MONITOR MY HEALTH INC

EIN: 814498882 501(c)(3) Health Care

HAMDEN, CT

Total Revenue
$1,207,157
Total Expenses
$948,615
Total Assets
$1,096,209
Net Assets
$661,969
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CT
Principal Officer
DANA P WADE
Phone
8009459479
Tax Period
2023-01-01 to 2023-12-31

MONITOR MY HEALTH INC, founded in 2016, is a community nonprofit in the Health Care sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $259K, a strong 21% operating margin.

Mission

ESTABLISHED TO PREVENT TYPE 2 DIABETES, HEART DISEASE, AND OBESITY AMONG INDIVIDUALS AT INCREASED RISK FOR THOSE CONDITIONS BY PROVIDING EVIDENCE-BASED INTERVENTION SERVICES AND ADDRESSING THE SOCIAL DETERMINANTS OF HEALTH.

Program Service Accomplishments

Program 1
Expenses: $354,382 Revenue: $447,564

INDIVIDUALS AT INCREASED RISK FOR TYPE 2 DIABETES AND HEART DISEASE RECEIVED EVIDENCE-BASED CDC-RECOGNIZED DIABETES PREVENTION PROGRAM HEALTH SUPPORT SERVICES. THEY LOST AN AVERAGE OF 5% OF THEIR...

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INDIVIDUALS AT INCREASED RISK FOR TYPE 2 DIABETES AND HEART DISEASE RECEIVED EVIDENCE-BASED CDC-RECOGNIZED DIABETES PREVENTION PROGRAM HEALTH SUPPORT SERVICES. THEY LOST AN AVERAGE OF 5% OF THEIR INITIAL BODY WEIGHT, ACHIEVED 150 MINUTES OF PHYSICAL ACTIVITY PER WEEK, AND LOWERED THEIR HBA1C VALUES BY 0.2 - 1.2 %. THE PROGRAM INCLUDED 26 SESSIONS OF A CDC-APPROVED LIFESTYLE CHANGE PROGRAM, 4 INDIVIDUAL SUPPORT SESSIONS WITH REGISTERED DIETITIANS, AND AEROBIC EXERCISE SESSIONS. ADDITIONALLY, THE SOCIAL DETERMINANTS OF HEALTH WERE ADDRESSED BY PROVIDING DIGITAL DEVICES / INTERNET SUBSCRIPTIONS / HEALTHY FOOD / PERSONAL PROTECTIVE EQUIPMENT / ACCESS TO TRANSPORTATION / REFERRAL FOR ADDITIONAL SUPPORT SERVICES.

Program 2
Expenses: $409,191 Revenue: $569,274

WE SUCCESSFULLY LAUNCHED THE HEALTHY HEROES AFTER-SCHOOL AND SUMMER ENRICHMENT PROGRAM, BENEFITING OVER 1,000 STUDENTS IN BRIDGEPORT, NEW HAVEN, AND HAMDEN. THIS INITIATIVE PROVIDED OVER 40,000 MEALS...

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WE SUCCESSFULLY LAUNCHED THE HEALTHY HEROES AFTER-SCHOOL AND SUMMER ENRICHMENT PROGRAM, BENEFITING OVER 1,000 STUDENTS IN BRIDGEPORT, NEW HAVEN, AND HAMDEN. THIS INITIATIVE PROVIDED OVER 40,000 MEALS AND PROMOTED HEALTHY HABITS AMONG YOUTH. ALL PARTICIPATING STUDENTS REPORTED LEARNING AT LEAST ONE NEW STRESS-COPING STRATEGY, WITH 73% ACTIVELY APPLYING THESE SKILLS. ADDITIONALLY, SIGNIFICANT NUMBERS OF STUDENTS NOTED IMPROVED FEELINGS OF BELONGING, ENHANCED SOCIAL CONNECTIONS, AND INCREASED AWARENESS OF HEALTHY EATING CHOICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,091,256
Program Service Revenue $82,064
Investment Income $11,587
Other Revenue $22,250
TOTAL REVENUE $1,207,157

Expense Breakdown

Grants Paid $0
Salaries & Benefits $563,825
Fundraising Expenses $0
Program Expenses $763,573
Other Expenses $384,790
TOTAL EXPENSES $948,615

Year-over-Year Comparison

2023 2022 Change
Revenue $1,207,157 $834,801 +0.4%
Expenses $948,615 $450,433 +1.1%
Net Income $258,542 $384,368 -0.3%
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
5
Employees
7
Volunteers
3

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
$93,415
Total Directors
7
$93,415
Key Employees
1
$93,415
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA P WADE CEO / MEDICAL DIRECTOR 40
Officer Director Key Emp Highest
$93,415 $0 $93,415
ELEONORE M HERSCHBERGER BOARD MEMBER 1
Director
$0 $0 $0
JOHN KIRKLEY BOARD MEMBER 1
Director
$0 $0 $0
ANN GRIFFIN BOARD MEMBER 1
Director
$0 $0 $0
ARTHUR MCADAMS BOARD MEMBER 1
Director
$0 $0 $0
JACK LEVINE BOARD MEMBER 1
Director
$0 $0 $0
KRISTOPHER REESE BOARD MEMBER 1
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
2024 No data No data No data No data
2023 $1,207,157 $948,615 $1,096,209 $258,542
2023 $1,207,157 $948,615 $1,096,209 $258,542
2022 $834,801 $450,433 $639,142 $384,368
2021 $364,524 $225,806 $360,728 $138,718
2020 $497,788 $306,325 $470,141 $191,463
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