HFII CORPORATION (EIN 900840304) - 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

2012

Legal Domicile

Principal Officer

ROBIN DAMSCHRODER

Phone

3138768714

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

THE MISSION OF THE HENRY FORD INNOVATION INSTITUTE (HFII) IS TO ENHANCE PATIENT CARE AND RESEARCH, TRAINING, AND COMMERCIALIZATION OPPORTUNITIES WITHIN HENRY FORD HEALTH THROUGH INNOVATION AND CREATIVE IDEATION.

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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 $2,898

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,898

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,628

Other Expenses $3,628

TOTAL EXPENSES $3,628

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,898	$2,898	N/A
Expenses	$3,628	$3,628	N/A
Net Income	$-730	$-730	N/A

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

$10,036,384

Total Directors

$11,149,646

Key Employees

Highest Compensated

reported

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

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	$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

HFII CORPORATION