HEALTH EXCEL FOUNDATION (EIN 208280364) - 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

2007

Legal Domicile

Principal Officer

THOMAS SOUNHEIN

Phone

8584521279

Tax Period

2023-01-01 to 2023-12-31

HEALTH EXCEL FOUNDATION, founded in 2007, is a small nonprofit in the Education sector that reported $120K in total revenue in fiscal year 2023. Revenue surged 266007% from the prior year, signaling strong growth momentum. The organization ran a surplus of $104K, a strong 87% operating margin.

Mission

TO IMPROVE THE HEALTH AND DELIVERY OF HEALTH CARE TO THE PUBLIC BY SUPPORTING AND PROMOTING EDUCATION, THE DISSEMINATION OF HEALTH CARE INFORMATION, RESEARCH AND THE DEVELOPMENT AND USE OF HEALTH INFORMATION TECHNOLOGY AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH SUCH PURPOSES AS ALLOWD BY LAW.

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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 $119,748

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $119,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $15,781

TOTAL EXPENSES $15,781

Year-over-Year Comparison

	2023	2022	Change
Revenue	$119,748	$45	+2660.1%
Expenses	$15,781	$1,040	+14.2%
Net Income	$103,967	$-995	-105.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS SOUNHEIN	PRESIDENT	3.00	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
2024	No data	No data	No data	No data
2023	$119,748	$15,781	$18,851	$103,967
2022	$45	$1,040	$20,922	$-995
2021	$52	$514	$21,876	$-462
2020	$81	$3,519	$21,824	$-3,438
2019	$1,065	$3,716	$23,213	$-2,651

HEALTH EXCEL FOUNDATION