HEALTHCARE PARTNERS OF SARATOGA LTD (EIN 453303309) - 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

2011

Legal Domicile

Principal Officer

Angelo Calbone

Phone

5185838454

Tax Period

2019-01-01 to 2019-12-31

HEALTHCARE PARTNERS OF SARATOGA LTD, founded in 2011, is a mid-sized nonprofit in the Health Care sector that reported $18.8M in total revenue in fiscal year 2019. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.8M, a strong 15% operating margin.

Mission

To serve the people of its community by responding to their health care needs in a supportive and caring environment.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $18,760,827

Investment Income $0

Other Revenue $872

TOTAL REVENUE $18,761,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,161,194

Other Expenses $15,945,012

TOTAL EXPENSES $15,945,012

Year-over-Year Comparison

	2019	2018	Change
Revenue	$18,761,699	$17,324,577	+0.1%
Expenses	$15,945,012	$15,072,864	+0.1%
Net Income	$2,816,687	$2,251,713	+0.3%

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

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

$6,401,654

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steven M Frisch MD	President	2	Director	$0	$121,031	$1,207,008
Vincent P Verdile	Director	2	Director	$0	$121,304	$1,170,625
Angelo G Calbone	Vice President	2	Director	$0	$35,490	$1,160,272
Frances Albert	Secretary	2	Director	$0	$87,444	$1,010,337
George Hickman	Board Member	2	Director	$0	$79,701	$684,513
Gary L Foster	Treasurer	2	Director	$0	$17,892	$433,447
Jeffrey Methven	Director	2	Director	$0	$35,604	$382,468
Kevin Ronayne	Director	2	Director	$0	$31,943	$352,984

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
2019	$18,761,699	$15,945,012	$17,328,223	$2,816,687
2018	$17,324,577	$15,072,864	$6,486,883	$2,251,713

HEALTHCARE PARTNERS OF SARATOGA LTD