ALLIANCE FOR ARTIFICIAL INTELLIGENCE IN HEALTHCARE (EIN 832623146) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

ELAINE HAMM

Phone

7038551301

Tax Period

2024-01-01 to 2024-12-31

ALLIANCE FOR ARTIFICIAL INTELLIGENCE IN HEALTHCARE, founded in 2018, is a small nonprofit in the Health Care sector that reported $216K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $201K left a modest 7% surplus.

Mission

THE AAIH IS AN INTERNATIONAL 501(C)4 NOT-FOR-PROFIT MULTI-STAKEHOLDER ADVOCACY ORGANIZATION, LAUNCHED IN 2019 TO PROMOTE SCIENTIFIC, LEGISTLATIVE, AND REGULATORY INITIATIVES NECESSARY FOR THE DEVELOPMENT, ACCESSIBILITY, AND IMPLEMENTATION OF ARTIFICIAL INTELLIGENCE (AI) POWERED HEALTHCARE SOLUTIONS. OUR MISSION IS TO ENABLE THE ADVANCEMENT AND RESPONSIBLE USE OF AI IN HEALTHCARE TO IMPROVE PATIENT'S LIVES BY FOCUSING ON RESOLUTION OF THE SECTORS MOST PRESSING AND SIGNIFICANT ISSUES FOR PATIENTS AND DEVELOPER. IT ADVANCES THESE GOALS BY WORKING COLLECTIVELY TO IDENTIFY AND ADDRESS INDUSTRY WIDE CONCERNS, ONE OF WHICH IS THE INTERSECTION OF AI AND INTELLECTUAL PROPERTY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $215,592

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $215,592

Expense Breakdown

Grants Paid $0

Salaries & Benefits $131,762

Fundraising Expenses $28,191

Program Expenses $81,112

Other Expenses $69,183

TOTAL EXPENSES $200,945

Year-over-Year Comparison

	2024	2023	Change
Revenue	$215,592	$393,950	-0.5%
Expenses	$200,945	$243,361	-0.2%
Net Income	$14,647	$150,589	-0.9%

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

N/A

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

$131,762

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MUSTAQHUSAID KAZI	CHAIRPERSON	5.00	Officer Director	$0	$0	$0
STACIE CALAD-THOMSON	VICE-CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARIA LUISA PINEDA	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES ZANEWICZ	TREASURER	1.00	Officer Director	$0	$0	$0
NAHEED KURJI	DIRECTOR	0.50	Director	$0	$0	$0
SARAH BENSON-KONFORTY	DIRECTOR	0.50	Director	$0	$0	$0
ESTHER BLEICHER	DIRECTOR	0.50	Director	$0	$0	$0
ARNAUB CHATTERJEE	DIRECTOR	0.50	Director	$0	$0	$0
JOSEPH LEHAR	DIRECTOR	0.50	Director	$0	$0	$0
BRUCE PRESS	DIRECTOR	0.50	Director	$0	$0	$0
RAFAEL ROSENGARTEN	DIRECTOR	0.50	Director	$0	$0	$0
ANGELA WILKENS	DIRECTOR	0.50	Director	$0	$0	$0
ALEX ZHAVORONKOV	DIRECTOR	0.50	Director	$0	$0	$0
ELAINE HAMM	EXECUTIVE DIRECTOR	10.00	Officer	$131,762	$0	$131,762

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	$215,592	$200,945	$106,554	$14,647
2023	$393,950	$243,361	$101,975	$150,589
2022	$535,692	$541,549	$99,273	$-5,857
2021	$382,200	$494,393	$103,270	$-112,193
2020	$614,100	$665,408	$136,226	$-51,308
2019	$528,700	$645,042	$521,505	$-116,342

ALLIANCE FOR ARTIFICIAL INTELLIGENCE IN HEALTHCARE