MyHealth Access Network Inc

EIN: 271660936 501(c)(3) Health Care

Tulsa, OK

Total Revenue
$4,531,674
Total Expenses
$5,227,449
Total Assets
$2,914,229
Net Assets
$2,277,377
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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
2011
Legal Domicile
OK
Phone
9182363434
Tax Period
2023-01-01 to 2023-12-31

MyHealth Access Network Inc, founded in 2011, is a community nonprofit in the Health Care sector that reported $4.5M in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $5.2M exceeded revenue, resulting in a 15% operating deficit.

Mission

MYHEALTH ACCESS NETWORK, INC IS A CONSORTIUM OF ORGANIZATIONS WHO HAVE COME TOGETHER TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF ALL OKLAHOMANS THROUGH THE ESTABLISHMENT OF HEALTH INFORMATION EXCHANGE IN THE STATE OF OKLAHOMA

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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 (2023)

Revenue Breakdown

Contributions & Grants $296,849
Program Service Revenue $4,163,721
Investment Income $12,306
Other Revenue $58,798
TOTAL REVENUE $4,531,674

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,520,519
Fundraising Expenses $0
Program Expenses $4,333,045
Other Expenses $2,706,930
TOTAL EXPENSES $5,227,449

Year-over-Year Comparison

2023 2022 Change
Revenue $4,531,674 $6,546,807 -0.3%
Expenses $5,227,449 $4,807,567 +0.1%
Net Income $-695,775 $1,739,240 -1.4%
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

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Governance

Voting Members
25
Independent Members
25
Employees
23
Volunteers
25

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
5
$0
Total Directors
25
$0
Key Employees
2
$374,650
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A IMMEDIATE PAST CHAIR 1.0
Officer Director
$0 $0 $0
N/A TREASURER 1.0
Officer Director
$0 $0 $0
N/A SECRETARY 1.0
Officer Director
$0 $0 $0
N/A CHAIR 1.0
Officer Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A CEO 40.0
Officer
$0 $0 $0
N/A Sr. Director of IT 40.0
Key Emp
$192,659 $7,150 $199,809
N/A Director of Data Product Development & Data Analytics 40.0
Key Emp
$168,386 $6,455 $174,841
N/A Integrations Officer 40.0
Highest
$105,000 $5,000 $110,000
N/A Sr. VP Tech Services & Compliance 40.0
Highest
$141,866 $4,258 $146,124
N/A Director of Client Services 40.0
Highest
$138,600 $5,280 $143,880
N/A Human Resources Director 40.0
Highest
$106,587 $5,057 $111,644
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 No data No data No data No data
2023 $4,531,674 $5,227,449 $2,914,229 $-695,775
2022 $6,546,807 $4,807,567 $3,372,566 $1,739,240
2021 $4,400,201 $5,305,592 $2,014,032 $-905,391
2020 $4,178,175 $5,834,394 $2,996,838 $-1,656,219
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