DETROIT, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HFII CORPORATION, founded in 2012, is a micro nonprofit in the Medical Research sector that reported $3K in total revenue in fiscal year 2023. Expenses of $4K exceeded revenue, resulting in a 25% operating deficit.
THE HENRY FORD INNOVATION INSTITUTE (HFII) WAS ESTABLISHED BY HENRY FORD HEALTH SYSTEM DBA HENRY FORD HEALTH (HF HEALTH) TO REFLECT ITS COMMITMENT TO INNOVATION WHICH SERVES AS BOTH A PHYSICAL AND VIRTUAL RESOURCE. IT PROVIDES HF HEALTH INNOVATORS ACCESS TO AN ARRAY OF INTELLECTUAL ASSET-RELATED RESOURCES AND PROGRAMS THAT INCLUDE TECHNOLOGICAL OPPORTUNITY ASSESSMENT, DESIGN SERVICES FOR PROTOTYPES, SEMINARS DESIGNED TO CONVEY OPPORTUNITIES, PROGRAMS AIMED AT DEVELOPING SPECIFIC MEDICAL PRODUCTS AND BROAD EDUCATIONAL OFFERINGS IN THE REALMS OF TRANSLATIONAL MEDICINE AND THE ENTREPRENEURIAL ARTS.HFII'S OPERATING PHILOSOPHY IS SIMPLE: USE INNOVATION TO IMPROVE HEALTHCARE AND THE PATIENT EXPERIENCE. THE INSTITUTE IS ORGANIZED AS AN INDEPENDENT SCIENTIFIC RESEARCH AND EDUCATIONAL ENTITY, ALLOWING IT TO OPERATE FLEXIBLY AND RAPIDLY.
PERFORMED SCIENTIFIC RESEARCH FOR PUBLIC BENEFIT THROUGH NOVEL TREATMENTS, CURES AND BETTER WAYS TO PROVIDE MEDICAL CARE. THESE RESULTS WILL BE PUBLISHED IN FORMS THAT ARE ASSESSABLE TO THE...
PERFORMED SCIENTIFIC RESEARCH FOR PUBLIC BENEFIT THROUGH NOVEL TREATMENTS, CURES AND BETTER WAYS TO PROVIDE MEDICAL CARE. THESE RESULTS WILL BE PUBLISHED IN FORMS THAT ARE ASSESSABLE TO THE INTERESTED PUBLIC IN A NONDISCRIMINATORY FASHION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,898 | $2,898 | N/A |
| Expenses | $3,628 | $3,628 | N/A |
| Net Income | $-730 | $-730 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SCOTT A DULCHAVSKY MD PHD | TRUSTEE - PRESIDENT | 2.00 |
Officer
Director
|
$0 | $63,832 | $1,188,936 |
| ROBIN S DAMSCHRODER | TRUSTEE-TREASURER | 2.00 |
Officer
Director
|
$0 | $61,913 | $2,468,944 |
| STEVEN N KALKANIS MD | TRUSTEE | 1.00 |
Director
|
$0 | $334,579 | $2,409,609 |
| ABHILASHA PRASAD | TRUSTEE | 1.00 |
Director
|
$0 | $38,356 | $557,195 |
| ROBERT G RINEY | TRUSTEE -CHAIR | 2.00 |
Officer
Director
|
$0 | $57,039 | $4,524,962 |
| MICHELLE JOHNSON TIDJANI ESQ | SECRETARY (THRU 9/2023) | 2.00 |
Officer
|
$0 | $47,822 | $1,615,611 |
| MARJORIE A STATEN JD | SECRETARY (START 9/2023) | 2.00 |
Officer
|
$0 | $14,695 | $237,931 |
| WILLIAM A CONWAY MD | FORMER TRUSTEE | 0.00 |
|
$0 | $34,375 | $201,780 |
| CARLADENISE A EDWARDS PHD | FORMER TRUSTEE | 0.00 |
|
$0 | $0 | $1,000,937 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,898 | $3,628 | $2,239 | $-730 |
| 2022 | $2,898 | $3,628 | $2,969 | $-730 |
| 2021 | $10,263 | $28,774 | $3,699 | $-18,511 |
| 2020 | $36,081 | $58,984 | $21,059 | $-22,903 |
| 2019 | $95,908 | $55,271 | $43,962 | $40,637 |
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