NYMC - SCHOOL OF MEDICINE FACULTY PRACTICE

EIN: 833709834 501(c)(3) Education

VALHALLA, NY

Total Revenue
$73,745
Total Expenses
$376,701
Total Assets
$128,484
Net Assets
$-458,805
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
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

FACILITATE INTEGRATION OF CLINICAL PRACTICES OF NYMC CLINICAL FACULTY FOR THE BENEFIT OF AND TO SUPPORT THE EDUCATION, RESEARCH AND PATIENT CARE PROGRAMS OF NYMC.

Program Service Accomplishments

Program 1
Expenses: $280,936 Revenue: $73,745

EDUCATION: SUPPORT AND FURTHER THE TEACHING ENDEAVORS OF THE SCHOOL OF MEDICINE OF THE NEW YORK MEDICAL COLLEGE ("NYMC") CLINICAL FACULTY BY ENGAGING IN EDUCATION AND TRAINING PROGRAMS FOR NYMC...

Read more

EDUCATION: SUPPORT AND FURTHER THE TEACHING ENDEAVORS OF THE SCHOOL OF MEDICINE OF THE NEW YORK MEDICAL COLLEGE ("NYMC") CLINICAL FACULTY BY ENGAGING IN EDUCATION AND TRAINING PROGRAMS FOR NYMC MEDICAL STUDENTS, AND FACILITATING AND PROMOTING INTEGRATION OF THE CLINICAL PRACTICES OF THE CLINICAL FACULTY OF NYMC INTO A COORDINATED, COMPREHENSIVE, AND FISCALLY SOUND PATIENT CARE DELIVERY SYSTEM FOR THE BENEFIT OF THE EDUCATION, RESEARCH, AND PATIENT CARE PROGRAMS OF NYMC.

🔒

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%)

Sign In — Free (10 views/day)

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
🔒

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

Sign In

Governance

Voting Members
2
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
3
$2,715,989
Total Directors
2
$2,003,239
Key Employees
1
$366,390
Highest Compensated
0
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
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NYMC - SCHOOL OF MEDICINE FACULTY PRACTICE with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.