Health Current FY2020 filing

Tax-deductible

Phoenix, AZ501(c)(3)Since 2007Health CareEIN 20-8381131Revenue $16.9M in FY2020

On file with the IRShealthcurrent.org2901 N Central Ave Ste 1100, 85012-2731 · Phoenix, AZTax-exempt since Aug 2009Publicly supported charity — 170(b)(1)(A)(vi)

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Advancing individual and community Health and wellness through the delivery of actionable information and analysis.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$1.9M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $1.8M a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.9M
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 12.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $670K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$16.9M
Spent
$12.9M
To programs
84%
Net assets
$14.0M
By yearFY2020–FY2024
Revenue
$16.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$16.9M
FY2021$33.3M
FY2022$23.7M
FY2023$25.6M
FY2024$28.1M
Expenses
$12.9M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$12.9M
FY2021$19.0M
FY2022$25.4M
FY2023$29.1M
FY2024$32.4M
Net assets
$14.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$14.0M
FY2021$23.3M
FY2022$1.5M
FY2023−$2.0M
FY2024−$6.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $10.8M Management & general 16% · $2.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

40 people listed on the 990; $1.9M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$298,739Pt VII · Sec A
Chief Strategy Officer
$273,562Pt VII · Sec A
Chief Information Officer
$236,862Pt VII · Sec A
Chief Financial Officer
$189,883Pt VII · Sec A
Chief Business Development Officer
$161,856Pt VII · Sec A
Director, Client Services
$156,524Pt VII · Sec A
Director, Data Management
$153,056Pt VII · Sec A
Director, Grants & Special Projects
$145,623Pt VII · Sec A

Keith Parker Left 1121’s $417K as Chief Information Officer is at the 67th percentile of top reported officer pay among 2902 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2021FY2020
Keith Parker Left 1121$416,673—
Mike Mote$389,757$273,562
Melissa Kotrys$361,875$298,739
Christy Dye$307,144$161,856
Sharon Burdett$301,877$189,883
Keith Parker—$236,862
Catelyn Nguyen$212,867$156,524
Stacey Rochman$189,675$145,623

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides practical health information and analysis to improve individual and community well-being.

Provided by the organization

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3 programs · $9.5M · in their own filed words · FY2020
01

Health Information Exchange (hie) Onboarding Program

Supports the participation of eligible medicaid providers in bidirectional health information exchange through health current. The program provides an administrative offset payment in recognition of the costs the eligible hie participant has incurred to complete bidirectional connectivity with the hie.

$5.8Mprogram expense
02

Data Management Fees

These are fees that organizations pay for the ability to participate in the health information exchange (hie). In addition, hie participants gain access to educational activities including events and webinars, as well as updates from the health information technology (hit) community.

$2.7Mprogram expense
03

Education & Outreach Program

Supports promoting interoperability activity, including electronic prescription of controlled substances and supporting prescription drug monitoring program, through education activities and workflow support.

$943Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Mercy CareFY2023$670K
Total grants receivedfrom 1 funder$670K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$16.9M
Ln 12
Gifts and grantsLn 1h$12.5M
Fees for servicesLn 2g$4.3M
Other incomeLn 4–11$110K
Money outPt IX
$12.9M
Ln 25
Programscol B$10.8M
Managementcol C$2.0M
Owns and owesPt X
$14.0M
net assets · Ln 32
Cash and savingsLn 1–2$13.8M
Total assetsLn 16$15.4M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
40
listed · VII A
PaidVII A10
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.5M
Government grantsLn 1e$12.3M
Fees for servicesLn 2g$4.3M
Investment incomeLn 3$5K
Other incomeLn 4–11$110K
Total revenueLn 12$16.9M
Assets in detailPt X, end of year
CashLn 1$548K
SavingsLn 2$13.3M
Cash and savings togetherLn 1–2$13.8M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$17K
Total assetsLn 16$15.4M
LiabilitiesLn 26$1.4M
Net assetsLn 32$14.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$9.7M$13.8M
Land, buildings, equipmentLn 10c$2K$0
Total assetsLn 16$11.0M$15.4M
LiabilitiesLn 26$1.1M$1.4M
Net assetsLn 32$9.9M$14.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.2M$877K$346K
Other salaries and wagesLn 7$5.8M$4.8M$1.0M
Pension plan contributionsLn 8$147K$123K$24K
Other employee benefitsLn 9$506K$415K$91K
Payroll taxesLn 10$493K$396K$96K
Legal feesLn 11b$94K$94K
Accounting feesLn 11c$26K$26K
Lobbying feesLn 11d$84K$84K
Other fees for servicesLn 11g$1.0M$1.0M
Advertising and promotionLn 12$36K$36K
Office expensesLn 13$255K$220K$36K
Information technologyLn 14$2.4M$2.4M$36K
OccupancyLn 16$308K$265K$43K
TravelLn 17$36K$16K$19K
Conferences, conventions and meetingsLn 19$82K$61K$22K
Depreciation, depletion and amortizationLn 22$2K$2K$305
InsuranceLn 23$138K$119K$19K
Other expenses (24a–d)Ln 24$99K$85K$14K
Total functional expensesLn 25$12.9M$10.8M$2.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $28.1M$32.4M−$4.3M−$6.3M 990 PDF
FY2023 $25.6M$29.1M−$3.5M−$2.0M 990 PDF
FY2022 $23.7M$25.4M−$1.7M$1.5M 990 PDF
FY2021 $33.3M$19.0M$14.3M$23.3M 990 PDF
FY2020 Viewing $16.9M$12.9M$4.1M$14.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $16,934,228 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $10,677,255$12,472,165
I-9 Program service revenuePrior year $4,559,512$4,347,309
I-10 Investment incomePrior year $8,007$4,754
I-11 Other revenuePrior year $40,021$110,000
I-12 Total revenuePrior year $15,284,795$16,934,228
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,148,608$8,207,940
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,672,380$4,645,214
I-18 Total expensesPrior year $13,820,988$12,853,154
I-19 Revenue less expensesPrior year $1,463,807$4,081,074
Part VI · Governance 24 of 24 board members independent, 1 to look at
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $16,934,228 across 7 lines filed
VIII-1e Government grants$12,267,217
VIII-1f All other contributions, gifts and grants$204,948
VIII-1h Total contributions, gifts and grants$12,472,165
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,347,309$4,347,309
VIII-3 Investment incomeExcluded from tax $4,754$4,754
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $50,000 · Excluded from tax $60,000$110,000
VIII-12 Total revenueRelated to mission $4,397,309 · Unrelated business $0 · Excluded from tax $64,754$16,934,228
Part IX · Statement of functional expenses $12,853,154 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $877,205 · Management $345,546$1,222,751
IX-7 Other salaries and wagesPrograms $4,789,785 · Management $1,049,487$5,839,272
IX-8 Pension plan contributionsPrograms $122,701 · Management $24,343$147,044
IX-9 Other employee benefitsPrograms $415,333 · Management $90,979$506,312
IX-10 Payroll taxesPrograms $396,138 · Management $96,423$492,561
IX-11b Legal feesManagement $93,697$93,697
IX-11c Accounting feesManagement $26,166$26,166
IX-11d Lobbying feesManagement $84,000$84,000
IX-11g Other fees for servicesPrograms $1,041,711$1,041,711
IX-12 Advertising and promotionManagement $35,775$35,775
IX-13 Office expensesPrograms $219,621 · Management $35,752$255,373
IX-14 Information technologyPrograms $2,407,771 · Management $35,571$2,443,342
IX-16 OccupancyPrograms $264,630 · Management $43,080$307,710
IX-17 TravelPrograms $16,203 · Management $19,435$35,638
IX-19 Conferences, conventions and meetingsPrograms $60,664 · Management $21,745$82,409
IX-22 Depreciation, depletion and amortizationPrograms $1,864 · Management $305$2,169
IX-23 InsurancePrograms $118,630 · Management $19,312$137,942
IX-24 Other expenses (24a–d)Programs $85,383 · Management $13,899$99,282
IX-25 Total functional expensesPrograms $10,817,639 · Management $2,035,515 · Fundraising $0$12,853,154
Part X · Balance sheet $15,390,338 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,121,042$548,373
X-2 Savings and temporary cash investmentsStart of year $8,624,973$13,278,726
X-3 Pledges and grants receivableStart of year $0$3,913
X-4 Accounts receivableStart of year $746,724$1,335,867
X-9 Prepaid expenses and deferred chargesStart of year $472,087$206,637
X-10c Land, buildings and equipment, netStart of year $2,169$0
X-15 Other assetsStart of year $16,822$16,822
X-16 Total assetsStart of year $10,983,817$15,390,338
X-17 Accounts payable and accrued expensesStart of year $1,049,177$1,371,561
X-19 Deferred revenue$6,584
X-25 Other liabilitiesStart of year $3,521$0
X-26 Total liabilitiesStart of year $1,052,698$1,378,145
X-27 Net assets without donor restrictionsStart of year $9,931,119$13,960,502
X-28 Net assets with donor restrictions$51,691
X-32 Total net assets or fund balancesStart of year $9,931,119$14,012,193
X-33 Total liabilities and net assetsStart of year $10,983,817$15,390,338
Part XI · Reconciliation of net assets $14,012,193 net assets at year end
XI-1 Total revenue$16,934,228
XI-2 Total expenses$12,853,154
XI-3 Revenue less expenses$4,081,074
XI-4 Net assets at start of year$9,931,119
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$14,012,193

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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