INDIANA HEALTH INDUSTRY FORUMINC

EIN: 351955274

INDIANAPOLIS, IN

Total Revenue
$225,772
Total Expenses
$246,505
Total Assets
$634,067
Net Assets
$634,067
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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
1993
Legal Domicile
IN
Principal Officer
KRISTIN JONES
Phone
3176860991
Tax Period
2023-01-01 to 2023-12-31

INDIANA HEALTH INDUSTRY FORUMINC, founded in 1993, is a small nonprofit that reported $226K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Net assets of $634K represent 34 months of operating reserves.

Mission

IT IS OUR MISSION TO SECURE INDIANA'S POSITION AS A GLOBAL LEADER IN LIFE SCIENCES BY ADVOCATING, CONNECTING, PROMOTING, AND DELIVERING TANGIBLE BENEFITS ON BEHALF OF OUR DIVERSE CORPORATE MEMBERS.

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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 $15,913
Program Service Revenue $209,847
Investment Income $12
Other Revenue $0
TOTAL REVENUE $225,772

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,540
Fundraising Expenses $0
Other Expenses $118,965
TOTAL EXPENSES $246,505

Year-over-Year Comparison

2023 2022 Change
Revenue $225,772 $363,300 -0.4%
Expenses $246,505 $208,770 +0.2%
Net Income $-20,733 $154,530 -1.1%
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
13
Independent Members
13
Employees
1
Volunteers
13

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
5
$95,462
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN JONES PRESIDENT 40.00
Officer
$94,862 $600 $95,462
ANDY COTHREL TREASURER 1.00
Officer Director
$0 $0 $0
ROGER HARVEY BOARD CHAIR 1.00
Officer Director
$0 $0 $0
DALE BUUCK SECRETARY 1.00
Officer Director
$0 $0 $0
N/A BOARD CHAIR 1.00
$0 $0 $0
DEBORAH POLLACK-MILGATE VICE-CHAIR 1.00
Officer Director
$0 $0 $0
DIANA CALDWELL BOARD MEMBER 1.00
Director
$0 $0 $0
JUSTIN RENFROW BOARD MEMBER 1.00
Director
$0 $0 $0
MELANIE DEFORD BOARD MEMBER 1.00
Director
$0 $0 $0
TONY ARMSTRONG BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF VALLERGA BOARD MEMBER 1.00
Director
$0 $0 $0
KAY TOWNSEND BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN BROCK WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID SHENBERGER BOARD MEMBER 1.00
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
2024 No data No data No data No data
2023 $225,772 $246,505 $634,067 $-20,733
2022 $363,300 $208,770 $654,800 $154,530
2021 $444,810 $169,560 $500,270 $275,250
2020 $218,615 $192,236 $225,020 $26,379
2019 $259,828 $204,091 $198,635 $55,737
2018 $216,945 $177,731 $142,530 $39,214
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