HACKENSACK MERIDIAN TEAM HEALTH PC (EIN 272377326) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

JAMES CLARKE MD

Phone

9086756572

Tax Period

2023-01-01 to 2023-12-31

HACKENSACK MERIDIAN TEAM HEALTH PC, founded in 2010, is a community nonprofit in the Health Care sector that reported $6.5M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

THE CORPORATION WILL FURTHER THE CHARITABLE AND HEALTHCARE PURPOSES OF HACKENSACK MERIDIAN HEALTH, INC. AND ITS INTERNAL REVENUE CODE 501(C)(3) TAX-EXEMPT AFFILIATES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,461,675

Investment Income $0

Other Revenue $60,510

TOTAL REVENUE $6,522,185

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,522,185

Other Expenses $6,522,185

TOTAL EXPENSES $6,522,185

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,522,185	$4,919,143	+0.3%
Expenses	$6,522,185	$5,019,995	+0.3%
Net Income	$0	$-100,852	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

$1,237,100

Total Directors

$1,237,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES CLARKE MD	DIRECTOR - TRUSTEE	2.50	Officer Director	$0	$44,418	$1,237,100

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	$6,522,185	$6,522,185	$670,323	No data
2022	$4,919,143	$5,019,995	$1,079,862	$-100,852
2021	$3,770,287	$3,770,287	$688,795	No data
2020	$3,143,755	$3,150,095	$477,483	$-6,340
2019	$4,104,771	$4,098,431	$1,269,849	$6,340
2018	$3,598,788	$3,598,788	$948,632	No data

HACKENSACK MERIDIAN TEAM HEALTH PC