ST FRANCIS RESEARCH & EDUCATIONAL CORPORATION INC

EIN: 113090867 501(c)(3)

ROSLYN, NY

Total Revenue
$11,416,311
Total Expenses
$12,730,328
Total Assets
$18,404,618
Net Assets
$9,432,206
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NY
Principal Officer
CHARLES LUCORE
Phone
5165626000
Tax Period
2023-01-01 to 2023-12-31

ST FRANCIS RESEARCH & EDUCATIONAL CORPORATION INC, founded in 1991, is a mid-sized nonprofit that reported $11.4M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $12.7M exceeded revenue, resulting in a 12% operating deficit.

Mission

WE, AT CH, HUMBLY JOIN TOGETHER TO BRING CHRISTS HEALING MISSION AND THE MISSION OF MERCY OF THE CATHOLIC CHURCH EXPRESSED IN CATHOLIC HEALTH CARE TO OUR COMMUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,021,315
Program Service Revenue $2,987,291
Investment Income $0
Other Revenue $2,407,705
TOTAL REVENUE $11,416,311

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $12,649,784
Other Expenses $12,730,328
TOTAL EXPENSES $12,730,328

Year-over-Year Comparison

2023 2022 Change
Revenue $11,416,311 $12,596,193 -0.1%
Expenses $12,730,328 $11,688,998 +0.1%
Net Income $-1,314,017 $907,195 -2.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
20
Independent Members
19
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
7
$9,135,601
Total Directors
20
$4,648,566
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK O'SHAUGHNESSY DO PRESIDENT & CEO 50.0
Officer Director
$0 $1,470,892 $4,648,566
CHARLES LUCORE PRESIDENT/CAO 50.0
Officer
$0 $347,907 $2,558,370
PATRICK MINICUS EVP & CFO 50.0
Officer
$0 $708,505 $1,928,665
RUTH HENNESSEY FORMER CAO 0.0
$0 $293,450 $1,387,512
SALVATORE SODANO CHAIR 2.0
Officer Director
$0 $0 $0
BRIAN MCGUIRE VICE CHAIR 2.0
Officer Director
$0 $0 $0
THOMAS CHRISTMAN SECRETARY 2.0
Officer Director
$0 $0 $0
ROBERT ZUCCARO TREASURER 2.0
Officer Director
$0 $0 $0
REV JOHN MCCARTNEY TRUSTEE 2.0
Director
$0 $0 $0
WILLIAM WARD TRUSTEE 2.0
Director
$0 $0 $0
PETER QUICK TRUSTEE 2.0
Director
$0 $0 $0
DEBRA DEL VECCHIO TRUSTEE 2.0
Director
$0 $0 $0
REGINA PISCAZZI TRUSTEE 2.0
Director
$0 $0 $0
JOHN ROMANELLI MD TRUSTEE 2.0
Director
$0 $0 $0
ANDREW ZUCARO TRUSTEE 2.0
Director
$0 $0 $0
JERRY BALENTINE DO TRUSTEE (AS OF 01/23) 2.0
Director
$0 $0 $0
PETER DAGHER TRUSTEE (AS OF 09/23) 2.0
Director
$0 $0 $0
REV LEE DESCOTEAUX TRUSTEE (AS OF 01/23) 2.0
Director
$0 $0 $0
HON VITO DESTEFANO TRUSTEE (AS OF 06/23) 2.0
Director
$0 $0 $0
RE JASON GRISAFI TRUSTEE (AS OF 01/23) 2.0
Director
$0 $0 $0
JOSEPH MATTONE ESQ TRUSTEE (AS OF 03/23) 2.0
Director
$0 $0 $0
SUSAN O'HARA RN TRUSTEE (AS OF 03/23) 2.0
Director
$0 $0 $0
RONALD SHINDEL TRUSTEE (AS OF 03/23) 2.0
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 $11,416,311 $12,730,328 $18,404,618 $-1,314,017
2022 $12,596,193 $11,688,998 $15,584,175 $907,195
2021 $11,591,469 $9,796,033 $15,299,594 $1,795,436
2020 $6,062,261 $9,094,576 $9,987,779 $-3,032,315
2019 $9,630,555 $9,287,669 $12,233,302 $342,886
2018 $9,394,331 $9,139,061 $11,965,161 $255,270
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ST FRANCIS RESEARCH & EDUCATIONAL CORPORATION INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.