MEDICAL STAFF OF HOLLYWOOD PRESBYTERIAN MEDICAL CENTER

EIN: 237238795 Health Care

LOS ANGELES, CA

Total Revenue
$337,111
Total Expenses
$167,124
Total Assets
$1,117,340
Net Assets
$1,117,340
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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
1973
Principal Officer
MYUNGHAE CHOI
Phone
3239134831
Tax Period
2023-11-01 to 2024-10-31

MEDICAL STAFF OF HOLLYWOOD PRESBYTERIAN MEDICAL CENTER, founded in 1973, is a small nonprofit in the Health Care sector that reported $337K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $170K, a strong 50% operating margin.

Mission

THE MEDICAL STAFF OF HOLLYWOOD PRESBYTERIAN MEDICAL CENTER'S MISSION IS TOMAINTAIN THE INTEGRITY OF MEDICAL STAFF.

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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 $337,111
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $337,111

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $73,896
TOTAL EXPENSES $167,124

Year-over-Year Comparison

2023 2022 Change
Revenue $337,111 $255,448 +0.3%
Expenses $167,124 $193,672 -0.1%
Net Income $169,987 $61,776 +1.8%
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

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Governance

Voting Members
15
Independent Members
3
Employees
N/A
Volunteers
15

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
2
$32,500
Total Directors
18
$31,173
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MYUNGHAE CHOI MD President 1.00
Officer
$30,000 $0 $30,000
Scott SasseMD MEMBER 1.00
Director
$2,600 $0 $2,600
Alexandra Marmureanu MD MEMBER 1.00
Director
$2,550 $0 $2,550
Sang Choi MD Treasurer 1.00
Officer
$2,500 $0 $2,500
Arus ZograbyanMD MEMBER 1.00
Director
$2,400 $0 $2,400
Robert RuelazMD MEMBER 1.00
Director
$2,400 $0 $2,400
Farough KerendiMD MEMBER 1.00
Director
$2,373 $0 $2,373
Carlos CosenzaMD MEMBER 1.00
Director
$2,100 $0 $2,100
Joseph NussbaumMD MEMBER 1.00
Director
$2,100 $0 $2,100
Lilian SababaMD MEMBER 1.00
Director
$2,100 $0 $2,100
Peter H LeeMD MEMBER 1.00
Director
$1,900 $0 $1,900
Horacio LopezMD MEMBER 1.00
Director
$1,600 $0 $1,600
Dallas CottamMD MEMBER 1.00
Director
$1,500 $0 $1,500
David KimMD MEMBER 1.00
Director
$1,500 $0 $1,500
Joseph EshaghianMD MEMBER 1.00
Director
$1,500 $0 $1,500
Helen KangMD MEMBER 1.00
Director
$1,400 $0 $1,400
Dong W MunMD MEMBER 1.00
Director
$1,200 $0 $1,200
MICHAEL MYNATTMD MEMBER 1.00
Director
$1,200 $0 $1,200
Arash Alborzi MD MEMBER 1.00
Director
$550 $0 $550
Shobhana GandhiMD MEMBER 1.00
Director
$200 $0 $200
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 $337,111 $167,124 $1,117,340 $169,987
2023 $255,448 $193,672 $950,138 $61,776
2022 $393,970 $189,895 $888,362 $204,075
2021 $201,560 $165,923 $684,287 $35,637
2020 $286,467 $176,943 $648,650 $109,524
2019 $346,930 $214,021 $539,126 $132,909
2018 $236,766 $189,947 $406,217 $46,819
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