North Shore-LIJ Anesthesiology PC (EIN 461617561) - 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

2012

Legal Domicile

Principal Officer

MICHAEL J DOWLING

Phone

5163216058

Tax Period

2023-01-01 to 2023-12-31

North Shore-LIJ Anesthesiology PC, founded in 2012, is a major nonprofit in the Health Care sector that reported $424.3M in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum.

Mission

North Shore-LIJ Anesthesiology, PC strives to improve the health of the communities it serves and is committed to providng the highest quality clinical care.

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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 $54,979

Program Service Revenue $420,685,430

Investment Income $0

Other Revenue $3,581,215

TOTAL REVENUE $424,321,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $384,666,429

Fundraising Expenses $0

Program Expenses $384,501,154

Other Expenses $64,631,927

TOTAL EXPENSES $449,298,356

Year-over-Year Comparison

	2023	2022	Change
Revenue	$424,321,624	$225,498,147	+0.9%
Expenses	$449,298,356	$252,714,713	+0.8%
Net Income	$-24,976,732	$-27,216,566	-0.1%

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

787

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

$18,015,253

Total Directors

$2,872,697

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL DOWLING	CEO	0.0	Officer	$0	$70,612	$9,042,544
MICHELE CUSACK	CFO	0.0	Officer	$0	$78,507	$1,696,458
ESAAK MULLAEV MD	Chair, Anesthesiology	50.0	Highest	$1,372,616	$76,773	$1,449,389
CHARLES SCHLEIEN	VP, Secretary & Treasurer	0.0	Officer Director	$0	$50,790	$1,444,882
DEBORAH SCHIFF	EVP	0.0	Officer	$0	$64,679	$1,441,503
MITCHELL COHN	President	50.0	Officer Director	$1,377,025	$50,790	$1,427,815
LAURENCE KRAEMER	Asst Sec, EVP & Gen Counsel	0.0	Officer	$0	$69,888	$1,372,753
FRANCIS MACCHIO MD	Vice Chair, Anesthesiology	50.0	Highest	$952,498	$74,589	$1,027,087
DANIEL ROGEL MD	Coord, Anesthesiology	50.0	Highest	$919,674	$74,589	$994,263
MAHENDRANAUTH SAMARU MD	Anesthesiologist	50.0	Highest	$904,411	$78,507	$982,918
JONATHAN LEIDERMAN MD	Coord, Anesthesiology	50.0	Highest	$899,044	$76,773	$975,817
ADAM BOLL	VP	0.0	Officer	$0	$78,507	$866,015
MATTHEW KIRSCHNER	Assistant Treasurer	0.0	Officer	$0	$78,507	$723,283

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	$424,321,624	$449,298,356	$59,228,326	$-24,976,732
2022	$225,498,147	$252,714,713	$43,612,473	$-27,216,566
2021	$196,131,623	$201,957,259	$33,422,603	$-5,825,636
2020	$127,114,037	$140,172,097	$28,001,194	$-13,058,060
2019	$74,645,448	$73,707,876	$22,972,860	$937,572
2018	$66,761,412	$84,580,803	$11,535,269	$-17,819,391

North Shore-LIJ Anesthesiology PC