FHMC INC

EIN: 133809029 501(c)(3) Employment

NEW YORK, NY

Total Revenue
$2,495,268
Total Expenses
$465,667
Total Assets
$55,494,883
Net Assets
$51,934,522
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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
1995
Legal Domicile
DE
Principal Officer
JACOB BARAK PHD
Phone
2128895500
Tax Period
2023-07-01 to 2024-06-30

FHMC INC, founded in 1995, is a community nonprofit in the Employment sector that reported $2.5M in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.0M, a strong 81% operating margin.

Mission

FHMC, INC., IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS NOW IN EFFECT OR AS MAY HEREAFTER BE AMENDED (THE "CODE"). THE SPECIFIC PURPOSES FOR WHICH FHMC, INC., IS ORGANIZED AND SHALL BE OPERATED ARE PROVIDING FINANCIAL; TECHNICAL; REAL ESTATE HOLDING, LEASING, OPERATION AND DEVELOPMENT; MANAGEMENT; ADMINISTRATIVE; AND SIMILAR SUPPORT AND ASSISTANCE IN RESPECT OF ACTIVITIES AND INITIATIVES DIRECTED BY ITS SOLE MEMBER, POSTGRADUATE CENTER FOR MENTAL HEALTH.

Program Service Accomplishments

Program 1
Expenses: $447,293 Revenue: $0

FHMC, INC., IS ORGANIZED AND OPERATES TO PROVIDE FINANCIAL; TECHNICAL; REAL ESTATE HOLDING, LEASING, OPERATION AND DEVELOPMENT; MANAGEMENT; ADMINISTRATIVE; AND SIMILAR SUPPORT AND ASSISTANCE IN...

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FHMC, INC., IS ORGANIZED AND OPERATES TO PROVIDE FINANCIAL; TECHNICAL; REAL ESTATE HOLDING, LEASING, OPERATION AND DEVELOPMENT; MANAGEMENT; ADMINISTRATIVE; AND SIMILAR SUPPORT AND ASSISTANCE IN RESPECT OF ACTIVITIES AND INITIATIVES DIRECTED BY ITS SOLE MEMBER, POSTGRADUATE CENTER FOR MENTAL HEALTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2,480,486
Other Revenue $14,782
TOTAL REVENUE $2,495,268

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $447,293
Other Expenses $465,667
TOTAL EXPENSES $465,667

Year-over-Year Comparison

2023 2022 Change
Revenue $2,495,268 $4,989,427 -0.5%
Expenses $465,667 $456,881 +0.0%
Net Income $2,029,601 $4,532,546 -0.6%
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
4
Independent Members
1
Employees
N/A
Volunteers
1

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
4
$1,407,859
Total Directors
4
$1,407,859
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACOB BARAK PHD PRESIDENT CEO OF PCMH, FHMC, & CHC 9.00
Officer Director
$0 $194,480 $996,623
EDAWNE MCINTOSH SECRETARY & TREASURER 1.00
Officer Director
$0 $23,900 $130,427
ALAN HARRY POLLAK CHAIRMAN 1.00
Officer Director
$0 $0 $0
DALER AMONOV CFO OF PCMH AND VP FHMC 1.00
Officer Director
$0 $57,297 $280,809
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
2025 No data No data No data No data
2024 $2,495,268 $465,667 $55,494,883 $2,029,601
2023 $4,989,427 $456,881 $54,777,000 $4,532,546
2022 $1,870,332 $336,335 $45,899,661 $1,533,997
2021 $824,321 $300,523 $45,962,885 $523,798
2020 $6,279,568 $327,746 $44,615,481 $5,951,822
2019 $2,132,909 $632,653 $37,736,752 $1,500,256
2018 $3,291,850 $515,850 $35,832,038 $2,776,000
2018 $3,291,850 $515,850 $35,832,038 $2,776,000
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