THE HAMPTONS HEALTH SOCIETY INC C/O DR PETER MICHALOS (EIN 200679059) - 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

2004

Legal Domicile

Principal Officer

DR PETER MICHALOS

Phone

6318835150

Tax Period

2024-02-01 to 2025-01-31

THE HAMPTONS HEALTH SOCIETY INC C/O DR PETER MICHALOS, founded in 2004, is a small nonprofit in the Health Care sector that reported $111K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

TO ACT AS A LOCAL HEALTHCARE THINK TANK AND CONTINUOUSLY EXPLORE WAYS TO IMPROVE LOCAL HEALTHCARE AND EMERGANCY SERVICES IN THE SOUTHAMPTON (NY) COMMUNITY; UTILIZING A BROAD NETWORK OF EDUCATION, HEALTH, COUNSELING AND EMERGANCY SERVICES.

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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 $110,650

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $110,650

Expense Breakdown

Grants Paid $79,606

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $90,800

Other Expenses $34,458

TOTAL EXPENSES $114,064

Year-over-Year Comparison

	2024	2023	Change
Revenue	$110,650	$173,118	-0.4%
Expenses	$114,064	$156,160	-0.3%
Net Income	$-3,414	$16,958	-1.2%

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

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
DR PETER MICHALOS	PRESIDENT	N/A	Officer Director	$0	$0	$0
DR HOWARD SKLAREK	VICE CHAIRMA	N/A	Director	$0	$0	$0
HONORABLE MICHAEL SOLOMON	SECRETARY/TR	N/A	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
2025	$110,650	$114,064	$19,274	$-3,414
2024	$173,118	$156,160	$22,688	$16,958
2023	$175,050	$213,364	$5,730	$-38,314
2022	$145,175	$100,842	$44,044	$44,333
2021	$756,242	$755,464	$5	$778

THE HAMPTONS HEALTH SOCIETY INC C/O DR PETER MICHALOS