INTERNATIONAL HYPERBARICS ASSOCIATION INC

EIN: 201778039 501(c)(3) Diseases & Disorders

LOS ANGELES, CA

Total Revenue
$685,504
Total Expenses
$588,100
Total Assets
$239,363
Net Assets
$243,165
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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
2005
Legal Domicile
CA
Principal Officer
SHANNON KENITZ
Phone
8774428721
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL HYPERBARICS ASSOCIATION INC, founded in 2005, is a small nonprofit in the Diseases & Disorders sector that reported $686K in total revenue in fiscal year 2024. Expenses of $588K left a modest 14% surplus.

Mission

TO ENHANCE THE AWARENESS OF THE HYPERBARIC MEDICINE AND ITS BENEFITS TO THE COMMUNITY THROUGH EDUCATION, AND MAKING THE TREATMENT AFFORDABLE AND ACCESSIBLE TO THE COMMUNITY. PUBLISH MONTHLY NEWSLETTER SENT TO MEMBERS AND AVAILABLE AT NO COST TO THE GENERAL PUBLIC ON THE WEBSITE. DISTRIBUTION OF LITERATURE AT MEDICAL SYMPOSIUMS AND MEETINGS ON PLASTIC SURGERY, CEREBRAL PALSY, STROKE, ANTI-AGING, CANCER, SPORTS, ALTITUDE, AND OTHER HYPERBARIC RELATED TOPICS

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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 (2024)

Revenue Breakdown

Contributions & Grants $378,996
Program Service Revenue $306,269
Investment Income $0
Other Revenue $239
TOTAL REVENUE $685,504

Expense Breakdown

Grants Paid $0
Salaries & Benefits $216,209
Fundraising Expenses $1,500
Program Expenses $227,035
Other Expenses $371,891
TOTAL EXPENSES $588,100

Year-over-Year Comparison

2024 2023 Change
Revenue $685,504 $656,864 +0.0%
Expenses $588,100 $605,283 0.0%
Net Income $97,404 $51,581 +0.9%
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

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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
2
Independent Members
N/A
Employees
3
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
$0
Total Directors
1
$160,223
Key Employees
1
$160,223
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNON KENITZ EXECUTIVE DIRECTORY 060.00
Director Key Emp
$160,223 $0 $160,223
JUSTIN SHRENGER ESQ SECRETARY 020.00
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
2025 No data No data No data No data
2024 $685,504 $588,100 $239,363 $97,404
2024 $685,504 $588,100 $239,363 $97,404
2023 $656,864 $605,283 $142,110 $51,581
2022 $718,359 $986,298 $93,372 $-267,939
2021 $721,513 $716,494 $361,311 $5,019
2019 $211,052 $127,658 $199,734 $83,394
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