NEW YORK INDEPENDENT PHYSICIAN PRACTICE ASSOCIATION INC (EIN 922801716) - 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

2023

Legal Domicile

Principal Officer

JEFFREY RICHMOND

Phone

9175332936

Tax Period

2023-01-01 to 2023-12-31

NEW YORK INDEPENDENT PHYSICIAN PRACTICE ASSOCIATION INC, founded in 2023, is a small nonprofit that reported $388K in total revenue in fiscal year 2023. The organization ran a surplus of $130K, a strong 33% operating margin.

Mission

NYIPPA WORKS TO PROMOTE AND PROTECT THE HIGH-QUALITY, COST EFFICENT CARE FURNISHED BY PATIENTS IN NEW YORK IN THE INDEPENDENT MEDICAL PRACTICE SETTING.

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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 $388,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $388,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $258,100

TOTAL EXPENSES $258,100

Year-over-Year Comparison

	2023	2022	Change
Revenue	$388,000	N/A	N/A
Expenses	$258,100	N/A	N/A
Net Income	$129,900	N/A	N/A

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
JEFFREY RICHMOND	DIRECTOR/CHAIRMAN/PRESIDENT	1.00	Officer Director	$0	$0	$0
JUSTIN MARONEY	DIRECTOR/TREASURER	1.00	Officer Director	$0	$0	$0
HOWARD RATTNER	DIRECTOR/SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID ALBALA	DIRECTOR/CHAIR, HEALTH POLICY	1.00	Officer Director	$0	$0	$0
SUNIL KHUNARA	DIRECTOR/VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTOPHER RAIO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN NOTARO	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS RECHTSCHAFFEN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID EAGLE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK SEILER	ASSISTANT TREASURER	5.00	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
2023	$388,000	$258,100	$129,900	$129,900

NEW YORK INDEPENDENT PHYSICIAN PRACTICE ASSOCIATION INC