Fairness for Injured Patients Act … - 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

Phone

9162855733

Tax Period

2021-01-01 to 2021-12-31

Fairness for Injured Patients Act Coalition, founded in 2019, is a small nonprofit that reported $609K in total revenue in fiscal year 2021. Revenue fell 79% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $168K, a strong 28% operating margin.

Mission

Influence the Election.

Program Service Accomplishments

Program 1

Expenses: $354,279

Committee was formed to qualify as a ballot initiative to be voted on in the November 2022 election to update medical malpractice damages caps set in 1975 for inflation.In 2021 the committee's...

Committee was formed to qualify as a ballot initiative to be voted on in the November 2022 election to update medical malpractice damages caps set in 1975 for inflation.In 2021 the committee's accomplishments were to plan, coordinate, and execute preparations for the ballot measure scheduled for winter 2022.

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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 $608,685

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $608,685

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $0

Fundraising Expenses $48,337

Program Expenses $354,279

Other Expenses $393,526

TOTAL EXPENSES $441,026

Year-over-Year Comparison

	2021	2020	Change
Revenue	$608,685	$2,848,225	-0.8%
Expenses	$441,026	$3,020,179	-0.9%
Net Income	$167,659	$-171,954	-2.0%

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
Shawnda Deane	Asst. Treasurer	1.00	Officer Director	$0	$0	$0
Jakob Norman	Treasurer	5.00	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	$608,685	$441,026	$309,569	$167,659
2020	$2,848,225	$3,020,179	$141,910	$-171,954
2019	$1,760,521	$1,446,657	$313,864	$313,864

Fairness for Injured Patients Act Coalition