INSTITUTE FOR THE ADVANCEMENT OF M… - 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

2019

Legal Domicile

Principal Officer

SANDRA MELVIN

Phone

6016653812

Tax Period

2023-01-01 to 2023-12-31

INSTITUTE FOR THE ADVANCEMENT OF MINORITY HEALTH, founded in 2019, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.0M in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $3.7M exceeded revenue, resulting in a 21% operating deficit.

Mission

THE INSTITUDE FOR ADVANCMENT OF MINORITY HEALTH WAS ESTABLISHED IN 2019 TO REDUCE HEALTH DISPARITIES AMONG DISADVANTAGED AND UNDERSERVED MINORITY POPULATIONS IN MISSISSIPPI THROUGH THE ESTABLISHED OF COMMUNITY-BASED PARTNERSHIPS THAT UTILIZE THE HEALTH EQUITY FRAMEWORK AS THE FOUNDATION FOR THE DEVELOPMENT OF CULTURALLY APPROPRIATE SOLUTIONS.

Program Service Accomplishments

Program 1

- USED COMMUNITY-BASED PARTICIPATOR APPROACHES TO REDUCE TOBACCO INEQUITIES AMONG AFRICAN AMERICAN MALES IN THE MS DELTA RIVER REGION. - THE DELTA COMPREHENSIVE HIV PREVENTION (DCCHPP) PROGRAM TAKES AN INTEGRATED APPROACH TO REDUCING HEALTH DISPARITIES IN THE MISSISSIPPI BY TAKING A HOLISTIC APPROACH TO HIV PREVENTION AND TREATMENT THAT INCLUDES IDENTIFYING THOSE AT RISK FOR HIV, THOSE PERSONS WITH HIV AND LINKING THEM TO PREVENTION AND TREATMENT SERVICES, PROVIDING COMMUNITY OUTREACH AND EDUCATION, PROVIDING CULTURALLY SPECIFIC TRAINING TO LOCAL HEALTH CARE PROVIDERS AND ENHANCING SOCIAL SUPPORT SYSTEMS. THE DELTA COMPREHENSIVE HIV PREVENTION (DCCHPP) PROGRAM TAKES AN INTEGRATED APPROACH TO REDUCING HEALTH DISPARITIES IN THE MISSISSIPPI BY TAKING A HOLISTIC APPROACH TO HIV PREVENTION AND TREATMENT THAT INCLUDES IDENTIFYING THOSE AT RISK FOR HIV, THOSE PERSONS WITH HIV AND LINKING THEM TO PREVENTION AND TREATMENT SERVICES, PROVIDING COMMUNITY OUTREACH AND EDUCATION, PROVIDING CULTURALLY SPECIFIC TRAINING TO LOCAL HEALTH CARE PROVIDERS AND ENHANCING SOCIAL SUPPORT SYSTEMS. - THIS PROJECT WAS IMPLEMENTED TO INCREASE AVAILABILITY AND ACCESSIBILITY TO COVID-19 RESOURCES THROUGH 1) THE ESTABLISHMENT OF A COMMUNITY ADVISORY COUNCIL; 2) THE PROVISION OF COVID-19 EDUCATION AND 3) PROMOTE VACCINE UPTAKE IN MINORITY UNDERSERVED COMMUNITIES THROUGH THE IMPLEMENTATION OF COMMUNITY-BASED VACCINE CLINICS USING THE COMMUNITY HEALTH WORKER MODEL.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $2,672,428

Program Service Revenue $0

Investment Income $12,254

Other Revenue $341,886

TOTAL REVENUE $3,026,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,081,611

Fundraising Expenses $0

Program Expenses $3,267,875

Other Expenses $2,584,951

TOTAL EXPENSES $3,666,562

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,026,568	$3,804,867	-0.2%
Expenses	$3,666,562	$3,073,222	+0.2%
Net Income	$-639,994	$731,645	-1.9%

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

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
SANDRA MELVIN	CEO	N/A	Highest	$168,755	$0	$168,755
HELEN BEADY	MEMBER	N/A	Director	$0	$0	$0
LUIZ ESPINOZA	MEMBER	N/A	Director	$0	$0	$0
ALLYTRA PERRYMAN	MEMBER	N/A	Director	$0	$0	$0
LORENA QUIROZ	MEMBER	N/A	Director	$0	$0	$0
CHRIS BELL	PRESIDENT	N/A	Officer	$0	$0	$0
CASSANDRA HAWKINS	SECRETARY	N/A	Officer	$0	$0	$0
MICHAEL JONES	TREASURER	N/A	Officer	$0	$0	$0
NIC LOTT	VICE-PRESIDE	N/A	Officer	$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
2024	No data	No data	No data	No data
2023	$3,026,568	$3,666,562	$1,501,244	$-639,994
2022	$3,804,867	$3,083,506	$1,645,246	$721,361
2022	$3,804,867	$3,073,222	$1,645,245	$731,645
2021	$1,858,283	$1,506,935	$471,724	$351,348
2021	$1,868,558	$1,496,089	$492,573	$372,469
2020	$593,053	$560,257	$134,949	$32,796

INSTITUTE FOR THE ADVANCEMENT OF MINORITY HEALTH