Interface Health Foundation Inc

Nonprofit profile at a glance

EIN
923313446
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Birmingham, MI, USA
Phone
2489776056
Rating
41
Verdict
MIXED
Rating confidence
Moderate
Sector
Medical Research N.E.C.

Official website

Reported finances

Revenue
$42,000
Expenses
$59,904
Assets
$50,347
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • John Fox (President/Director)
  • Corinne Foote (Key Employee/Executive Director)

People named in this filing

  • John Fox (President/Director)
  • Jane Jordan (Secretary/Director)
  • Susan Grant (Treasurer/Director)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Interface Health Foundation (IHF) provides research grants to graduate students throughout the United States who are conducting research into healthcare policy and affordability. Therefore, the organization qualifies for a charitable purpose under IRC Section 501(c)(3), the advancement of education. By conducting this activity, we assist students in furthering their own educational experiences and publication opportunities while also ensuring critical research findings are made available to the industry and broader public.

What it reported doing in 2025

In calendar year 2025, six additional students were awarded research grants funded by Interface Health Foundation (IHF). This is in addition to the two students who were awarded research grants in late 2024. The following milestones are tracked as the student progresses to finishing their final research paper: 1) Submission of research outline, 2) Submission of first draft, and 3) Submission of final paper. The grant payments are made in segments as the student finishes the required project milestones. The payment for each milestone is 5%, 45% and 50% of the total grant payment, respectively. In calendar year 2025, two student grantees fully completed their research projects with IHF. These students' final papers were focused on pricing transparency in healthcare and the issue of nurse-to-patient ratios in healthcare. Both grantees' final papers have been posted on the IHF public website, and the students and IHF are actively working on getting their papers published in the public domain. It is expected that the six additional students who were awarded research grants in 2025 will complete their grant projects in calendar year 2026. All grantees' research projects are in alignment with IHF's mission: to empower and support student-led research endeavors that shed light on critical healthcare policy and structural issues affecting the public. Through our initiatives, we seek to foster a deeper understanding of the complex dynamics shaping the healthcare landscape.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 27
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: -42.6%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.84; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 70.1%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -17.4% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: -30.2% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.