NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GREATER NEW YORK HOSPITAL FOUNDATION INC, founded in 1978, is a small nonprofit in the Health Care sector that reported $368K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $621K exceeded revenue, resulting in a 69% operating deficit.
THE FOUNDATION'S MISSION IS TO IDENTIFY AND IMPLEMENT INNOVATIVE SOLUTIONS TO CHALLENGES FACING THE HEALTH CARE SYSTEM IN ORDER TO INCREASE ACCESS AND PROMOTE THE DELIVERY OF QUALITY HEALTH CARE FOR THE UNDERSERVED. FOR MORE INFORMATION, SEE SCHEDULE O.
SOCIAL CARE FOR ALL NEEDS MEDICAL EDUCATION ACADEMY (SCAN ME): THIS TWO-YEAR PROJECT AIMS TO ENGAGE MEDICAL STUDENTS AND RESIDENTS IN THE SOCIAL CARE NEEDS OF NEW YORK'S LOW-INCOME COMMUNITIES...
SOCIAL CARE FOR ALL NEEDS MEDICAL EDUCATION ACADEMY (SCAN ME): THIS TWO-YEAR PROJECT AIMS TO ENGAGE MEDICAL STUDENTS AND RESIDENTS IN THE SOCIAL CARE NEEDS OF NEW YORK'S LOW-INCOME COMMUNITIES THROUGH THE DEVELOPMENT AND IMPLEMENTATION OF A SET OF VIRTUAL LEARNING MODULES.
EMERGENCY PREPAREDNESS FOR NURSING FACILITIES (EMERGENCY PREPAREDNESS): THIS PROJECT'S GOAL IS TO CONDUCT OUTREACH TO ALL NYC-BASED NURSING FACILITIES AND SUPPORT THEIR EMERGENCY PREPAREDNESS...
EMERGENCY PREPAREDNESS FOR NURSING FACILITIES (EMERGENCY PREPAREDNESS): THIS PROJECT'S GOAL IS TO CONDUCT OUTREACH TO ALL NYC-BASED NURSING FACILITIES AND SUPPORT THEIR EMERGENCY PREPAREDNESS CAPABILITIES, INCLUDING COMMUNICATIONS AND SITUATIONAL AWARENESS, HEALTHCARE COALITION DEVELOPMENT, STAFFING NEEDS, EDUCATION, AND TRAINING.
BUILDING AN INFRASTRUCTURE TO SUSTAIN QUALITY IMPROVEMENT INITIATIVE (QII): THIS INITIATIVE AIMS TO STRENGTHEN QUALITY IMPROVEMENT EDUCATION AND TRAINING FOR PHYSICIANS, NURSES, AND PHYSICIAN...
BUILDING AN INFRASTRUCTURE TO SUSTAIN QUALITY IMPROVEMENT INITIATIVE (QII): THIS INITIATIVE AIMS TO STRENGTHEN QUALITY IMPROVEMENT EDUCATION AND TRAINING FOR PHYSICIANS, NURSES, AND PHYSICIAN ASSISTANTS AND TO SUPPORT HOSPITALS IN IMPROVING PATIENT ACCESS TO AMBULATORY SPECIALTY CARE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $367,591 | $1,382,455 | -0.7% |
| Expenses | $621,323 | $974,850 | -0.4% |
| Net Income | $-253,732 | $407,605 | -1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PHILIP OZUAH | TREASURER (THRU 5/23); CHAIR | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICK M O'SHAUGHNESSY | SECRETARY (THRU 5/23); VICE CHAIR | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| MITCHELL KATZ | VICE CHAIR HEALTH & HOSPITALS | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY I FARBER | VICE CHAIR LONG TERM CARE | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| DONALD BOYD | ASST TREAS (THRU 5/23); TREASURER | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| SELWYN M VICKERS | SECRETARY (AS OF 6/23) | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD DAVIS | ASSISTANT TREASURER (AS OF 6/23) | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID PERLSTEIN | ASSISTANT SECRETARY | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| COLLEEN M BLYE | CHAIR, AUDIT & COMPLIANCE COMMITTEE | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| KENNETH GIBBS | CHAIR (THRU 5/23); IMMED PAST CHAIR | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| LARAY BROWN | PAST CHAIR | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN CORWIN | PAST CHAIR | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT GROSSMAN | PAST CHAIR (AS OF 6/23) | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| KENNETH DAVIS | PAST CHAIR (AS OF 6/23) | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL DOWLING | PAST CHAIR (AS OF 6/23) | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| KATHRYN MARTIN | VICE CHAIR (THRU 5/23) | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| KIMBERLY BOYNTON | AT LARGE (THRU 5/23) | 0.13 |
Director
|
$0 | $0 | $0 |
| LOUIS A SHAPIRO | PAST CHAIR (THRU 5/23) | 0.13 |
Officer
Director
|
$0 | $0 | $0 |
| KENNETH E RASKE | PRESIDENT | 0.08 |
Officer
|
$0 | $105,535 | $3,181,990 |
| LEE H PERLMAN | EVP, CHIEF ADMIN/FINANCE OFFICER | 0.08 |
Officer
|
$0 | $73,824 | $3,804,294 |
| TIMOTHY JOHNSON | EXECUTIVE DIRECTOR | 4.17 |
Officer
|
$0 | $69,604 | $481,449 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $367,591 | $621,323 | $1,072,277 | $-253,732 |
| 2022 | $1,382,455 | $974,850 | $1,523,075 | $407,605 |
| 2021 | $3,076,504 | $3,343,889 | $984,240 | $-267,385 |
| 2020 | $21,110,424 | $20,793,403 | $2,004,015 | $317,021 |
| 2019 | $5,275,880 | $5,177,384 | $1,459,610 | $98,496 |
| 2018 | $6,869,380 | $8,592,176 | $1,278,151 | $-1,722,796 |
Compare GREATER NEW YORK HOSPITAL FOUNDATION INC with other nonprofits in New York and across the country.