REGIONAL MEDICAL PRACTICE PC (EIN 204848729) - 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

2006

Legal Domicile

Principal Officer

JOSEPH RONSIVALLE MD

Phone

5708885858

Tax Period

2023-01-01 to 2023-06-30

REGIONAL MEDICAL PRACTICE PC, founded in 2006, is a micro nonprofit that reported $18K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $16K, a strong 89% operating margin.

Mission

ENGAGED IN THE PRACTICE OF MEDICINE AND PROVIDED PHYSICIAN SERVICES THAT IMPROVE THE STANDARDS AND QUALITY OF HEALTHCARE AVAILABLE TO THE COMMUNITY IT SERVES.

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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 $0

Program Service Revenue $17,700

Investment Income $0

Other Revenue $0

TOTAL REVENUE $17,700

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,031

Other Expenses $2,031

TOTAL EXPENSES $2,031

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,700	$81,336	-0.8%
Expenses	$2,031	$18,457	-0.9%
Net Income	$15,669	$62,879	-0.8%

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

$852,253

Total Directors

$852,253

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH RONSIVALLE MD	DIRECTOR - PRES (EFF 4/30/23)	55.0	Officer Director	$0	$24,801	$374,294
FREDERICK BLOOM MD	Director - Pres (1/1-4/30/23)	55.0	Officer Director	$0	$23,260	$323,507
JENNIFER YARTYM	DIRECTOR - SECRETARY	55.0	Officer Director	$0	$8,732	$154,452

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
2023	$17,700	$2,031	No data	$15,669
2022	$81,336	$18,457	$1,195,480	$62,879
2021	$117,247	$50,272	$1,201,917	$66,975
2020	$3,388,520	$5,569,012	$2,154,316	$-2,180,492
2019	$13,442,610	$22,565,586	$4,293,577	$-9,122,976
2018	$13,621,410	$22,977,903	$4,508,277	$-9,356,493

REGIONAL MEDICAL PRACTICE PC