Healthcare Research Inc

Nonprofit profile at a glance

EIN
581682155
IRS 990 coverage
2009–2009
Forms available
Form 990 2009
Location
Atlanta, GA, USA
Phone
4049820411
Rating confidence
Limited
Sector
Health Support Services

Official website

Reported finances

Revenue
$232,674
Expenses
$229,970
Assets
$501,654
Liabilities
$498,950

Source: IRS Form 990. Selected filing: tax year 2009. Amounts in USD.

Leadership & pay

7 people listed

Source: IRS Form 990. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Healthcare research, inc. Is a non-profit corporation dedicated to the promotion of charitable, scientific research and education activities.

What it reported doing in 2009

It is the policy of healthcare research, inc. To solicit funds from available sources, to manage those assets appropriately, and to award grants to entities in health related areas engaged in charitable, scientific and/or educational activities. These activities include promotion of activities which improve the provision of, quality, cost and management of medical care and dissemination of such information to the public and private healthcare communities. Potential grantee organizations must provide the healthcare research, inc. Board of directors with a thorough and complete project description, including the project title, duration, amount requested, unique aspects of the project, other funding sources, anticipated immediate and long-rage results, qualifications of the individuals administering the project and plans for measuring the results. A detailed budget for the project is required.

Operating model

Revenue model
Affiliate-supported. 99% of the money available for current operations came from contributions from related organizations.
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: 94
  • Accountability: 100
  • Sustainability: 41
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.2%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 2.18; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.99; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $230K in reported program spending
  • Leadership: top reported pay $5K · 7 people listed
  • Consistency: 14 of 14 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Money network: 6 filed money-flow records
  • Related organizations: 11 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

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

  • Review — Sustainability: Operating margin scored 55/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.