Healthcare Initiatives Inc

EIN: 351392974 501(c)(3) Health Care

Indianapolis, IN

Total Revenue
$476,922
Total Expenses
$1,080,266
Total Assets
$18,907,739
Net Assets
$16,884,543
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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
1974
Legal Domicile
IN
Phone
3178054869
Tax Period
2018-01-01 to 2018-12-31

Healthcare Initiatives Inc, founded in 1974, is a small nonprofit in the Health Care sector that reported $477K in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.1M exceeded revenue, resulting in a 127% operating deficit.

Mission

TO SUPPORT THE ADVANCEMENT OF HUMAN HEALTH AND WELL-BEING.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $431,233
Other Revenue $45,689
TOTAL REVENUE $476,922

Expense Breakdown

Grants Paid $500,000
Salaries & Benefits $205,554
Fundraising Expenses $0
Program Expenses $749,363
Other Expenses $374,712
TOTAL EXPENSES $1,080,266

Year-over-Year Comparison

2018 2017 Change
Revenue $476,922 $437,714 +0.1%
Expenses $1,080,266 $970,036 +0.1%
Net Income $-603,344 $-532,322 +0.1%
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
5
Independent Members
5
Employees
1
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
3
$129,750
Total Directors
5
$119,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Vice Chairman / Treasurer 10.0
Officer Director
$29,000 $0 $29,000
N/A SECRETARY 2.0
Officer Director
$21,000 $0 $21,000
N/A CHAIRMAN 4.0
Director
$27,000 $0 $27,000
N/A Director 2.0
Director
$21,000 $0 $21,000
N/A DIRECTOR 2.0
Director
$21,000 $0 $21,000
N/A President / Executive Director 30.0
Officer
$79,750 $0 $79,750
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
2018 $476,922 $1,080,266 $18,907,739 $-603,344
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