INSTITUTE FOR HEALTHCARE ADVANCEME… - Form 990 Financial Data

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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

1991

Legal Domicile

Principal Officer

RONALD CHOW

Phone

5626904001

Tax Period

2023-01-01 to 2023-12-31

INSTITUTE FOR HEALTHCARE ADVANCEMENT, founded in 1991, is a community nonprofit in the Health Care sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 102% from the prior year, signaling strong growth momentum. Expenses of $5.4M exceeded revenue, resulting in a 83% operating deficit.

Mission

IHA'S MISSION IS "EMPOWERING PEOPLE TO BETTER HEALTH" THROUGH SOCIAL SERVICES, EDUCATION AND HEALTHCARE INFORMATION DELIVERY SERVICES, AND LEARNING AND NETWORKING OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $1,003,433 Revenue: $852,789

PUBLICATIONS - IHA WRITES AND PUBLISHES THE WHAT TO DO FOR HEALTH BOOK SERIES, SELF-HELP HEALTH BOOKS WRITTEN AT A 3RD TO 5TH GRADE READING LEVEL. EACH BOOK IN THIS EASY-TO-READ, EASY TO-USE SERIES IS WELL ORGANIZED, WITH ACCOMPANYING ILLUSTRATIONS, AND INFORMATION PRESENTED WITH FOUR BASIC QUESTIONS: WHAT IS IT? WHAT DO I SEE? WHAT CAN I DO AT HOME? AND WHEN DO INEED TO CALL THE NURSE OR DOCTOR? ALL TITLES ARE AVAILABLE IN ENGLISH OR SPANISH, AND SEVERALTITLES ARE ALSO AVAILABLE IN OTHER TRANSLATIONS INCLUDING BURMESE, CHINESE, KOREAN, ORVIETNAMESE. TO DATE, OVER 6 MILLION BOOKS HAVE BEEN SOLD THROUGHOUT THE UNITED STATES ANDINTERNATIONALLY. ADDITIONALLY, IHA HAS LAUNCHED A "MICRO-PUB" SERIES, SMALLER/SHORTERPUBLICATIONS FOCUSING ON CHRONIC HEALTH CONDITIONS (SUCH AS DIABETES AND HIGH BLOOD PRESSURE)AND MENTAL HEALTH ISSUES (INCLUDING ANXIETY).

Program 2

Expenses: $812,133

LA HABRA FAMILY RESOURCE CENTER - THIS PROGRAM PROVIDES A COMPLETE, FAMILY-CENTERED SUPPORT SYSTEM, WORKING WITH COMMUNITY RESOURCES THAT CAN ADDRESS THE HEALTH, EMOTIONAL, SOCIAL, AND ENVIRONMENTAL NEEDS OF CHILDREN AND THEIR FAMILIES THROUGHOUT NORTH ORANGE COUNTY. SERVICES UNDER THIS PROGRAM INCLUDE: FAMILY ADVOCACY, PARENTING EDUCATION CLASSES, DOMESTIC VIOLENCE AND CHILD ABUSE PREVENTION EFFORTS, INFORMATION AND REFERRAL SERVICES, INDIVIDUAL/FAMILY/GROUP COUNSELING, LEGAL HELP, AND MORE.

Program 3

Expenses: $1,149,240 Revenue: $595,378

HEALTH LITERACY PROGRAMS - A FEE-BASED CONSULTING SERVICE IS AVAILABLE TO ORGANIZATIONS WISHING TO MAKE THEIR HEALTH INFORMATION MORE ACCESSIBLE, UNDERSTANDABLE, AND USABLE TO THEIR AUDIENCE...

HEALTH LITERACY PROGRAMS - A FEE-BASED CONSULTING SERVICE IS AVAILABLE TO ORGANIZATIONS WISHING TO MAKE THEIR HEALTH INFORMATION MORE ACCESSIBLE, UNDERSTANDABLE, AND USABLE TO THEIR AUDIENCE. REWRITING SERVICES, TRAININGS, HEALTH LITERACY SYSTEMS INTEGRATION, AND PROGRAM IMPLEMENTATION ARE OFFERED. THE INSTITUTE LAUNCHED "HEALTH LITERACY RESEARCH AND PRACTICE" IN 2017, AN OPEN ACCESS, PEER-REVIEWED ONLINE JOURNAL, TO SERVE HEALTH LITERACY PROFESSIONALS.IHA DEVELOPED A PORTAL FOR HEALTH LITERACY PROFESSIONALS, THE HEALTH LITERACY SOLUTIONS CENTER. THIS PORTAL PROVIDES HEALTH LITERACY PROFESSIONALS A WAY TO NETWORK WITH ONE ANOTHER, ADVANCE THEIR PROFESSIONAL DEVELOPMENT, FIND, AND SHARE RESOURCES, AND PARTICIPATE IN EDUCATIONAL ACTIVITIES. MEMBERSHIP ON THE SITE IS FREE. THE SITE ALSO HOSTS A DISCUSSION LIST, WITH A BASE OF MORE THAN 16,000 HEALTH LITERACY PROFESSIONALS. IN ADDITION, IHA LAUNCHED ITSASSESSMENT-BASED HEALTH LITERACY SPECIALIST CERTIFICATE FOR HEALTH LITERACY PROFESSIONALS IN NOVEMBER 2021.

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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 (2023)

Revenue Breakdown

Contributions & Grants $697,598

Program Service Revenue $1,554,862

Investment Income $719,772

Other Revenue $0

TOTAL REVENUE $2,972,232

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $3,182,047

Fundraising Expenses $0

Program Expenses $4,458,736

Other Expenses $2,247,138

TOTAL EXPENSES $5,444,185

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,972,232	$1,474,264	+1.0%
Expenses	$5,444,185	$5,048,338	+0.1%
Net Income	$-2,471,953	$-3,574,074	-0.3%

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

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

$1,767,784

Total Directors

$915,108

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALBERT E BARNETT MD	CHAIRMAN (LEFT DEC 2023)	20.00	Officer Director	$307,117	$27,549	$334,666
MICHAEL VILLAIRE MSLM	CEO AND PRESIDENT	40.00	Officer Director	$503,274	$77,168	$580,442
S ERIC ANDERSON PHD MBA	DIRECTOR	2.00	Director	$0	$0	$0
KAMBIZ ARMAN MD	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE S GOLDSTEIN PHD	DIRECTOR (LEFT JAN 2023)	2.00	Director	$0	$0	$0
BARBARA PRICE MBA	DIRECTOR	2.00	Director	$0	$0	$0
DUANE SAIKAMI PHARMD MBA	DIRECTOR (LEFT AUG 2023)	2.00	Director	$0	$0	$0
LINDA NEUHAUSER DRPH	DIRECTOR	2.00	Director	$0	$0	$0
WILMA ALVARADO-LITTLE MA MSW	DIRECTOR	2.00	Director	$0	$0	$0
RONALD CHOW MBA	CFO	40.00	Officer	$252,433	$15,497	$267,930
NICHOLAS COLLATOS	COO	40.00	Officer	$280,521	$21,205	$301,726
MARIAN RYAN PHD MA MPH	CHIEF POLICY & RESEARCH	40.00	Officer	$268,075	$14,945	$283,020
MARIO MELIA	DIRECTOR OF IT	40.00	Highest	$137,523	$7,357	$144,880
RACHEL ROBERTS MPH CHES	COMM HEALTH ENGAGEMENT	40.00	Highest	$116,471	$8,285	$124,756
BETH L SCOTT	SALES & MARKETING DIRECTOR	40.00	Highest	$106,743	$6,083	$112,826

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	$2,972,232	$5,444,185	$23,668,312	$-2,471,953
2022	$1,474,264	$5,048,338	$24,348,402	$-3,574,074
2021	$8,235,248	$5,315,822	$30,635,904	$2,919,426
2020	$1,168,382	$5,355,548	$25,802,359	$-4,187,166
2019	$4,328,128	$5,451,847	$27,533,416	$-1,123,719
2018	$2,644,479	$4,687,638	$26,412,480	$-2,043,159

INSTITUTE FOR HEALTHCARE ADVANCEMENT