LAWRENCE MEDICAL ASSOCIATES PC (EIN 264076297) - 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

2009

Legal Domicile

Phone

9147871000

Tax Period

2023-01-01 to 2023-12-31

LAWRENCE MEDICAL ASSOCIATES PC, founded in 2009, is a mid-sized nonprofit in the Health Care sector that reported $96.9M in total revenue in fiscal year 2023.

Mission

LAWRENCE MEDICAL ASSOCIATES DBA NYP MEDICAL GROUP/WESTCHESTER'S MISSION IS TO FURTHER NY PRESBYTERIAN HOSPITAL'S CHARITABLE PURPOSE OF PROMOTING HEALTH IN THE COMMUNITY.

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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 $47,172,647

Program Service Revenue $45,760,384

Investment Income $904,940

Other Revenue $3,105,395

TOTAL REVENUE $96,943,366

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,855,909

Fundraising Expenses $0

Program Expenses $85,134,106

Other Expenses $50,087,457

TOTAL EXPENSES $96,943,366

Year-over-Year Comparison

	2023	2022	Change
Revenue	$96,943,366	$91,229,737	+0.1%
Expenses	$96,943,366	$91,229,737	+0.1%
Net Income	$0	$0	N/A

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

327

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

$1,270,897

Total Directors

$1,270,897

Key Employees

$677,830

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	DIRECTOR/PRESIDENT	5.0	Officer Director	$0	$79,427	$1,270,897
N/A	VP REGIONAL EXE. MEDICAL DIR.	30.0	Key Emp	$0	$45,205	$677,830
N/A	ATTENDING PHYSICIAN	40.0	Highest	$733,878	$68,989	$802,867
N/A	ATTENDING PHYSICIAN	40.0	Highest	$525,566	$42,920	$568,486
N/A	ATTENDING PHYSICIAN	40.0	Highest	$612,735	$71,238	$683,973
N/A	MEDICAL DIRECTOR	40.0	Highest	$523,157	$73,196	$596,353
N/A	ATTENDING PHYSICIAN	40.0	Highest	$561,451	$69,530	$630,981
N/A	FORMER OFFICER	16.0		$0	$34,508	$322,607

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	$96,943,366	$96,943,366	$70,930,573	No data
2022	$91,229,737	$91,229,737	$55,266,054	No data
2021	$93,174,617	$93,174,617	$43,959,801	No data
2020	$104,171,716	$104,171,716	$36,577,177	No data
2019	$92,804,612	$92,804,612	$34,357,410	No data
2018	$79,391,363	$79,391,783	$13,234,793	$-420

LAWRENCE MEDICAL ASSOCIATES PC