THE PREPAREDNESS AND TREATMENT EQUITY COALITION CORP

EIN: 853179615 501(c)(3)

NEW YORK, NY

Total Revenue
$255,000
Total Expenses
$117,932
Total Assets
$314,876
Net Assets
$314,876
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
DE
Principal Officer
RAYMOND WILLIAMS JD
Phone
9172872663
Tax Period
2022-01-01 to 2022-12-31

THE PREPAREDNESS AND TREATMENT EQUITY COALITION CORP, founded in 2020, is a small nonprofit that reported $255K in total revenue in fiscal year 2022. Revenue surged 112% from the prior year, signaling strong growth momentum. The organization ran a surplus of $137K, a strong 54% operating margin.

Mission

PREPAREDNESS AND TREATMENT EQUITY COALITION (PTEC) ADVANCES THE STUDY AND IDENTIFICATION OF HEALTH SYSTEM REFORMS TO IMPROVE HEALTH OUTCOMES AND BY DOING SO TO REDUCE HEALTH DISPARITIES IN BLACK, LATINO, ASIAN AND NATIVE AMERICAN COMMUNITIES. THIS INCLUDES ACCESS TO TESTING, DIAGNOSIS AND TREATMENT OF CONDITIONS THAT ARE PREVALENT OR POORLY TREATED IN THOSE PATIENT GROUPS.

Program Service Accomplishments

Program 1
Expenses: $102,306 Revenue: $0

RESEARCH - PANDEMIC RECOVERY EFFORTS CANNOT REACH THEIR FULL POTENTIAL WITHOUT ADDRESSING THE INEQUITIES IN CARE THAT MAKE AN INFECTIOUS DISEASE PANDEMIC EVEN MORE DEADLY FOR CERTAIN COMMUNITIES IN...

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RESEARCH - PANDEMIC RECOVERY EFFORTS CANNOT REACH THEIR FULL POTENTIAL WITHOUT ADDRESSING THE INEQUITIES IN CARE THAT MAKE AN INFECTIOUS DISEASE PANDEMIC EVEN MORE DEADLY FOR CERTAIN COMMUNITIES IN THE US.TO DATE, THERE IS SIGNIFICANT EVIDENCE OF HEALTH DISPARITIES WITHIN UNDERSERVED COMMUNITIES, INCLUDING THOSE DUE TO THE EFFECTS OF SOCIAL DETERMINANTS AND INSTITUTIONAL RACISM. HOWEVER, SEVERAL FACTORS OF THE RESEARCH LANDSCAPE IMPEDE EFFORTS TO MAKE MEANINGFUL CHANGE: CURRENT RESEARCH IS SILOED AND GENERALLY KNOWLEDGE-DRIVEN, NOT GROUNDED IN APPLICATION AND OPERATIONAL CHANGE; EXISTING DATASETS ABOUT THESE DISPARITIES ARE NOT WELL-CONNECTED AND DO NOT SERVE A COMMON PURPOSE, DUE TO LIMITED INCENTIVES INCLUDING BARRIERS INHERENT IN THE REIMBURSEMENT SYSTEM; THE USE OF ADVANCED ANALYTICS AND COMBINED DATASETS HAS BEEN LIMITED, CAUSING A LACK OF UNDERSTANDING OF MAJOR POINTS OF INTERVENTION.HEALTHCARE DELIVERY SYSTEMS EXACERBATE THESE DISPARITIES THROUGH COMMON PRACTICES. FOR EXAMPLE, PAYMENT FOR VALUE CAN ENCOURAGE PROVIDERS TO AVOID PATIENTS WHO MAY REQUIRE MORE TIME OR RESOURCES TO ACHIEVE THE SAME HEALTH OUTCOME. FURTHERMORE, PERFORMANCE MEASURES ARE REPORTED IN AGGREGATE, LEADING TO SYSTEMS IN WHICH PROVIDERS CAN ACHIEVE PERFORMANCE BONUSES EVEN WITH HEALTH INEQUITY.OUR RESEARCH EXAMINES DELIVERY SYSTEM REFORMS TO ADDRESS HEALTHCARE DISPARITIES. THESE EFFORTS WILL FOCUS ON SEVERAL KEY AREAS: REPORTING PERFORMANCE METRICS: DEVELOPING HEALTH SYSTEM PERFORMANCE METRICS (SUCH AS VACCINATION RATES OR CARDIOVASCULAR AND METABOLIC DISEASE RATES) TO IDENTIFY DISPARITIES, NOT JUST AVERAGE LEVELS OF CARE; SEGMENTING METRICS BASED ON TIME SPENT TO IDENTIFY THE IMPLICATIONS OF ADVERSE SELECTION; EXPLORING HOW PUBLIC PROGRAMS COULD DRIVE A CHANGE IN REPORTING AND RENUMERATION.DATA USE: UNDERSTANDING TARGETING AND PRESENTATION STRATEGIES TO ENSURE DATA IS USED TO ADVANCE THE MESSAGE OF HEALTHCARE DISPARITIES TO KEY STAKEHOLDERS; IDENTIFYING NEW RESEARCH AREAS SPECIFIC TO VACCINATION AND CHRONIC DISEASE TREATMENT TO DRIVE THE IMPORTANCE OF HEALTH EQUITY.OUTCOME VISIBILITY: MAKING DISPARITIES IN OUTCOMES OF KEY PROVIDER GROUPS (ACADEMIC CENTERS, HEALTH SYSTEMS, HOSPITALS, LIFE SCIENCES COMPANIES, AND PAYORS) VISIBLE TO DRIVE INTENT TO DECREASE HEALTH EQUITY; ESTABLISHING CLEAR METRICS OF HEALTH EQUITY SUCCESS AND PUBLICIZING THESE OUTCOMES TO INCENTIVIZE ACTION.DURING 2022 A GRANT WAS GIVEN TO EVALUATE HEALTH SYSTEM DELIVERY MODELS AND REFORMS.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $255,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $255,000

Expense Breakdown

Grants Paid $31,000
Salaries & Benefits $68,306
Fundraising Expenses $0
Program Expenses $102,306
Other Expenses $18,626
TOTAL EXPENSES $117,932

Year-over-Year Comparison

2022 2021 Change
Revenue $255,000 $120,000 +1.1%
Expenses $117,932 $287,416 -0.6%
Net Income $137,068 $-167,416 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
9

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND WILLIAMS JD CHAIR 0.20
Officer Director
$0 $0 $0
SUNG POBLETE PHD RN VICE CHAIR 0.20
Officer Director
$0 $0 $0
ANTONIO FERNANDEZ TREASURER 0.20
Officer Director
$0 $0 $0
SUSAN PESCHIN MHS SECRETARY 0.20
Officer Director
$0 $0 $0
CARMEN PERALTA MD MAS DIRECTOR 0.20
Director
$0 $0 $0
KIRSTEN AXELSEN EXECUTIVE SECRETARY 10.00
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
2022 $255,000 $117,932 $314,876 $137,068
2021 $120,000 $287,416 $178,789 $-167,416
2020 $270,000 $1,559 $270,000 $268,441
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