NATIONAL HEALTHPLEX INC C/O THE REGENCY AT GLEN COVE (EIN 251608655) - 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

1994

Legal Domicile

Principal Officer

NORMAN B GOLD

Phone

5166743007

Tax Period

2024-07-01 to 2025-06-30

NATIONAL HEALTHPLEX INC C/O THE REGENCY AT GLEN COVE, founded in 1994, is a mid-sized nonprofit in the Human Services sector that reported $13.2M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $14.8M exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDE ASSISTED LIVING FOR PERSONS 62 YEARS AND OLDER WHO REQUIRE ASSISTANCE WITH THE ACTIVITIES OF DAILY LIVING AND OTHER TYPES OF SPECIAL HABITATION CARE. CURRENTLY SERVING OVER 120 INDIVIDUALS IN GLEN COVE, NEW YORK.

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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 $0

Program Service Revenue $13,236,363

Investment Income $2,803

Other Revenue $0

TOTAL REVENUE $13,239,166

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,409,888

Fundraising Expenses $0

Program Expenses $14,054,178

Other Expenses $10,379,220

TOTAL EXPENSES $14,789,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,239,166	$11,441,161	+0.2%
Expenses	$14,789,108	$14,099,403	+0.0%
Net Income	$-1,549,942	$-2,658,242	-0.4%

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

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

$166,922

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORMAN B GOLD	PRESIDENT	5.00	Officer Director	$0	$0	$0
JASON B GOLD	SECRETARY	5.00	Officer	$0	$0	$0
LAUREN A SHEINIS	VICE PRESIDE	5.00	Officer	$0	$0	$0
JEFFREY GREENBERG	TREASURER	5.00	Officer	$0	$0	$0
SHERYL GOLD	DIRECTOR	5.00	Director	$0	$0	$0
THOMAS FUNKHOUSER	DIRECTOR	5.00	Director	$0	$0	$0
KIM HUNT	DIRECTOR	5.00	Director	$0	$0	$0
STELLA SHANK	ADMINISTRATO	40.00	Key Emp	$166,922	$0	$166,922

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	$13,239,166	$14,789,108	$31,813,360	$-1,549,942
2024	$11,441,161	$14,099,403	$31,200,939	$-2,658,242
2023	$9,622,241	$13,365,181	$31,168,074	$-3,742,940
2022	$6,408,419	$12,001,462	$31,822,532	$-5,593,043
2021	$5,655,245	$11,461,346	$34,928,540	$-5,806,101
2020	$6,625,285	$11,364,988	$35,244,773	$-4,739,703
2019	$6,634,263	$9,421,383	$37,000,020	$-2,787,120
2018	$6,649,165	$9,125,273	$29,528,088	$-2,476,108

NATIONAL HEALTHPLEX INC C/O THE REGENCY AT GLEN COVE