PARK SLOPE PHYSICIAN SERVICES PC

EIN: 113231685 501(c)(3) Health Care

BROOKLYN, NY

Total Revenue
$4,392
Total Expenses
$4,644
Total Assets
$324,093
Net Assets
$270,263
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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
1994
Legal Domicile
NY
Phone
2122975412
Tax Period
2021-01-01 to 2021-12-31

PARK SLOPE PHYSICIAN SERVICES PC, founded in 1994, is a micro nonprofit in the Health Care sector that reported $4K in total revenue in fiscal year 2021. Revenue fell 97% from the prior year — a significant decline worth monitoring. Net assets of $270K represent 738 months of operating reserves.

Mission

PROVIDED EXCELLENT PRIMARY CARE AND SURGERY HEALTH CARE SERVICES TO PATIENTS WITHOUT REGARD TO AGE, SEX, RACE, CREED, NATIONAL ORIGIN OR DISABILITY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $4,392
TOTAL REVENUE $4,392

Expense Breakdown

Grants Paid $80
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $80
Other Expenses $4,564
TOTAL EXPENSES $4,644

Year-over-Year Comparison

2021 2020 Change
Revenue $4,392 $136,604 -1.0%
Expenses $4,644 $24,098 -0.8%
Net Income $-252 $112,506 -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

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Governance

Voting Members
1
Independent Members
N/A
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
1
$815,259
Total Directors
1
$815,259
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT 1.0
Officer Director
$0 $94,223 $815,259
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
2021 $4,392 $4,644 $324,093 $-252
2020 $136,604 $24,098 $2,265,209 $112,506
2019 $389,477 $1,629,797 $11,924,766 $-1,240,320
2018 $2,417,584 $9,718,790 $13,229,318 $-7,301,206
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