INTERPROFESSIONAL EDUCATION COLLAB… - Form 990 Financial Data

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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

2013

Legal Domicile

Principal Officer

ALISON J WHELAN

Phone

2024636930

Tax Period

2023-07-01 to 2024-06-30

INTERPROFESSIONAL EDUCATION COLLABORATIVE INC, founded in 2013, is a small nonprofit in the Health Care sector that reported $178K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $200K exceeded revenue, resulting in a 12% operating deficit.

Mission

INTERPROFESSIONAL EDUCATION COLLABORATIVE, INC. (IPEC) IS COMMITTED TO THE GOAL OF ENSURING THAT NEW AND CURRENT HEALTH PROFESSIONALS ARE PROFICIENT IN THE COMPETENCIES ESSENTIAL FOR PATIENT-CENTERED COMMUNITY AND POPULATION ORIENTED, INTERPROFESSIONAL AND COLLABORATIVE PRACTICE.

Program Service Accomplishments

Program 1

Expenses: $133,007 Revenue: $67,392

IPEC HOSTED ONE IN-PERSON AND ONE VIRTUAL FACULTY DEVELOPMENT INSTITUTE.IPEC CONTINUES TO CO-SPONSOR THE EXCELLENCE IN INTERPROFESSIONAL EDUCATION COLLABORATION AWARD WITH THE US PUBLIC HEALTH...

IPEC HOSTED ONE IN-PERSON AND ONE VIRTUAL FACULTY DEVELOPMENT INSTITUTE.IPEC CONTINUES TO CO-SPONSOR THE EXCELLENCE IN INTERPROFESSIONAL EDUCATION COLLABORATION AWARD WITH THE US PUBLIC HEALTH SERVICE COMMISSIONED OFFICERS' FOUNDATION FOR THE ADVANCEMENT OF PUBLIC HEALTH.IPEC MAINTAINS THE REDESIGNED WEBSITE AND IPEC CONNECT, AN ONLINE COMMUNITY OPEN TO THE FACULTY STAFF AND STUDENTS OF IPEC-MEMBER SCHOOLS AND NON-MEMBER ORGANIZATIONS.

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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 $107,500

Program Service Revenue $67,392

Investment Income $3,019

Other Revenue $293

TOTAL REVENUE $178,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $133,007

Other Expenses $199,568

TOTAL EXPENSES $199,568

Year-over-Year Comparison

	2023	2022	Change
Revenue	$178,204	$216,450	-0.2%
Expenses	$199,568	$213,701	-0.1%
Net Income	$-21,364	$2,749	-8.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALISON J WHELAN	CHAIR	2.00	Officer Director	$0	$0	$0
KAREN P WEST	TREASURER	2.00	Officer Director	$0	$0	$0
ROBERT CAIN	MEMBER-AT-LARGE	2.00	Director	$0	$0	$0
HALAEVU FONONGAVAINGA O VAKALAHI	MEMBER-AT-LARGE	2.00	Director	$0	$0	$0
ANDREW T MACCABE	MEMBER-AT-LARGE	2.00	Director	$0	$0	$0
LAURA MAGANA	MEMBER-AT-LARGE	2.00	Director	$0	$0	$0
DEBORAH E TRAUTMAN	MEMBER-AT-LARGE	2.00	Director	$0	$0	$0
LEE VERMEULEN	MEMBER-AT-LARGE	2.00	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	$178,204	$199,568	$302,178	$-21,364
2023	$216,450	$213,701	$291,633	$2,749
2022	$259,912	$288,624	$390,071	$-28,712
2021	$328,086	$236,534	$364,345	$91,552
2020	$190,717	$224,585	$236,828	$-33,868
2019	$565,232	$613,369	$417,263	$-48,137

INTERPROFESSIONAL EDUCATION COLLABORATIVE INC