Healthcare Quality and Research Systems Inc

Nonprofit profile at a glance

EIN
881094366
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2021, Form 990-T 2024
Location
Dallas, TX, USA
Phone
2143736300
Rating confidence
Limited
Sector
Heart and Circulatory System Diseases, Disorders

Reported finances

Revenue
$0
Expenses
$20,890
Assets
$1,299,120
Liabilities
$40,388

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • John Meiners (Director & President)

Highest reported compensation

  • Larry Cannon (Director, Secretary, Treasurer): $1,270,798 total reported compensation
  • John Meiners (Director & President): $953,926 total reported compensation
  • Tammy Gregory (Director): $506,410 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support the mission and operations of the american heart association, inc.

What it reported doing in 2024

HEALTHCARE QUALITY AND RESEARCH SYSTEMS, INC. WAS CREATED PRIMARILY TO SUPPORT THE AMERICAN HEART ASSOCIATION, INC.'S (AHA'S) MISSION RELATED ACTIVITIES INTERNATIONALLY WHERE AHA NEEDS TO HAVE AN IN-COUNTRY PRESENCE. HQRS previously FORMED HEALTHCARE QUALITY SYSTEMS, LLC IN SAUDI ARABIA ("HQS, KSA") AND HEALTHCARE QUALITY SYSTEMS, LLC IN UNITED ARAB EMIRATES ("HQS, UAE") (COLLECTIVELY, THE "FOREIGN SUBSIDIARIES"). HQRS, through its foreign subsidiaries, engages in mission related activities that directly relate to and further the AHA's life-saving mission.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

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: 62
  • Transparency & Controls: 37
  • Accountability: 32
  • Sustainability: 30
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 82.2%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 62.19; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 1,098.7%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -30% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 21.4% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 53.5% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 82.2% of spending went to programs
  • Governance: 0 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $17K in reported program spending
  • Leadership: top reported pay $1.3M · 3 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 16 of 17 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes foreign activity and executive pay
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 2 filed related-organization links
  • 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.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.