Medical Research Analytics and Informatics Alliance

EIN: 453007467 501(c)(3) Health Care

Chicago, IL

Total Revenue
$273,331
Total Expenses
$327,472
Total Assets
$113,436
Net Assets
$111,913
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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
2012
Legal Domicile
IL
Phone
3129241447
Tax Period
2023-01-01 to 2023-12-31

Medical Research Analytics and Informatics Alliance, founded in 2012, is a small nonprofit in the Health Care sector that reported $273K in total revenue in fiscal year 2023. Expenses of $327K exceeded revenue, resulting in a 20% operating deficit.

Mission

The Corporation is organized and operated exclusively for scientific and educational purposes; to serve as the data management situs for multi-center research projects; to connect healthcare institutions with public health entities for the purpose of reporting notifiable diseases and patient safety quality measures; to apply rules to standardized aggregated electronic medical records for public health and research activities; to host websites for researchers and public health agencies; to develop innovative tools for use in the science of informatics, including open source and licensable software and software methodologies; to provide data services including data mapping and normalization, data analysis, public health data best practices and guidance, honest identity exchange, and data stewardship. The Corporation facilitates and convenes collaborative efforts to advance public health informatics, and data-driven health research.

Program Service Accomplishments

Program 1
Expenses: $185,363 Revenue: $28,800

MRAIA strives to serve healthcare facilities and public health agencies through secure data aggregation, data transformation, and transmission by providing interface and transformation engines...

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MRAIA strives to serve healthcare facilities and public health agencies through secure data aggregation, data transformation, and transmission by providing interface and transformation engines certified for State 1 and State 2 meaningful use requirements. MRAIA also supports reporting to public health agencies for immunization history, syndromic surveillance, and electronic laboratory reporting. Data hosting and call center functionality is also provided for research and quality improvement activities.

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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 $244,507
Program Service Revenue $28,800
Investment Income $24
Other Revenue $0
TOTAL REVENUE $273,331

Expense Breakdown

Grants Paid $0
Salaries & Benefits $84,059
Fundraising Expenses $0
Program Expenses $185,363
Other Expenses $243,413
TOTAL EXPENSES $327,472

Year-over-Year Comparison

2023 2022 Change
Revenue $273,331 $277,990 0.0%
Expenses $327,472 $311,950 +0.0%
Net Income $-54,141 $-33,960 +0.6%
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

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Governance

Voting Members
6
Independent Members
6
Employees
3
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thurman Gills Treasurer 1.00
Officer Director
$0 $0 $0
Abel Kho Vice Chairman 2.00
Officer Director
$0 $0 $0
William Trick Secretary 2.00
Officer Director
$0 $0 $0
Cheryl Austein-Casnoff Director 1.00
Director
$0 $0 $0
Elbert Huang Chairman 1.00
Officer Director
$0 $0 $0
Mary Driscoll Director 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 $273,331 $327,472 $113,436 $-54,141
2022 $277,990 $311,950 $166,991 $-33,960
2021 $465,051 $545,442 $200,458 $-80,391
2020 $444,967 $761,438 $282,070 $-316,471
2019 $1,239,681 $980,052 $598,105 $259,629
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