THE HEALTHQUEST FOUNDATION INC

EIN: 862102258 501(c)(3) Diseases & Disorders

PALM CITY, FL

Total Revenue
$17,547
Total Expenses
$34,962
Total Assets
$1,972,435
Net Assets
$1,972,435
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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
2020
Legal Domicile
FL
Principal Officer
THOMAS GIANCURSIO
Phone
7148209230
Tax Period
2023-01-01 to 2023-12-31

THE HEALTHQUEST FOUNDATION INC, founded in 2020, is a micro nonprofit in the Diseases & Disorders sector that reported $18K in total revenue in fiscal year 2023. Expenses of $35K exceeded revenue, resulting in a 99% operating deficit.

Mission

TO IMPROVE CANCER TREATMENT AND FINDING NEW CANCER THERAPEUTICS THROUGH RESEARCH, DEVELOPMENT, AND DELIVERY OF INNOVATIVE CANCER THERAPIES, EDUCATION, AND SUPPORT TO INDIVIDUALS IN NEED

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $17,547
Other Revenue $0
TOTAL REVENUE $17,547

Expense Breakdown

Grants Paid $30,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $30,500
Other Expenses $4,462
TOTAL EXPENSES $34,962

Year-over-Year Comparison

2023 2022 Change
Revenue $17,547 N/A N/A
Expenses $34,962 $10,150 +2.4%
Net Income $-17,415 $-10,150 +0.7%
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

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Governance

Voting Members
3
Independent Members
3
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS GIANCURSIO PRESIDENT N/A
Officer
$0 $0 $0
STEFANIE OVIATT DIRECTOR N/A
Director
$0 $0 $0
MICHAEL VOLPE DIRECTOR N/A
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
2024 No data No data No data No data
2023 $17,547 $34,962 $1,972,435 $-17,415
2022 No data $10,150 $1,989,850 No data
2021 No data No data $2,000,000 No data
2020 $2,000,000 No data $2,000,000 No data
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