HOPE MEDICAL CLINIC INC

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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

2004

Principal Officer

JENNIFER GALLAGHER

Phone

3027357551

Tax Period

2023-01-01 to 2023-12-31

HOPE MEDICAL CLINIC INC, founded in 2004, is a small nonprofit in the Health Care sector that reported $212K in total revenue in fiscal year 2023. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 27% operating margin.

Mission

PROVIDE NO-COST MEDICAL CARE TO UNINSURED AND LOW-INCOME INDIVIDUALS AND FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $129,199

PROVIDED MEDICAL CARE FOR LOW INCOME AND UNINSURED FAMILIES AND INDIVIDUALS AT NO COST ESTIMATED VALUE OF DONATED MEDICAL SERVICES 38,787 ESTIMATED VALUE OF DONATED FACILITIES 19,800

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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 $170,249

Program Service Revenue $0

Investment Income $3,721

Other Revenue $38,127

TOTAL REVENUE $212,097

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,632

Fundraising Expenses $0

Program Expenses $129,199

Other Expenses $110,590

TOTAL EXPENSES $155,222

Year-over-Year Comparison

	2023	2022	Change
Revenue	$212,097	$96,139	+1.2%
Expenses	$155,222	$116,171	+0.3%
Net Income	$56,875	$-20,032	-3.8%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NISHA LODHAVIA EDD	PRESIDENT	N/A	Officer Director	$0	$0	$0
JENNIFER EWALD	TREASURER	N/A	Officer Director	$0	$0	$0
JENNIFER GALLAGHER	EXECUTIVE DI	N/A	Officer	$0	$0	$0
JENNIFER COHAN	DIRECTOR	N/A	Director	$0	$0	$0
DOUGLAS L DITTY DDS MD	DIRECTOR	N/A	Director	$0	$0	$0
THOMAS MERCER DMD	DIRECTOR	N/A	Director	$0	$0	$0
KEISHA MORRIS	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$212,097	$155,222	$464,792	$56,875
2022	$96,139	$116,171	$370,705	$-20,032
2021	$123,641	$141,349	$413,252	$-17,708
2020	$138,354	$133,644	$429,029	$4,710
2019	$126,085	$149,416	$417,003	$-23,331
2018	$164,225	$176,283	$444,382	$-12,058