Linxus Group Inc

Nonprofit profile at a glance

EIN
262530530
IRS 990-EZ coverage
2012–2012
Forms available
Form 990 2011, Form 990-EZ 2012
Location
New York, NY, USA
Phone
2122467100
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$0
Expenses
$0
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

10 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the organization is to promote business and technical solutions to the healthcare industry for payer-provider transaction processing and to increase utilization of the hippa administrative simplification transaction and code set standards. The organization's mission is also to emphasize collaboration in developing requirements for standards-based electronic healthcare data exchange, while preserving individual information technology purchasing autonomy of the participating organizations. Additionally, the organization's mission is to emphasize collaboration as the means for all participants to increase efficiency and reduce cost from the implementation of transactions and code set standards. Effective july 2013, linxus group, inc. Dissolved its operations in accordance with its governing documents. After the organization makes its final distribution, linxus group, inc. Will have no remaining funds in its accounts. Please see attachment for dissolution governing documents

What it reported doing in 2012

Historically, Linxus has promoted business and technical solutions for processing transactions between healthcare providers and payers and increased utilization of the HIPAA administrative simplification transaction and code set standards within the healthcare industry. However, Linxus began the process of terminating operations in 2012, and as of July 31, 2013, ceased all operations and made a final distribution to Greater New York Hospital Foundation, a 501(c)(3) charitable organization.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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: 68
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 83.3%; rating input score 83; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -200% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th 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 · 10 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • 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.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.