Stony Brook Orthopedic Associates University Faculty Practice Corporation

EIN: 112593061 501(c)(3) Health Care

STONY BROOK, NY

Total Revenue
$46,282,646
Total Expenses
$46,445,452
Total Assets
$2,852,954
Net Assets
N/A
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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
1982
Legal Domicile
NY
Phone
6314442055
Tax Period
2024-07-01 to 2025-06-30

Stony Brook Orthopedic Associates University Faculty Practice Corporation, founded in 1982, is a mid-sized nonprofit in the Health Care sector that reported $46.3M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

PROVIDE CLINICAL INSTRUCTION TO AND SUPERVISION OF MEDICAL SCHOOL STUDENTS, INTERNS AND RESIDENTS AND, INCIDENT THERETO, RENDERING PROFESSIONAL SERVICES.

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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 $46,199,072
Investment Income $0
Other Revenue $83,574
TOTAL REVENUE $46,282,646

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,175,718
Fundraising Expenses $0
Program Expenses $42,047,409
Other Expenses $27,269,734
TOTAL EXPENSES $46,445,452

Year-over-Year Comparison

2024 2023 Change
Revenue $46,282,646 $42,316,127 +0.1%
Expenses $46,445,452 $43,381,393 +0.1%
Net Income $-162,806 $-1,065,266 -0.8%
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
3
Independent Members
N/A
Employees
40
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
$3,251,549
Total Directors
3
$4,824,108
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES NICHOLSON DIRECTOR/SECRETARY/TREASURER 40.0
Officer Director
$1,526,594 $91,405 $1,816,365
JAMES PENNA President & Director 40.0
Officer Director
$1,197,977 $85,460 $1,435,184
JAMES BARSI DIRECTOR 40.0
Director
$1,507,191 $65,368 $1,572,559
EDWARD WANG ORTHOPAEDIC SURGEON 40.0
Highest
$910,908 $85,327 $1,145,549
FAZEL KHAN ORTHOPAEDIC SURGEON 40.0
Highest
$1,114,088 $65,368 $1,179,456
MEGAN PAULUS ORTHOPAEDIC SURGEON 40.0
Highest
$831,921 $72,572 $973,100
NICHOLAS DIVARIS ORTHOPAEDIC SURGEON 40.0
Highest
$768,323 $85,291 $1,003,261
STEPHEN KOTTMEIER ORTHOPAEDIC SURGEON 40.0
Highest
$698,638 $89,936 $946,740
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 $46,282,646 $46,445,452 $2,852,954 $-162,806
2024 No data No data No data No data
2023 $41,017,037 $41,728,312 $4,081,026 $-711,275
2022 $39,021,478 $41,377,587 $4,792,301 $-2,356,109
2021 $37,222,975 $32,547,920 $5,848,599 $4,675,055
2020 $30,651,857 $32,114,941 $3,294,124 $-1,463,084
2019 $30,805,258 $30,081,227 $4,761,627 $724,031
2018 $31,642,056 $30,268,918 $4,037,597 $1,373,138
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