Three Peaks Medical Clinic Inc

EIN: 873937111 501(c)(3) Health Care

Waitsfield, VT

Total Revenue
$314,431
Total Expenses
$102,368
Total Assets
$404,714
Net Assets
$404,131
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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
2022
Legal Domicile
VT
Principal Officer
Chad Borofsky
Phone
8022793593
Tax Period
2023-01-01 to 2023-12-31

Three Peaks Medical Clinic Inc, founded in 2022, is a small nonprofit in the Health Care sector that reported $314K in total revenue in fiscal year 2023. The organization ran a surplus of $212K, a strong 67% operating margin.

Mission

Our mission is to provide the mountain community with access to on-mountain medical care as well as serving to provide a venue for facilitating wilderness and sports medicine research.

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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 (2023)

Revenue Breakdown

Contributions & Grants $243,634
Program Service Revenue $63,891
Investment Income $6,906
Other Revenue $0
TOTAL REVENUE $314,431

Expense Breakdown

Grants Paid $0
Salaries & Benefits $41,048
Fundraising Expenses $0
Program Expenses $102,368
Other Expenses $61,320
TOTAL EXPENSES $102,368

Year-over-Year Comparison

2023 2022 Change
Revenue $314,431 $326,110 0.0%
Expenses $102,368 $134,042 -0.2%
Net Income $212,063 $192,068 +0.1%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
2
Volunteers
5

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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chad Borofsky Director 5.00
Director
$0 $0 $0
Barb Masser Medical Director 5.00
Director
$0 $0 $0
Win Smith Director 5.00
$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 $314,431 $102,368 $404,714 $212,063
2022 $326,110 $134,042 $263,996 $192,068
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