HEARTLAND PHYSICIANS ACO INC

EIN: 474080884 501(c)(3)

WEST DES MOINES, IA

Total Revenue
$424,304
Total Expenses
$390,600
Total Assets
$33,804
Net Assets
$33,704
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
IA
Principal Officer
DON KLITGAARD MD
Phone
5154404555
Tax Period
2019-01-01 to 2019-12-31

HEARTLAND PHYSICIANS ACO INC, founded in 2015, is a small nonprofit that reported $424K in total revenue in fiscal year 2019. Expenses of $391K left a modest 8% surplus.

Mission

TO PROVIDE BETTER CARE FOR INDIVIDUALS, BETTER HEALTH FOR POPULATIONS, AND REDUCED GROWTH IN MEDICAL EXPENDITURES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $424,304
Investment Income $0
Other Revenue $0
TOTAL REVENUE $424,304

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $385,727
Other Expenses $390,600
TOTAL EXPENSES $390,600

Year-over-Year Comparison

2019 2018 Change
Revenue $424,304 N/A N/A
Expenses $390,600 $770,970 -0.5%
Net Income $33,704 $-770,970 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
6

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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEATHER BABE VOTING MEMBE 1.00
Director
$0 $0 $0
KEVIN DE REGNIER DO VOTING MEMBE 1.00
Director
$0 $0 $0
DON KLITGAARD MD CHAIRMAN 2.00
Officer Director
$0 $0 $0
GEORGE KAPPOS MD VOTING MEMBE 1.00
Director
$0 $0 $0
MICHAEL WOODS MD VOTING MEMBE 1.00
Director
$0 $0 $0
ARLINDA MCKEEN VOTING MEMBE 1.00
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
2019 $424,304 $390,600 $33,804 $33,704
2018 No data $770,970 $1,647 No data
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HEARTLAND PHYSICIANS ACO INC with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.