HOSPITAL QUALITY FOUNDATION

EIN: 320246498 501(c)(3) Education

SHREWSBURY, NJ

Total Revenue
$244,127
Total Expenses
$244,060
Total Assets
$345,932
Net Assets
$3,483
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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
2007
Legal Domicile
NJ
Phone
9083053080
Tax Period
2023-01-01 to 2023-12-31

HOSPITAL QUALITY FOUNDATION, founded in 2007, is a small nonprofit in the Education sector that reported $244K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring.

Mission

TO SUPPORT MEDICAL EDUCATION AND TO ENGAGE IN SCIENTIFIC RESEARCH AND RESEARCH PROJECTS IN THE FIELD OF MEDICAL SCIENCE, MEDICAL ECONOMICS, HEALTH CARE TECHNOLOGY, PUBLIC HEALTH, SOCIOLOGY, AND RELATED AREAS.

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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 $244,060
Program Service Revenue $0
Investment Income $67
Other Revenue $0
TOTAL REVENUE $244,127

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $193,364
Other Expenses $244,060
TOTAL EXPENSES $244,060

Year-over-Year Comparison

2023 2022 Change
Revenue $244,127 $488,200 -0.5%
Expenses $244,060 $488,094 -0.5%
Net Income $67 $106 -0.4%
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
7
Independent Members
N/A
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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES V POLLACK JR Secretary 0.00
Director
$0 $0 $0
FRANKLIN MICHOTA Chairman 0.00
Director
$0 $0 $0
GEORGE CHRISTY BOARD MEMBER 0.00
Director
$0 $0 $0
JOHN FANIKOS BOARD MEMBER 0.00
Director
$0 $0 $0
DAVID TALAN BOARD MEMBER 0.00
Director
$0 $0 $0
NANCY SKINNER BOARD MEMBER 0.00
Director
$0 $0 $0
SANDRA SIECK BOARD MEMBER 0.00
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
2023 $244,127 $244,060 $345,932 $67
2022 $488,200 $488,094 $558,382 $106
2021 $753,552 $753,312 $718,224 $240
2020 $919,935 $919,935 $1,084,341 No data
2019 $1,446,147 $1,446,147 $688,790 No data
2018 $1,930,169 $1,930,169 $975,567 No data
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