IHM QALICB INC (EIN 880541245) - Form 990 Financial Analysis & Trantor Score

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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

SYDNEY SAWYER

Phone

6018496440

Tax Period

2024-01-01 to 2024-12-31

IHM QALICB INC, founded in 2022, is a small nonprofit in the Health Care sector that reported $310K in total revenue in fiscal year 2024. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 232% operating deficit.

Mission

THE IHM QALICB,INC IS ORGANIZED AND SHALL AT ALL TIMES BE OPERATED FOR PURPOSES OF PROMOTING AND ASSISTING INDEPENDENT HEALTHCARE MANAGEMENT, A MISSISSIPPI NOT-FOR-PROFIT COMMUNITY HOSPITAL, WITH THE DEVELOPMENT OF THE HOSPITAL FACILITY AND RAISING OF FUNDS FOR THE OPERATION OF HEALTH CARE RELATED SERVICES TO BENEFIT THE HEALTH AND WELLNESS OF THE CITIZENS OF MISSISSIPPI.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $309,999

TOTAL REVENUE $309,999

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,028,210

Other Expenses $1,028,210

TOTAL EXPENSES $1,028,210

Year-over-Year Comparison

	2024	2023	Change
Revenue	$309,999	$1,023,762	-0.7%
Expenses	$1,028,210	$416,070	+1.5%
Net Income	$-718,211	$607,692	-2.2%

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
SYDNEY SAWYER	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH MCNULTY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN P LEE	DIRECTOR	1.00	Director	$0	$0	$0
BRENT GAY	DIRECTOR	1.00	Director	$0	$0	$0
JASON TILLMAN	DIRECTOR	1.00	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	$309,999	$1,028,210	$22,267,197	$-718,211
2023	$1,023,762	$416,070	$22,817,135	$607,692
2022	$1,969,467	$36,667	$22,192,800	$1,932,800

IHM QALICB INC