INSTITUTE FOR BETTER HEALTH INC (EIN 942420501) - 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

1977

Legal Domicile

Principal Officer

STEVEN HAYES PHD

Phone

7075401288

Tax Period

2023-01-01 to 2023-12-31

INSTITUTE FOR BETTER HEALTH INC, founded in 1977, is a micro nonprofit in the Mental Health sector that reported $18K in total revenue in fiscal year 2023. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $100K exceeded revenue, resulting in a 471% operating deficit.

Mission

TO PROVIDE TOOLS AND EDUCATION THAT INCREASE THE COMPETENCY, KNOWLEDGE, SKILLS, AND PERFORMANCE QUALITY OF HEALTHCARE PROFESSIONALS, AND ENHANCE THE QUALITY OF CLIENT OUTCOMES AMONG THE DIVERSE POPULATIONS THEY SERVE THROUGH THE EFFECTIVE AND CULTURALLY SENSITIVE MANAGEMENT OF THE BIOPSYCHOSOCIAL ASPECTS OF HUMAN DEVELOPMENT.

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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 $15,000

Program Service Revenue $0

Investment Income $2,611

Other Revenue $0

TOTAL REVENUE $17,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $86,163

Other Expenses $100,487

TOTAL EXPENSES $100,487

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,611	$44,748	-0.6%
Expenses	$100,487	$66,674	+0.5%
Net Income	$-82,876	$-21,926	+2.8%

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

$24,000

Total Directors

$24,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN HAYES PHD	PRESIDENT	10.00	Officer Director	$0	$0	$0
STEFAN HOFMANN PHD	BOARD MEMBER	1.00	Director	$0	$0	$0
PARESH PATEL MD PHD	TREASURER	1.00	Officer Director	$0	$0	$0
ROCHELLE FRANK PHD	SECRETARY	1.00	Officer Director	$0	$0	$0
SPENCER SMITH	EXECUTIVE DIRECTOR/BOARD M	20.00	Officer Director	$24,000	$0	$24,000
JENNIFER DEMES	PAST COO	15.00	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	$17,611	$100,487	$437,121	$-82,876
2022	$44,748	$66,674	$513,278	$-21,926
2021	$239,955	$321,009	$551,473	$-81,054
2020	$175,327	$293,756	$704,222	$-118,429
2019	$337,376	$378,024	$896,273	$-40,648
2018	$954,607	$1,213,757	$879,074	$-259,150

INSTITUTE FOR BETTER HEALTH INC