SAN FRANCISCO, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HEALTH ASSURANCE ECONOMY FOUNDATION, founded in 2018, is a small nonprofit in the Civil Rights & Advocacy sector that reported $667K in total revenue in fiscal year 2024. Revenue surged 534% from the prior year, signaling strong growth momentum. The organization ran a surplus of $294K, a strong 44% operating margin.
THE ORGANIZATION WAS FORMED TO ADDRESS THE MENTAL HEALTH OF PHYSICIANS. THE ORGANIZATION WISHES TO RESEARCH CAUSES OF PHYSICIAN STRESS AND WAYS TO IMPROVE PHYSICIAN-PATIENT INTERACTIONS AND TO FUND PROJECTS DOING THE SAME. IN ADDITION, THE ORGANIZATION INTENDS TO PROVIDE FUNDING TO HEALTHCARE RESEARCH WITH A SPECIFIC FOCUS ON OPIOID USE AND ABUSE.
DURING THE YEAR, HEALTH ASSURANCE ECONOMY FOUNDATION CONTINUED ADVANCING ITS MISSION TO PROMOTE PHYSICIAN WELL-BEING AND IMPROVE PATIENT CARE BY EXPLORING THE CAUSES OF PHYSICIAN STRESS AND...
DURING THE YEAR, HEALTH ASSURANCE ECONOMY FOUNDATION CONTINUED ADVANCING ITS MISSION TO PROMOTE PHYSICIAN WELL-BEING AND IMPROVE PATIENT CARE BY EXPLORING THE CAUSES OF PHYSICIAN STRESS AND IDENTIFYING OPPORTUNITIES TO ENHANCE PHYSICIANPATIENT INTERACTIONS. IN ALIGNMENT WITH THIS MISSION, THE ORGANIZATION BEGAN PRELIMINARY RESEARCH AND STRATEGIC PLANNING ACTIVITIES RELATED TO OPIOID-RELATED HEALTHCARE CHALLENGES. ALTHOUGH NO DIRECT GRANTS WERE DISBURSED DURING THE YEAR, STAFF TIME WAS DEVOTED TO LAYING THE GROUNDWORK FOR FUTURE FUNDING OPPORTUNITIES AND RESEARCH COLLABORATIONS, PARTICULARLY IN AREAS FOCUSED ON OPIOID USE AND ABUSE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $666,636 | $105,131 | +5.3% |
| Expenses | $372,833 | $159,584 | +1.3% |
| Net Income | $293,803 | $-54,453 | -6.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HEMANT TANEJA | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RHONDA BRAY | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$175,000 | $7,263 | $182,263 |
| GLEN TULMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER GOLDSMITH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHWINI ZENOOZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $666,636 | $372,833 | $14,511,432 | $293,803 |
| 2023 | $105,131 | $159,584 | $14,217,629 | $-54,453 |
| 2022 | $-322,157 | $173,442 | $14,272,082 | $-495,599 |
| 2021 | $12,772,499 | $155,499 | $14,767,681 | $12,617,000 |
| 2020 | $4,523 | $115,202 | $2,179,079 | $-110,679 |
| 2019 | $1,313,758 | $9,348 | $2,273,589 | $1,304,410 |
| 2018 | $1,005,559 | $36,380 | $1,005,559 | $969,179 |
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