NORTHERN METROPOLITAN FOUNDATION FOR HEALTH CARE INC (EIN 113354023) - 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

1986

Legal Domicile

Phone

8453569880

Tax Period

2023-01-01 to 2023-12-31

NORTHERN METROPOLITAN FOUNDATION FOR HEALTH CARE INC, founded in 1986, is a community nonprofit in the Health Care sector that reported $1.8M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $4.8M represent 31 months of operating reserves.

Mission

TO BENEFIT, PROMOTE, AND SUPPORT QUALIFYING RELIGIOUS CHARITABLE AND EDUCATIONAL ACTIVITES.

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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 $0

Program Service Revenue $1,674,816

Investment Income $136,308

Other Revenue $36,036

TOTAL REVENUE $1,847,160

Expense Breakdown

Grants Paid $11,040

Salaries & Benefits $1,631,438

Fundraising Expenses $0

Program Expenses $11,040

Other Expenses $229,352

TOTAL EXPENSES $1,871,830

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,847,160	$1,609,343	+0.1%
Expenses	$1,871,830	$1,612,126	+0.2%
Net Income	$-24,670	$-2,783	+7.9%

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

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

$1,181,552

Total Directors

$44,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEDALIA KLEIN	Executive Dir.	28.00	Officer	$604,468	$187,982	$792,450
RAFAEL KLEIN	REGIONAL DIRECTOR	17.50		$173,115	$29,260	$382,250
MICHAEL NOWICKI	COMPLIANCE OFF	28.00	Officer	$328,102	$53,000	$381,102
LEON STEINMETZ	BOARD MEMBER	0.30	Director	$4,750	$0	$4,750
MELVIN WEISS	BOARD MEMBER	0.30	Director	$4,750	$0	$4,750
WILLIAM CONROY	BOARD MEMBER	0.30	Director	$4,750	$0	$4,750
RABBI SIMON LAUBER	SECRETARY	0.30	Officer Director	$4,000	$0	$4,000
HINDI H GINSBERG	BOARD MEMBER	0.30	Director	$4,000	$0	$4,000
ISRAEL ORZEL	BOARD MEMBER	0.30	Director	$4,000	$0	$4,000
JACOB TAUBER	CHAIRMAN	0.30	Officer Director	$4,000	$0	$4,000
MARIAN ROKEACH	BOARD MEMBER	0.30	Director	$4,000	$0	$4,000
CHARLES F KENNY ESQ	BOARD MEMBER	0.30	Director	$3,750	$0	$3,750
FRED LEVINE	BOARD MEMBER	0.30	Director	$3,000	$0	$3,000
RABBI HERSHEL HAGER	BOARD MEMBER	0.30	Director	$2,000	$0	$2,000
LEVI APPEL	BOARD MEMBER	0.30	Director	$1,000	$0	$1,000
ABRAHAM ZACHARIASH	BOARD MEMBER	0.30	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	$1,847,160	$1,871,830	$18,761,548	$-24,670
2022	$1,609,343	$1,612,126	$16,885,908	$-2,783
2021	$1,240,971	$1,240,971	$15,817,100	No data
2020	$1,758,293	$1,758,293	$16,094,800	No data
2019	$3,738,649	$3,738,649	$15,413,955	No data
2018	$4,846,532	$4,603,348	$13,747,004	$243,184

NORTHERN METROPOLITAN FOUNDATION FOR HEALTH CARE INC