Montefiore Einstein Advanced Care (EIN 863090734) - 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

2021

Legal Domicile

Phone

9143498400

Tax Period

2023-01-01 to 2023-12-31

Montefiore Einstein Advanced Care, founded in 2021, is a mid-sized nonprofit in the Health Care sector that reported $49.6M in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. Expenses of $67.9M exceeded revenue, resulting in a 37% operating deficit.

Mission

TO DELIVER ACADEMIC QUALITY SPECIALTY AND SUBSPECIALTY PATIENT-FOCUSED CARE IN LOWER WESTCHESTER COUNTY AND THE HUDSON VALLEY IN SUPPORT OF MONTEFIORE HEALTH SYSTEM.

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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 $0

Program Service Revenue $47,934,211

Investment Income $0

Other Revenue $1,656,268

TOTAL REVENUE $49,590,479

Expense Breakdown

Grants Paid $0

Salaries & Benefits $40,670,504

Fundraising Expenses $0

Program Expenses $64,448,471

Other Expenses $27,278,478

TOTAL EXPENSES $67,948,982

Year-over-Year Comparison

	2023	2022	Change
Revenue	$49,590,479	$30,523,304	+0.6%
Expenses	$67,948,982	$39,273,010	+0.7%
Net Income	$-18,358,503	$-8,749,706	+1.1%

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

257

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

$6,174,511

Total Directors

$6,174,511

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	PRESIDENT	5.0	Officer Director	$0	$46,952	$2,267,158
N/A	SECRETARY	2.0	Officer Director	$0	$46,882	$1,872,945
N/A	TREASURER (SEPARATED 1/6/2023)	2.0	Officer Director	$0	$1,092	$14,922
N/A	TREASURER (APPOINTED 1/7/2023)	2.0	Officer Director	$0	$373,067	$2,019,486
N/A	DIRECTOR OF OPERATIONS	40.0	Highest	$194,796	$22,295	$217,091
N/A	CLINICAL MANAGER PHYS ASST SVC	40.0	Highest	$132,690	$19,730	$152,420
N/A	CLINICAL MANAGER	40.0	Highest	$132,744	$27,128	$159,872
N/A	DIRECTOR REVENUE CYCLE	40.0	Highest	$173,399	$50,488	$223,887
N/A	PRACTICE MANAGER	40.0	Highest	$132,729	$22,054	$154,783

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	$49,590,479	$67,948,982	$35,903,185	$-18,358,503
2022	$30,523,304	$39,273,010	$243,795	$-8,749,706
2021	No data	$247,299	$2,000	No data

Montefiore Einstein Advanced Care