HealthImpact

EIN: 820570413 501(c)(3) Health Care

Oakland, CA

Total Revenue
$1,434,249
Total Expenses
$1,463,781
Total Assets
$686,308
Net Assets
$433,388
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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
2001
Legal Domicile
CA
Principal Officer
Garrett Chan
Phone
5108328400
Tax Period
2024-01-01 to 2024-12-31

HealthImpact, founded in 2001, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2024.

Mission

To shape health care through workforce strategy, stakeholder convening, and policy advocacy.

Program Service Accomplishments

Program 1
Expenses: $850,871 Revenue: $274,808

Building Educational Capacity: HI leads the effort to build educational capacity through programs such as the Centralized Clinical Placement System, Bay Area and Los Angeles Resource Centers, and...

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Building Educational Capacity: HI leads the effort to build educational capacity through programs such as the Centralized Clinical Placement System, Bay Area and Los Angeles Resource Centers, and Clinical Faculty Development. HI is one of the founding organizations for a national initiative, National Education Progression in Nursing, to promote and build educational capacity to advance nurses to higher degrees. HI?s California Simulation Alliance is a leader in development of simulation educators, having trained over 2,500 simulation faculty, utilizing courses with an interprofessional focus that are designed for all types of learners such as academic faculty, healthcare facility educators, and simulation operations personnel.

Program 2
Expenses: $382,746 Revenue: $164,288

Workforce strategy: HI is an active participant in the National Forum of State Nursing Workforce Centers. In addition, HI works with California-based organizations and initiatives to improve the...

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Workforce strategy: HI is an active participant in the National Forum of State Nursing Workforce Centers. In addition, HI works with California-based organizations and initiatives to improve the pipeline, health, and well-being of nurses.

Program 3
Expenses: $44,825 Revenue: $83,401

The General Program of HI includes efforts to prepare RNs for work in specialty areas such as ambulatory and perioperative nursing; educating faculty on the practice of teaching; contributing to...

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The General Program of HI includes efforts to prepare RNs for work in specialty areas such as ambulatory and perioperative nursing; educating faculty on the practice of teaching; contributing to health policy issues in California and nationally; and advancing the practice of nursing to care for people living in California.

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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 (2024)

Revenue Breakdown

Contributions & Grants $911,489
Program Service Revenue $522,497
Investment Income $263
Other Revenue $0
TOTAL REVENUE $1,434,249

Expense Breakdown

Grants Paid $11,590
Salaries & Benefits $1,082,100
Fundraising Expenses $11,749
Program Expenses $1,278,442
Other Expenses $370,091
TOTAL EXPENSES $1,463,781

Year-over-Year Comparison

2024 2023 Change
Revenue $1,434,249 $1,392,499 +0.0%
Expenses $1,463,781 $1,329,119 +0.1%
Net Income $-29,532 $63,380 -1.5%
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
10
Independent Members
9
Employees
16
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
3
$224,941
Total Directors
10
$224,941
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Garrett Chan President & CEO 40.00
Officer Director
$205,644 $19,297 $224,941
Edward Burns Dir of Strat Initv 40.00
$138,310 $5,949 $144,259
Debra Bakerjian President 5.00
Officer Director
$0 $0 $0
Karen Grimley Treasurer 2.00
Officer Director
$0 $0 $0
Margarita Baggett Director 1.00
Director
$0 $0 $0
Loriann De Martini Director 1.00
Director
$0 $0 $0
Anna Kiger Director 1.00
Director
$0 $0 $0
David Marshall Director 1.00
Director
$0 $0 $0
Linda Zorn Director 1.00
Director
$0 $0 $0
Paul Leon Director 1.00
Director
$0 $0 $0
Anitra Williams Director 1.00
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
2024 $1,434,249 $1,463,781 $686,308 $-29,532
2023 $1,392,499 $1,329,119 $613,551 $63,380
2022 $1,222,098 $1,130,314 $521,083 $91,784
2021 $874,219 $1,219,069 $377,738 $-344,850
2020 $822,890 $961,305 $642,879 $-138,415
2020 $822,890 $961,305 $642,879 $-138,415
2019 $639,365 $1,064,446 $772,536 $-425,081
2018 $1,080,941 $1,127,969 $1,204,971 $-47,028
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