MEDICAL AID TO HAITI INC (EIN 264757226) - 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

KEVIN HUGHES

Phone

8607607009

Tax Period

2024-01-01 to 2024-12-31

MEDICAL AID TO HAITI INC, founded in 2009, is a small nonprofit in the Health Care sector that reported $276K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $314K exceeded revenue, resulting in a 14% operating deficit.

Mission

HELPING HAITIANS HEAL HAITIANS BY PROVIDING NEEDED RESOURCES FOR CARE AND TREATMENT OF THEIR POOR.

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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 $268,237

Program Service Revenue $0

Investment Income $8,619

Other Revenue $-921

TOTAL REVENUE $275,935

Expense Breakdown

Grants Paid $269,050

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $293,596

Other Expenses $45,205

TOTAL EXPENSES $314,255

Year-over-Year Comparison

	2024	2023	Change
Revenue	$275,935	$219,390	+0.3%
Expenses	$314,255	$364,284	-0.1%
Net Income	$-38,320	$-144,894	-0.7%

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

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
RICHARD THIBADEAU	PRESIDENT	5.00	Officer Director	$0	$0	$0
ANNE DORVILLIERS	CHAIR/SECRETARY	10.00	Officer Director	$0	$0	$0
KEVIN HUGHES	TREASURER	2.00	Officer Director	$0	$0	$0
JOHN CHAPMAN	TREASURER UNTIL 07/2024	2.00	Officer Director	$0	$0	$0
DR MICHAEL R BOURQUE	MEMBER	5.00	Director	$0	$0	$0
VICTOR DOWLING	MEMBER	2.00	Director	$0	$0	$0
DR THOMAS H GORIN	MEMBER	2.00	Director	$0	$0	$0
MARGARET LEVASSEUR RN	MEMBER	2.00	Director	$0	$0	$0
GIULIANA MUSILLI	MEMBER	2.00	Director	$0	$0	$0
DR GERALD GALIPEAU DMIN	MEMBER	2.00	Director	$0	$0	$0
DR SACHIN PAREKH	MEMBER	2.00	Director	$0	$0	$0
PIERRE ANTOINE	MEMBER	2.00	Director	$0	$0	$0
GILBERT WILKENS MD	MEMBER	2.00	Director	$0	$0	$0
VICTORIA VELTRI JD LLM	MEMBER UNTIL 02/2024	2.00	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	$275,935	$314,255	$313,585	$-38,320
2023	$219,390	$364,284	$351,905	$-144,894
2022	$415,984	$277,406	$496,799	$138,578
2021	$389,354	$265,870	$358,221	$123,484
2020	$216,619	$327,154	$234,737	$-110,535
2019	$428,009	$362,512	$345,272	$65,497
2018	$338,123	$309,229	$279,775	$28,894

MEDICAL AID TO HAITI INC