Greater Harlem Nursing Home and Re… - Form 990 Financial Data

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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

1973

Legal Domicile

Principal Officer

RODNEY ALEXANDER

Phone

2126907400

Tax Period

2019-01-01 to 2019-12-31

Greater Harlem Nursing Home and Rehabilitation Center Inc, founded in 1973, is a small nonprofit that reported $161K in total revenue in fiscal year 2019. Revenue fell 99% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $102K, a strong 63% operating margin.

Mission

GREATER HARLEM NURSING HOME AND REHABILITATION CENTER, INC EXISTED FOR THE HEALTH AND WELL-BEING OF ALL RESIDENTS OF THE HARLEM COMMUNITY. THEY WERE COMMITTED TO PROVIDING CARE TOR THE RESIDENTS PHYSICAL, EMOTIONAL, AND SPIRITUAL NEEDS WITH EQUALITY, UNDERSTANDING, COMPASSION, AND RESPECT.

Program Service Accomplishments

Program 1

Expenses: $0

PROVIDed PHYSICAL CARE INCLUDING NURSING CARE, PHYSICAL, OCCUPATIONAL, AND SPEECH THERAPY, AND DIETARY MANAGEMENT ALL TO PROMOTE REHABILITATIVE OUTCOMES. Operations ceased during 2018.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $160,656

Other Revenue $0

TOTAL REVENUE $160,656

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $59,082

TOTAL EXPENSES $59,082

Year-over-Year Comparison

	2019	2018	Change
Revenue	$160,656	$25,102,993	-1.0%
Expenses	$59,082	$13,095,123	-1.0%
Net Income	$101,574	$12,007,870	-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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rodney Alexander	President	1.0	Officer Director	$0	$0	$0
Carolyn Bowman	Secretary	1.0	Officer Director	$0	$0	$0
Wayne A Benjamin	Director	1.0	Director	$0	$0	$0
Joseph L Searles	Director	1.0	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
2019	$160,656	$59,082	$9,261,140	$101,574
2018	$25,102,993	$13,095,123	$9,100,484	$12,007,870

Greater Harlem Nursing Home and Rehabilitation Center Inc