IVNA Health Services

EIN: 541479847 501(c)(3) Health Care

Richmond, VA

Total Revenue
$277,339
Total Expenses
$1,340,313
Total Assets
$5,190,144
Net Assets
$4,914,205
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
VA
Phone
8043557100
Tax Period
2023-01-01 to 2023-12-31

IVNA HEALTH SERVICES, founded in 1989, is a community nonprofit in the Health Care sector that reported $2.7M in total revenue in fiscal year 2017. Revenue surged 280% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 62% operating margin.

Mission

IVNA HEALTH SERVICES PROVIDES SERVICES TO UNDERINSURED AND UNINSURED PERSONS THROUGHOUT THE GREATER RICHMOND AREA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $164,217
Program Service Revenue $34,190
Investment Income $0
Other Revenue $78,932
TOTAL REVENUE $277,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $565,224
Fundraising Expenses $0
Program Expenses $1,254,882
Other Expenses $775,089
TOTAL EXPENSES $1,340,313

Year-over-Year Comparison

2023 2022 Change
Revenue $277,339 $1,603,440 -0.8%
Expenses $1,340,313 $1,212,228 +0.1%
Net Income $-1,062,974 $391,212 -3.7%
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

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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
6
Independent Members
N/A
Employees
35
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
$1,910,850
Total Directors
7
$2,524,277
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Secretary/Treasurer 0.5
Officer Director
$0 $39,173 $457,119
N/A President/Chair-IVNA 1.0
Officer Director
$0 $24,369 $254,074
N/A Board Member (Beg 11/23), VP Mission 0.5
Director
$0 $22,114 $209,657
N/A Board Member, Chief Sponsorship Officer 0.5
Director
$0 $13,452 $538,075
N/A Board Member, Physician 0.5
Director
$0 $80,032 $612,684
N/A Board Member, CMO- Richmond 0.5
Director
$0 $6,527 $452,668
N/A Board Member (End 11/23) 0.5
Director
$0 $0 $0
N/A President/CEO - Richmond 0.5
Officer
$0 $278,229 $1,199,657
N/A FORMER Secretary/Treasurer, Director Home Care & Hospice 0.0
$0 $28,620 $188,430
N/A Former Chairman, VP Higher Education 0.0
$0 $24,765 $383,134
N/A Former Interim President - Richmond 0.0
$0 $13,264 $2,430,814
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 $277,339 $1,340,313 $5,190,144 $-1,062,974
2021 $677,183 $1,599,208 $7,567,126 $-922,025
2021 $411,619 $811,524 $7,669,045 $-399,905
2020 $387,077 $1,443,720 $6,657,874 $-1,056,643
2019 $438,859 $1,230,426 $6,862,761 $-791,567
2018 $2,685,692 $1,023,875 $6,858,986 $1,661,817
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