New York State Council of Health-S… - Form 990 Financial Data

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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

2011

Legal Domicile

Principal Officer

Gerry Meglio

Phone

5184568819

Tax Period

2023-01-01 to 2023-12-31

New York State Council of Health-System Pharmacists Research and Education, founded in 2011, is a small nonprofit in the Education sector that reported $108K in total revenue in fiscal year 2023. The organization ran a surplus of $62K, a strong 58% operating margin.

Mission

To encourage, provide for, and engage in scientific research, professional study, and advancement of science of hospital and institutional pharmacy. To promote the public welfare through development of quality pharmaceutical services in hospitals and other organized health care settings. To improve the quality and increase the availability of hospital and institutional pharmaceutical services to the public.

Program Service Accomplishments

Program 1

Expenses: $30,154 Revenue: $81,731

Advance the educational and professional standards of pharmaceutic and pharmcists through there annual summit event and annual conference

Program 2

Expenses: $8,976 Revenue: $0

Provide awards for study, instruction, research and other pursuit of pharmacy and pharmacology.

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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 $18,750

Program Service Revenue $81,731

Investment Income $7,414

Other Revenue $0

TOTAL REVENUE $107,895

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,130

Other Expenses $45,554

TOTAL EXPENSES $45,554

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,895	N/A	N/A
Expenses	$45,554	N/A	N/A
Net Income	$62,341	N/A	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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Pinto	Chair	5.00	Officer Director	$0	$0	$0
Gerry Meglio	Treasurer	5.00	Officer Director	$0	$0	$0
Angela Cheng	Director	1.00	Director	$0	$0	$0
Amisha Arya	Director	1.00	Director	$0	$0	$0
Albert Volkl	Director	1.00	Director	$0	$0	$0
Heide Christensen	Director	1.00	Director	$0	$0	$0
Christina Lombardi	Director	1.00	Director	$0	$0	$0
Christopher Jadoch	Director	1.00	Director	$0	$0	$0
Chung-Shien Lee	Director	1.00	Director	$0	$0	$0
Elizabeth Phillips	Director	1.00	Director	$0	$0	$0
Henry Cohen	Director	1.00	Director	$0	$0	$0
Marcia Gutfeld	Director	1.00	Director	$0	$0	$0
Melissa Lobo	Director	1.00	Director	$0	$0	$0
Maabo Kludze	Director	1.00	Director	$0	$0	$0
Rosario Lazzaro	Director	1.00	Director	$0	$0	$0
Wesley Kufel	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	$107,895	$45,554	$526,212	$62,341

New York State Council of Health-System Pharmacists Research and Education