Simi Valley Hosp and Hlth Care Services dba Adventist Health Simi Valley (EIN 956064971) - Form 990 Financial Analysis & Trantor Score

🔒

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

1960

Legal Domicile

Principal Officer

Jennifer Swenson

Phone

8059556000

Tax Period

2023-01-01 to 2023-12-31

Simi Valley Hosp and Hlth Care Services dba Adventist Health Simi Valley, founded in 1960, is a major nonprofit in the Health Care sector that reported $216.1M in total revenue in fiscal year 2023.

Mission

Living Gods love by inspiring health, wholeness and hope.

🔒

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 $4,947,167

Program Service Revenue $210,360,610

Investment Income $444,505

Other Revenue $328,245

TOTAL REVENUE $216,080,527

Expense Breakdown

Grants Paid $309,210

Salaries & Benefits $98,806,014

Fundraising Expenses $520,190

Program Expenses $181,953,465

Other Expenses $131,987,719

TOTAL EXPENSES $231,102,943

Year-over-Year Comparison

	2023	2022	Change
Revenue	$216,080,527	$202,047,624	+0.1%
Expenses	$231,102,943	$224,356,491	+0.0%
Net Income	$-15,022,416	$-22,308,867	-0.3%

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

1339

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

$9,653,585

Total Directors

$3,609,009

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Heinrich Kerry	Director/CEO	0.00	Officer Director	$0	$55,743	$3,358,171
Hofheins Todd	COO/Vice Chair	0.00	Officer	$0	$74,489	$2,347,081
Beaman John	CFO/Asst Secty	0.00	Officer	$0	$71,703	$1,752,256
StevensEric	Former Care Div Ops Exec thru 02/22	0.00		$0	$57,900	$1,584,193
Nahapetian Arby	Former Care Div Med Off thru 02/22	2.00		$0	$67,961	$1,550,255
JahnAndrew	President, Southern CA Network	12.50		$0	$50,625	$1,516,531
WingBilly	Former Dir/A Sec/V Chair thru 01/22	0.00		$0	$26,777	$1,465,237
Raffoul John	Former Finance Officer, SCR	0.00		$0	$58,763	$1,057,177
Jobe Meredith	Secretary	0.00	Officer	$0	$60,723	$1,020,211
Burke James	Medical Officer, SCR	12.50		$0	$41,894	$833,059
Swenson Jennifer	President, AHSV	50.00	Officer	$0	$21,175	$749,935
Milatovic Natasa	Reg HR Dir, SCR thru 4/23	10.00		$0	$63,415	$598,451
Schneider Nicole	Medical Officer	50.00		$0	$58,290	$581,783
Spenst Brett	Former Care Div Finance thru 02/22	0.00		$0	$44,711	$565,336
Combis Theodore	Tres/Asst Secty	50.00	Officer	$0	$97,350	$425,931
Ferrier Corbett	Bus Dev Exec	50.00		$0	$62,706	$421,160
Stone Patricia	Interim Patient Care Exec	50.00		$0	$57,972	$330,985
Saad John	RN, Administrative	40.00		$248,701	$80,480	$329,181
Nguyen Truong	RN	40.00		$257,869	$37,380	$295,249
Mallari Christopher	RN Nurse Lead	40.00		$252,439	$26,233	$278,672
Riddell Stella	Patient Care Exec thru 10/23	50.00		$0	$1,842	$266,969
PatelAmish	RN	40.00		$226,489	$28,714	$255,203
Deamer Carol	Director, Pharmacy	40.00		$221,833	$25,735	$247,568
Freedman John	Director	0.00	Director	$0	$0	$26,770
Cherry Robert	Director	0.00	Director	$0	$0	$26,611
Davis Andrew	Director	0.00	Director	$0	$0	$26,611
Innocent Larry	Director	0.00	Director	$0	$0	$26,611
Reiner Richard	Director	0.00	Director	$0	$0	$26,611
Salazar Velino	Director	0.00	Director	$0	$0	$26,611
Newton Bradford	Director	0.00	Director	$0	$0	$26,611
Banks David	Director	0.00	Director	$0	$0	$26,181
Woodson Marc	Director	0.00	Director	$0	$0	$21,611
Wagner Jack	Director	0.00	Director	$0	$0	$16,180
Fehr Joy	Director	0.00	Director	$0	$0	$430

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	$216,080,527	$231,102,943	$169,787,870	$-15,022,416
2022	$202,047,624	$224,356,491	$174,224,266	$-22,308,867
2021	$199,328,344	$205,984,353	$175,592,149	$-6,656,009
2020	$174,980,327	$176,521,972	$192,924,737	$-1,541,645
2019	$163,134,361	$160,035,869	$193,427,233	$3,098,492
2018	$154,637,132	$152,724,413	$177,558,588	$1,912,719

Simi Valley Hosp and Hlth Care Services dba Adventist Health Simi Valley