ASSABET VALLEY IPA INC (EIN 042800933) - 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

1983

Legal Domicile

Principal Officer

DR ARNOLD HILL

Phone

5084850104

Tax Period

2023-01-01 to 2023-12-31

ASSABET VALLEY IPA INC, founded in 1983, is a micro nonprofit in the Health Care sector that reported $25K in total revenue in fiscal year 2023. Revenue surged 2057% from the prior year, signaling strong growth momentum. Expenses of $51K exceeded revenue, resulting in a 103% operating deficit.

Mission

TO PROVIDE FREE MEDICAL EDUCATION ON VARIOUS TOPICS SUCH AS DIABETES, OBESITY AND HYPERTENSION FOR LOCAL DOCTORS, SOCIAL WORKERS, DIETICIANS AND NURSES AND TO CONTINUE TO PROVIDE CONTRIBUTIONS OF MANPOWER AND CASH TO LOCAL HEALTHCARE INITITATIVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $24,892

Other Revenue $19

TOTAL REVENUE $24,911

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $5,250

Fundraising Expenses $0

Program Expenses $30,000

Other Expenses $15,393

TOTAL EXPENSES $50,643

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,911	$1,155	+20.6%
Expenses	$50,643	$32,961	+0.5%
Net Income	$-25,732	$-31,806	-0.2%

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

N/A

Volunteers

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

$4,950

Total Directors

$5,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARNOLD HILL MD	PRESIDENT/TREASURER/CLERK	7.00	Officer Director	$4,950	$0	$4,950
DANIEL CARLUCCI MD	DIRECTOR	1.00	Director	$300	$0	$300
JUDITH DUFFY	DIRECTOR	1.00	Director	$0	$0	$0
ANUP MATHUR MD	DIRECTOR	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	No data	No data	No data	No data
2023	$24,911	$50,643	$700,982	$-25,732
2022	$1,155	$32,961	$675,249	$-31,806
2021	$20,000	$27,212	$773,723	$-7,212
2020	$66,352	$31,678	$780,935	$34,674
2019	$31,080	$23,342	$722,709	$7,738

ASSABET VALLEY IPA INC