CORE MEDICAL FOUNDATION INC (EIN 882791679) - 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

2022

Legal Domicile

Principal Officer

SIDNEY J GORDON

Phone

5612431219

Tax Period

2024-01-01 to 2024-12-31

CORE MEDICAL FOUNDATION INC, founded in 2022, is a small nonprofit in the Health Care sector that reported $118K in total revenue in fiscal year 2024. The organization ran a surplus of $35K, a strong 30% operating margin.

Mission

OUR MISSION IS TO SUPPORT MILITARY VETERANS AND FIRST RESPONDERS BY PROVIDING HORMONE REPLACEMENT THERAPY AND OTHER CUTTING-EDGE RESEARCH-BASED TREATMENTS TO THOSE WHO OTHERWISE CANNOT AFFORD SUCH TREATMENT FOR PTSD AND OTHER STRESS-RELATED ILLNESSES AND SYMPTOMS, TO IMPROVE HEALTH, QUALITY OF LIFE, CARDIOVASCULAR RISK FACTORS SUCH AS INSULIN RESISTANCE, FAT MASS, AND LIPID PROFILES, AND REDUCE SUICIDAL IDEATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $60,000

Program Service Revenue $19,538

Investment Income $0

Other Revenue $38,484

TOTAL REVENUE $118,022

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,488

Other Expenses $82,993

TOTAL EXPENSES $82,993

Year-over-Year Comparison

	2024	2023	Change
Revenue	$118,022	$116,971	+0.0%
Expenses	$82,993	$109,193	-0.2%
Net Income	$35,029	$7,778	+3.5%

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

N/A

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
SIDNEY J GORDON	PRESIDENT	10.00	Officer	$0	$0	$0
MEL CHANCY	VICE PRESIDE	10.00	Officer	$0	$0	$0
NICK KOUMALATSOS	SECRETARY	10.00	Officer	$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	$118,022	$82,993	$45,414	$35,029
2023	$116,971	$109,193	$8,526	$7,778
2022	$750	$2	$748	$748

CORE MEDICAL FOUNDATION INC