ANESTHESIA QUALITY INSTITUTE

EIN: 263848288 501(c)(3) Health Care

SCHAUMBURG, IL

Total Revenue
$2,714,496
Total Expenses
$2,922,520
Total Assets
$488,119
Net Assets
$12,375
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
DC
Principal Officer
MARK MANKA
Phone
8478255586
Tax Period
2024-01-01 to 2024-12-31

ANESTHESIA QUALITY INSTITUTE, founded in 2008, is a community nonprofit in the Health Care sector that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THE AQI'S MISSION IS TO DEVELOP AND MAINTAIN AN ONGOING REGISTRY OF ANESTHESIA CASES AND OUTCOMES TO HELP ANESTHESIOLOGISTS ASSESS AND IMPROVE PATIENT CARE. THE AQI IS AGGREGATING ELECTRONIC ANESTHESIA CASE DATA AND REPORTING IT BACK TO CONTRIBUTING PRACTICES, ALLOWING THEM TO BENCHMARK THEIR CARE RELATIVE TO PEER GROUPS AND OTHER HOSPITALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,122,033
Program Service Revenue $1,197,934
Investment Income $0
Other Revenue $394,529
TOTAL REVENUE $2,714,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,442,832
Fundraising Expenses $0
Program Expenses $2,605,130
Other Expenses $1,479,688
TOTAL EXPENSES $2,922,520

Year-over-Year Comparison

2024 2023 Change
Revenue $2,714,496 $2,413,428 +0.1%
Expenses $2,922,520 $2,738,630 +0.1%
Net Income $-208,024 $-325,202 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
63

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
8
$2,080,526
Total Directors
12
$14,156
Key Employees
1
$214,670
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDALL CLARK CHAIR 5.00
Officer Director
$0 $0 $0
ROBERT THOMSEN MD TREASURER 2.00
Officer Director
$0 $2,400 $2,400
CRYSTAL WRIGHT TREASURER 1.00
Officer Director
$0 $2,646 $2,646
LOIS A CONNOLLY DIRECTOR 1.00
Director
$0 $7,510 $7,510
PATRICK J MCCORMICK DIRECTOR 1.00
Director
$0 $0 $0
MARK DESHUR DIRECTOR 1.00
Director
$0 $0 $0
PATRICK GUFFEY DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLEE OLSEN DIRECTOR 1.00
Director
$0 $0 $0
SHEILA BARNETT DIRECTOR 1.00
Director
$0 $0 $0
IRVING YE DIRECTOR 1.00
Director
$0 $0 $0
JIAPENG HUANG ASA BOD REPRESENTATIVE 1.00
Director
$0 $1,600 $1,600
NEEJU RAVIKANT ASA BOD REPRESENTATIVE 1.00
Director
$0 $0 $0
MARC J BERNSTEIN AQI EXECUTIVE DIRECTOR 25.00
Officer
$0 $72,118 $388,475
BRIAN REILLY CEO/EX-OFFICIO 1.00
Officer
$0 $107,173 $734,658
MARK MANKA CFO 1.00
Officer
$0 $66,031 $340,778
LISA STEININGER CFO (THRU MARCH 2024) 1.00
Officer
$0 $23,766 $163,544
PAUL POMERANTZ EX OFFICIO 1.00
Officer
$0 $38,055 $448,025
DIANE M ZIEGENHORN AQI DIRECTOR 25.00
Key Emp
$0 $53,582 $214,670
GERARD M TARAFA AQI SR. COMPLIANCE MANAGER 40.00
Highest
$0 $40,804 $178,597
HUBERT KORDYLEWSKI AQI SYSTEMS ARCHITECT 40.00
Highest
$0 $47,929 $200,018
BENJAMIN WESTLAKE AQI SR. APP DEVELOPER MANA 40.00
Highest
$0 $29,629 $171,323
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 $2,714,496 $2,922,520 $488,119 $-208,024
2023 $2,413,428 $2,738,630 $284,268 $-325,202
2022 $2,212,897 $2,834,347 $618,027 $-621,450
2021 $2,769,196 $2,960,168 $1,043,301 $-190,972
2020 $2,505,419 $3,270,631 $1,306,058 $-765,212
2019 $4,518,960 $2,560,654 $2,907,961 $1,958,306
2018 $2,922,128 $3,093,541 $130,142 $-171,413
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ANESTHESIA QUALITY INSTITUTE with other nonprofits in Illinois and across the country.