LOWN CARDIOVASCULAR GROUP INC (EIN 042539723) - 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

2013

Legal Domicile

Principal Officer

BRIAN Z BILCHIK MD

Phone

6177321318

Tax Period

2024-01-01 to 2024-12-31

LOWN CARDIOVASCULAR GROUP INC, founded in 2013, is a community nonprofit in the Health Care sector that reported $3.1M in total revenue in fiscal year 2024. Expenses of $3.9M exceeded revenue, resulting in a 26% operating deficit.

Mission

THE ORGANIZATION'S PRIMARY MISSION IS THE UNDERSTANDING AND TREATMENT OF CARDIOVASCULAR DISEASE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $97,500

Program Service Revenue $2,961,225

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,058,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,616,069

Fundraising Expenses $3,456

Program Expenses $3,274,684

Other Expenses $1,249,322

TOTAL EXPENSES $3,865,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,058,725	$2,964,070	+0.0%
Expenses	$3,865,391	$3,150,487	+0.2%
Net Income	$-806,666	$-186,417	+3.3%

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

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

$1,465,392

Total Directors

$3,307,979

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN Z BILCHIK MD	PRESIDENT &	40.00	Officer Director	$236,255	$0	$820,635
CHARLES BLATT MD	CLERK	40.00	Officer Director	$184,448	$0	$644,757
SHMUEL RAVID MD	TRUSTEE	40.00	Director	$182,141	$0	$578,844
DARA LEE LEWIS MD	TRUSTEE	40.00	Director	$161,685	$0	$519,276
ALYSON KELLEY-HEDGEPETH MD	TRUSTEE	40.00	Director	$241,944	$0	$744,467
JOEL KATZ	PHYSICIAN	40.00	Highest	$181,500	$0	$181,500
SANDRA J WRIGHT	PRACTICE MAN	40.00	Highest	$138,433	$0	$138,433
JONATHAN GERBODE-GRANT	NURSE PRACTI	40.00	Highest	$159,775	$0	$159,775
JASON WARD	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES BAIRD	TRUSTEE	1.00	Director	$0	$0	$0

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
2024	$3,058,725	$3,865,391	$1,481,259	$-806,666
2023	$2,964,070	$3,150,487	$2,492,873	$-186,417
2022	$2,933,194	$3,072,859	$2,943,219	$-139,665
2021	$3,717,479	$2,947,653	$2,668,279	$769,826
2020	$3,045,708	$3,369,289	$2,351,023	$-323,581
2019	$3,619,575	$3,396,250	$1,922,351	$223,325
2018	$3,114,191	$3,289,623	$1,722,886	$-175,432

LOWN CARDIOVASCULAR GROUP INC