HEALTHCARE TRANSFORMATION INSTITUTE (EIN 272406354) - 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

2010

Legal Domicile

Principal Officer

DENIS A CORTESE MD

Phone

4808841948

Tax Period

2024-07-01 to 2025-06-30

HEALTHCARE TRANSFORMATION INSTITUTE, founded in 2010, is a micro nonprofit in the Health Care sector that reported $2K in total revenue in fiscal year 2024. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $141K exceeded revenue, resulting in a 7774% operating deficit.

Mission

THE HEALTHCARE TRANSFORMATION INSTITUTE HTI IS DEDICATED TO CREATING HEALTH VALUE BY IMPROVING HEALTH OUTCOMES, ACCESS TO HEALTH SERVICES, AND THE WAY PATIENT CARE IS DELIVERED.

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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 $1,745

Program Service Revenue $0

Investment Income $42

Other Revenue $0

TOTAL REVENUE $1,787

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $126

Program Expenses $137,015

Other Expenses $140,703

TOTAL EXPENSES $140,703

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,787	$50,235	-1.0%
Expenses	$140,703	$161,557	-0.1%
Net Income	$-138,916	$-111,322	+0.2%

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
DENIS A CORTESE MD	PRESIDENT	010.00	Officer Director	$0	$0	$0
ROBERT K SMOLDT MBA	TREASURER	002.00	Officer Director	$0	$0	$0
MINDY J FAIN MD	SECRETARY	002.00	Officer Director	$0	$0	$0
MICHAEL M CROW PHD	DIRECTOR	002.00	Director	$0	$0	$0
PHILLIP B GORDON	DIRECTOR	002.00	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
2025	$1,787	$140,703	$311,652	$-138,916
2024	$50,235	$161,557	$450,568	$-111,322
2023	$277,648	$52,096	$561,890	$225,552

HEALTHCARE TRANSFORMATION INSTITUTE