ECMC FOUNDATION INC (EIN 223283946) - 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

1993

Legal Domicile

Principal Officer

SUSAN M GONZALEZ

Phone

7168985800

Tax Period

2023-01-01 to 2023-12-31

ECMC FOUNDATION INC, founded in 1993, is a community nonprofit in the Health Care sector that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 45% operating margin.

Mission

2023 WAS A YEAR FOR ECMC THAT MARKED GROWTH IN SERVICES, IMPROVEMENT IN QUALITY, SUCCESS WITH ACCREDITATION, EFFORTS TO SUPPORT OUR CARING AND INCLUSIVE CULTURE, AND OPERATIONAL IMPROVEMENTS FROM THE LINGERING EFFECTS OF THE COVID-19 PANDEMIC. IN ALMOST EVERY MEASURABLE CATEGORY, INCREASES DEMONSTRATED A SUSTAINABLE POSITIVE TREND IN PATIENT VOLUMES. POSITIVE OPERATIONS GROWTH WAS REFLECTED IN OUR OUTPATIENT SERVICES (8.2%), EMERGENCY DEPARTMENT VISITS (7.9%) AND GENERAL SURGERIES (6.7%). AND TOTAL ACUTE AVERAGE LENGTH OF STAY DROPPED BY 12.1%, WHICH IS VERY BENEFICIAL TO OUR PATIENTS AND OVERALL HOSPITAL OPERATIONS. WHILE THESE INCREASES HAVE NOT MITIGATED OUR FINANCIAL CHALLENGES, THEY ARE HELPING US SIGNIFICANTLY AS WE, LIKE ALL HOSPITALS ACROSS NEW YORK, RECOVER FROM THE EFFECTS OF RESPONDING TO THE COVID PANDEMIC. WE OFTEN SPEAK ABOUT ECMC'S UNIQUE CULTURE AND THE DEDICATION AND RESILIENCE OF OUR CAREGIVERS. THEY ARE THE CORNERSTONE OF OUR INSTITUTION. THEIR ACCOMPLISHMENTS AND NA

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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 $3,307,214

Program Service Revenue $19,750

Investment Income $63,132

Other Revenue $0

TOTAL REVENUE $3,390,096

Expense Breakdown

Grants Paid $945,834

Salaries & Benefits $584,584

Fundraising Expenses $257,162

Program Expenses $1,142,617

Other Expenses $336,658

TOTAL EXPENSES $1,867,076

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,390,096	$2,318,925	+0.5%
Expenses	$1,867,076	$1,630,955	+0.1%
Net Income	$1,523,020	$687,970	+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

Volunteers

250

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

$430,931

Total Directors

$337,792

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN M GONZALEZ	EXECUTIVE DI	40.00	Officer	$205,428	$27,854	$233,282
ANGELA VACANTI	SECRETARY	1.00	Officer Director	$0	$45,064	$197,649
GARNEY DAVIS JR	DIRECTOR	1.00	Director	$0	$33,542	$140,143
DANIEL M BOSCARINO	DIRECTOR	1.00	Director	$0	$0	$0
TODD W BRASON	DIRECTOR	3.00	Director	$0	$0	$0
SHAWN P CONNOLLY	TREASURER	3.00	Officer Director	$0	$0	$0
JONATHAN A DANDES	PAST CHAIRMA	3.00	Officer Director	$0	$0	$0
ELIZABETH DEMAKOS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES F DENTINGER	VICE CHAIR	3.00	Officer Director	$0	$0	$0
BRADLEY T DERRICK	DIRECTOR	1.00	Director	$0	$0	$0
DAVID R DIMATTEO	DIRECTOR	1.00	Director	$0	$0	$0
LISA FRIEDMAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL E HOFFERT	DIRECTOR	1.00	Director	$0	$0	$0
PENNY J HUDDLESTON	DIRECTOR	1.00	Director	$0	$0	$0
MARK J JERGE	TREASURER	3.00	Officer Director	$0	$0	$0
AJ BAYNES JR	DIRECTOR	1.00	Director	$0	$0	$0
JUDY JACK LEWIS	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL R MILITELLO	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN M MURRAY	DIRECTOR	N/A	Director	$0	$0	$0
MARCY NEWMAN	VICE CHAIR	N/A	Director	$0	$0	$0
JAMES J O'NEILL	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM A PALADINO	VICE CHAIR	N/A	Officer Director	$0	$0	$0
CARLA TODARO PANTANO	DIRECTOR	N/A	Director	$0	$0	$0
RONALD A RACCUIA	CHAIR	N/A	Officer Director	$0	$0	$0
MICHAEL J SAMMARCO	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL A SEAMAN	DIRECTOR	N/A	Director	$0	$0	$0
STEPHEN A TRIPI	DIRECTOR	N/A	Director	$0	$0	$0
MARK WACHOWIAK	DIRECTOR	N/A	Director	$0	$0	$0
JEFFERY P WARE	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$3,390,096	$1,867,076	$7,577,834	$1,523,020
2022	$2,318,925	$1,630,955	$7,708,916	$687,970
2021	$2,559,428	$2,027,401	$9,451,111	$532,027
2020	$4,451,234	$8,287,301	$10,392,574	$-3,836,067
2019	$5,063,551	$8,780,933	$13,441,438	$-3,717,382
2018	$4,907,540	$3,390,338	$12,696,349	$1,517,202

ECMC FOUNDATION INC