ADVISEWELL INC (EIN 721081340) - Form 990 Financial Analysis & Trantor Score

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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

1986

Legal Domicile

Phone

2259266353

Tax Period

2023-01-01 to 2023-12-31

ADVISEWELL INC, founded in 1986, is a community nonprofit in the Health Care sector that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $3.0M exceeded revenue, resulting in a 26% operating deficit.

Mission

TO IMPROVE THE QUALITY OF HEALTH AND HEALTH CARE BY USING INFORMATION AND COLLABORATIVE RELATIONSHIPS TO ENABLE CHANGES. SIGNIFICANT ACTIVITIES INCLUDE PROVIDING QUALITY IMPROVEMENT, REVIEW AND ASSURANCE SERVICES FOR HEALTH PROGRAMS ADMINISTERED BY GOVERNMENTAL AND PRIVATE ORGANIZATIONS. ADVISEWELL, INC. RECEIVES A SUBSTANTIAL PART OF ITS FUNDING FROM FEDERAL AND STATE GOVERNMENTAL CONTRACTS TO BENEFIT PUBLIC HEALTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,856,552

Investment Income $540,277

Other Revenue $0

TOTAL REVENUE $2,396,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $873,064

Fundraising Expenses $0

Program Expenses $1,275,156

Other Expenses $2,154,636

TOTAL EXPENSES $3,027,700

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,396,829	$6,932,766	-0.7%
Expenses	$3,027,700	$2,341,385	+0.3%
Net Income	$-630,871	$4,591,381	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CHAIRMAN OF THE BOARD, PRESIDENT, & CEO	14.0	Officer Director	$0	$0	$0
N/A	TREASURER	6.0	Officer Director	$0	$0	$0
N/A	SECRETARY	6.0	Officer Director	$0	$0	$0
N/A	VICE CHAIRMAN & VICE PRESIDENT	6.0	Officer Director	$0	$0	$0
N/A	QUALITY IMPROVEMENT MANAGER	40.0	Highest	$109,748	$0	$109,748
N/A	SMP PROGRAM MANAGER	40.0	Highest	$128,761	$0	$128,761

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	$2,396,829	$3,027,700	$14,406,403	$-630,871
2022	$6,932,766	$2,341,385	$15,089,428	$4,591,381
2021	$1,403,083	$3,828,480	$11,011,945	$-2,425,397
2020	$948,426	$2,051,060	$15,657,658	$-1,102,634
2018	$40,891,315	$40,363,836	$21,309,466	$527,479

ADVISEWELL INC