HENRY FORD HEALTH PARENT

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

ROBIN DAMSCHRODER

Phone

3138768714

Tax Period

2023-09-28 to 2023-12-31

Mission

THE ORGANIZATION WAS ESTABLISHED TO SERVE AS A SUPPORTING ORGANIZATION AND HOLDING COMPANY FOR HENRY FORD HEALTH SYSTEM ("HFHS") AND ITS SUBORDINATE AFFILIATES.

Program Service Accomplishments

Program 1

IT SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND/OR TO CARRY OUT THE PURPOSES OF HFHS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$8,897,448

Total Directors

$5,452,125

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN FORD ALANDT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID J BREEN	DIRECTOR - CHAIR	2.00	Officer Director	$0	$0	$50,000
JACALYN S GOFORTH	DIRECTOR	1.00	Director	$0	$0	$25,000
JOHN F HARRIS	DIRECTOR	1.00	Director	$0	$0	$30,000
DAVID M HEMPSTEAD	DIRECTOR	1.00	Director	$0	$0	$15,000
PATRICIA A MARYLAND DRPH	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES G MCCLURE JR	DIRECTOR	1.00	Director	$0	$0	$0
JAMES O PEABODY MD	DIRECTOR - PHYSICIAN	1.00	Director	$0	$64,205	$617,163
DANIEL J PHELAN PHD	DIRECTOR	1.00	Director	$0	$0	$30,000
BARRY G PORTER	DIRECTOR	1.00	Director	$0	$0	$25,000
MICHAEL S RAFFERTY	DIRECTOR	1.00	Director	$0	$0	$30,000
JOSEPH J RICHARDSON JR	DIRECTOR	1.00	Director	$0	$0	$35,000
ROBERT G RINEY	DIRECTOR/ PRESIDENT/CEO	2.00	Officer Director	$0	$57,039	$4,524,962
FREDERIEK TONEY	DIRECTOR	1.00	Director	$0	$0	$35,000
EDGAR L VANN II	DIRECTOR	1.00	Director	$0	$0	$35,000
GERARDO NORCIA	DIRECTOR (START 12/2023)	1.00	Director	$0	$0	$0
MICHELLE JOHNSON TIDJANI ESQ	SECRETARY (THRU 9/2023)	2.00	Officer	$0	$47,822	$1,615,611
ROBIN S DAMSCHRODER	TREASURER/CFO	2.00	Officer	$0	$61,913	$2,468,944
MARJORIE A STATEN JD	SECRETARY (START 10/2023)	2.00	Officer	$0	$14,695	$237,931

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data