CONNECTICUT PEER REVIEW ORGANIZATION IN QUALIDIGM

EIN: 222484567 501(c)(3)

FOXBORO, MA

Total Revenue
$11,152
Total Expenses
$34,100
Total Assets
N/A
Net Assets
N/A
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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
1983
Legal Domicile
CT
Principal Officer
CRAIG JALBERT
Phone
8606322008
Tax Period
2021-08-01 to 2022-07-31

CONNECTICUT PEER REVIEW ORGANIZATION IN QUALIDIGM, founded in 1983, is a micro nonprofit that reported $11K in total revenue in fiscal year 2021. Expenses of $34K exceeded revenue, resulting in a 206% operating deficit.

Mission

IMPROVING THE QUALITY AND SAFETY OF HEALTH CARE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $11,152
TOTAL REVENUE $11,152

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $34,100
TOTAL EXPENSES $34,100

Year-over-Year Comparison

2021 2020 Change
Revenue $11,152 $-1,447,885 -1.0%
Expenses $34,100 $28,430 +0.2%
Net Income $-22,948 $-1,476,315 -1.0%
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
1
Independent Members
1
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
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG JALBERT PRESIDENT, VP AND TREASURE 2.00
Officer 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
2022 $11,152 $34,100 No data $-22,948
2021 $-1,447,885 $28,430 $924,416 $-1,476,315
2020 $5,889,069 $7,996,231 $6,771,899 $-2,107,162
2019 $11,976,592 $12,845,974 $9,021,651 $-869,382
2018 $12,694,844 $11,987,538 $7,687,408 $707,306
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