INSTITUTE FOR CLINICAL SYSTEMS IMPROVEMENT

EIN: 411782168 501(c)(3)

BLOOMINGTON, MN

Total Revenue
$-19,823
Total Expenses
$648,801
Total Assets
N/A
Net Assets
N/A
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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
MN
Principal Officer
BRETT HENTGES
Phone
9528147060
Tax Period
2022-01-01 to 2022-11-15

INSTITUTE FOR CLINICAL SYSTEMS IMPROVEMENT, founded in 1993, is a micro nonprofit that reported $20K in total revenue in fiscal year 2022. Revenue fell 101% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF THE INSTITUTE FOR CLINICAL SYSTEMS IMPROVEMENT (ICSI) IS TO CHAMPION THE CAUSE OF HEALTH CARE QUALITY AND TO ACCELERATE IMPROVEMENT IN THE VALUE OF THE HEALTH CARE ITS STAKEHOLDERS DELIVER TO THE POPULATIONS THEY SERVE.

Program Service Accomplishments

Program 1
Expenses: $85,227

ICSI DECIDED TO CEASE OPERATIONS IN 2021, THERE WAS NO NEW ACTIVITY IN 2022 OUTSIDE OF DISOLVING THE ORGANIZATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-19,823
Other Revenue $0
TOTAL REVENUE $-19,823

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $85,227
Other Expenses $648,801
TOTAL EXPENSES $648,801

Year-over-Year Comparison

2022 2021 Change
Revenue $-19,823 $1,571,505 -1.0%
Expenses $648,801 $1,595,423 -0.6%
Net Income $-668,624 $-23,918 +27.0%
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
12
Independent Members
12
Employees
N/A
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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETH M AVERBECK MD DIRECTOR 0.50
Director
$0 $0 $0
OYEBODE TAIWO MD VICE CHAIR & DIRECTOR 0.50
Officer Director
$0 $0 $0
BRETT HENTGES DIRECTOR & CFO 0.50
Officer Director
$0 $0 $0
BRIAN H RANK MD DIRECTOR & SECRETARY 0.50
Officer Director
$0 $0 $0
BURKE KEALEYMD DIRECTOR 0.50
Director
$0 $0 $0
CLAIRE NEELY MD CEO & DIRECTOR 0.50
Officer Director
$0 $0 $0
JULIE SONIER DIRECTOR 0.50
Director
$0 $0 $0
KARA TOMLINSON MD CHAIR & DIRECTOR 0.50
Officer Director
$0 $0 $0
KRISTEN M KOPSKI MD DIRECTOR 0.50
Director
$0 $0 $0
NATHAN CHOMILO MD DIRECTOR 0.50
Director
$0 $0 $0
PATRICK T COURNEYA MD DIRECTOR 0.50
Director
$0 $0 $0
THOMAS LINDQUIST DIRECTOR 0.50
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
2022 $-19,823 $648,801 No data $-668,624
2021 $1,571,505 $1,595,423 $1,590,547 $-23,918
2020 $1,668,734 $1,752,297 $1,747,373 $-83,563
2019 $2,601,733 $2,190,628 $1,897,636 $411,105
2018 $2,792,000 $2,577,289 $1,388,240 $214,711
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