Healthcare Innovators Professional… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

TOBY R HAMILTON

Phone

9403005419

Tax Period

2019-01-01 to 2019-12-31

Healthcare Innovators Professional Society, founded in 2017, is a small nonprofit in the Health Care sector that reported $109K in total revenue in fiscal year 2019. Expenses of $124K exceeded revenue, resulting in a 14% operating deficit.

Mission

Program Service Accomplishments

Program 1

Expenses: $113,567

HEALTHCARE INNOVATORS PROFESSIONAL SOCIETY IS THE ADVOCACY, RECOGNITION, AND SUPPORT COMMUNITY FOR THE SELECTIVE GROUP OF INNOVATION LEADERS IN HEALTHCARE, THE COUNCIL OF 33. THE COUNCIL PROMOTES...

HEALTHCARE INNOVATORS PROFESSIONAL SOCIETY IS THE ADVOCACY, RECOGNITION, AND SUPPORT COMMUNITY FOR THE SELECTIVE GROUP OF INNOVATION LEADERS IN HEALTHCARE, THE COUNCIL OF 33. THE COUNCIL PROMOTES CHANGE ACROSS HEALTHCARE INFRASTRUCTURE, BOTH REGIONALLY AND NATIONALLY. The organization hosts an annual conference where the council meets to collaborate and share ideas. The initial conference took place in 2018.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $109,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $109,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $113,567

Other Expenses $124,310

TOTAL EXPENSES $124,310

Year-over-Year Comparison

	2019	2018	Change
Revenue	$109,000	N/A	N/A
Expenses	$124,310	$378,306	-0.7%
Net Income	$-15,310	$-378,306	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR TOBY R HAMILTON	PRESIDENT, SECRETARY	1.0	Officer Director	$0	$0	$0
DR HEMANT VANKAWALA	TREASURER	1.0	Officer Director	$0	$0	$0
JAIME AGUIRRE	DIRECTOR	1.0	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
2019	$109,000	$124,310	$140,126	$-15,310
2018	No data	$378,306	$155,436	No data

Healthcare Innovators Professional Society