CHERRY HILL FREE CLINIC 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

2019

Legal Domicile

Principal Officer

JUBRIL OYEYEMI

Phone

8562813032

Tax Period

2023-01-01 to 2023-12-31

CHERRY HILL FREE CLINIC INC, founded in 2019, is a small nonprofit in the Health Care sector that reported $426K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $576K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PROVIDE FREE PRIMARY CARE TO THE UNINSURED AND UNDERINSURED

Program Service Accomplishments

Program 1

Expenses: $522,378 Revenue: $0

N/A

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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 $425,573

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $425,573

Expense Breakdown

Grants Paid $0

Salaries & Benefits $356,488

Fundraising Expenses $24,497

Program Expenses $522,378

Other Expenses $219,658

TOTAL EXPENSES $576,146

Year-over-Year Comparison

	2023	2022	Change
Revenue	$425,573	$539,991	-0.2%
Expenses	$576,146	$512,741	+0.1%
Net Income	$-150,573	$27,250	-6.5%

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

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
Suzanne Ghee	Voting - Chair	1.00	Director	$0	$0	$0
Tarun Kapoor MD MBA	Voting - Vice President	1.00	Director	$0	$0	$0
Kristen Centinaro BS MBA	Voting - Treasurer	1.00	Director	$0	$0	$0
Katherine Klima DNP CNM RN	Voting - Secretary	1.00	Director	$0	$0	$0
Tony Chigounis	Voting - Trustee	1.00	Director	$0	$0	$0
John Matsinger DO MBA	Voting - Trustee	1.00	Director	$0	$0	$0
Sanjay Cheulkar MD MHSA FACHE	Voting - Trustee	1.00	Director	$0	$0	$0
Angel Hernandez	Voting - Trustee	1.00	Director	$0	$0	$0
Kruti Lodhavia PharmD CSP	Voting - Trustee	1.00	Director	$0	$0	$0
Clabon Bogan	Voting - Trustee	1.00	Director	$0	$0	$0
Jubril Oyeyemi MD	Voting - Founder & Chief Executive Officer	1.00	Officer 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	No data	No data	No data	No data
2023	$425,573	$576,146	$145,157	$-150,573
2023	$794,545	$576,748	$944,747	$217,797
2022	$539,992	$512,741	$136,661	$27,251
2020	$226,150	$240,529	No data	$-14,379