Total Health Care Inc

Nonprofit profile at a glance

EIN
382018957
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Grand Rapids, MI, USA
Phone
8669897999
Rating
29
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$784,874
Expenses
$352,192
Assets
$5,751
Liabilities
$102,148

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • PRAVEEN THADANI (DIRECTOR/PRESIDENT)

Highest reported compensation

  • PRAVEEN THADANI (DIRECTOR/PRESIDENT): $3,153,750 total reported compensation
  • KIMBERLY THOMAS (DIRECTOR/SECRETARY): $755,941 total reported compensation
  • JOYCE CHAN RUSSELL (DIRECTOR/CHAIR): $678,638 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve health, instill humanity and inspire hope.

What it reported doing in 2024

Effective october 1, 2021 the organization's membership and medicaid contract were transferred to priority health choice, inc. (a related tax-exempt organization). Final dissolution is expected to conclude in 2025 following approval by the boards of directors of priority health, the immediate corporate parent, and corewell health, the ultimate corporate parent.total health care, inc. Has surrendered its hmo license.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 67
  • Accountability: 32
  • Sustainability: 45
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.2%; rating input score 0
  • Program expense ratio: 1%; rating input score 1
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 55.1%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 17.76; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 344.9%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -16.7% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -8.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -3% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 0.2% of revenue deployed · 1% of spending went to programs
  • Governance: 0 of 6 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $3.2M · 11 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules · includes executive pay and related organizations
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 89 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 1/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.