HEALTH EQUITY COMPACT INC (EIN 990943875) - 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

2023

Legal Domicile

Principal Officer

LINDSEY TUCKER

Phone

6174262225

Tax Period

2023-11-21 to 2024-06-30

HEALTH EQUITY COMPACT INC, founded in 2023, is a small nonprofit in the Health Care sector that reported $493K in total revenue in fiscal year 2023. Expenses of $732K exceeded revenue, resulting in a 49% operating deficit.

Mission

PROMOTE HEALTH THROUGH THE ELIMINATION OF SYSTEMIC BARRIERS TO EQUITABLE HEALTHCARE AND HEALTH OUTCOMES FOR ALL IN MASSACHUSETTS.

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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 $492,600

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $492,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $701,058

Other Expenses $731,581

TOTAL EXPENSES $731,581

Year-over-Year Comparison

	2023	2022	Change
Revenue	$492,600	N/A	N/A
Expenses	$731,581	N/A	N/A
Net Income	$-238,981	N/A	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

Employees

N/A

Volunteers

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
AMIE SHEI	DIRECTOR	3.00	Director	$0	$0	$0
ELSIE TAVERAS	DIRECTOR	3.00	Director	$0	$0	$0
FILAINE DERONNETTE	DIRECTOR	3.00	Director	$0	$0	$0
JUAN FERNANDO LOPERA	TREASURER	3.00	Officer Director	$0	$0	$0
MANNY LOPES	CLERK	3.00	Officer Director	$0	$0	$0
MICHAEL CURRY	DIRECTOR	3.00	Director	$0	$0	$0
ROSA COLON-KOLACKO	CHAIR	3.00	Officer 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	$492,600	$731,581	$612,483	$-238,981
2024	$750,725	$472,164	$736,214	$278,561

HEALTH EQUITY COMPACT INC