Healthcare Ready

EIN: 463134601 501(c)(3) Health Care

Washington, DC

Total Revenue
$109,784
Total Expenses
$1,201,398
Total Assets
$547,025
Net Assets
$537,020
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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
DC
Principal Officer
Phyllis Arthur
Tax Period
2025-01-01 to 2025-12-31

Healthcare Ready, founded in 2013, is a small nonprofit in the Health Care sector that reported $110K in total revenue in fiscal year 2025. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 994% operating deficit.

Mission

Healthcare Ready leverages unique relationships with government, nonprofit, and medical supply chains to build and enhance the resiliency of communities before, during and after disasters.

Program Service Accomplishments

Program 1
Expenses: $418,618

Response: Support patients impacted by disasters focusing on healthcare supply chain challenges after crisis, management of healthcare ready emergency operations center, facilitating activities to...

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Response: Support patients impacted by disasters focusing on healthcare supply chain challenges after crisis, management of healthcare ready emergency operations center, facilitating activities to respond to disasters and disease outbreaks in partnership with emergency management and public health officials at the Federal, State, and Local level. Support the healthcare systems response to disruptions in communities. Focus on working with partner NGOs, healthcare providers, and private sector supply chain leaders to route patient requests to appropriate partners for assistance and ensure that local healthcare resources are available to patients in times of crisis. Operation of RX open to report the status of open pharmacies during disaster.

Program 2
Expenses: $245,013 Revenue: $41,269

Preparedness: Healthcare Ready maintains a strong preparedness program, consisting of research (qualitative and quantitative) and analysis of infrastructure, community needs, and patient populations...

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Preparedness: Healthcare Ready maintains a strong preparedness program, consisting of research (qualitative and quantitative) and analysis of infrastructure, community needs, and patient populations that are essential to improve our collective ability to prepare for disasters and disease outbreaks. Healthcare Ready's preparedness work includes capacity building work and training to community, local, and national partners on core elements of health preparedness/readiness planning. Preparedness work also includes maintaining partnerships and consortia of public and private sector partners (at all levels) to ensure that disaster and disease outbreak planning is happening in an inclusive and cooperative environment. Healthcare Ready's research and analysis in the preparedness portfolio includes domestic preparedness and critical health infrastructure assessments that inform planning.

Program 3
Expenses: $77,946

Research & Policy - The recovery and resilience program was integrated into various other programs (response, preparedness, program and research) as it aligns with Healthcare Ready's organization...

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Research & Policy - The recovery and resilience program was integrated into various other programs (response, preparedness, program and research) as it aligns with Healthcare Ready's organization structure and functions within those programs. The Research and Policy program, formerly known as research, focuses on monitoring policies affecting: healthcare workforce, federal funding for health and bio-preparedness programs, federal and state capabilities for what is allowed during emergencies (e.g., how business should address drug shortages), and policies that bear relevance to ensuring equitable access to healthcare. The program continues its work as previously done, as it pertains to long- and short-term research projects in public health, emergency preparedness and response, critical healthcare infrastructure, and health equity, and health access.

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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 (2025)

Revenue Breakdown

Contributions & Grants $41,500
Program Service Revenue $41,269
Investment Income $25,885
Other Revenue $1,130
TOTAL REVENUE $109,784

Expense Breakdown

Grants Paid $0
Salaries & Benefits $832,719
Fundraising Expenses $0
Program Expenses $741,577
Other Expenses $368,679
TOTAL EXPENSES $1,201,398

Year-over-Year Comparison

2025 2024 Change
Revenue $109,784 $1,791,428 -0.9%
Expenses $1,201,398 $1,647,085 -0.3%
Net Income $-1,091,614 $144,343 -8.6%
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
5
Independent Members
5
Employees
9
Volunteers
5

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
3
$134,341
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Phyllis Arthur Chair 1.00
Officer Director
$0 $0 $0
Bruce Altevogt Treasurer 1.00
Officer Director
$0 $0 $0
Perry Fri Board Member 1.00
Director
$0 $0 $0
Erik Little Board Member 1.00
Director
$0 $0 $0
Sara Roszak Board Member 1.00
Director
$0 $0 $0
Julie Abrams Acting Executive Director 40.00
Officer
$122,562 $11,779 $134,341
Samson Mesfin Assoc. Dir.of Finance/Compliance 40.00
Highest
$118,383 $22,846 $141,229
Angie Im Assoc. Dir.of Programs/Policy 40.00
Highest
$123,621 $13,020 $136,641
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 $109,784 $1,201,398 $547,025 $-1,091,614
2024 $1,791,428 $1,647,085 $1,649,693 $144,343
2023 $1,543,287 $2,037,703 $1,503,448 $-494,416
2022 $1,341,526 $2,261,415 $2,232,476 $-919,889
2021 $3,148,420 $2,074,340 $2,980,753 $1,074,080
2020 $3,400,001 $1,810,320 $2,413,204 $1,589,681
2019 $1,048,540 $1,249,664 $472,647 $-201,124
2018 $945,044 $1,108,426 $510,151 $-163,382
2018 $945,044 $1,108,426 $510,151 $-163,382
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