HEALTH EQUITY SOLUTIONS INC

EIN: 465011055 501(c)(3) Health Care

HARTFORD, CT

Total Revenue
$1,333,155
Total Expenses
$1,478,106
Total Assets
$869,636
Net Assets
$604,076
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CT
Principal Officer
AYESHA CLARKE
Phone
8604617637
Tax Period
2023-01-01 to 2023-12-31

HEALTH EQUITY SOLUTIONS INC, founded in 2014, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $1.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE MISSION IS TO ADVANCE HEALTH EQUITY THROUGH ANTI-RACIST POLICIES AND PRACTICES. THIS HELPS TO PROMOTE OPTIMAL HEALTH TO CT RESIDENTS REGARDLESS OF THEIR RACE, ETHNICITY OR SOCIOECONOMIC STATUS.

Program Service Accomplishments

Program 1
Expenses: $1,131,223 Revenue: $697,080

HEALTH EQUITY SOLUTIONS (HES) IS AN ORGANIZATION BASED IN CONNECTICUT DEDICATED TO ADDRESSING CRITICAL SOCIAL ISSUES AND PROMOTING HEALTH EQUITY ACROSS THE STATE. ITS MISSION IS TO ADVANCE...

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HEALTH EQUITY SOLUTIONS (HES) IS AN ORGANIZATION BASED IN CONNECTICUT DEDICATED TO ADDRESSING CRITICAL SOCIAL ISSUES AND PROMOTING HEALTH EQUITY ACROSS THE STATE. ITS MISSION IS TO ADVANCE ANTI-RACIST POLICIES AND PRACTICES TO ELIMINATE HEALTH DISPARITIES AND ACHIEVE EQUITABLE HEALTH OUTCOMES FOR ALL RESIDENTS, REGARDLESS OF THEIR RACE, ETHNICITY AND SOCIOECONOMIC STATUS. HES IS DEEPLY COMMITTED TO SYSTEMS-LEVEL CHANGE, CONSUMER ENGAGEMENT, PROJECT AND PROGRAM MANAGEMENT, AND THE USE OF DATA TO INFORM ITS WORK. THE ORGANIZATION OPERATES WITH A STRONG FOCUS ON INCLUSIVITY, CULTURAL SENSITIVITY, AND COLLABORATION WITH VARIOUS PARTNERS. HES EMPLOYS A STRATEGIC APPROACH THAT CAN BE SUMMARIZED AS EDUCATE, AGITATE, AND ADVOCATE.EDUCATE: HES RECOGNIZES THAT EDUCATION IS A POWERFUL TOOL FOR RAISING AWARENESS AND PROMOTING UNDERSTANDING OF HEALTH DISPARITIES AND THEIR UNDERLYING CAUSES. THE ORGANIZATION IS COMMITTED TO PROVIDING EDUCATION AND TRAINING TO VARIOUS PARTNERS, INCLUDING POLICYMAKERS, COMMUNITY MEMBERS, AND PROFESSIONALS WHO INTERSECT WITH THE HEALTH CARE SYSTEM. THROUGH EDUCATIONAL INITIATIVES, HES SEEKS TO INFORM INDIVIDUALS AND ORGANIZATIONS ABOUT THE SOCIAL DETERMINANTS OF HEALTH, STRUCTURAL RACISM, AND OTHER FACTORS THAT CONTRIBUTE TO HEALTH INEQUITIES. THE GOAL OF EDUCATION IS TO EQUIP COMMUNITY MEMBERS TO MAKE INFORMED DECISIONS AND TAKE ACTION TO ADDRESS HEALTH DISPARITIES IN THEIR COMMUNITIES.AGITATE: THE TERM "AGITATE" IN HES'S STRATEGY REFERS TO ITS COMMITMENT TO CHALLENGING THE STATUS QUO AND ADVOCATING FOR CHANGE. IT INVOLVES RAISING A COLLECTIVE VOICE AGAINST POLICIES AND PRACTICES THAT PERPETUATE HEALTH DISPARITIES. HES ACTIVELY ENGAGES IN ADVOCACY EFFORTS, PUBLIC AWARENESS CAMPAIGNS, AND COMMUNITY MOBILIZATION TO AGITATE FOR EQUITABLE POLICIES AND PRACTICES IN HEALTH, EDUCATION, CRIMINAL JUSTICE, AND OTHER RELEVANT AREAS. THE ORGANIZATION BELIEVES THAT AGITATION IS ESSENTIAL FOR CREATING THE MOMENTUM NEEDED TO DRIVE SYSTEMIC CHANGE AND DISMANTLE INEQUITABLE STRUCTURES.ADVOCATE: ADVOCACY IS A CORE COMPONENT OF HES'S STRATEGY. THE ORGANIZATION WORKS TO INFLUENCE POLICY DECISIONS, LEGISLATION, AND RESOURCE ALLOCATION AT LOCAL, STATE, AND NATIONAL LEVELS TO ADVANCE HEALTH EQUITY.HES COLLABORATES WITH POLICYMAKERS, GOVERNMENT AGENCIES, AND COMMUNITY ORGANIZATIONS TO ADVOCATE FOR POLICIES THAT ADDRESS HEALTH DISPARITIES, PROMOTE INCLUSIVITY, AND PRIORITIZE THE NEEDS OF UNDERSERVED AND MARGINALIZED POPULATIONS. THROUGH ADVOCACY EFFORTS, HES AIMS TO TRANSLATE EDUCATION AND AGITATION INTO TANGIBLE POLICY CHANGES AND SYSTEMIC IMPROVEMENTS THAT RESULT IN BETTER HEALTH OUTCOMES FOR MARGINALIZED COMMUNITIES.HEALTH EQUITY SOLUTIONS IS A MISSION-DRIVEN ORGANIZATION COMMITTED TO ELIMINATING HEALTH DISPARITIES AND PROMOTING HEALTH EQUITY IN CONNECTICUT. ITS STRATEGY OF "EDUCATE, AGITATE, AND ADVOCATE" REFLECTS A COMPREHENSIVE APPROACH TO ACHIEVING THESE GOALS BY EDUCATING STAKEHOLDERS, CHALLENGING INEQUITIES, AND ACTIVELY ADVOCATING FOR POLICY CHANGES THAT CREATE A MORE EQUITABLE SYSTEM AND SOCIETY AS A WHOLE.

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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 $633,968
Program Service Revenue $697,080
Investment Income $0
Other Revenue $2,107
TOTAL REVENUE $1,333,155

Expense Breakdown

Grants Paid $0
Salaries & Benefits $961,592
Fundraising Expenses $133,121
Program Expenses $1,131,223
Other Expenses $499,790
TOTAL EXPENSES $1,478,106

Year-over-Year Comparison

2023 2022 Change
Revenue $1,333,155 $1,454,065 -0.1%
Expenses $1,478,106 $1,436,934 +0.0%
Net Income $-144,951 $17,131 -9.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
16
Volunteers
9

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
5
$164,908
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALYCIA SANTILLI PRESIDENT 1.00
Officer Director
$0 $0 $0
SUPRIYA LAKNIDHI VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BARR EVAN TREASURER 1.00
Officer Director
$0 $0 $0
ALINA PENNY SECRETARY 1.00
Officer Director
$0 $0 $0
LAWRENCE DAVIS DIRECTOR 1.00
Director
$0 $0 $0
ROBERT KRZYS DIRECTOR 1.00
Director
$0 $0 $0
DAVID NEWTON DIRECTOR 1.00
Director
$0 $0 $0
AMY ROMANO DIRECTOR 1.00
Director
$0 $0 $0
KAREN WANG DIRECTOR 1.00
Director
$0 $0 $0
AYESHA CLARKE EXECUTIVE DIRECTOR 40.00
Officer
$137,089 $27,819 $164,908
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 $1,333,155 $1,478,106 $869,636 $-144,951
2022 $1,454,065 $1,436,934 $1,140,648 $17,131
2021 $1,949,718 $1,502,875 $981,432 $446,843
2020 $878,762 $643,454 $532,847 $235,308
2019 $734,140 $618,179 $253,402 $115,961
2018 $454,415 $417,480 $96,175 $36,935
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