East Brunswick, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New Jersey Independent Physician Practice Associaiton Inc, founded in 2023, is a small nonprofit that reported $220K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 25% operating margin.
THE ORGANIZATION IS ORGANIZED AND SHALL BE OPERATED TO FOR THE PURPOSE OF PROMOTING AND PROTECTING HIGH QUALITY, COST EFFICIENT CARE, FURNISHED TO PATIENTS IN NEW JERSEY IN THE INDEPENDENT MEDICAL PRACTICE SETTING, AND IN PROMOTING THE COMMON INTERESTS OF ITS MEMBERS WILL ENGAGE IN ACTIVITIES PERMITTED UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"),OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. SPECIFICALLY, BY WAY OF EXAMPLE AND NOT BY WAY OF LIMITATION, THE ORGANIZATION WILL PROMOTE THE COMMON BUSINESS INTERESTS OF INDEPENDENT MEDICAL PRACTICES IN THE STATE OF NEW JERSEY ENGAGED IN THE PROVISION OF HEALTH CARE SERVICES, TO ENHANCE ACCESS TO AND INCREASE THE QUALITY OF AFFORDABLE, INTERGRATED AND COMPTEHENSIVE DIAGNOSIS AND TREATMENT OF PATIENTS' INJURIES, ILLNESSES, DISORDERS AND DISEASES THROUGH INNOVATION, RESEARCH AND ADVOCACY IN THE AREAS OF TREATMENT, PREVENTION AND EDUCATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $220,000 | $145,776 | +0.5% |
| Expenses | $165,715 | $100,831 | +0.6% |
| Net Income | $54,285 | $44,945 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DR BOB GILANELLA | CHAIRMAN & PRESIDENT | 4.0 |
Officer
Director
|
$0 | $0 | $0 |
| DR EDWARD LICITRA | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| DR Amit Patel | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| DR Nadeem Baig | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| DR BRUNO FANG | VICE PRESIDENT | 4.0 |
Officer
|
$0 | $0 | $0 |
| DR Mitchell Spinell | SECRETARY | 4.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $220,000 | $165,715 | $99,230 | $54,285 |
| 2023 | $145,776 | $100,831 | $44,945 | $44,945 |
Compare New Jersey Independent Physician Practice Associaiton Inc with other nonprofits in New Jersey and across the country.