LONG ISLAND CITY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)JOINT QUALITY IMPROVEMENT ASSOCIATION, founded in 2011, is a micro nonprofit in the Health Care sector that reported $55K in total revenue in fiscal year 2022. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $267K exceeded revenue, resulting in a 387% operating deficit.
TO EDUCATE AND TRAIN RESIDENT PHYSICIANS IN THE METHODS OF QUALITY IMPROVEMENT AND COST-CONSCIOUS MEDICINE, AND INVOLVE THEM IN HOSPITAL-WIDE SAFETY AND QUALITY IMPROVEMENT EFFORTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $54,873 | $118,426 | -0.5% |
| Expenses | $267,091 | $44,620 | +5.0% |
| Net Income | $-212,218 | $73,806 | -3.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SUSAN NARANGO | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| VIVIAN FERNANDEZ | TREASURER | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $54,873 | $267,091 | $479,328 | $-212,218 |
| 2022 | $118,426 | $44,620 | $689,190 | $73,806 |
| 2021 | $123,179 | $16,746 | $607,293 | $106,433 |
| 2020 | $122,068 | $37,575 | $485,033 | $84,493 |
| 2019 | $125,633 | $103,181 | $371,360 | $22,452 |
| 2018 | $127,140 | $82,858 | $349,756 | $44,282 |
Compare JOINT QUALITY IMPROVEMENT ASSOCIATION with other nonprofits in New York and across the country.