BROOKLYN HEALTH MEDICAL GROUP PC (EIN 821515726) - 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

2016

Legal Domicile

Principal Officer

AHMAR BUTT MD

Phone

7182506755

Tax Period

2023-01-01 to 2023-12-31

BROOKLYN HEALTH MEDICAL GROUP PC, founded in 2016, is a community nonprofit in the Health Care sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $3.8M exceeded revenue, resulting in a 210% operating deficit.

Mission

TO PROVIDE HIGH QUALITY HEALTH CARE TO MEMBERS OF THE COMMUNITY AND TO SUPPORT THE CHARITABLE PURPOSES AND MISSION OF THE BROOKLYN HEALTH INC. AND RELATED CHARITABLE ENTITIES.

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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 $0

Program Service Revenue $1,240,821

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,240,821

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,072,896

Fundraising Expenses $0

Program Expenses $3,241,648

Other Expenses $2,767,530

TOTAL EXPENSES $3,840,426

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,240,821	$1,619,183	-0.2%
Expenses	$3,840,426	$3,803,482	+0.0%
Net Income	$-2,599,605	$-2,184,299	+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

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

$374,875

Total Directors

$374,875

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AHMAR BUTT MD	PRESIDENT	1.00	Officer Director	$0	$9,875	$374,875

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	$1,240,821	$3,840,426	$477,706	$-2,599,605
2022	$1,619,183	$3,803,482	$519,942	$-2,184,299
2021	$1,875,474	$3,814,114	$100,456	$-1,938,640
2020	$1,089,121	$2,891,393	$601,367	$-1,802,272
2019	No data	$204,574	$548,757	No data
2018	No data	No data	No data	No data

BROOKLYN HEALTH MEDICAL GROUP PC