Healthcare Quality and Research Systems Inc

EIN: 881094366 501(c)(3) Diseases & Disorders

Dallas, TX

Total Revenue
$5,000
Total Expenses
$27,146
Total Assets
$1,300,940
Net Assets
$1,279,622
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
DE
Phone
2143736300
Tax Period
2023-07-01 to 2024-06-30

Healthcare Quality and Research Systems Inc, founded in 2022, is a micro nonprofit in the Diseases & Disorders sector that reported $5K in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $27K exceeded revenue, resulting in a 443% operating deficit.

Mission

TO SUPPORT THE MISSION AND OPERATIONS OF the AMERICAN HEART ASSOCIATION, INC.

Program Service Accomplishments

Program 1
Expenses: $23,228 Revenue: $0

HEALTHCARE QUALITY AND RESEARCH SYSTEMS, INC. WAS CREATED PRIMARILY TO SUPPORT THE AMERICAN HEART ASSOCIATION, INC.'S (AHA'S) MISSION RELATED ACTIVITIES INTERNATIONALLY WHERE AHA NEEDS TO HAVE AN...

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HEALTHCARE QUALITY AND RESEARCH SYSTEMS, INC. WAS CREATED PRIMARILY TO SUPPORT THE AMERICAN HEART ASSOCIATION, INC.'S (AHA'S) MISSION RELATED ACTIVITIES INTERNATIONALLY WHERE AHA NEEDS TO HAVE AN IN-COUNTRY PRESENCE. HQRS previously FORMED HEALTHCARE QUALITY SYSTEMS IN SAUDI ARABIA ("HQS, KSA") AND HEALTHCARE QUALITY SYSTEMS IN UNITED ARAB EMIRATES ("HQS, UAE") (COLLECTIVELY, THE "FOREIGN SUBSIDIARIES"). HQRS, through its foreign subsidiaries, engages in mission related activities that directly relate to and further the AHA's life-saving mission.

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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 $5,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $23,228
Other Expenses $27,146
TOTAL EXPENSES $27,146

Year-over-Year Comparison

2023 2022 Change
Revenue $5,000 $1,305,000 -1.0%
Expenses $27,146 $3,232 +7.4%
Net Income $-22,146 $1,301,768 -1.0%
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
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
2
$2,183,032
Total Directors
3
$2,720,707
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Meiners Director & President 2.0
Officer Director
$0 $64,492 $980,134
Larry Cannon Director, Secretary, Treasurer 2.0
Officer Director
$0 $83,609 $1,202,898
Tammy Gregory Director 2.0
Director
$0 $68,644 $537,675
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
2025 No data No data No data No data
2024 $5,000 $27,146 $1,300,940 $-22,146
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