Global Healthcare Innovation Allia… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

JULIA BARNES-WEISE

Phone

9199915100

Tax Period

2023-01-01 to 2023-12-31

Global Healthcare Innovation Alliance Accelerator Inc, founded in 2017, is a small nonprofit in the Health Care sector that reported $413K in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $486K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROMOTE HLOBAL HEALTH THROUGH THE IMPROVEMENT AND ACCELERATION OF GLOBAL HEALTH ALLIANCE FORMATION.

Program Service Accomplishments

Program 1

Expenses: $486,116 Revenue: $341,244

GHIAA PROVIDES KNOWLEDGE AND TOOLS TO TRANSLATE GLOBAL HEALTH POLICIES FOR ACTIONABLE AGREEMENT PROVISIONS. GHIAA ASSEMBLES, ANALYZES, EDUCATES AND INCREASES THE AVAILABILITY AND TRANSPARENCY OF...

GHIAA PROVIDES KNOWLEDGE AND TOOLS TO TRANSLATE GLOBAL HEALTH POLICIES FOR ACTIONABLE AGREEMENT PROVISIONS. GHIAA ASSEMBLES, ANALYZES, EDUCATES AND INCREASES THE AVAILABILITY AND TRANSPARENCY OF THESE PROVISIONS AND SAMPLE AGREEMENTS, AND OTHER LEGAL AND POLICY TOOLS FOR THE DEVELOPMENT AND DISTRIBUTION OF MEDICINES, VACCINES, DIAGNOSTICS AND ADJUNCTIVE TECHNOLOGIES TO TREAT INFECTIOUS DISEASE OUTBREAKS, NEGLECTED AND CHRONIC DISEASES. GHIAA PROVIDES A MASTER ALLIANCE PROVISION GUIDE TO SHARE EVOLVING AGREEMENT TERMS AND ACCEPTED PRACTICES.

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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 $71,303

Program Service Revenue $341,244

Investment Income $0

Other Revenue $0

TOTAL REVENUE $412,547

Expense Breakdown

Grants Paid $0

Salaries & Benefits $237,794

Fundraising Expenses $0

Program Expenses $486,116

Other Expenses $248,322

TOTAL EXPENSES $486,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$412,547	$271,051	+0.5%
Expenses	$486,116	$467,976	+0.0%
Net Income	$-73,569	$-196,925	-0.6%

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

$127,485

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISAAK CHIKWANHA	DIRECTOR	1.00	Director	$0	$0	$0
KATRINE THOR ANDERSEN	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE HENNINGS	DIRECTOR	1.00	Director	$0	$0	$0
MARK CROWELL	DIRECTOR	1.00	Director	$0	$0	$0
BEIBEI SUN	DIRECTOR	1.00	Director	$0	$0	$0
MAGALI POINOT	DIRECTOR	1.00	Director	$0	$0	$0
ANA SANTOS RUTSCHMAN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS WOODS	DIRECTOR	1.00	Director	$0	$0	$0
JULIA BARNES-WEISE	EXECUTIVE DIRECTOR	40.00	Officer	$97,485	$30,000	$127,485

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	$412,547	$486,116	$251,087	$-73,569
2022	$271,051	$467,976	$284,185	$-196,925
2021	$333,002	$484,008	$428,409	$-151,006
2020	$451,693	$236,406	$576,256	$215,287
2019	$304,309	$109,527	$359,899	$194,782
2018	$298,975	$136,927	$165,117	$162,048

Global Healthcare Innovation Alliance Accelerator Inc