FAMILY HEALTH CENTER REALTY INC

EIN: 042743834 501(c)(3) Health Care

WORCESTER, MA

Total Revenue
N/A
Total Expenses
$377,548
Total Assets
$1,460,509
Net Assets
$1,124,504
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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
1981
Legal Domicile
MA
Principal Officer
OLUYINKA FADAHUNSI
Phone
5088607975
Tax Period
2024-07-01 to 2025-06-30

Mission

TO BENEFIT, PERFORM THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF THE FAMILY HEALTH CENTER OF WORCESTER, INC.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $377,548
Other Expenses $377,548
TOTAL EXPENSES $377,548

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $377,548 $377,633 0.0%
Net Income N/A $-377,633 N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
4
$487,357
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH SCARDINO ESQ VICE PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
JOHN K TRUE TREASURER 1.00
Officer Director
$0 $0 $0
PHILIP R MAGNUSSON CLERK 1.00
Officer Director
$0 $0 $0
LYNDA ROWE DIRECTOR 1.00
Director
$0 $0 $0
LOUIS BRADY PRESIDENT AND CEO 1.00
Officer
$0 $32,553 $487,357
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
2025 No data $377,548 $1,460,509 No data
2024 No data $377,633 $1,838,057 No data
2023 No data $377,704 $2,215,690 No data
2022 No data $378,719 $2,593,394 No data
2021 $540,640 $923,132 $2,972,113 $-382,492
2020 $1,074,960 $1,577,854 $3,459,412 $-502,894
2019 $1,043,054 $1,625,688 $3,893,868 $-582,634
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