ACADEMY OF MEDICAL & PUBLIC HEALTH SERVICES INC DBA RaisingHealth Partners

EIN: 272206293 501(c)(3) Public Safety

Brooklyn, NY

Total Revenue
$2,656,398
Total Expenses
$1,600,927
Total Assets
$3,311,196
Net Assets
$3,257,879
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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
2010
Legal Domicile
DE
Principal Officer
hewett chiu
Phone
2122569036
Tax Period
2024-01-01 to 2024-12-31

ACADEMY OF MEDICAL & PUBLIC HEALTH SERVICES INC DBA RaisingHealth Partners, founded in 2010, is a community nonprofit in the Public Safety sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 40% operating margin.

Mission

ACADEMY OF MEDICAL & PUBLIC HEALTH SERVICES IS A NOT-FOR-PROFIT HEALTH SERVICE ORGANIZATION WITH A TRIPLE AIM TO IDENTIFY BARRIERS TO HEALTH AND WELLNESS IN UNDERSERVED IMMIGRANT COMMUNITIES; COORDINATE TRULY NEEDED PRIMARY CARE WITH SOCIAL ASSISTANCE; AND DELIVER CARE WITH DIGNITY AND EMPATHY TO MARGINALIZED NEW YORKERS THROUGH ITS COMMUNTIY PUBLIC HEALTH INTERVENTIONS, AMPHS LENDS TO EMPOWERMENT OF INDIVIDUALS AND COMMUNITIES TO CREATE THEIR OWN LOCAL AND CULTURALLY-SENSITIVE HEALTH AND WELLNESS PARADIGMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $833,738
Program Service Revenue $1,822,660
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,656,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,195,220
Fundraising Expenses $63,736
Program Expenses $1,133,332
Other Expenses $405,707
TOTAL EXPENSES $1,600,927

Year-over-Year Comparison

2024 2023 Change
Revenue $2,656,398 $1,591,088 +0.7%
Expenses $1,600,927 $1,313,587 +0.2%
Net Income $1,055,471 $277,501 +2.8%
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
4
Independent Members
5
Employees
23
Volunteers
25

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEWETT CHIU President & CEO 40.00
Officer Director
$0 $0 $0
MON YUCK YU BOARD MEMBER 5.00
Director
$0 $0 $0
IRA A SALOM Treasurer 5.00
Officer Director
$0 $0 $0
SCOTT NOLEN Chairman 5.00
Officer Director
$0 $0 $0
ROBERT SPELLMAN Secretary 5.00
Officer Director
$0 $0 $0
ELIZABETH NORMAN BOARD MEMBER 1.00
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 $2,656,398 $1,600,927 $3,311,196 $1,055,471
2023 No data No data No data No data
2023 $1,177,640 $1,307,090 $1,228,074 $-129,450
2022 $1,202,197 $781,065 $1,368,871 $421,132
2022 $1,480,599 $790,332 $1,972,207 $690,267
2021 $716,023 $423,473 $991,277 $292,550
2021 $673,711 $360,762 $1,000,976 $312,949
2020 $937,367 $493,783 $703,970 $443,584
2020 $454,659 $448,601 $255,075 $6,058
2019 $292,516 $323,485 $270,128 $-30,969
2019 $292,514 $327,483 $261,754 $-34,969
2018 $245,406 $325,694 $320,219 $-80,288
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