WISCONSIN HEALTHCARE BUSINESS FORUM INC

EIN: 832053549

MADISON, WI

Total Revenue
$61,504
Total Expenses
$48,429
Total Assets
$70,871
Net Assets
$70,871
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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
2018
Legal Domicile
WI
Principal Officer
TOM STILL
Phone
6084427557
Tax Period
2019-07-01 to 2020-06-30

WISCONSIN HEALTHCARE BUSINESS FORUM INC, founded in 2018, is a micro nonprofit that reported $62K in total revenue in fiscal year 2019. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $13K, a strong 21% operating margin.

Mission

THE MISSION OF THE WHBF IS TO FOSTER AND PROMOTE ONE OF WISCONSIN'S MOST VALUABLE ASSETS - ITS HIGH QUALITY, HIGHLY INNOVATIVE HEALTHCARE SECTOR - WHILE MAKING CONNECTIONS BETWEEN EMERGING COMPANIES IN THE HEALTHCARE SPACE WITH HEALTH PROVIDERS THAT HAVE PROBLEMS TO SOLVE.

Program Service Accomplishments

Program 1

SPONSORED AND CO-HOSTED WISCONSIN ENTREPRENUERS CONFERENCE IN NOVEMBER 2019, A TWO-DAY WORKSHOP EVENT FOR ENTREPRENUERS OF ALL AGES AND EXPERIENCE LEVELS. HIGHLIGHTS INCLUDE GUEST SPEAKERS, PANEL...

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SPONSORED AND CO-HOSTED WISCONSIN ENTREPRENUERS CONFERENCE IN NOVEMBER 2019, A TWO-DAY WORKSHOP EVENT FOR ENTREPRENUERS OF ALL AGES AND EXPERIENCE LEVELS. HIGHLIGHTS INCLUDE GUEST SPEAKERS, PANEL DISCUSSIONS, AN ENTREPRENUER SHOWCASE, THE GOVERNOR'S BUSINESS PLAN CONTEST, AND NETWORKING OPPORTUNITIES THAT INCLUDE CHANCES FOR STARTUPS AND HEALTH PROVIDERS TO MEET.

Program 2

SPONSORED AND CO-HOSTED WISCONSIN TECHNOLOGY SUMMIT IN MARCH 2020, BRINGING TOGETHER MAJOR COMPANIES AND EMERGING FIRMS TO EXPLORE LIKELY BUSINESS RELATIONSHIPS AROUND TECHNOLOGY NEEDS AND...

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SPONSORED AND CO-HOSTED WISCONSIN TECHNOLOGY SUMMIT IN MARCH 2020, BRINGING TOGETHER MAJOR COMPANIES AND EMERGING FIRMS TO EXPLORE LIKELY BUSINESS RELATIONSHIPS AROUND TECHNOLOGY NEEDS AND INNOVATION. RELATIONSHIPS MAY INCLUDE CONTRACTING FOR RESEARCH AND DEVELOPMENT, BECOMING PART OF A LARGER SUPPLY CHAIN, AND PURSUING INVESTMENT AND ACQUISITION STRATEGIES.

Program 3

SPONSORED AND CO-HOSTED 6 WISCONSIN INNOVATION NETWORK LUNCHEONS ACCROSS THE STATE, COLLECTIVELY ATTENDED BY HUNDREDS OF PEOPLE. TOPICS INCLUDED: EPIC DATA SCIENCE LEADER TO OVERVIEW INNOVATION...

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SPONSORED AND CO-HOSTED 6 WISCONSIN INNOVATION NETWORK LUNCHEONS ACCROSS THE STATE, COLLECTIVELY ATTENDED BY HUNDREDS OF PEOPLE. TOPICS INCLUDED: EPIC DATA SCIENCE LEADER TO OVERVIEW INNOVATION; EBOLA, PANDEMICS AND AVIAN FLU; HEALTH CARE PARTNERSHIP IN CHIPPEWA VALLEY; AND PSYCHEDELIC THERAPY USED TO FIGHT DEPRESSION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $1,500
Program Service Revenue $60,000
Investment Income $4
Other Revenue $0
TOTAL REVENUE $61,504

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $48,429
TOTAL EXPENSES $48,429

Year-over-Year Comparison

2019 2018 Change
Revenue $61,504 $87,603 -0.3%
Expenses $48,429 $29,807 +0.6%
Net Income $13,075 $57,796 -0.8%
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
8
Independent Members
8
Employees
N/A
Volunteers
8

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM STILL CHAIRMAN 2.00
Officer Director
$0 $0 $0
ERIC BORGERDING VICE CHAIRMAN 0.00
Officer Director
$0 $0 $0
DAVID OLSON SECRETARY & TREASURER 0.00
Officer Director
$0 $0 $0
VIVEK BHATT DIRECTOR 0.00
Director
$0 $0 $0
ALAN KAPLAN DIRECTOR 0.00
Director
$0 $0 $0
MIKE LAPPIN DIRECTOR 0.00
Director
$0 $0 $0
RYAN NATZKE DIRECTOR 0.00
Director
$0 $0 $0
JED ROHER DIRECTOR 0.00
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
2020 $61,504 $48,429 $70,871 $13,075
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