HEART CENTER OF METRO WEST INC (EIN 030390670) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

ASSAD SIDDIQI

Phone

6176365000

Tax Period

2020-10-01 to 2021-09-30

HEART CENTER OF METRO WEST INC, founded in 2008, is a mid-sized nonprofit in the Health Care sector that reported $11.0M in total revenue in fiscal year 2020. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

PROMOTING CARDOIOVASCULAR CARE AND HEALTH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $554,049

Program Service Revenue $10,471,515

Investment Income $0

Other Revenue $15,000

TOTAL REVENUE $11,040,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,265,164

Fundraising Expenses $0

Program Expenses $11,083,957

Other Expenses $2,142,386

TOTAL EXPENSES $11,407,550

Year-over-Year Comparison

	2020	2019	Change
Revenue	$11,040,564	$9,548,559	+0.2%
Expenses	$11,407,550	$10,112,118	+0.1%
Net Income	$-366,986	$-563,559	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

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

$2,647,397

Total Directors

$5,940,354

Key Employees

$252,266

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES ALDERMAN	PHYSICIAN/TRUSTEE (UNTIL 6/30/21)	1.00	Director	$0	$38,862	$570,317
HARVEY GOLDFINE	PHYSICIAN/TRUSTEE (UNTIL 6/30/21)	1.00	Director	$0	$38,272	$510,215
DAVID YOUNG	PHYSICIAN/TRUSTEE (UNTIL 6/30/21)	1.00	Director	$0	$38,819	$527,502
ERIC DAVIDSON	PHYSICIAN/TRUSTEE (UNTIL 6/30/21)	1.00	Director	$0	$38,879	$571,285
CHRISTOPHER GANGE	PHYSICIAN/TRUSTEE (UNTIL 6/30/21)	1.00	Director	$0	$38,879	$575,165
ELIZABETH ASCHER	PHYSICIAN/TRUSTEE (UNTIL 6/30/21)	1.00	Director	$0	$28,588	$153,789
ALAN ROSEN	PHYSICIAN/TRUSTEE (UNTIL 6/30/21)	1.00	Director	$0	$38,879	$569,185
MARVIN KONSTAM MD	PRESIDENT	1.00	Officer Director	$0	$39,107	$739,323
PATRICK BLOMBERG	PRESIDENT (UNTIL 6/30/21)	1.00	Officer Director	$0	$38,337	$578,548
GEORGE KINZFOGL	TREASURER (UNTIL 6/30/21)	1.00	Officer Director	$0	$38,879	$574,680
DONALD LOVE	CLERK (UNTIL 6/30/21)	1.00	Officer Director	$0	$38,879	$570,345
ASSAD SIDDIQI	TREASURER	1.00	Officer	$0	$0	$0
LAUREN RIPLEY	CLERK	1.00	Officer	$0	$11,854	$184,501
BOBBI FRIED	MANAGER	40.00	Key Emp	$240,933	$11,333	$252,266
CYNTHIA GOSSELIN	NURSE PRACTITIONER	40.00	Highest	$115,063	$8,321	$123,384
MARY OULLETTE	OPERATIONS MANAGER	40.00	Highest	$135,413	$3,288	$138,701
BOBBI COODE	NURSE PRACTITIONER	40.00	Highest	$124,523	$3,234	$127,757

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
2021	$11,040,564	$11,407,550	$2,897,230	$-366,986
2020	$9,548,559	$10,112,118	$3,114,364	$-563,559
2019	$9,706,621	$9,829,319	$2,775,162	$-122,698
2018	$9,627,648	$9,654,632	$2,747,598	$-26,984

HEART CENTER OF METRO WEST INC