JOINT QUALITY IMPROVEMENT ASSOCIATION

EIN: 453307266 501(c)(3) Health Care

LONG ISLAND CITY, NY

Total Revenue
$54,873
Total Expenses
$267,091
Total Assets
$479,328
Net Assets
$377,140
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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
2011
Legal Domicile
NY
Principal Officer
SUSAN NARANJO
Phone
2123568100
Tax Period
2022-07-01 to 2023-06-30

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.

Mission

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.

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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 $54,873
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $54,873

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,965
Other Expenses $267,091
TOTAL EXPENSES $267,091

Year-over-Year Comparison

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%
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
2
Independent Members
2
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
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
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
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