FAMILY MEDICAL CARE CLINICS CORPORATION A PROFESSIONAL ASSOCIATION (EIN 814246490) - 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

1971

Legal Domicile

Principal Officer

JOHN L TORQUATO

Phone

2087727850

Tax Period

2024-01-01 to 2024-12-31

FAMILY MEDICAL CARE CLINICS CORPORATION A PROFESSIONAL ASSOCIATION, founded in 1971, is a micro nonprofit in the Health Care sector that reported $88K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $82K left a modest 7% surplus.

Mission

TO PROVIDE AFFORDABLE PRIMARY HEALTHCARE AND WELLNESS RELATED SERVICES FOR THE CARE OF PERSONS REQUIRING SUCH HEALTHCARE SERVICES.

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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 $6,937

Program Service Revenue $81,445

Investment Income $0

Other Revenue $0

TOTAL REVENUE $88,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,283

Fundraising Expenses $0

Program Expenses $76,882

Other Expenses $19,769

TOTAL EXPENSES $82,052

Year-over-Year Comparison

	2024	2023	Change
Revenue	$88,382	$78,777	+0.1%
Expenses	$82,052	$80,532	+0.0%
Net Income	$6,330	$-1,755	-4.6%

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

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

$31,273

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN L TORQUATO	DIRECTOR	40.00	Director	$18,106	$0	$18,106
CHERIE D TORQUATO	DIRECTOR	40.00	Director	$13,167	$0	$13,167

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	$88,382	$82,052	$13,001	$6,330
2023	$78,777	$80,532	$8,467	$-1,755
2022	$198,089	$196,552	$9,594	$1,537
2021	$318,216	$320,819	$14,102	$-2,603
2020	$401,320	$403,305	$16,237	$-1,985

FAMILY MEDICAL CARE CLINICS CORPORATION A PROFESSIONAL ASSOCIATION