Initiative for Health Care Afforda… - Form 990 Financial Data

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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

2019

Legal Domicile

Principal Officer

CARRIE KINCAID

Phone

2024489521

Tax Period

2021-01-01 to 2021-12-31

Initiative for Health Care Affordability, founded in 2019, is a small nonprofit that reported $308K in total revenue in fiscal year 2021. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $289K left a modest 6% surplus.

Mission

The mission of the Organization is to increase the number of affordable, accessible health insurance options for Americans.

Program Service Accomplishments

Program 1

Expenses: $285,216

The organization educated the public and policymakers about the costs of certain Affordable Care Act rules. This included analyzing health- care cost data, preparing a summary report, and...

The organization educated the public and policymakers about the costs of certain Affordable Care Act rules. This included analyzing health- care cost data, preparing a summary report, and distributing that research via interviews and opinion articles.

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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 (2021)

Revenue Breakdown

Contributions & Grants $307,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $307,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $285,216

Other Expenses $289,419

TOTAL EXPENSES $289,419

Year-over-Year Comparison

	2021	2020	Change
Revenue	$307,500	$621,000	-0.5%
Expenses	$289,419	$529,141	-0.5%
Net Income	$18,081	$91,859	-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

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
CARRIE KINCAID	Director	0.500	Officer Director	$0	$0	$0
MARTY ANDERSON	DirectorSecretary	0.500	Officer Director	$0	$0	$0
JOHN WISNIEWSKI	Director	0.500	Director	$0	$0	$0
JIAN YU	Director	0.500	Director	$0	$0	$0
BRADLEY BARTLE	Director	0.500	Director	$0	$0	$0
MARTI LOLLI	DirectorPresident	0.500	Officer Director	$0	$0	$0
SARAH MACDERMENT	DirectorTreasurer	0.500	Officer 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
2021	$307,500	$289,419	$129,290	$18,081
2020	$621,000	$529,141	$111,209	$91,859

Initiative for Health Care Affordability