NORTH CAROLINA HEALTHCARE INFORMAT… - Form 990 Financial Data

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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

1994

Legal Domicile

Principal Officer

JENNIFER ANDERSON

Phone

9192596856

Tax Period

2020-07-01 to 2021-06-30

NORTH CAROLINA HEALTHCARE INFORMATION AND COMMUNICATIONS ALLIANCE INC, founded in 1994, is a small nonprofit that reported $195K in total revenue in fiscal year 2020. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $379K exceeded revenue, resulting in a 94% operating deficit.

Mission

THE NORTH CAROLINA HEALTHCARE INFORMATION & COMMUNICATION ALLIANCE, INC. (NCHICA) ADDS VALUE THROUGH MEMBERSHIP ENGAGEMENT TO ACCOMPLISH OUR SHARED GOAL OF TRANSFORMING HEALTHCARE. HEALTHCARE ORGANIZATIONS VIEW NCHICA MEMBERSHIP AS VITAL TO ACCOMPLISHING THEIR STRATEGIC GOALS THROUGH COLLABORATION, ENGAGEMENT, AND THOUGHT LEADERSHIP. AS AN ESSENTIAL LEADER IN HEALTH IT, INFORMATICS, AND ANALYTICS, WE PROVIDE FORUMS FOR COLLABORATION, KNOWLEDGE SHARING, AND DEVELOPMENT OF POLICY THAT WILL AID IN THE TRANSFORMATION OF HEALTHCARE. OUR EDUCATIONAL PROGRAMS ARE HIGHLY RELEVANT, INNOVATIVE, AND ADVANCED. OUR ANNUAL CONFERENCE IS THE PREMIER HEALTH IT EVENT IN THE REGION.

Program Service Accomplishments

Program 1

Expenses: $34,146 Revenue: $6,603

ACTIVELY SUPPORTING NCHICA'S MISSION TO ACCELERATE THE TRANSFORMATION OF THE U.S. HEALTHCARE SYSTEM THROUGH THE EFFECTIVE USE OF INFORMATION TECHNOLOGY, INFORMATICS, AND ANALYTICS.

Program 2

Expenses: $254,133 Revenue: $109,615

DEVELOPING AND MAINTAINING RELATIONSHIPS WITH AND AMONG MEMBERS IN ORDER TO FURTHER THE USE OF INFORMATION TECHNOLOGY, INFORMATICS AND ANALYTICS IN HEALTHCARE AND THE MISSION OF THE ORGANIZATION AS A WHOLE.THE WORKGROUPS LISTED BELOW MET QUARTERLY FROM JULY 1, 2020 UNTIL THE CLOSE OF THE BUSINESS DECEMBER 31, 2020. -SENIOR LEADERSHIP ROUNDTABLE-ANALYTICS TECHNOLOGY ROUNDTABLE-IT OPS STRATEGY ROUNDTABLE-BIOMEDICAL DEVICE SECURITY TASKFORCE-CONSUMER & POP HEALTH INNOVATION ROUNDTABLETHESE WORKGROUPS BRING MEMBERS TOGETHER TO NETWORK, DISCUSS COMMON CONCERNS, DEVELOP CONSENSUS APPROACHES TO SOLVE COMMON PROBLEMS, AND GAIN PROFESSIONAL DEVELOPMENT.THE LEADERSHIP TEAM OF THE BOARD (THE NCHICA EXECUTIVE COMMITTEE PLUS THE EXECUTIVE DIRECTOR) MET TWICE A MONTH TO DISCUSS NCHICA'S OPERATIONS AND FUTURE INITIATIVES.NCHICA DISTRIBUTED THE NCHICA UPDATE NEWSLETTER WEEKLY TO MEMBERS AND NON-MEMBERS. THE NEWSLETTER INCLUDES INFORMATION ABOUT NCHICA'S ACTIVITIES, MEMBER NEWS, UPCOMING EVENTS, AND OTHER ITEMS OF INTEREST. IT WAS DISTRIBUTED TO AN AVERAGE OF 5,400 NCHICA MEMBERS AND NON-MEMBERS.NCHICA DISTRIBUTED THE NCHICA BLAST NEWSLETTER MONTHLY TO MEMBERS FROM JULY-DECEMBER, 2020. THE NEWSLETTER KEPT MEMBERS INFORMED ABOUT UPCOMING NCHICA WORKGROUP MEETINGS. IT WAS DISTRIBUTED TO AN AVERAGE OF 2,900 NCHICA MEMBERS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $63,701

Program Service Revenue $116,218

Investment Income $1,940

Other Revenue $12,785

TOTAL REVENUE $194,644

Expense Breakdown

Grants Paid $8,500

Salaries & Benefits $255,337

Fundraising Expenses $0

Program Expenses $288,279

Other Expenses $114,694

TOTAL EXPENSES $378,531

Year-over-Year Comparison

	2020	2019	Change
Revenue	$194,644	$524,003	-0.6%
Expenses	$378,531	$611,641	-0.4%
Net Income	$-183,887	$-87,638	+1.1%

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

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

$203,219

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOLT ANDERSON	BOARD MEMBER	0.10	Director	$0	$0	$0
MARK BENTON	BOARD MEMBER	0.10	Director	$0	$0	$0
CHRISTIE BURRIS	BOARD MEMBER	0.10	Director	$0	$0	$0
NEAL CHAWLA MD	BOARD MEMBER	0.10	Director	$0	$0	$0
JASON COX	BOARD MEMBER	0.10	Director	$0	$0	$0
ARLENE CHUNG MD	BOARD MEMBER	0.10	Director	$0	$0	$0
ANDY CROWDER	BOARD MEMBER	0.10	Director	$0	$0	$0
SETH CUTLER	BOARD MEMBER	0.10	Director	$0	$0	$0
SAM GIBBS	BOARD MEMBER	0.10	Director	$0	$0	$0
KENNETH GOLDBERG	BOARD MEMBER	0.10	Director	$0	$0	$0
ROBERT GORDON	BOARD MEMBER	0.10	Director	$0	$0	$0
DONETTE HERRING	BOARD MEMBER	0.10	Director	$0	$0	$0
CLYDE HEWITT MS CHS	BOARD MEMBER	0.10	Director	$0	$0	$0
GAIL HINTE MPA	BOARD MEMBER	0.10	Director	$0	$0	$0
JAMES KLUTZ	BOARD MEMBER	0.10	Director	$0	$0	$0
BRENT LAMM	BOARD MEMBER	0.10	Director	$0	$0	$0
MATT MANNING MD	BOARD MEMBER	0.10	Director	$0	$0	$0
HELEN PAK HARVEY	BOARD MEMBER	0.10	Director	$0	$0	$0
ERIC POON MD	BOARD MEMBER	0.10	Director	$0	$0	$0
DAWN RICHARDSON	BOARD MEMBER	0.10	Director	$0	$0	$0
WILL SHOWALTER	BOARD MEMBER	0.10	Director	$0	$0	$0
DRUSI SMITH	BOARD MEMBER	0.10	Director	$0	$0	$0
KAREN SMITH MD	BOARD MEMBER	0.10	Director	$0	$0	$0
ALICIA STOKES	BOARD MEMBER	0.10	Director	$0	$0	$0
SUSAN LILLARD THOMASON RHIA	BOARD MEMBER	0.10	Director	$0	$0	$0
MARY THOMPSON	BOARD MEMBER	0.10	Director	$0	$0	$0
HEATHER THORNTON	BOARD MEMBER	0.10	Director	$0	$0	$0
FRANKLIN WALKER	BOARD MEMBER	0.10	Director	$0	$0	$0
ROBERT WEBSTER	BOARD MEMBER	0.10	Director	$0	$0	$0
KAREN M DAVIS MSM	CHAIR	0.10	Officer Director	$0	$0	$0
JEAN T FOSTER RHIA	SECRETARY	0.10	Officer Director	$0	$0	$0
MATTHEW J CASTELLANO PT MBA	TREASURER, 1ST VP	0.10	Officer Director	$0	$0	$0
YVONNE HUGHES	PRESIDENT	0.10	Officer Director	$0	$0	$0
CHRIS JONES MHA	PAST PRESIDENT (FROM SEP 2	0.10	Officer Director	$0	$0	$0
GAIL STEPHENS	2ND VP	0.10	Officer Director	$0	$0	$0
JENNIFER ANDERSON	EXECUTIVE DIRECTOR	40.00	Officer	$180,423	$22,796	$203,219

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	$194,644	$378,531	No data	$-183,887
2020	$524,003	$611,641	$468,699	$-87,638
2019	$693,618	$699,890	$628,907	$-6,272

NORTH CAROLINA HEALTHCARE INFORMATION AND COMMUNICATIONS ALLIANCE INC