GI QUALITY IMPROVEMENT CONSORTIUM LTD (EIN 264016115) - 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

2009

Legal Domicile

Principal Officer

COSTAS KEFALAS MD

Phone

3012639000

Tax Period

2024-01-01 to 2024-12-31

GI QUALITY IMPROVEMENT CONSORTIUM LTD, founded in 2009, is a community nonprofit in the Diseases & Disorders sector that reported $2.6M in total revenue in fiscal year 2024. Expenses of $3.2M exceeded revenue, resulting in a 22% operating deficit.

Mission

GIQUIC IS ENGAGED IN IMPROVING EFFICIENCY, EFFECTIVENESS AND RELIABILITY IN BENCHMARKING OF GASTROINTESTINAL DATA.

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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 $0

Program Service Revenue $2,496,013

Investment Income $131,560

Other Revenue $481

TOTAL REVENUE $2,628,054

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,027,202

Other Expenses $3,198,593

TOTAL EXPENSES $3,198,593

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,628,054	$2,671,741	0.0%
Expenses	$3,198,593	$2,454,018	+0.3%
Net Income	$-570,539	$217,723	-3.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY YEPURI MD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KATIE FARAHMD	SECRETARY	1.00	Officer Director	$0	$0	$0
COLLEEN SCHMITT MD	PRESIDENT	3.00	Officer Director	$0	$0	$0
BRETT BERNSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
AASMA SHAUKAT	DIRECTOR	1.00	Director	$0	$0	$0
JOE VICARI	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL WALLACE	DIRECTOR	1.00	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
2024	$2,628,054	$3,198,593	$5,306,550	$-570,539
2023	$2,671,741	$2,454,018	$5,297,954	$217,723
2022	$2,852,590	$2,481,760	$4,706,655	$370,830
2021	$2,690,271	$2,039,501	$4,563,310	$650,770
2020	$2,795,180	$1,886,171	$4,127,036	$909,009
2019	$2,727,334	$2,028,368	$3,312,332	$698,966
2018	$2,766,715	$1,880,023	$4,474,324	$886,692

GI QUALITY IMPROVEMENT CONSORTIUM LTD