The Spine Institute for Quality Inc

EIN: 811861578 501(c)(3) Diseases & Disorders

Davenport, IA

Total Revenue
$238,012
Total Expenses
$223,079
Total Assets
$22,400
Net Assets
$10,800
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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
IA
Principal Officer
Christine Goertz CEO
Tax Period
2019-01-01 to 2019-12-31

The Spine Institute for Quality Inc, founded in 2016, is a small nonprofit in the Diseases & Disorders sector that reported $238K in total revenue in fiscal year 2019. Expenses of $223K left a modest 6% surplus.

Mission

To improve access and quality of spine care delivery in the United States.

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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 (2019)

Revenue Breakdown

Contributions & Grants $238,012
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $238,012

Expense Breakdown

Grants Paid $0
Salaries & Benefits $84,000
Fundraising Expenses $0
Other Expenses $139,079
TOTAL EXPENSES $223,079

Year-over-Year Comparison

2019 2018 Change
Revenue $238,012 N/A N/A
Expenses $223,079 N/A N/A
Net Income $14,933 N/A N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
N/A

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Branson Director 5.00
Director
$0 $0 $0
Larry Becker Director 5.00
Director
$0 $0 $0
Calvin Thomas Director 5.00
Director
$0 $0 $0
Christine Goertz CEO 10.00
Officer
$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
2019 $238,012 $223,079 $22,400 $14,933
2018 $118,617 $133,687 $7,467 $-15,070
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