HBS Healthcare Alumni Association Inc (EIN 113508999) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

Cameron LaHaise

Phone

6178045617

Tax Period

2024-01-01 to 2024-12-31

HBS Healthcare Alumni Association Inc, founded in 1999, is a small nonprofit in the Mutual Benefit sector that reported $277K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $310K exceeded revenue, resulting in a 12% operating deficit.

Mission

To assist graduates of the graduate school of business administration, Harvard University, to communicate and share information with each other regarding ways to improve and better all aspects of the healthcare industry.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $74,540

Program Service Revenue $187,800

Investment Income $14,210

Other Revenue $0

TOTAL REVENUE $276,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,312

Fundraising Expenses $0

Other Expenses $192,867

TOTAL EXPENSES $310,179

Year-over-Year Comparison

	2024	2023	Change
Revenue	$276,550	$235,725	+0.2%
Expenses	$310,179	$249,120	+0.2%
Net Income	$-33,629	$-13,395	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$117,312

Total Directors

$117,312

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cameron LaHaise	Executive Director	040.00	Officer Director	$117,312	$0	$117,312
Jay Galeota	Treasurer	001.00	Officer Director	$0	$0	$0
Eileen McCullough	Co-President	001.00	Officer Director	$0	$0	$0
Joe Montrosse	Co-President	001.00	Officer Director	$0	$0	$0
Susan Alesina	Director	001.00	Director	$0	$0	$0
Ian Chiang	Director	001.00	Director	$0	$0	$0
Bunny Ellerin	Director	001.00	Director	$0	$0	$0
Helen Kotchoubey	Director	001.00	Director	$0	$0	$0
Steve Krognes	Director	001.00	Director	$0	$0	$0
Anita Gupta Modi	Director	001.00	Director	$0	$0	$0
Michael Reslinski	Director	001.00	Director	$0	$0	$0
Maggie Pax	Director	001.00	Director	$0	$0	$0
Pooja Solanski	Director	001.00	Director	$0	$0	$0
Claire Wagner	Director	001.00	Director	$0	$0	$0
Maureen Austin	Director	001.00	Director	$0	$0	$0
Stephanie Chamberlain	Director	001.00	Director	$0	$0	$0
Gabriella del Hierro	Director	001.00	Director	$0	$0	$0
Marcus Osborne	Director	001.00	Director	$0	$0	$0
Jinal Shah	Director	001.00	Director	$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	$276,550	$310,179	$385,169	$-33,629
2023	$235,725	$249,120	$418,828	$-13,395
2022	$226,863	$215,910	$465,919	$10,953
2021	$225,408	$155,920	$468,574	$69,488
2020	$143,343	$139,360	$375,480	$3,983
2019	$263,963	$218,916	$442,778	$45,047
2018	$270,270	$225,510	$302,910	$44,760

HBS Healthcare Alumni Association Inc