ALTARUM INSTITUTE (EIN 381983442) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

MICHAEL MONSON

Phone

7343024600

Tax Period

2023-01-01 to 2023-12-31

ALTARUM INSTITUTE, founded in 1972, is a mid-sized nonprofit in the Science & Technology sector that reported $32.8M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $37.2M exceeded revenue, resulting in a 13% operating deficit.

Mission

ALTARUM IS FOCUSED ON IMPROVING THE HEALTH OF INDIVIDUALS WITH FEWER FINANCIAL RESOURCES AND POPULATIONS DISENFRANCHISED BY THE HEALTH CARE SYSTEM. WE TRANSFORM HEALTH CARE POLICIES INTO REAL-WORLD PRACTICE, PARTNERING WITH FEDERAL, STATE, AND LOCAL HEALTH AGENCIES AND ASSOCIATIONS TO HELP THEM ACHIEVE THEIR STRATEGIC PRIORITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $30,084,212

Program Service Revenue $4,257,980

Investment Income $-1,217,350

Other Revenue $-287,789

TOTAL REVENUE $32,837,053

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,789,329

Fundraising Expenses $1,275,384

Program Expenses $19,317,205

Other Expenses $14,413,246

TOTAL EXPENSES $37,202,575

Year-over-Year Comparison

	2023	2022	Change
Revenue	$32,837,053	$47,131,892	-0.3%
Expenses	$37,202,575	$42,029,762	-0.1%
Net Income	$-4,365,522	$5,102,130	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

240

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

$2,845,738

Total Directors

$1,155,991

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GUY FISH END 42023	CHAIRMAN TRUSTEE	3.00	Director	$17,000	$0	$17,000
JOSEPH FIFER	CHAIRMAN TRUSTEE	3.00	Director	$46,667	$0	$46,667
LINDA ELAM	TRUSTEE	3.00	Director	$38,000	$0	$38,000
ROSEMARY GIBSON	TRUSTEE	3.00	Director	$31,000	$0	$31,000
JENNIE CHIN HANSEN	TRUSTEE	3.00	Director	$38,000	$0	$38,000
KELVIN WOMACK	TRUSTEE	3.00	Director	$35,667	$0	$35,667
MELANIE BELLA	TRUSTEE	3.00	Director	$31,000	$0	$31,000
BRUCE VLADECK	TRUSTEE	3.00	Director	$31,000	$0	$31,000
THOMAS RANESE	TRUSTEE	1.00	Director	$31,000	$0	$31,000
MICHAEL MONSON	PRESIDENT AND CEO	40.00	Officer Director	$822,682	$33,975	$856,657
DENISE STURM	EVP & CFO	40.00	Officer	$439,527	$18,040	$457,567
MALESA LITTERAL	EVP & CAO	40.00	Officer	$428,628	$32,545	$461,173
LAURA SANKEY	EVP & CSO	40.00	Officer	$335,279	$29,527	$364,806
TARA FOWLER	VICE PRESIDENT	40.00	Officer	$252,318	$14,636	$266,954
TRACY LAWYER	SECRETARY	40.00	Officer	$237,297	$29,846	$267,143
SUSAN HAYASHI	VICE PRESIDENT	40.00	Officer	$166,471	$4,967	$171,438
DAVID BANKS END 42624	SENIOR DIRECTOR	40.00	Highest	$256,209	$15,937	$272,146
RAYMOND TABACZKA JR	CORPORATE DIRECTOR	40.00	Highest	$192,814	$34,968	$227,782
BARBARA SPADFORE	SENIOR PROJECT MANAGER	40.00	Highest	$189,786	$23,023	$212,809
KRISTINA AZEEM	SENIOR DIRECTOR	40.00	Highest	$187,724	$4,053	$191,777
AL WENDT END 111523	CORPORATE MANAGER	40.00	Highest	$208,390	$-50,228	$158,162
LINCOLN SMITH END 3322	FORMER SENIOR VICE PRESIDENT	0.00		$550,000	$0	$550,000
RICK KELLER END 120122	FORMER VICE PRESIDENT	0.00		$242,560	$1,321	$243,881
DANIEL ARMIJO END 53121	FORMER SVP & COO	0.00		$183,686	$0	$183,686
DAVID ROBERTSON END 4422	FORMER SVP & CFO	0.00		$135,943	$0	$135,943

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	$32,837,053	$37,202,575	$59,064,497	$-4,365,522
2022	$47,131,892	$42,029,762	$67,147,281	$5,102,130
2021	$34,183,665	$38,100,950	$56,576,753	$-3,917,285
2019	$50,041,977	$50,758,019	$64,267,064	$-716,042
2018	$50,692,252	$50,876,276	$67,414,210	$-184,024

ALTARUM INSTITUTE