NYMC - SCHOOL OF MEDICINE FACULTY PRACTICE (EIN 833709834) - 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

2017

Legal Domicile

Principal Officer

DR ALAN KADISH

Phone

9145944470

Tax Period

2022-07-01 to 2023-06-30

NYMC - SCHOOL OF MEDICINE FACULTY PRACTICE, founded in 2017, is a micro nonprofit in the Education sector that reported $74K in total revenue in fiscal year 2022. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $377K exceeded revenue, resulting in a 411% operating deficit.

Mission

SUPPORT THE SCHOOL OF MEDICINE OF NYMC BY PROVIDING CLINICAL INST., SUPERVISION, & PROF. 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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $73,745

Investment Income $0

Other Revenue $0

TOTAL REVENUE $73,745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $327,414

Fundraising Expenses $7,767

Program Expenses $280,936

Other Expenses $49,287

TOTAL EXPENSES $376,701

Year-over-Year Comparison

	2022	2021	Change
Revenue	$73,745	$104,113	-0.3%
Expenses	$376,701	$295,175	+0.3%
Net Income	$-302,956	$-191,062	+0.6%

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

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

$2,715,989

Total Directors

$2,003,239

Key Employees

$366,390

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD C HALPERIN	CHANCELLOR & CEO	0.10	Officer Director	$0	$61,549	$690,233
ALAN KADISH	PRESIDENT, CEO AND TRUSTEE	0.10	Officer Director	$0	$268,885	$1,313,006
JERRY L NADLER	DEAN SOM (END 02/24/23)	0.10	Officer	$0	$46,053	$712,750
LORI SOLOMON	MEDICAL DIRECTOR	21.00	Key Emp	$0	$72,304	$366,390

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	$73,745	$376,701	$128,484	$-302,956
2022	$104,113	$295,175	$206,438	$-191,062
2021	$221,983	$136,571	$260,933	$85,412

NYMC - SCHOOL OF MEDICINE FACULTY PRACTICE