NURSES MC 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

2021

Legal Domicile

Principal Officer

PAM MCCUE

Phone

4016804900

Tax Period

2022-07-01 to 2023-06-30

NURSES MC INC, founded in 2021, is a small nonprofit in the Education sector that reported $727K in total revenue in fiscal year 2022. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

The mission of Nurses MC (the Organization), a non-profit Organization currently located in Providence, RI, is to dramatically improve health outcomes across the United States by launching,

Program Service Accomplishments

Program 1

Expenses: $643,638 Revenue: $727,247

Launching, supporting, and managing outstanding nursing high schools

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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 (2022)

Revenue Breakdown

Contributions & Grants $30,000

Program Service Revenue $667,247

Investment Income $0

Other Revenue $30,000

TOTAL REVENUE $727,247

Expense Breakdown

Grants Paid $0

Salaries & Benefits $393,313

Fundraising Expenses $0

Program Expenses $643,638

Other Expenses $337,411

TOTAL EXPENSES $730,724

Year-over-Year Comparison

	2022	2021	Change
Revenue	$727,247	$562,517	+0.3%
Expenses	$730,724	$443,431	+0.6%
Net Income	$-3,477	$119,086	-1.0%

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
ANGELA PATTERSON MS	CHAIR	1.00	Officer Director	$0	$0	$0
CHARLES ALEXANDRE PHD	TREASURER, SECRETARY	1.00	Officer Director	$0	$0	$0
RITA NERNEY ESQ	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
PAMELA MCCUE	CEO	40.00	Highest	$250,000	$0	$250,000

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$727,247	$730,724	$932,671	$-3,477
2022	$562,517	$443,431	$904,225	$119,086
2021	$485,050	$22,100	$483,263	$462,950