INNOVATING HEALTH INTERNATIONAL INC

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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

2016

Legal Domicile

Principal Officer

VINCENT A DEGENNARO JR

Phone

3059846249

Tax Period

2021-01-01 to 2021-12-31

INNOVATING HEALTH INTERNATIONAL INC, founded in 2016, is a small nonprofit that reported $848K in total revenue in fiscal year 2021. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

INNOVATING HEALTH INTERNATIONAL (IHI) IS A NON-PROFIT DEDICATED TO TREATING CHRONIC DISEASES AND ADDRESSING WOMEN'S HEALTH ISSUES IN HAITI AND MALAWI. WHAT WE DO- WORKING WITH LOCAL PARTNERS, WE AIM TO INCREASE ACCESS TO TREATMENT AND EDUCATION SERVICES FOR CHRONIC DISEASES SUCH AS CANCER, HIGH BLOOD PRESSURE, DIABETES AND INJURIES. CURRENT PROJECTS INCLUDE A WOMEN'S CANCER CENTER, A LARGE CANCER AWARENESS PROGRAM, OPENING A PATHOLOGY LABORATORY, AND HELPING TO BUILD A NATIONAL COMPREHENSIVE CANCER PROGRAM. WHAT INNOVATING HEALTH LOOKS LIKE- COLLABORATION AND DISCOVERY ARE AT THE HEART OF OUR PRACTICE AND GUIDE OUR ORGANIZATION'S ETHOS. INNOVATING HEALTH MEANS LEARNING WITH OTHERS TO BRING OUR EXPERTISE IN MEDICAL CARE, SOCIAL ENGAGEMENT, COMMUNITY BASED RESEARCH AND PROBLEM SOLVING INTO DIFFERENT CONTEXTS. WE STRIVE TO CREATE NEW AND HYBRID MODELS OF HEALTHCARE AND ENGAGEMENT THAT DO NOT SEEK TO SIMPLY 'BUILD CAPACITY' BUT RESPOND TO LOCAL NEEDS THROUGH CONSTANT ITERATION.

Program Service Accomplishments

Program 1

Expenses: $616,322 Revenue: $386,871

WOMEN'S CANCER AWARENESS PROGRAMWE HAVE HELD DOZENS OF AWARENESS EVENTS AND REACHED 11 INSTITUTIONS WITH OUR AWARENESS MESSAGE. WE HAVE ALSO: A. DISTRIBUTED 10,000 AWARENESS BOOKLETS FOR BREAST AND CERVICAL CANCER. B. SENSITIZED OVER 7,000 PEOPLE ON BREAST AND CERVICAL CANCER AWARENESS, PREVENTION, AND SCREENING PORT AU PRINCE. D. GAVE 8 INTERVIEWS ON HAITIAN TV AND RADIO ABOUT BREAST AND CERVICAL CANCER.

Program 2

Expenses: $26,006 Revenue: $10,861

CERVICAL CANCER PREVENTION PROGRAMWE COMPLETED A $30,000 GRANT FROM THE COMPANY MOBILEODT TO SCREEN WOMEN FOR CERVICAL CANCER USING A POINT OF CARE COLPOSCOPE WITH ARTIFICIAL INTELLIGENCE. WE...

CERVICAL CANCER PREVENTION PROGRAMWE COMPLETED A $30,000 GRANT FROM THE COMPANY MOBILEODT TO SCREEN WOMEN FOR CERVICAL CANCER USING A POINT OF CARE COLPOSCOPE WITH ARTIFICIAL INTELLIGENCE. WE SCREENED 1100 WOMEN FOR BREAST AND CERVICAL CANCER AS PART OF THIS PROGRAM. WE ALSO USED ALL THOSE IMAGES TO TEACH THE AI HOW TO READ ABNORMAL RESULTS.

Program 3

Expenses: $45,990 Revenue: $19,207

IHI CLINICWE ADDED OTHER SERVICES LIKE GYNECOLOGY CLINIC AND LABORATORIES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $312,625

Program Service Revenue $422,514

Investment Income $0

Other Revenue $112,710

TOTAL REVENUE $847,849

Expense Breakdown

Grants Paid $467,068

Salaries & Benefits $217,954

Fundraising Expenses $0

Program Expenses $701,666

Other Expenses $214,781

TOTAL EXPENSES $899,803

Year-over-Year Comparison

	2021	2020	Change
Revenue	$847,849	$673,719	+0.3%
Expenses	$899,803	$923,648	0.0%
Net Income	$-51,954	$-249,929	-0.8%

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
VINCENT A DEGENNARO JR	CEO	3.00	Officer Director	$0	$0	$0
JACK BREWER	DIRECTOR	3.00	Director	$0	$0	$0
RONALD GIFFLER	DIRECTOR	3.00	Director	$0	$0	$0
MICHAEL REILLY	DIRECTOR	3.00	Director	$0	$0	$0
MARCELLA NURSE	DIRECTOR	3.00	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
2021	$847,849	$899,803	$213,704	$-51,954
2020	$673,719	$923,648	$110,158	$-249,929
2019	$611,755	$626,237	$251,179	$-14,482
2018	$945,717	$870,551	$256,506	$75,166
2017	$548,825	$552,914	$156,340	$-4,089
2016	$478,733	$318,304	$160,429	$160,429