Healthcare Industry Supply Chain Institute

Nonprofit profile at a glance

EIN
208008558
IRS 990-EZ coverage
2017–2017
Forms available
Form 990 2016, Form 990-EZ 2017
Location
Washington, DC, USA
Phone
2023671185
Rating confidence
Limited
Sector
Research Institutes and/or Public Policy Analysis

Official website

Reported finances

Revenue
$132,833
Expenses
$206,167
Assets
$155,540
Liabilities
$55,978

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • BOB GLOVER (CHAIR)
  • TOM SWEATT (VICE CHAIR)
  • JEREMY WILMINGTON (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To be a "performance improvement organization, dedicated to improving and increasing efficiencies within the healthcare supply chain through best practice sharing, education and networking.

What it reported doing in 2017

Member services and development - the organization reassesses strategic priorities and updates strategic goals to ensure it is meeting the needs of member companies. The organization develops best practices to address the root causes of healthcare supply chain inefficiencies, and develops and sponsors educational programing to support the economic wellbeing of organizations operating in the healthcare supply chain. In addition, the organization identifies and reaches out to potential member companies to provide updates on hisci activities in an effort to increase the base of hisci membership.

Operating model

Revenue model
Membership-supported. 99% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -55.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0.36; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -16.5% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -21% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.