HACKENSACK SPECIALTY CARE ASSOCIATES PC (EIN 201017013) - 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

2005

Legal Domicile

Principal Officer

JAMES CLARKE MD

Phone

9086756572

Tax Period

2023-01-01 to 2023-12-31

HACKENSACK SPECIALTY CARE ASSOCIATES PC, founded in 2005, is a micro nonprofit in the Health Care sector that reported $4K in total revenue in fiscal year 2023. The organization ran a surplus of $2K, a strong 50% operating margin.

Mission

TO SERVE AS THE PHYSICIAN SERVICES COMPONENT OF A TAX-EXEMPT HEALTHCARE DELIVERY NETWORK AND TO THEREBY PROMOTE, SUPPORT & FURTHER THE CHARITABLE PURPOSES, PROGRAMS & SERVICES OF HMH HOSPITALS CORP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $2,000

TOTAL EXPENSES $2,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,000	N/A	N/A
Expenses	$2,000	$2,000	N/A
Net Income	$2,000	$-2,000	-2.0%

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

N/A

Employees

N/A

Volunteers

N/A

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

$1,237,100

Total Directors

$1,237,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES CLARKE MD	PRESIDENT	2.50	Officer Director	$0	$44,418	$1,237,100

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	No data	No data	No data	No data
2023	$4,000	$2,000	$1,061,753	$2,000
2022	No data	$2,000	$1,228,185	No data
2021	No data	No data	$1,611,738	No data
2020	$10,854,345	$10,854,345	$3,925,204	No data
2019	$8,230,347	$8,230,347	$4,404,688	No data
2018	$7,315,031	$7,315,031	$3,978,884	No data

HACKENSACK SPECIALTY CARE ASSOCIATES PC