PATIENT PROTECTION COALITION

EIN: 841843656 Health Care

LEVITTOWN, NY

Total Revenue
$75,887
Total Expenses
$77,061
Total Assets
$4,916
Net Assets
$3,866
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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
NY
Principal Officer
GEOFREY C SORKIN
Phone
2125390519
Tax Period
2020-09-01 to 2021-08-31

PATIENT PROTECTION COALITION, founded in 2019, is a micro nonprofit in the Health Care sector that reported $76K in total revenue in fiscal year 2020.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO SEEK CERTAIN LEGISLATION, DESIGNED TO REDUCE OR ELIMINATE DETRIMENTAL HOSPITAL BILLING PRACTICES WITH RESPECT TO THE PATIENT, HEALTH INSURANCE PLANS AND THE HEALTH INSURANCE INDUSTRY, AS A WHOLE, THROUGH LOBBYING FOR SUCH LEGISLATION.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $75,887
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $75,887

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,061
Other Expenses $77,061
TOTAL EXPENSES $77,061

Year-over-Year Comparison

2020 2019 Change
Revenue $75,887 N/A N/A
Expenses $77,061 $1,563 +48.3%
Net Income $-1,174 $-1,563 -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

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Governance

Voting Members
5
Independent Members
5
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEOFREY C SORKIN DIRECTOR & TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH USATCH TRUSTEE 1.00
Director
$0 $0 $0
JAHMILA EDWARDS TRUSTEE 0.00
Director
$0 $0 $0
ALLEN BRAWER TRUSTEE 0.00
Director
$0 $0 $0
MITCHELL GOLDBERG TRUSTEE 0.00
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
2021 $75,887 $77,061 $4,916 $-1,174
2020 No data $1,563 $6,040 No data
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