Institute for Healthcare Communica… - Form 990 Financial Data

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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

1981

Legal Domicile

Principal Officer

Kathleen Bonvicini

Phone

8009704631

Tax Period

2020-01-01 to 2020-12-31

Institute for Healthcare Communication, founded in 1981, is a small nonprofit that reported $644K in total revenue in fiscal year 2020. Revenue fell 37% from the prior year — a significant decline worth monitoring.

Mission

To advance the quality of healthcare by optimizing the experience and process of healthcare communication through major activities: Education, advocacy, research, and partnerships.

Program Service Accomplishments

Program 1

Expenses: $342,087 Revenue: $644,215

Provide ongoing training to hospitals and other medical institutions

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $644,214

Investment Income $0

Other Revenue $0

TOTAL REVENUE $644,214

Expense Breakdown

Grants Paid $0

Salaries & Benefits $442,312

Fundraising Expenses $0

Program Expenses $342,087

Other Expenses $248,123

TOTAL EXPENSES $690,435

Year-over-Year Comparison

	2020	2019	Change
Revenue	$644,214	$1,020,674	-0.4%
Expenses	$690,435	N/A	N/A
Net Income	$-46,221	$1,020,674	-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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

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

$147,192

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ronald K Cott	Director	1.00	Director	$0	$0	$0
Robert L Engle	Director	1.00	Director	$0	$0	$0
Robert Kloppenburg	Treasurer	1.00	Director	$0	$0	$0
Robert Levine	Chairman	1.00	Director	$0	$0	$0
Anthony L Suchman	Director	1.00	Director	$0	$0	$0
Stephanie Wojtowicz	Director	1.00	Director	$0	$0	$0
Kathleen Bonvicini	CEO	40.00	Officer	$147,192	$0	$147,192

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
2020	$644,214	$690,435	$37,528	$-46,221
2019	$1,020,674	$1,084,664	$80,396	$-63,990
2018	$922,173	$1,072,808	$188,211	$-150,635

Institute for Healthcare Communication