Health Frontiers (EIN 341694322) - 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

1991

Legal Domicile

Principal Officer

Erik Torjesen

Phone

6124628668

Tax Period

2024-10-01 to 2025-09-30

Health Frontiers, founded in 1991, is a small nonprofit in the International Affairs sector that reported $110K in total revenue in fiscal year 2024. Expenses of $127K exceeded revenue, resulting in a 16% operating deficit.

Mission

HEALTH FRONTIERS IS A VOLUNTEER OUTREACH OF HEALTH PROFESSIONALS FOCUSED ON MEDICAL EDUCATION IN LAOS AND THE SPECIAL NEEDS OF CHILDREN IN DISASTERS.

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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 $94,333

Program Service Revenue $0

Investment Income $15,704

Other Revenue $0

TOTAL REVENUE $110,037

Expense Breakdown

Grants Paid $81,543

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $127,237

Other Expenses $45,920

TOTAL EXPENSES $127,463

Year-over-Year Comparison

	2024	2023	Change
Revenue	$110,037	$104,149	+0.1%
Expenses	$127,463	$165,662	-0.2%
Net Income	$-17,426	$-61,513	-0.7%

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
ERIK TORJESEN	PRESIDENT	2.00	Officer Director	$0	$0	$0
KRISTINE TORJESEN MD	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
GEORGINE BUSCH	TREASURER	1.00	Officer Director	$0	$0	$0
HAKON TORJESEN	PAST PRESIDENT	1.00	Director	$0	$0	$0
MELANIE ANSPACHER MD	BOARD MEMBER	1.00	Director	$0	$0	$0
ELIZABETH CLARKE MD	BOARD MEMBER	2.00	Director	$0	$0	$0
MARISA HERRAN MD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINE JOHNS MD	BOARD MEMBER	2.00	Director	$0	$0	$0
BRYAN WATT	BOARD MEMBER	4.00	Director	$0	$0	$0
KAREN OLNESS MD	MEDICAL DIRECTOR	4.00	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	$110,037	$127,463	$329,811	$-17,426
2024	$104,149	$165,662	$322,719	$-61,513
2023	$86,743	$117,496	$329,978	$-30,753
2022	$258,673	$111,268	$367,703	$147,405
2021	$45,324	$104,286	$221,480	$-58,962
2020	$52,510	$119,015	$264,568	$-66,505
2019	$271,520	$140,733	$318,603	$130,787
2018	$110,000	$187,867	$188,392	$-77,867

Health Frontiers