Assoc for Healthcare Risk Mgt of NY (EIN 112765051) - 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

1985

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Assoc for Healthcare Risk Mgt of NY, founded in 1985, is a small nonprofit in the Health Care sector that reported $148K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

Conduct seminars at annual conference to educate the healthcareindustry on risk management in NY State.

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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 $22,336

Program Service Revenue $125,960

Investment Income $1

Other Revenue $0

TOTAL REVENUE $148,297

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $119,863

Other Expenses $148,643

TOTAL EXPENSES $148,643

Year-over-Year Comparison

	2023	2022	Change
Revenue	$148,297	$170,883	-0.1%
Expenses	$148,643	$123,875	+0.2%
Net Income	$-346	$47,008	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pamela Monastero	Secretary	1.00	Officer	$0	$0	$0
Wilhemina C Nyarko	President Elect	1.00	Officer	$0	$0	$0
Michael Brendel	Treasurer	1.00	Officer	$0	$0	$0
Victor Klein	Past -President	1.00	Officer	$0	$0	$0
Lori Shapiro	President	1.00	Officer	$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
2025	No data	No data	No data	No data
2024	$148,297	$148,643	$106,462	$-346
2023	$170,883	$123,875	$106,808	$47,008
2022	$33,609	$8,925	$59,800	$24,684
2021	$10,850	$8,952	$261,368	$1,898
2020	$49,179	$7,528	$259,470	$41,651
2019	$153,924	$17,993	$217,819	$135,931

Assoc for Healthcare Risk Mgt of NY