Voices of Health Care Action

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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

2022

Legal Domicile

Principal Officer

Laura Packard

Tax Period

2023-01-01 to 2023-12-31

Voices of Health Care Action, founded in 2022, is a micro nonprofit that reported $30K in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $19K, a strong 62% operating margin.

Mission

The Corp is organized for the prupose of promoting social welfare within the meaning of section 501c4 of the Internal Revenue Code, inculding but not limited to, working as an independent grassroots group of progressive health care advoacates by lifting up people with personal health care stories, and holding accountable the elected officials.

Program Service Accomplishments

Program 1

Expenses: $5,215

Working to make our health care system better for all.

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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 (2023)

Revenue Breakdown

Contributions & Grants $30,000

Program Service Revenue $0

Investment Income $183

Other Revenue $0

TOTAL REVENUE $30,183

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,215

Other Expenses $11,598

TOTAL EXPENSES $11,598

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,183	$250,000	-0.9%
Expenses	$11,598	$188,615	-0.9%
Net Income	$18,585	$61,385	-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

Governance

Voting Members

Independent Members

N/A

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
Elena Hung	Director	001.00	Director	$0	$0	$0
Julie Powers	Director	001.00	Director	$0	$0	$0
Ola Ojewumi	Director	001.00	Director	$0	$0	$0
Justin Mendoza	Director	001.00	Director	$0	$0	$0
Laura Packard	President	020.00	Officer	$0	$0	$0
Kathleen Cavanaugh	Treasurer	001.00	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
2024	No data	No data	No data	No data
2023	$30,183	$11,598	$79,970	$18,585
2022	$250,000	$188,615	$61,385	$61,385