IOWA COMPREHENSIVE HEALTH ASSOCIATION (EIN 421296797) - 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

1987

Legal Domicile

Principal Officer

CECIL BYKERK

Phone

4025018701

Tax Period

2023-01-01 to 2023-12-31

IOWA COMPREHENSIVE HEALTH ASSOCIATION, founded in 1987, is a community nonprofit that reported $8.5M in total revenue in fiscal year 2023. Revenue surged 465% from the prior year, signaling strong growth momentum. Expenses of $10.0M exceeded revenue, resulting in a 18% operating deficit.

Mission

PROVIDE HEALTH INSURANCE AND CASE MANAGEMENT SERVICES FOR RESIDENTS WHO ARE HIGH HEALTH RISK.

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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 $0

Program Service Revenue $8,402,162

Investment Income $104,758

Other Revenue $0

TOTAL REVENUE $8,506,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $90,000

Fundraising Expenses $0

Other Expenses $551,062

TOTAL EXPENSES $10,018,642

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,506,920	$1,506,253	+4.6%
Expenses	$10,018,642	$8,693,576	+0.2%
Net Income	$-1,511,722	$-7,187,323	-0.8%

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

$54,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH E DAY	PRESIDENT	2.00	Officer Director	$0	$0	$0
ANGELA BURKE BOSTON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MATT JOHNSON	TREASURER	2.00	Officer Director	$0	$0	$0
KIMBERLY MURPHY	SECRETARY	2.00	Officer Director	$0	$0	$0
JOE TEELING	DIRECTOR	2.00	Director	$0	$0	$0
ELLEN CORWIN	DIRECTOR	2.00	Director	$0	$0	$0
DEBRA SEARS	DIRECTOR	2.00	Director	$0	$0	$0
JOHN ANDERS	DIRECTOR	2.00	Director	$0	$0	$0
KYLE LATTINA	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN CUSTIS	DIRECTOR	2.00	Director	$0	$0	$0
KATHERINE EVANS	DIRECTOR	2.00	Director	$0	$0	$0
CAROL TROCINSKI	DIRECTOR	2.00	Director	$0	$0	$0
CECIL BYKERK	EXECUTIVE DIRECTOR	15.00	Officer	$54,000	$0	$54,000

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	$8,506,920	$10,018,642	$8,409,073	$-1,511,722
2022	$1,506,253	$8,693,576	$9,596,468	$-7,187,323
2021	$13,618,274	$8,454,347	$16,671,284	$5,163,927
2020	$21,080,262	$13,913,655	$11,391,844	$7,166,607
2019	$16,775,270	$17,029,079	$4,633,868	$-253,809
2018	$14,203,072	$17,423,473	$5,246,490	$-3,220,401

IOWA COMPREHENSIVE HEALTH ASSOCIATION