INFUSION NURSES CERTIFICATION CORP INC

EIN: 043328276 501(c)(3) Health Care

NORWOOD, MA

Total Revenue
$394,362
Total Expenses
$436,620
Total Assets
$444,752
Net Assets
$333,599
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MA
Principal Officer
CHRISTOPHER HUNT
Phone
7814409408
Tax Period
2023-01-01 to 2023-12-31

INFUSION NURSES CERTIFICATION CORP INC, founded in 1983, is a small nonprofit in the Health Care sector that reported $394K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $437K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROMOTE EXCELLENCE IN INFUSION NURSING CERTIFICATION BY DEVELOPING AND ADMINISTERING A COMPREHENSIVE EVIDENCE-BASED PROGRAM, ADVOCATING THE IMPORTANCE OF CERTIFICATION CREDENTIALS, AND SUPPORTING CONTINUING INFUSION EDUCATION AND 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 $0
Program Service Revenue $390,669
Investment Income $3,693
Other Revenue $0
TOTAL REVENUE $394,362

Expense Breakdown

Grants Paid $0
Salaries & Benefits $214,684
Fundraising Expenses $0
Program Expenses $352,420
Other Expenses $221,936
TOTAL EXPENSES $436,620

Year-over-Year Comparison

2023 2022 Change
Revenue $394,362 $350,246 +0.1%
Expenses $436,620 $455,807 0.0%
Net Income $-42,258 $-105,561 -0.6%
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
7
Independent Members
7
Employees
N/A
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
1
$250,000
Total Directors
8
$250,000
Key Employees
1
$202,185
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PEG GRUENEMEIER CHAIR ELECT 0.00
Director
$0 $0 $0
BRITT M MEYER CHAIR 0.00
Director
$0 $0 $0
FELICIA SCHAPS DIRECTOR 0.00
Director
$0 $0 $0
CHRISTOPHER HUNT CEO 0.00
Officer Director
$0 $0 $250,000
TRISHA CAKANIC DIRECTOR 0.00
Director
$0 $0 $0
KARIN CIERZAN DIRECTOR 0.00
Director
$0 $0 $0
ELIZABETH MAY DIRECTOR 0.00
Director
$0 $0 $0
TERESA SOTHCOTT DIRECTOR 0.00
Director
$0 $0 $0
MARIA CONNORS COO 0.00
Key Emp
$0 $0 $202,185
MARLENE STEINHEISER DIRECTOR OF CLINICAL EDUCA 0.00
Highest
$0 $0 $147,423
DAWN BERNDT DIRECTOR OF PUBLICATIONS 0.00
Highest
$0 $0 $129,649
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 $394,362 $436,620 $444,752 $-42,258
2022 $350,246 $455,807 $420,811 $-105,561
2021 $432,387 $483,113 $632,712 $-50,726
2020 $326,054 $468,612 $688,809 $-142,558
2019 $381,005 $545,154 $755,626 $-164,149
2018 $492,867 $471,858 $849,406 $21,009
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