North Shore-LIJ OB-GYN at New Hyde Park PC (EIN 473722278) - 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

2015

Legal Domicile

Principal Officer

MICHAEL J DOWLING

Phone

5163216058

Tax Period

2024-01-01 to 2024-12-31

North Shore-LIJ OB-GYN at New Hyde Park PC, founded in 2015, is a community nonprofit in the Health Care sector that reported $6.8M in total revenue in fiscal year 2024. Expenses of $6.3M left a modest 7% surplus.

Mission

North Shore-LIJ OB-GYN at New Hyde Park,PC strives to improve the health of the communities it serves and is committed to providing the highest quality clinical care

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,725,169

Investment Income $0

Other Revenue $114,503

TOTAL REVENUE $6,839,672

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,622,821

Other Expenses $6,333,803

TOTAL EXPENSES $6,333,803

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,839,672	$6,493,608	+0.1%
Expenses	$6,333,803	$6,233,244	+0.0%
Net Income	$505,869	$260,364	+0.9%

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

$12,796,376

Total Directors

$1,330,692

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MICHAEL DOWLING	CEO	Officer	$0	$75,656	$5,943,362
MICHELE CUSACK	CFO	Officer	$0	$85,322	$1,990,193
DEBORAH SCHIFF	EVP	Officer	$0	$69,777	$1,854,668
LAURENCE KRAEMER	Asst Sec, EVP & Gen Counsel	Officer	$0	$69,777	$1,677,461
MICHAEL NIMAROFF	President, Secretary & Treasur	Officer Director	$0	$119,781	$1,330,692

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	$6,839,672	$6,333,803	$1,286,357	$505,869
2023	$6,493,608	$6,233,244	$779,340	$260,364
2022	$6,348,658	$6,137,087	$514,610	$211,571
2021	$6,485,956	$6,549,676	$305,574	$-63,720
2020	$5,783,207	$5,393,902	$91,509	$389,305
2019	$5,592,046	$5,170,493	$68,502	$421,553
2018	$4,074,615	$4,144,932	$83,071	$-70,317

North Shore-LIJ OB-GYN at New Hyde Park PC