HEALTHPARTNERS INSTITUTE (EIN 411670163) - 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

1997

Legal Domicile

Principal Officer

NICO P PRONK PHD

Phone

9528836584

Tax Period

2023-01-01 to 2023-12-31

HEALTHPARTNERS INSTITUTE, founded in 1997, is a mid-sized nonprofit in the Health Care sector that reported $52.6M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO DISCOVER AND ACCELERATE THE USE OF KNOWLEDGE TO IMPROVE THE HEALTH OF OUR COMMUNITY.

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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 $4,625,566

Program Service Revenue $44,311,500

Investment Income $3,686,997

Other Revenue $0

TOTAL REVENUE $52,624,063

Expense Breakdown

Grants Paid $16,083

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,444,067

Other Expenses $53,393,442

TOTAL EXPENSES $53,409,525

Year-over-Year Comparison

	2023	2022	Change
Revenue	$52,624,063	$46,063,276	+0.1%
Expenses	$53,409,525	$46,056,238	+0.2%
Net Income	$-785,462	$7,038	-112.6%

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

$3,555,729

Total Directors

$4,867,158

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL DOHERTY PHD	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN CULICAN	DIRECTOR	1.00	Director	$0	$0	$0
TASHA M GASTONY PA	DIRECTOR	1.00	Director	$0	$63,096	$321,925
DENIS CLOHISY MD	DIRECTOR	1.00	Director	$0	$0	$0
DAVID LAGERSTROM	DIRECTOR & CHAIR	1.50	Officer Director	$0	$0	$0
GLEN GUNDERSON	DIRECTOR	1.00	Director	$0	$0	$0
BRET C HAAKE MD	DIRECTOR	1.00	Director	$0	$113,054	$843,622
CARA M HULL	DIRECTOR	1.00	Director	$0	$69,580	$660,219
NICO P PRONK PHD	DIRECTOR & PRESIDENT	42.00	Officer Director	$0	$141,287	$654,030
STEVEN JACKSON MD	DIRECTOR	1.00	Director	$0	$62,084	$535,609
PAHOUA YANG PHD	DIRECTOR	1.00	Director	$0	$0	$0
VIRGINIA L KAKACEK MD	DIRECTOR & VICE CHAIR (JULY-DEC)	1.00	Officer Director	$0	$77,058	$594,232
ALITA RISINGER	DIRECTOR & CFO & TREASURER	1.00	Officer Director	$0	$112,052	$686,286
PATRICK T COURNEYA	DIRECTOR & VICE CHAIR (JAN-JUNE)	0.50	Officer Director	$0	$76,938	$571,235
NANCY L EVERT	BRD SCTRY - GNRL COUNSEL	1.00	Officer	$0	$238,674	$1,049,946
HEIDI G CONRAD	FORMER CFO	0.00		$0	$46,240	$226,148

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	$52,624,063	$53,409,525	$83,329,764	$-785,462
2022	$46,063,276	$46,056,238	$78,221,973	$7,038
2021	$47,741,048	$41,701,223	$92,324,263	$6,039,825
2020	$45,559,758	$41,224,719	$85,408,406	$4,335,039
2019	$46,592,529	$45,421,997	$75,133,860	$1,170,532
2018	$44,204,721	$44,542,523	$65,793,098	$-337,802

HEALTHPARTNERS INSTITUTE