PARKVIEW COMMUNITY HOSPITAL MEDICA… - Form 990 Financial Data

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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

1956

Legal Domicile

Principal Officer

DAVID AVINA

Phone

7148338506

Tax Period

2024-01-01 to 2024-12-31

PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER A NONPROFIT PUBLIC BENEFIT CORP, founded in 1956, is a micro nonprofit that reported $81K in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $26.8M exceeded revenue, resulting in a 32926% operating deficit.

Mission

THE PURPOSES OF THIS CORPORATION ARE TO RECEIVE FUNDS OF REAL AND/OR PERSONAL PROPERTY AND TO USE AND APPLY THE WHOLE OR ANY PART OF THE INCOME THEREFROM AND THE PRINCIPAL THEREOF EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES OR ACTIVITIES ASSOCIATED WITH THIS GOAL AS ALLOWED BY LAW.

Program Service Accomplishments

Program 1

Expenses: $25,998,802 Revenue: $0

PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER OPERATIONS WERE SOLD TO AHMC HEALTHCARE INC. ALL OPERATIONS HAVE CEASED AND THE ORGANIZATION IS IN THE PROCESS OF WINDING DOWN. AS THE ORGANIZATION WINDS...

PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER OPERATIONS WERE SOLD TO AHMC HEALTHCARE INC. ALL OPERATIONS HAVE CEASED AND THE ORGANIZATION IS IN THE PROCESS OF WINDING DOWN. AS THE ORGANIZATION WINDS DOWN, REMAINING ASSETS WILL BE DISTRIBUTED TO PARKVIEW LEGACY FOUNDATION AND OTHER 501(C)(3) PUBLIC CHARITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $78,064

Other Revenue $3,132

TOTAL REVENUE $81,196

Expense Breakdown

Grants Paid $25,998,802

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,998,802

Other Expenses $816,883

TOTAL EXPENSES $26,815,685

Year-over-Year Comparison

	2024	2023	Change
Revenue	$81,196	$546,236	-0.9%
Expenses	$26,815,685	$1,772,787	+14.1%
Net Income	$-26,734,489	$-1,226,551	+20.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA REYNOLDS	CHAIR	2.00	Officer Director	$0	$0	$0
RICHARD RAMIREZ	SECRETARY	2.00	Officer Director	$0	$0	$0
JOHN DEMSHKI	DIRECTOR	2.00	Director	$0	$0	$0
DWIGHT TATE	DIRECTOR	2.00	Director	$0	$0	$0
WENDELL TUCKER PHD	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES S MACK JR	CEO	20.00	Officer	$0	$0	$0
DAVID R AVINA CPA	CFO	20.00	Officer	$0	$0	$0

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	$81,196	$26,815,685	No data	$-26,734,489
2023	$546,236	$1,772,787	$26,734,489	$-1,226,551
2022	$339,945	$9,601,996	$26,508,550	$-9,262,051
2021	$235,126	$5,125,587	$39,360,352	$-4,890,461
2020	$1,211,885	$21,721,067	$40,777,855	$-20,509,182
2019	$93,463,847	$84,177,279	$53,661,972	$9,286,568
2018	$178,363,595	$162,001,859	$111,273,656	$16,361,736

PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER A NONPROFIT PUBLIC BENEFIT CORP