Summit Medical Group INC
Erlanger, Kentucky
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 1225 peers in Health Care with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $488,811,199↑6% | $514,243,325↑12% | $208,890,607↑7% | — |
| 2022 | $459,566,276↑8% | $460,711,313↑7% | $194,320,329↑2% | — |
| 2021 | $425,285,378↑18% | $432,141,988↑17% | $190,205,942↑18% | — |
| 2020 | $361,498,574↑1% | $367,997,484↑7% | $161,505,600↑22% | — |
| 2019 | $357,405,081↑7% | $345,101,163↑8% | $131,881,432↑235% | — |
| 2018 | $334,728,573↑9% | $319,491,911↑9% | $39,337,741↑1% | — |
| 2017 | $307,450,515↑16% | $292,833,514↑10% | $38,912,623 | — |
| 2016 | $263,998,458↑8% | $265,928,623↑6% | $38,912,256↓1% | — |
| 2015 | $245,358,612↑7% | $249,986,742↑10% | $39,382,145↓5% | — |
| 2014 | $228,443,977↑11% | $226,457,049↑14% | $41,245,848↑10% | — |
| 2013 | $206,282,924↑14% | $198,084,279↑13% | $37,439,786↑14% | — |
| 2012 | $180,272,458↑44% | $175,814,028↑32% | $32,828,047↓23% | — |
| 2011 | $125,592,060 | $133,337,429 | $42,432,582 | — |
Frequently Asked Questions
What does Summit Medical Group INC do?▼
Summit Medical Group INC is a health care nonprofit organization based in Kentucky. It is classified under NTEE code E20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Summit Medical Group INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Summit Medical Group INC has a score of 37/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Summit Medical Group INC generate?▼
Summit Medical Group INC reports $548.3M in annual revenue and holds $234.6M in total assets, based on IRS filings.
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