Park Slope Hematology & Oncology PC

EIN: 113564621 501(c)(3) Health Care

Brooklyn, NY

Total Revenue
$734,982
Total Expenses
$1,072,779
Total Assets
$202,771
Net Assets
$-9,679,474
🔒

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
2000
Legal Domicile
NY
Principal Officer
STEPHEN PETERSON MD
Phone
2122975412
Tax Period
2019-01-01 to 2019-12-31

Park Slope Hematology & Oncology PC, founded in 2000, is a small nonprofit in the Health Care sector that reported $735K in total revenue in fiscal year 2019. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 46% operating deficit.

Mission

TO PROVIDE EXCELLENT HEMATOLOGY AND ONCOLOGY HEALTH CARE SERVICES TO PATIENTS WITHOUT REGARD TO AGE, SEX, RACE, CREED, NATIONAL ORIGIN OR DISABILITY.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $665,602
Investment Income $0
Other Revenue $69,380
TOTAL REVENUE $734,982

Expense Breakdown

Grants Paid $34,713
Salaries & Benefits $754,682
Fundraising Expenses $0
Program Expenses $674,001
Other Expenses $283,384
TOTAL EXPENSES $1,072,779

Year-over-Year Comparison

2019 2018 Change
Revenue $734,982 $3,223,700 -0.8%
Expenses $1,072,779 $7,601,301 -0.9%
Net Income $-337,797 $-4,377,601 -0.9%
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
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
$746,915
Total Directors
1
$746,915
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HANI ASHAMALLA ATTENDING PHYSICIAN 5.0
Highest
$0 $49,993 $1,266,432
STEPHEN PETERSON PRESIDENT 1.0
Officer Director
$0 $41,272 $746,915
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
2019 $734,982 $1,072,779 $202,771 $-337,797
2018 $3,223,700 $7,601,301 $696,473 $-4,377,601
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Park Slope Hematology & Oncology PC 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.