INTERNATIONAL HEALTH ECONOMICS ASS… - 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

1993

Legal Domicile

Principal Officer

Diane McIntyre

Phone

4169443183

Tax Period

2024-09-01 to 2025-08-31

INTERNATIONAL HEALTH ECONOMICS ASSOCIATION, founded in 1993, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 700% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 10% surplus.

Mission

iHEA was formed in 1993 to increase communication among health economists, foster a higher standard of debate in the application of economics to health and health care systems, and assist young researchers at the start of their careers.

Program Service Accomplishments

Program 1

Expenses: $1,225,765 Revenue: $1,034,080

Published and distributed 12 monthly newsletters to over 1,600 members and distributed other information of value to the profession via electronic means. Provided awards to students, early career and experienced researchers who perform ground-breaking research into health economics issues. Maintained a repository of training materials which are made available as Open Educational Resources to promote quality health economics teaching around the world. Organized Special Interest Groups to facilitate networking and sharing of knowledge and skills between health economists with common interests. Organized a webinar series. Organized a mentoring program to support early- and mid-career health economists in their professional development, and a Fellowship Program to strenghten research capacity. Organization for a biennial global conference in which health economics researchers and teachers, policy makers, industry professionals and students gather to discuss current research and health system developments.

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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 (2024)

Revenue Breakdown

Contributions & Grants $189,140

Program Service Revenue $1,166,567

Investment Income $50,009

Other Revenue $0

TOTAL REVENUE $1,405,716

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $6,987

Program Expenses $1,225,765

Other Expenses $1,263,705

TOTAL EXPENSES $1,263,705

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,405,716	$175,650	+7.0%
Expenses	$1,263,705	$175,690	+6.2%
Net Income	$142,011	$-40	-3551.3%

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

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

$63,415

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kara Hanson	President	2.00	Officer Director	$0	$0	$0
Virginia Wiseman	President-Elect	2.00	Director	$0	$0	$0
Audrey Laporte	Past President	2.00	Director	$0	$0	$0
Claire de Oliveira	Treasurer	2.00	Officer Director	$0	$0	$0
Mehdi Ammi	Director	2.00	Director	$0	$0	$0
John Ataguba	Director	2.00	Director	$0	$0	$0
Priya Bhagowalia	Director	2.00	Director	$0	$0	$0
Josephine Borghi	Director	2.00	Director	$0	$0	$0
James Buchanan	Director	2.00	Director	$0	$0	$0
John Cawley	Director	2.00	Director	$0	$0	$0
Sonja de New	Director	2.00	Director	$0	$0	$0
Ama Fenny	Director	2.00	Director	$0	$0	$0
Aleksandra Torbica	Director	2.00	Director	$0	$0	$0
Tiara Marthias	Director	2.00	Director	$0	$0	$0
Shiko Maruyama	Director	2.00	Director	$0	$0	$0
Paul Andres Rodriquez Lesmes	Director	2.00	Director	$0	$0	$0
Di McIntyre	Executive Director	20.00	Officer	$0	$63,415	$63,415

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	$1,405,716	$1,263,705	$1,184,753	$142,011
2024	$175,650	$175,690	$1,011,115	$-40
2023	$1,054,858	$888,946	$1,069,739	$165,912
2022	$177,881	$228,383	$805,716	$-50,502
2021	$559,197	$426,363	$902,480	$132,834
2020	$187,182	$201,880	$691,447	$-14,698
2019	$1,153,006	$1,096,569	$765,991	$56,437

INTERNATIONAL HEALTH ECONOMICS ASSOCIATION