BROADREACH INSTITUTE FOR TRAINING AND EDUCATION INC

EIN: 271110855 501(c)(3)

NEW YORK, NY

Total Revenue
$483,948
Total Expenses
$574,313
Total Assets
$58,102
Net Assets
$-30,528
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
DE
Principal Officer
IRIS MWANZA
Phone
6462762666
Tax Period
2018-01-01 to 2018-12-31

BROADREACH INSTITUTE FOR TRAINING AND EDUCATION INC, founded in 2009, is a small nonprofit that reported $484K in total revenue in fiscal year 2018. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $574K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE BROADREACH INSTITUTE FOR TRAINING AND EDUCATION (BRITE) IS A NON-PROFIT ORGANIZATION THAT PROVIDES PREMIER MANAGEMENT AND LEADERSHIP, TECHNICAL AND CLINICAL TRAINING TO HEALTH PROFESSIONALS IN DEVELOPING COUNTRIES. OUR MISSION IS TO EMPOWER (SEE CONT. ON SCH. O) HEALTH WORKERS TO LEAD, MANAGE AND SOLVE REAL-WORLD PROBLEMS TO TRANSFORM HEALTHCARE. OUR INNOVATIVE TRAINING AND EDUCATION TEACHES HEALTH WORKERS HOW TO IMPROVE HEALTH SERVICES AND BUILD SYSTEMS THAT YIELD BETTER HEALTH OUTCOMES.

Program Service Accomplishments

Program 1
Expenses: $402,850 Revenue: $5,087

BROADREACH INSTITUTE FOR TRAINING AND EDUCATION (BRITE) INTRODUCED THE MANAGEMENT AND LEADERSHIP ACADEMY (MLA) WITH THE OVERALL GOAL TO EQUIP HEALTHCARE PROFESSIONALS WITH THE SKILLS, EXPERIENCE, AND...

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BROADREACH INSTITUTE FOR TRAINING AND EDUCATION (BRITE) INTRODUCED THE MANAGEMENT AND LEADERSHIP ACADEMY (MLA) WITH THE OVERALL GOAL TO EQUIP HEALTHCARE PROFESSIONALS WITH THE SKILLS, EXPERIENCE, AND KNOWLEDGE TO LEAD, MANAGE, OWN AND TRANSFORM HEALTHCARE DELIVERY FOR A FUNDAMENTALLY IMPROVED HEALTHCARE SYSTEM. BRITE TEACHES THIS SPECIALIZED MLA SYLLABUS TO PUBLIC HEALTHCARE PROFESSIONALS USING A COMBINATION OF WORKSHOPS, MENTORSHIPS AND CASE STUDIES. THE MLA BUILDS CAPACITY IN AREAS INCLUDING: PLANNING, PROJECT MANAGEMENT, PROBLEM SOLVING, SUPPLY CHAIN MANAGEMENT, STRATEGIC INFORMATION MANAGEMENT, HUMAN RESOURCE AND FINANCIAL MANAGEMENT.THE BRITE MANAGEMENT AND LEADERSHIP ACADEMY (MLA) IS AN INTEGRAL PART OF NATIONAL CAPACITY BUILDING AND HEALTH SYSTEM STRENGTHENING. TO DATE, IT HAS ACHIEVED THE FOLLOWING:- DEVELOPED A SPECIALIZED MANAGEMENT AND LEADERSHIP CURRICULUM FOR HEALTH CARE PROFESSIONALS IN DEVELOPING COUNTRIES- DEVELOPED AND IMPLEMENTED ONLINE TRAINING MODULES- TRAINED OVER 1,500 PUBLIC HEALTH PROFESSIONALS IN MLA- TRAINED 500 TRAINERS OF THE MLA PROGRAM

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $459,471
Program Service Revenue $5,087
Investment Income $19,390
Other Revenue $0
TOTAL REVENUE $483,948

Expense Breakdown

Grants Paid $0
Salaries & Benefits $322,246
Fundraising Expenses $0
Program Expenses $402,850
Other Expenses $252,067
TOTAL EXPENSES $574,313

Year-over-Year Comparison

2018 2017 Change
Revenue $483,948 $878,141 -0.4%
Expenses $574,313 $873,386 -0.3%
Net Income $-90,365 $4,755 -20.0%
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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Governance

Voting Members
5
Independent Members
4
Employees
1
Volunteers
5

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
4
$170,340
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY L STURCHIO CHAIRMAN 2.00
Officer Director
$0 $0 $0
LYNDA SCHUBERT BODMAN SECRETARY 2.00
Officer Director
$0 $0 $0
ALICE E RICHMOND TREASURER 2.00
Officer Director
$0 $0 $0
JED BEITLER BOARD MEMBER 2.00
Director
$0 $0 $0
DEBREWORK ZEWDIE BOARD MEMBER 2.00
Director
$0 $0 $0
IRIS MWANZA PRESIDENT & EXEC. DIRECTOR 40.00
Officer
$155,537 $14,803 $170,340
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
2018 $483,948 $574,313 $58,102 $-90,365
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