DOMINICAN HEALTH SERVICES

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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

1984

Legal Domicile

Principal Officer

NANETTE MICKIEWICZ MD

Phone

8314627635

Tax Period

2024-07-01 to 2025-06-30

DOMINICAN HEALTH SERVICES, founded in 1984, is a small nonprofit in the Health Care sector that reported $456K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $396K, a strong 87% operating margin.

Mission

TO CONDUCT, SPONSOR, ADVANCE, ENCOURAGE, AND PROMOTE CHARITABLE, HOSPITAL, EDUCATIONAL, SCIENTIFIC AND RELIGIOUS ACTIVITIES AS MAY BE DEEMED ADVISABLE FOR ADVANCEMENT OF HEALTH CARE. TO CONDUCT, SPONSOR, ADVANCE, ENCOURAGE, PROMOTE AND MANAGE HEALTHCARE CLINICS, SERVICES, FACILITIES AND PROGRAMS FOR THE PROVISION AND IMPROVEMENT OF HEALTHCARE FOR THE COMMUNITY SERVED.

Program Service Accomplishments

Program 1

Expenses: $60,422 Revenue: $358,431

THE ORGANIZATION IS AN IRC SEC 509(A)(3) SUPPORTING ORGANIZATION TO DIGNITY HEALTH, DBA DOMINICAN HOSPITAL ("HOSPITAL"). AS A SUPPORTING ORGANIZATION, THE ORGANIZATION OPERATES EXCLUSIVELY FOR THE...

THE ORGANIZATION IS AN IRC SEC 509(A)(3) SUPPORTING ORGANIZATION TO DIGNITY HEALTH, DBA DOMINICAN HOSPITAL ("HOSPITAL"). AS A SUPPORTING ORGANIZATION, THE ORGANIZATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE HOSPITAL WHICH INCLUDE MAKING PAYMENTS DIRECTLY TO THE HOSPITAL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $358,431

Investment Income $0

Other Revenue $97,579

TOTAL REVENUE $456,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,422

Other Expenses $60,422

TOTAL EXPENSES $60,422

Year-over-Year Comparison

	2024	2023	Change
Revenue	$456,010	$383,323	+0.2%
Expenses	$60,422	$52,500	+0.2%
Net Income	$395,588	$330,823	+0.2%

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

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

$1,580,445

Total Directors

$1,165,508

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANETTE MICKIEWICZ MD	EX-OFF BOARD MEMBER /EXEC VICE PRES	0.10	Officer Director	$0	$123,883	$817,504
JEFFREY P DANEFF	TREASURER / CFO	1.00	Officer	$0	$67,570	$414,937
SUSAN MACMILLAN	SECRETARY	0.10	Officer Director	$0	$88,305	$348,004
RITA EILEEN DEAN	BOARD MEMBER	0.10	Director	$0	$0	$0
CAROL LEZIN	EX-OFF BOARD MEMBER/BOARD CHAIR	0.10	Officer 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
2025	$456,010	$60,422	$10,698,786	$395,588
2024	No data	No data	No data	No data
2023	$517,789	$79,019	$10,372,903	$438,770
2022	$337,048	$12,399	$10,792,945	$324,649
2021	$255,650	No data	$11,099,553	No data
2020	$1,472,337	$75	$11,140,335	$1,472,262
2019	$435,350	$95	$10,259,957	$435,255
2018	$423,082	$75	$2,426,791	$423,007