AIZER HEALTH INC (EIN 133595755) - 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

1996

Legal Domicile

Principal Officer

JOEL MITTELMAN

Phone

8457823242

Tax Period

2024-01-01 to 2024-12-31

AIZER HEALTH INC, founded in 1996, is a mid-sized nonprofit in the Human Services sector that reported $53.2M in total revenue in fiscal year 2024.

Mission

A FREESTANDING DIAGNOSTIC AND TREATMENT CENTER LICENSED UNDER ARTICLE 28 OF THE NEW YORK STATE PUBLIC HEALTH LAW. THE CENTER PROVIDES A BROAD RANGE OF HEALTH SERVICES TO A LARGELY MEDICALLY UNDERSERVED POPULATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,884,476

Program Service Revenue $46,621,601

Investment Income $10,291

Other Revenue $636,923

TOTAL REVENUE $53,153,291

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,082,154

Fundraising Expenses $0

Program Expenses $44,087,842

Other Expenses $15,604,031

TOTAL EXPENSES $53,686,185

Year-over-Year Comparison

	2024	2023	Change
Revenue	$53,153,291	$49,456,607	+0.1%
Expenses	$53,686,185	$50,165,286	+0.1%
Net Income	$-532,894	$-708,679	-0.2%

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

400

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

$1,469,205

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABRAHAM WEIDER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
CHAIM NUCHEM WERTZBERGER	SECRETARY	1.00	Officer Director	$0	$0	$0
ESTHER RUBINSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
ESTHER SRUGO	BOARD MEMBER	1.00	Director	$0	$0	$0
ISRAEL SOFER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTIN SCHLESINGER	TREASURER	1.00	Officer Director	$0	$0	$0
MOSES GOLDSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
NOAMI RUTH WEISZ	BOARD MEMBER	1.00	Director	$0	$0	$0
NUSEN WEINSTOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
PINCHUS KISH	BOARD MEMBER	1.00	Director	$0	$0	$0
RONALD J COHEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOEL MITTELMAN	EXCUTIVE DIRECTOR	40.00	Officer	$787,127	$103,551	$890,678
TAMAR SKAIST	DEPUTY EXECUTIVE DIRECTOR	40.00	Officer	$356,523	$7,139	$363,662
CHAYA HALBERSTAM	CFO	23.00	Officer	$207,726	$7,139	$214,865
ADAM TILSON	DIRECTOR INTERNAL MEDICINE/PHYSICIAN ASSISTANT	40.00	Highest	$473,651	$7,139	$480,790
LAZAR KHAIMOV	PEDIATRICIAN	40.00	Highest	$498,819	$12,605	$511,424
CHESKAL JACOBAWITZ	DIR. SPEECH LANGUAGE PATHOLOGY/SPEECH THERAPIST	60.00	Highest	$506,529	$7,139	$513,668
JOSHUA GILDIN	DIR. ACUTE CARE/EMERGENCY PHYSICIAN	40.00	Highest	$715,751	$12,605	$728,356
ADAM POLINGER	DIRECTOR PEDIATRICS/PEDIATRICIAN	40.00	Highest	$846,478	$11,004	$857,482

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	$53,153,291	$53,686,185	$55,003,729	$-532,894
2023	$49,456,607	$50,165,286	$58,081,766	$-708,679
2022	$49,259,844	$44,732,191	$57,591,590	$4,527,653
2021	$45,592,726	$40,846,857	$23,435,027	$4,745,869
2020	$39,733,167	$38,476,332	$18,646,781	$1,256,835
2019	$36,685,355	$34,926,216	$17,816,960	$1,759,139
2018	$35,859,450	$31,452,562	$16,536,725	$4,406,888

AIZER HEALTH INC