Trihealth Physician Enterprises Corp
EIN: 311383365 · Cincinnati, OH · NTEE: E60Z
| Metric | Value |
|---|---|
| Total Revenue | $269.2M |
| Total Expenses | $329.0M |
| Net Assets | $23.2M |
Is Trihealth Physician Enterprises Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Trihealth Physician Enterprises Corp
Trihealth Physician Enterprises Corp (EIN: 311383365) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code E60Z. The organization reported total revenue of $269.2M and total assets of $105.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trihealth Physician Enterprises Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trihealth Physician Enterprises Corp is a major nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $257.5M |
| Total Expenses | $329.0M |
| Surplus / Deficit | $-71,508,965 |
| Total Assets | $89.7M |
| Total Liabilities | $66.4M |
| Net Assets | $23.2M |
| Operating Margin | -27.8% |
| Debt-to-Asset Ratio | 74.1% |
| Months of Reserves | 3.3 months |
Financial Health Grade: C
In 2023, Trihealth Physician Enterprises Corp reported a deficit of $71.5M with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 74.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trihealth Physician Enterprises Corp's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.4% | -25.7% | +18.6% |
| 2022 | -23.5% | -23.7% | -26.8% |
| 2021 | +12.9% | +4.7% | +2.4% |
| 2020 | -2.4% | +1.1% | +21.2% |
| 2019 | +1.8% | +7.4% | +20.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Trihealth Physician Enterprises Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trihealth Physician Enterprises Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $71.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 74.1%.
Frequently Asked Questions about Trihealth Physician Enterprises Corp
Is Trihealth Physician Enterprises Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Trihealth Physician Enterprises Corp (EIN: 311383365) insufficient data. 0 red flags identified, 0 strengths noted.
How does Trihealth Physician Enterprises Corp spend its money?
Detailed spending breakdown data is not yet available for Trihealth Physician Enterprises Corp. Check back for updated IRS 990 analysis.
Are donations to Trihealth Physician Enterprises Corp tax-deductible?
Trihealth Physician Enterprises Corp is registered as a tax-exempt nonprofit (EIN: 311383365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Trihealth Physician Enterprises Corp located?
Trihealth Physician Enterprises Corp is headquartered in Cincinnati, Ohio and files with the IRS under EIN 311383365. It is classified under NTEE code E60Z.
How many years of IRS 990 filings does Trihealth Physician Enterprises Corp have?
Trihealth Physician Enterprises Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $269.2M in total revenue.
Filing History
IRS 990 filing history for Trihealth Physician Enterprises Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trihealth Physician Enterprises Corp's revenue has grown by 54.3%, moving from $166.9M to $257.5M. Total assets increased by 161.3% over the same period, from $34.3M to $89.7M. Total functional expenses rose by 83%, from $179.8M to $329.0M. In its most recent filing year (2023), Trihealth Physician Enterprises Corp reported a deficit of $71.5M, with expenses exceeding revenue. The organization holds $66.4M in liabilities against $89.7M in assets (debt-to-asset ratio: 74.1%), resulting in net assets of $23.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $257.5M | $329.0M | $89.7M | $66.4M | — | View 990 |
| 2022 | $331.8M | $443.0M | $75.6M | $68.4M | — | View 990 |
| 2021 | $433.7M | $580.8M | $103.3M | $101.6M | — | View 990 |
| 2020 | $384.0M | $554.5M | $100.9M | $88.4M | — | View 990 |
| 2019 | $393.5M | $548.7M | $83.2M | $55.4M | — | View 990 |
| 2018 | $386.7M | $511.0M | $69.2M | $47.9M | — | View 990 |
| 2017 | $362.0M | $469.1M | $73.2M | $45.9M | — | View 990 |
| 2016 | $270.3M | $341.2M | $78.7M | $61.3M | — | View 990 |
| 2015 | $195.5M | $218.0M | $55.3M | $46.2M | — | View 990 |
| 2014 | $183.8M | $203.6M | $37.7M | $36.4M | — | View 990 |
| 2013 | $178.9M | $198.0M | $36.4M | $37.5M | — | View 990 |
| 2012 | $174.8M | $189.4M | $35.4M | $36.1M | — | View 990 |
| 2011 | $166.9M | $179.8M | $34.3M | $81.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $257.5M, expenses of $329.0M, and assets of $89.7M (revenue -22.4% year-over-year).
- 2022: Revenue of $331.8M, expenses of $443.0M, and assets of $75.6M (revenue -23.5% year-over-year).
- 2021: Revenue of $433.7M, expenses of $580.8M, and assets of $103.3M (revenue +12.9% year-over-year).
- 2020: Revenue of $384.0M, expenses of $554.5M, and assets of $100.9M (revenue -2.4% year-over-year).
- 2019: Revenue of $393.5M, expenses of $548.7M, and assets of $83.2M (revenue +1.8% year-over-year).
- 2018: Revenue of $386.7M, expenses of $511.0M, and assets of $69.2M (revenue +6.8% year-over-year).
- 2017: Revenue of $362.0M, expenses of $469.1M, and assets of $73.2M (revenue +33.9% year-over-year).
- 2016: Revenue of $270.3M, expenses of $341.2M, and assets of $78.7M (revenue +38.3% year-over-year).
- 2015: Revenue of $195.5M, expenses of $218.0M, and assets of $55.3M (revenue +6.4% year-over-year).
- 2014: Revenue of $183.8M, expenses of $203.6M, and assets of $37.7M (revenue +2.7% year-over-year).
- 2013: Revenue of $178.9M, expenses of $198.0M, and assets of $36.4M (revenue +2.3% year-over-year).
- 2012: Revenue of $174.8M, expenses of $189.4M, and assets of $35.4M (revenue +4.8% year-over-year).
- 2011: Revenue of $166.9M, expenses of $179.8M, and assets of $34.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trihealth Physician Enterprises Corp:
Data Sources and Methodology
This transparency report for Trihealth Physician Enterprises Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.