Civic Intelligence

Flnc Inc

EIN 20-5774761 • 501(c)3 • Apopka, FL

Profile

Adventist Health System Sunbelt Healthcare Corporation and all its subsidiary organizations were established by the Seventh-Day Adventist Church to bring a ministry of healing and health to the communities served. Our mission is to extend the healing ministry of Christ.The filing organization and healthcare system whose parent is Adventist Health System Sunbelt Healthcare Corporation is known as AdventHealth. AdventHealth seeks to be widely respected as a consumer-focused organization that engages individuals in their health by delivering wholistic, best practice care across a connected, comprehensive continuum of services. With Christ as our example, AdventHealth cares for and nurtures people: our employees, our communities, our healthcare professionals, and those who trust us for care and healing.

Refreshing map…

3355 E Semoran BlvdApopka, FL 32703

www.adventhealth.com/skilled-nursing

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$1,394,176

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 104.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-77%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$43,448,284

Down $5,096,627 (-10%) from 2021

Liabilities

Down

$7,124,614

Down $898,577 (-11%) from 2021

Net Assets

Down

$36,323,670

Down $4,198,050 (-10%) from 2021

Operations
Liabilities / Revenue20th percentileNet Margin99th percentile

Revenue

Up

$28,894,680

Up $742,688 (+2.6%) from 2021

Expenses

Up

$28,137,647

Up $5,116,749 (+22%) from 2021

Net Income

Down

$757,033

Down $4,374,061 (-85%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $11,279,520Liabilities 2010: $2,430,666Net Assets 2010: $8,848,8542010Assets 2011: $14,231,081Liabilities 2011: $1,894,835Net Assets 2011: $12,336,2462011Assets 2012: $17,394,686Liabilities 2012: $2,647,032Net Assets 2012: $14,747,6542012Assets 2013: $18,467,393Liabilities 2013: $2,275,568Net Assets 2013: $16,191,8252013Assets 2014: $20,703,877Liabilities 2014: $2,596,370Net Assets 2014: $18,107,5072014Assets 2015: $23,885,452Liabilities 2015: $3,566,515Net Assets 2015: $20,318,9372015Assets 2016: $27,228,359Liabilities 2016: $4,090,140Net Assets 2016: $23,138,2192016Assets 2017: $21,141,487Liabilities 2017: $2,982,850Net Assets 2017: $18,158,6372017Assets 2018: $23,523,902Liabilities 2018: $2,785,216Net Assets 2018: $20,738,6862018Assets 2019: $29,044,765Liabilities 2019: $3,102,048Net Assets 2019: $25,942,7172019Assets 2020: $42,214,648Liabilities 2020: $7,411,493Net Assets 2020: $34,803,1552020Assets 2021: $48,544,911Liabilities 2021: $8,023,191Net Assets 2021: $40,521,7202021Assets 2022: $43,448,284Liabilities 2022: $7,124,614Net Assets 2022: $36,323,6702022

Highlighted filing

2022

Assets$43,448,284
Liabilities$7,124,614
Net Assets$36,323,670
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0Expenses 2010: $17,274,4572010Revenue 2011: $21,379,517Expenses 2011: $17,892,125Net Income 2011: $3,487,3922011Expenses 2012: $18,067,7042012Revenue 2013: $19,697,616Expenses 2013: $18,253,446Net Income 2013: $1,444,1702013Revenue 2014: $20,923,188Expenses 2014: $19,007,506Net Income 2014: $1,915,6822014Revenue 2015: $21,626,646Expenses 2015: $19,322,884Net Income 2015: $2,303,7622015Revenue 2016: $21,215,907Expenses 2016: $18,769,042Net Income 2016: $2,446,8652016Revenue 2017: $22,322,672Expenses 2017: $17,900,921Net Income 2017: $4,421,7512017Revenue 2018: $23,167,104Expenses 2018: $20,082,105Net Income 2018: $3,084,9992018Revenue 2019: $24,510,911Expenses 2019: $20,597,770Net Income 2019: $3,913,1412019Revenue 2020: $26,256,115Expenses 2020: $22,387,930Net Income 2020: $3,868,1852020Revenue 2021: $28,151,992Expenses 2021: $23,020,898Net Income 2021: $5,131,0942021Revenue 2022: $28,894,680Expenses 2022: $28,137,647Net Income 2022: $757,0332022

Highlighted filing

2022

Revenue$28,894,680
Expenses$28,137,647
Net Income$757,033
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$43,448,284
Liabilities
$7,124,614
Net assets
$36,323,670
Revenue
$28,894,680
Expenses
$28,137,647
Net income
$757,033
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Summary only. Only limited summary data is available for this year.$43.4$7.12$36.3$28.9$28.1$0.76
2021Summary only. Only limited summary data is available for this year.$48.5$8.02$40.5$28.2$23.0$5.13
2020Summary only. Only limited summary data is available for this year.$42.2$7.41$34.8$26.3$22.4$3.87
2019Summary only. Only limited summary data is available for this year.$29.0$3.10$25.9$24.5$20.6$3.91
2018Summary only. Only limited summary data is available for this year.$23.5$2.79$20.7$23.2$20.1$3.08
2017Summary only. Only limited summary data is available for this year.$21.1$2.98$18.2$22.3$17.9$4.42
2016Summary only. Only limited summary data is available for this year.$27.2$4.09$23.1$21.2$18.8$2.45
2015Summary only. Only limited summary data is available for this year.$23.9$3.57$20.3$21.6$19.3$2.30
2014Summary only. Only limited summary data is available for this year.$20.7$2.60$18.1$20.9$19.0$1.92
2013Summary only. Only limited summary data is available for this year.$18.5$2.28$16.2$19.7$18.3$1.44
2012Summary only. Only limited summary data is available for this year.$17.4$2.65$14.7$18.1
2011Summary only. Only limited summary data is available for this year.$14.2$1.89$12.3$21.4$17.9$3.49
2010Summary only. Only limited summary data is available for this year.$11.3$2.43$8.85$17.3
Latest Filing Detail
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Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Mission and Program Overview

Mission

Adventist Health System Sunbelt Healthcare Corporation and all its subsidiary organizations were established by the Seventh-Day Adventist Church to bring a ministry of healing and health to the communities served. Our mission is to extend the healing ministry of Christ.The filing organization and healthcare system whose parent is Adventist Health System Sunbelt Healthcare Corporation is known as AdventHealth. AdventHealth seeks to be widely respected as a consumer-focused organization that engages individuals in their health by delivering wholistic, best practice care across a connected, comprehensive continuum of services. With Christ as our example, AdventHealth cares for and nurtures people: our employees, our communities, our healthcare professionals, and those who trust us for care and healing.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $25M-$50M nonprofits