Interoperability Institute LLC FY2024 filing

Tax-deductible

Lansing, MI501(c)(3)Since 2016Health CareEIN 81-4835288

Interoperability institute llc's ("ioi") mission is to enable organizations and communities to harness the benefits of interoperability at scale. This is achieved through next-generation workforce training, interoperability testbed standardization, and solution development focused on enabling interoperability and standards.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$1.1M 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

FY2024 · 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
0 of 4
filings with a surplus
Average deficit $788K a year · 8% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $146K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5.9M
623% of total assets
Concern: liabilities are 623% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 7 voting members
Looks good: 4 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.3M
+4% vs prior year
Spent
$8.6M
To programs
80%
Net assets
−$5.0M
By yearFY2021–FY2024
Revenue
$8.3M
FY2024▲ +4%
Revenue by fiscal year
FY2021$11.7M
FY2022$11.0M
FY2023$8.0M
FY2024$8.3M
FY2024$1.5M
Expenses
$8.6M
FY2024▼ -7%
Expenses by fiscal year
FY2021$13.1M
FY2022$11.3M
FY2023$9.2M
FY2024$8.6M
FY2024$2.4M
Net assets
−$5.0M
FY2024▼ -6%
Net assets by fiscal year
FY2021−$3.2M
FY2022−$3.5M
FY2023−$4.7M
FY2024−$5.0M
FY2024−$5.8M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2021.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $6.9M Management & general 20% · $1.7M

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

Who runs it and what they're paid

16 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive VP
$251,048Pt VII · Sec A
Snr Director
$212,897Pt VII · Sec A
Product Engi
$158,285Pt VII · Sec A
Snr Product
$152,455Pt VII · Sec A
VP People Fu
$149,571Pt VII · Sec A
Systems Engi
$143,242Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Mary Kratz’s $247K as Executive VP is at the 83rd percentile of top reported officer pay among 3128 $1–10M 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

NameFY2024FY2024FY2023FY2022FY2021
Mary Kratz$247,373$251,048$251,082$247,032$185,062
Joel Gruenberg$229,230$212,897$175,182$152,225—
Jonathan Greenberg————$188,958
Isabell Pacheco——$181,656——
David Meiser$164,071$158,285$151,639——
Amresh Panjabi$159,587$152,455$146,520$137,894—
Wendy Umbriac———$153,013$142,150
Paul Harmon——$150,198$139,966$126,147

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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps organizations and communities use interoperability to achieve large-scale benefits.

Provided by the organization

This section is blank until Interoperability Institute LLC claims this page.

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3 program services account for $6.9M of program spending, described in the organization's own filed words · FY2023.
01

Research & Development

A health it software development incubator applying state-of-the-art research tools that enable predictive analytics using a wide spectrum of solutions from population health to precision medicine.

$5.9Mprogram expense
02

Interoperability Resources

Ioi offers two sandboxes for testing using realistic synthetic patient data sets: interoperability land(iol), a hosted, secure 'private locker', and meld, an open-source, cloud-based product. Both can be used for collaborative testing and interopathons.

$577Kprogram expense
03

Internship Program

A robust skill building intern and mentorship program addressing the health it workforce talent gap. The program served approximately 79 interns during fiscal year 2024.

$431Kprogram expense

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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
Total grants receivedfrom 1 funder$146K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$8.3M
Ln 12
Fees for servicesLn 2g$8.3M
Investment incomeLn 3$15
Money outPt IX
$8.6M
Ln 25
Programscol B$6.9M
Managementcol C$1.7M
Owns and owesPt X
−$5.0M
net assets · Ln 32
Cash and savingsLn 1–2$512K
Total assetsLn 16$947K
LiabilitiesLn 26$5.9M
PeoplePt VI, VII
16
listed · VII A
PaidVII A6
Voting boardVI 1a7
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$8.3M
Investment incomeLn 3$15
Total revenueLn 12$8.3M
Assets in detailPt X, end of year
CashLn 1$512K
Cash and savings togetherLn 1–2$512K
Total assetsLn 16$947K
LiabilitiesLn 26$5.9M
Net assetsLn 32−$5.0M
OperationsPt I, VI
EmployeesI 5111
VolunteersI 64
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$428K$512K
Total assetsLn 16$2.3M$947K
LiabilitiesLn 26$7.0M$5.9M
Net assetsLn 32−$4.7M−$5.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$260K$228K$32K
Other salaries and wagesLn 7$4.0M$3.5M$491K
Pension plan contributionsLn 8$206K$182K$24K
Other employee benefitsLn 9$545K$480K$64K
Payroll taxesLn 10$320K$284K$36K
Legal feesLn 11b$2K$2K
Other fees for servicesLn 11g$593K$566K$27K
Office expensesLn 13$907$565$342
Information technologyLn 14$128K$2K$126K
TravelLn 17$37K$20K$17K
InsuranceLn 23$18K$18K
Other expenses (24a–d)Ln 24$2.5M$1.6M$874K
Total functional expensesLn 25$8.6M$6.9M$1.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $8.3M$8.6M−$259K−$5.0M 990 PDF
FY2023 $8.0M$9.2M−$1.2M−$4.7M 990 PDF
FY2022 $11.0M$11.3M−$300K−$3.5M 990 PDF
FY2021 $11.7M$13.1M−$1.4M−$3.2M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $8,326,033 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,326,018$8,326,018
VIII-3 Investment incomeExcluded from tax $15$15
VIII-12 Total revenueRelated to mission $8,326,018 · Excluded from tax $15$8,326,033
Part IX · Statement of functional expenses $8,585,371 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $228,385 · Management $31,966$260,351
IX-7 Other salaries and wagesPrograms $3,497,169 · Management $490,863$3,988,032
IX-8 Pension plan contributionsPrograms $181,834 · Management $24,427$206,261
IX-9 Other employee benefitsPrograms $480,095 · Management $64,493$544,588
IX-10 Payroll taxesPrograms $284,065 · Management $35,895$319,960
IX-11b Legal feesManagement $1,991$1,991
IX-11g Other fees for servicesPrograms $565,960 · Management $26,545$592,505
IX-13 Office expensesPrograms $565 · Management $342$907
IX-14 Information technologyPrograms $1,870 · Management $125,719$127,589
IX-17 TravelPrograms $19,930 · Management $16,659$36,589
IX-23 InsuranceManagement $17,995$17,995
IX-24 Other expenses (24a–d)Programs $1,614,130 · Management $874,473$2,488,603
IX-25 Total functional expensesPrograms $6,874,003 · Management $1,711,368 · Fundraising $0$8,585,371
Part X · Balance sheet $946,931 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $427,623$511,690
X-4 Accounts receivableStart of year $1,861,023$409,515
X-9 Prepaid expenses and deferred chargesStart of year $28,491$25,726
X-16 Total assetsStart of year $2,317,137$946,931
X-17 Accounts payable and accrued expensesStart of year $4,150,541$2,568,754
X-19 Deferred revenueStart of year $25,627$30,423
X-25 Other liabilitiesStart of year $2,834,390$3,300,513
X-26 Total liabilitiesStart of year $7,010,558$5,899,690
X-27 Net assets without donor restrictionsStart of year −$4,693,421−$4,952,759
X-32 Total net assets or fund balancesStart of year −$4,693,421−$4,952,759
X-33 Total liabilities and net assetsStart of year $2,317,137$946,931
Part XI · Reconciliation of net assets −$4,952,759 net assets at year end
XI-1 Total revenue$8,326,033
XI-2 Total expenses$8,585,371
XI-3 Revenue less expenses−$259,338
XI-4 Net assets at start of year−$4,693,421
XI-10 Net assets at end of year−$4,952,759

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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