The Multi-Cultural Health Institute

EIN: 680384071 501(c)(3) Health Care

Sarasota, FL

Total Revenue
$307,931
Total Expenses
$299,643
Total Assets
$136,516
Net Assets
$136,516
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CA
Principal Officer
Lisa Merritt MD
Phone
9417063362
Tax Period
2021-01-01 to 2021-12-31

The Multi-Cultural Health Institute, founded in 1998, is a small nonprofit in the Health Care sector that reported $308K in total revenue in fiscal year 2021.

Mission

The organization is committed to research, education, ensuring equal healthcare access and treatment for the underserved and usually uninsured communities in addition to the dissemination of information regarding multicultural health issues. The organization's focus is to provide a holistic, full circle of life approach to healing and to improve the healthcare delivery system by educating, providing hands on training, and interacting with people in the communities we serve. It supports programs that educate, identify, and test for chronic diseases such as cancer, diabetes, obesity, stroke, cardiovascular disease, infant mortality and HIV/AIDS.

Program Service Accomplishments

Program 1
Expenses: $244,524 Revenue: $307,681

The organization, through collaboraton and education, interacts with community partners to promote wellness and health care that will lead to longer, healthier lives, and reduce costly health...

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The organization, through collaboraton and education, interacts with community partners to promote wellness and health care that will lead to longer, healthier lives, and reduce costly health inequities through effective prevention efforts. The organization provides ongoing programs such as:1. Deployment of "The Gatekeepers of Community Health" to educate children and adults on health and wellness issues, and participation in community events, such as the virtual community health fair and ongoing women's health research initiatives.2. Organize community events such as the "healing circlesX and the wellness fair event held at the ONECO Methodist church.3. Generate publications and disseminate the relevant health and wellness updates that is important to local community, primarily focusing on the COVID disease.4. Reaching out to underrepresented students and schools throughout the Manasota, Florida region teaching about Science, Technology, Engineering, Art, Math and Health (STEAMH) careers and providing shadowing and internship opportunities via the MHI Scholars program.5. Public outreach with the MHI Safekeepers by participating and hosting serveral food donation events and distribution of health supplies such as masks.6. The organization's Cultural and Linquistics work in the State of California now embedded in the health delivery system has increased access and competency, and reduced disparities and facilitated a "back to basics" for multicultural populations,

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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 (2021)

Revenue Breakdown

Contributions & Grants $307,681
Program Service Revenue $0
Investment Income $0
Other Revenue $250
TOTAL REVENUE $307,931

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $244,524
Other Expenses $299,643
TOTAL EXPENSES $299,643

Year-over-Year Comparison

2021 2020 Change
Revenue $307,931 $296,904 +0.0%
Expenses $299,643 $169,202 +0.8%
Net Income $8,288 $127,702 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
10

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
$11,000
Total Directors
7
$11,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Merritt MD Exec Director 6.00
Officer Director
$0 $11,000 $11,000
Pam Greer MD Director 6.00
Director
$0 $0 $0
Washington Hill MD Director 6.00
Director
$0 $0 $0
Teresa M Petersen MD MPA Secretary 6.00
Officer Director
$0 $0 $0
Dezra White Director 6.00
Director
$0 $0 $0
Curtis T Yew CPA Treasurer 1.00
Officer Director
$0 $0 $0
Mari Barnes Director 6.00
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 $307,931 $299,643 $136,516 $8,288
2020 $296,904 $169,202 $134,967 $127,702
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