PARK SLOPE MEDICINE PC

EIN: 113362663 501(c)(3) Health Care

BROOKLYN, NY

Total Revenue
$693
Total Expenses
$5,361
Total Assets
$852,705
Net Assets
$-77,096
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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
1997
Legal Domicile
NY
Phone
2122975412
Tax Period
2021-01-01 to 2021-12-31

PARK SLOPE MEDICINE PC, founded in 1997, is a micro nonprofit in the Health Care sector that reported $693 in total revenue in fiscal year 2021. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $5K exceeded revenue, resulting in a 674% operating deficit.

Mission

PROVIDED EXCELLENT INTERNAL MEDICINE, PHYSICAL THERAPY AND NEUROLOGY HEALTH CARE SERVICES TO PATIENTS WITHOUT REGARD TO AGE, SEX, RACE, CREED, NATIONAL ORIGIN OR DISABILITY.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

PROVIDED EXCELLENT INTERNAL MEDICINE HEALTH CARE SERVICES TO PATIENTS WITHOUT REGARD TO AGE, SEX, RACE, CREED, NATIONAL ORIGIN OR DISABILITY. THE ORGANIZATION CEASED OPERATIONS IN JANUARY 2019.

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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 $693
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $693

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $5,361
TOTAL EXPENSES $5,361

Year-over-Year Comparison

2021 2020 Change
Revenue $693 $1,017,987 -1.0%
Expenses $5,361 $85,775 -0.9%
Net Income $-4,668 $932,212 -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
$217,857
Total Directors
1
$217,857
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 $18,985 $217,857
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 $693 $5,361 $852,705 $-4,668
2020 $1,017,987 $85,775 $2,066,704 $932,212
2019 $1,254,474 $1,119,717 $5,986,624 $134,757
2018 $48,861,954 $57,259,019 $12,154,748 $-8,397,065
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