Next Door Med Net Inc (EIN 820823793) - 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

2017

Legal Domicile

Principal Officer

Alsa Agadjanian

Phone

3237507354

Tax Period

2024-01-01 to 2024-12-31

Next Door Med Net Inc, founded in 2017, is a small nonprofit in the Health Care sector that reported $613K in total revenue in fiscal year 2024. Revenue surged 375% from the prior year, signaling strong growth momentum. Expenses of $771K exceeded revenue, resulting in a 26% operating deficit.

Mission

To provide primarly health care and social services to disadvantaged communities.

🔒

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 $50,000

Program Service Revenue $563,083

Investment Income $0

Other Revenue $0

TOTAL REVENUE $613,083

Expense Breakdown

Grants Paid $0

Salaries & Benefits $308,766

Fundraising Expenses $0

Program Expenses $660,150

Other Expenses $462,180

TOTAL EXPENSES $770,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$613,083	$129,061	+3.8%
Expenses	$770,946	$439,185	+0.8%
Net Income	$-157,863	$-310,124	-0.5%

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

Employees

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

$192,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alisa Agadjanian	President & CEO	40.00	Officer	$120,000	$0	$120,000
Rubina Agadjanian	CFO	40.00	Officer	$72,000	$0	$72,000
Dilcia Artiga	Treasurer	1.00	Officer Director	$0	$0	$0
Mariam Otarshvila	Vice President	1.00	Officer Director	$0	$0	$0
Karen Gasparian	Chairman	1.00	Officer Director	$0	$0	$0
Zehra Seda Kulabar	Secretary	1.00	Officer Director	$0	$0	$0
Roberto Diaz	Trustee	1.00	Director	$0	$0	$0
Brenda Dominquez	Trustee	1.00	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	$613,083	$770,946	$9,398	$-157,863

Next Door Med Net Inc