HEALTH BENEFITS INSTITUTE

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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

JOEL WHITE

Phone

2026438645

Tax Period

2024-01-01 to 2024-12-31

HEALTH BENEFITS INSTITUTE, founded in 2019, is a small nonprofit in the Health Care sector that reported $200K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $58K, a strong 29% operating margin.

Mission

TO PROMOTE FREE-MARKET THOUGHT LEADERSHIP AND SOUND POLICY SOLUTIONS TO THE BIGGEST CHALLENGES IN HEALTH CARE.

Program Service Accomplishments

Program 1

Expenses: $77,575

ADVOCACY AND POLICY INITIATIVES ON ISSUES FACING HEALTH CARE IN THE FEDERAL AND STATE LEVELS.

Program 2

Expenses: $33,247

CONSUMER PROTECTION AND STANDARDS TO ENSURE THAT WE HAVE A MARKET THAT FUNCTIONS WELL FOR EMLOYERS AND CONSUMERS.

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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 $200,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $200,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $16,000

Program Expenses $110,822

Other Expenses $142,242

TOTAL EXPENSES $142,242

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200,000	$234,500	-0.1%
Expenses	$142,242	$199,247	-0.3%
Net Income	$57,758	$35,253	+0.6%

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
JOEL WHITE	PRESIDENT	1.00	Officer Director	$0	$0	$0
SANDY MONTICELLI	TRESURER, VP FINANCE	1.00	Officer Director	$0	$0	$0
JOSEPH JP WIESKE	EXECUTIVE DIRECTOR	10.00	Officer Director	$0	$0	$0
N/A	DIRECTOR	1.00		$0	$0	$0
N/A	DIRECTOR	1.00		$0	$0	$0
N/A	DIRECTOR	1.00		$0	$0	$0
N/A	DIRECTOR	1.00		$0	$0	$0
N/A	DIRECTOR	1.00		$0	$0	$0
N/A	DIRECTOR	1.00		$0	$0	$0
N/A	DIRECTOR	1.00		$0	$0	$0
N/A	DIRECTOR	1.00		$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	$200,000	$142,242	$185,889	$57,758
2023	$234,500	$199,247	$128,131	$35,253
2022	$180,000	$186,741	$92,878	$-6,741
2021	$211,670	$172,654	$99,619	$39,016
2020	$140,002	$153,213	$60,603	$-13,211
2019	$125,000	$51,186	$73,814	$73,814