LUMETRA HEALTHCARE SOLUTIONS (EIN 942918600) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

JOHN A FRIEDMAN MD

Phone

5163267767

Tax Period

2023-08-01 to 2024-07-31

LUMETRA HEALTHCARE SOLUTIONS, founded in 1983, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 56% operating deficit.

Mission

TO DRIVE THE ADVANCEMENT OF THE HEALTHCARE BUSINESS THROUGH EVIDENCE-BASED, RELIABLE SOLUTIONS AND TECHNOLOGY.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,072,754

Investment Income $3

Other Revenue $2,498

TOTAL REVENUE $1,075,255

Expense Breakdown

Grants Paid $0

Salaries & Benefits $576,371

Fundraising Expenses $0

Other Expenses $1,101,292

TOTAL EXPENSES $1,677,663

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,075,255	$1,380,538	-0.2%
Expenses	$1,677,663	$1,978,418	-0.2%
Net Income	$-602,408	$-597,880	+0.0%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,088,722

Total Directors

$2,578,070

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THEODORE O WILL	EXECUTIVE VICE PRESIDENT	0.10	Officer Director	$0	$117,247	$877,160
JOHN A FRIEDMAN MD	PRESIDENT	0.10	Officer Director	$750	$0	$11,025
PAUL J ROWLAND	TREASURER	0.10	Officer Director	$750	$0	$7,925
RONALD A PAYNTER MD	SECRETARY THRU APR 2024	0.10	Officer Director	$750	$0	$4,350
JEAN ANN SEAGO PHD	DIRECTOR	0.10	Director	$750	$0	$750
HARRY M FEDER	DIRECTOR THRU JAN 2024	0.10	Director	$0	$82,658	$690,629
CLARE BRADLEY POLLET MD	DIRECTOR	0.10	Director	$0	$45,163	$548,886
ALAN WOGHIN	DIRECTOR	0.10	Director	$0	$86,079	$437,345
MATTHEW ROBERTS	DIRECTOR	0.10	Director	$0	$0	$0
CECILIA RAMOS	EXECUTIVE DIRECTOR	40.00	Officer	$0	$20,388	$188,262
PATRICIA DANIEL	VP CLINICAL SERVICES	20.00	Highest	$111,002	$3,825	$114,827

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	$1,075,255	$1,677,663	$2,127,353	$-602,408
2023	$1,380,538	$1,978,418	$1,780,196	$-597,880
2022	$2,026,706	$1,867,830	$1,949,473	$158,876
2021	$1,926,997	$2,267,669	$2,523,732	$-340,672
2020	$2,031,487	$2,793,487	$2,245,173	$-762,000
2019	$3,931,656	$4,114,053	$3,193,268	$-182,397
2018	$4,137,493	$4,132,178	$2,862,881	$5,315

LUMETRA HEALTHCARE SOLUTIONS