HACKING MEDICINE INSTITUTE INC

EIN: 473503584 501(c)(3) Health Care

CAMBRIDGE, MA

Total Revenue
$69,851
Total Expenses
$68,913
Total Assets
$156,326
Net Assets
$122,805
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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
2015
Legal Domicile
MA
Principal Officer
LIS RHODES
Phone
8778295500
Tax Period
2019-01-01 to 2019-12-31

HACKING MEDICINE INSTITUTE INC, founded in 2015, is a micro nonprofit in the Health Care sector that reported $70K in total revenue in fiscal year 2019. Revenue surged 36% from the prior year, signaling strong growth momentum.

Mission

MISSION: MEASURING DIGITAL HEALTHCARE OUTCOMES BY ACCELERATING DATA, EVIDENCE & ADOPTION OF DIGITAL MEDICINE + DIGICEUTICALS

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $69,851
TOTAL REVENUE $69,851

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $68,913
TOTAL EXPENSES $68,913

Year-over-Year Comparison

2019 2018 Change
Revenue $69,851 $51,405 +0.4%
Expenses $68,913 $27,130 +1.5%
Net Income $938 $24,275 -1.0%
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
1
Volunteers
1

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
$69,780
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AYESHA KHALID DIRECTOR, CLERK 1.00
Director
$0 $0 $0
MAULIK MAJMUDAR DIRECTOR, CLERK 1.00
Director
$0 $0 $0
KEVIN OHASNI DIRECTOR 1.00
Director
$0 $0 $0
ZEN CHU PRESIDENT AND CHAIRMAN 2.00
Officer
$0 $0 $0
LIS RHODES CFO 2.00
Officer
$0 $0 $0
LAURA DUERKSEN CEO/EXECUTIVE DIRECTOR 40.00
Officer
$69,780 $0 $69,780
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
2019 $69,851 $68,913 $156,326 $938
2018 $51,405 $27,130 $123,946 $24,275
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