Health Career Connection Inc

What it reported doing in 2024

Health career connection, inc. (hcc) is a California 501(c)(3) nonprofit organization that was founded in 1990 and incorporated in 2003. For over 35 years, hcc has demonstrated an unyielding commitment to advancing the health workforce, health improvement and health for all by inspiring and empowering health leaders and professionals from all backgrounds, particularly the communities they serve. In 2024, this commitment was actualized through the provision of over 400 paid health career launching educational and experimental learning opportunities to college students. Hcc proudly maintains a network of over 5,800 alumni who continue to make significant contributions to the health sector.healthcare legacy services -hcc's impact is both far-reaching and welcoming, with educational internship cohort programs extended across 11 regions of the nation, including northern, central, southern, and coachella valley California, new england, (New York/New Jersey/Washington d.c./baltimore, philadelphia), (chicago, detroit, minneapolis), and North Carolina. Furthermore, hcc's innovative virtual programs effectively engage students from all 50 states, thus promoting equal access to health education nationwide.hcc empowers college students to achieve their authentic health careers and prepares them for greater educational, economic, and career success. Hcc is committed to serving students from all backgrounds, including students from first-generation college families, low-income households, and medically underserved rural and urban communities.the efficacy of hcc's programs and commitment to both student success and strengthening the health workforce is evident in the impressive outcomes achieved by students. During 2024 internship cycle, 97% of participants increased their knowledge of health career options and their confidence they could successfully pursue them and 96% increased their knowledge of graduate health professions and training options. Additionally, 46% extended their internships or secured job offers while 97% gained practical new skills were motivated to serve in underserved communities. Others established lasting mentor relationships and strengthened their professional networks. These outcomes underscore our organization's transformative role in shaping the future of healthcare professionals with the capabilities and commitments to improve health for all in the communities they serve.

Financial Efficiency

• Mission deployment rate: 19.2%; rating input score 19
• Program expense ratio: 78.6%; rating input score 79
• Fundraising efficiency: $187.77 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 93.3%; rating input score 93; 26th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 76.6%; rating input score 98; 98th percentile among comparable filings
• Total-asset coverage ratio: 3.85; rating input score 80; 80th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 15.5%; rating input score 8; 8th percentile among comparable filings

Growth

• Program expense growth: 9.5% per year; rating input score 100; 68th percentile among comparable filings
• Revenue growth: 22.9% per year; rating input score 100; 94th percentile among comparable filings
• Asset growth: 30% per year; rating input score 100; 96th percentile among comparable filings