GASTROENTEROLOGY & HEPATOLOGY ADVANCED PRACTICE PROVIDERS INC

EIN: 843792246 501(c)(3) 501(c)(3) Corporation

HBK 101 CRAWFORDS CORNER ROAD 2216, HOLMDEL, NJ, 07733

Total Revenue
$3,070,100
Total Expenses
$3,095,272
Total Assets
$481,274
Net Assets
$-14,313

Tuckman-Chang Vulnerability Assessment

Research-Based

Academic framework for nonprofit financial sustainability (Tuckman & Chang, 1991)

Equity Deficiency
0.00
⚠ Vulnerable — <3 mo. reserves
Revenue Concentration
1.00
⚠ High Risk — Concentrated
Admin Flexibility
0.0%
⚠ Too Lean — No room to cut
Operating Sustainability
-0.8%
⚠ Deficit — Unsustainable
Overall Vulnerability Assessment
Based on 4 vulnerability indicators
⚠ HIGH RISK
4/4 flags
Equity deficiency (<0.25) 🚩 Flagged
Revenue concentration (>0.60) 🚩 Flagged
Admin too lean (<10%) 🚩 Flagged
Operating deficit (<0%) 🚩 Flagged

About: The Tuckman-Chang framework identifies four key indicators of financial vulnerability. 0 flags = low risk, 1–2 = moderate risk, 3–4 = high risk. Validated across thousands of nonprofits since 1991.

Learn more about the Tuckman-Chang methodology →

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NJ
Principal Officer
PATRICK HORNE
Phone
7323818887
Tax Period
January 2023 - December 2023

GASTROENTEROLOGY & HEPATOLOGY ADVANCED PRACTICE PROVIDERS INC is a 501(c)(3) with EIN 843792246, based in HBK 101 CRAWFORDS CORNER ROAD 2216, HOLMDEL, NJ, 07733. Founded in 2019, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $3,070,100 in total revenue and $3,095,272 in total expenses, with net assets of $-14,313. Its Trantor Score is 534 (Poor), reflecting its financial health based on liquidity, solvency, and operational efficiency.

Mission

DEDICATED TO DEVELOPING EDUCATIONAL PROGRAMS, PROVIDING PROFESSIONAL ADVANCEMENT SERVICES, AND ASSEMBLING RESOURCES FOR AND GUIDED BY ADVANCED PRACTICE PROVIDERS (APPS).

Trantor Score

Financial Health & Payment Capacity Assessment

Score based on: Liquidity (40%), Solvency (30%), Sustainability (20%), Efficiency (10%)

534
Poor
High Risk
FICO Scale: 300–850

Liquidity (40%)
0.36
+79 pts
Solvency (30%)
0.39
+64 pts
Sustainability (20%)
0.45
+50 pts
Efficiency (10%)
0.74
+40 pts
Learn more about the Trantor Score methodology →

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,069,850
Program Service Revenue $250
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,070,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,072,100
Other Expenses $3,095,272
TOTAL EXPENSES $3,095,272

Year-over-Year Comparison

2023 2022 Change
Revenue $3,070,100 $2,618,140 +17.3%
Expenses $3,095,272 $3,521,183 -12.1%
Net Income $-25,172 $-903,043 +97.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required

Financial Health Indicators

Financial Distress Indicator (Altman Z-Score)
✓ Safe Zone — Low probability of financial distress
6.11
>2.6 safe · 1.1–2.6 gray · <1.1 distress

Learn about the Altman Z-Score methodology adapted for nonprofits →

Liquidity & Cash Position

Current Ratio
0.97
Target: >2.0 is healthy
Cash Reserve
0.9
Months of expenses covered
Cash to Assets
49.2%
Liquid asset ratio
Working Capital
$-14,313
Current assets − liabilities

Solvency & Debt Position

Solvency Ratio
0.97
Assets / Liabilities (>1 is solvent)
Debt Ratio
103.0%
Liabilities / Assets (lower is better)

Revenue Sustainability & Diversification

Self-Sufficiency
0.0%
Program revenue / Total revenue
Donation Dependence
100.0%
Contributions / Total revenue
Revenue Concentration
100.0%
Largest source (lower = more diverse)

Operational Performance

Admin Efficiency
0.0%
Target: 10–20% is optimal
Asset Turnover
6.38x
Revenue / Assets
Expense Coverage
-0.1
Months can operate w/o income
Surplus Margin
-0.8%
Net income / Revenue

Growth Indicators

Net Assets Growth
-207.1%
Year-over-year change

Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
79

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK HORNE PRESIDENT 5.00
Officer Director
$0 $0 $0
AMY KASSEBAUM-LADEWSKI VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
CHRISTINA HANSON SECRETARY 5.00
Officer Director
$0 $0 $0
ANDREA GOSSARD TREASURER 5.00
Officer Director
$0 $0 $0
SHARON DUDLEY-BROWN DIRECTOR 5.00
Director
$0 $0 $0
KIMBERLY ORLECK DIRECTOR 5.00
Director
$0 $0 $0
NICOLE MARTINEZ DE ANDINO DIRECTOR 5.00
Director
$0 $0 $0
APRIL MORRIS DIRECTOR 5.00
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
2024 No data No data No data No data
2023 $3,070,100 $3,095,272 $481,274 $-25,172
2022 $2,618,140 $3,521,183 $577,442 $-903,043
2021 $2,355,713 $1,631,480 $1,094,862 $724,233
2020 $703,350 $511,181 $312,169 $192,169
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