BOISE, ID
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)SUMMIT HYPERBARICS AND WELLNESS INC, founded in 2021, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.1M left a modest 14% surplus.
THE ORGANIZATION'S MISSION IS TO PROVIDE REHABILITATION SERVICES TO INJURED MILITARY PERSONNEL (ACTIVE, GUARD, AND RESERVE), MILITARY VETERANS, FIRST RESPONDERS, AND DISABLED PERSONS.
GENERAL PROGRAMS - INFRASTRUCTURE EXPENDITURES ENCOMPASS COSTS ASSOCIATED WITH ESTABLISHING OPERATIONAL SYSTEMS AND PROCESSES TO SUPPORT SERVICES ONCE THE FACILITY BECOMES OPERATIONAL. THESE INCLUDE...
GENERAL PROGRAMS - INFRASTRUCTURE EXPENDITURES ENCOMPASS COSTS ASSOCIATED WITH ESTABLISHING OPERATIONAL SYSTEMS AND PROCESSES TO SUPPORT SERVICES ONCE THE FACILITY BECOMES OPERATIONAL. THESE INCLUDE ADMINISTRATIVE SETUP, TECHNOLOGY IMPLEMENTATION, PROCUREMENT OF SOFTWARE, MEDICAL RECORD SYSTEM, AND EQUIPMENT, STAFF HIRING, AND OTHER ESSENTIAL COMPONENTS VITAL FOR THE EFFECTIVE DELIVERY OF HYPERBARIC AND WELLNESS SERVICES AS DEFINED IN OUR APPROVED APPLICATION FOR TAX-EXEMPT STATUS.
HYPERBARIC - OVER THE PAST YEAR, THE HYPERBARIC THERAPY SERVICES PRIORITIZED ACTIVITIES SUCH AS FOSTERING PARTNERSHIPS WITH MANUFACTURERS, FACILITATING COMMUNICATION AMONG STAKEHOLDERS INVOLVED IN...
HYPERBARIC - OVER THE PAST YEAR, THE HYPERBARIC THERAPY SERVICES PRIORITIZED ACTIVITIES SUCH AS FOSTERING PARTNERSHIPS WITH MANUFACTURERS, FACILITATING COMMUNICATION AMONG STAKEHOLDERS INVOLVED IN CONSTRUCTION, INITIATION STAFF TRAINING PROGRAMS, AND FORMULATING POLICIES AND PROCEDURES. THE PRIMARY FOCUS WAS ON DEVELOPING THE REQUISITE INFRASTRUCTURE AND STAFFING TO FULFILL BUILDING AND REGULATORY STANDARDS, THUS ENSURING PREPAREDNESS FOR OPERATIONAL DEPLOYMENT
RESEARCH - FUNDS ALLOCATED FOR THE DEVELOPMENT OF RESEARCH PROJECTS AIMED AT ADVANCING THE UNDERSTANDING AND EFFICACY OF HYPERBARIC THERAPY AND OTHER INTERVENTIONS FOR TARGET POPULATIONS. THIS...
RESEARCH - FUNDS ALLOCATED FOR THE DEVELOPMENT OF RESEARCH PROJECTS AIMED AT ADVANCING THE UNDERSTANDING AND EFFICACY OF HYPERBARIC THERAPY AND OTHER INTERVENTIONS FOR TARGET POPULATIONS. THIS INCLUDES COLLABORATION WITH INSTITUTIONAL REVIEW BOARDS (IRBS), CONSULTANTS, AND THE FOOD AND DRUG ADMINISTRATION (FDA) TO SECURE STUDY APPROVAL, ENSURING ADHERENCE TO RIGOROUS RESEARCH STANDARDS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,308,433 | N/A | N/A |
| Expenses | $1,127,236 | N/A | N/A |
| Net Income | $181,197 | $0 | N/A |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEVEN WYMAN MD | MEDICAL DIRECTOR | 40 |
Officer
Director
|
$299,034 | $29,347 | $328,381 |
| BONNIE CARNS | ADMINISTRATOR | 40 |
Officer
Director
|
$193,012 | $0 | $193,012 |
| J THOMAS AHLQUIST III MD | CHAIR | 1 |
Officer
Director
|
$0 | $0 | $0 |
| ROGER QUARLES | SECRETARY & TREASURER | 1 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY A NIEZGODA MD | VICE CHAIR | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,308,433 | $1,127,236 | $182,874 | $181,197 |
Compare SUMMIT HYPERBARICS AND WELLNESS INC with other nonprofits in Idaho and across the country.