Health Assessment Lab Inc
- Assets
- $4.2m
- Revenue
- $223.0k
- Investments
- $3.7m
- Employees
- 2
- Location
- Rockland, MA
- Founding
- 05/1998
- Data as of
- 12/2023
- EIN
- 04-3383748
Organization Overview
Health Assessment Lab Inc is located in Rockland, MA. The organization was established in 1998. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2023, Health Assessment Lab Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Assessment Lab Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Health Assessment Lab Inc generated $223.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $430.4k during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH & DEVELOPMENT OF HEALTH OUTCOMES IN FIELD OF HEALTH CARE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH ASSESSMENT LAB (HAL) IS A RESEARCH CENTER THAT WORKS WITH A NETWORK OF U.S. AND INTERNATIONAL RESEARCHERS. HAL'S ACTIVITIES FOCUS ON THE WORLDWIDE ADVANCEMENT OF PATIENT-BASED HEALTH STATUS ASSESSMENT THROUGH: (1) DEVELOPMENT OF HIGHLY EFFICIENT SURVEY METHODS FOR ASSESSING HEALTH OUTCOMES FROM THE PATIENT'S POINT OF VEIW; (2) TRANSLATION AND VALIDATION OF HEALTH STATUS QUESTIONNAIRES; (3) PROVISION OF TECHNICAL ASSISTANCE TO USERS OF THE QUESTIONNAIRES; AND (4) EDUCATIONAL OUTREACH. IN PARTICULAR, HAL IS WELL-KNOWN FOR ITS WORK WITH SF-36R AND SF-12R HEALTH SURVEYS, WHICH ARE THE MOST WIDELY-USED PATIENT-BASED HEALTH STATUS QUESTIONNAIRES IN THE WORLD. THE PRODUCT OF HAL'S RESEARCH ARE USED IN CLINICAL RESEARCH, CLINICAL PRACTICE AND POPULATION MONITORING.IN JUNE 2010, THE ORGANIZATION'S BOARD OF DIRECTORS ANNOUNCED THE ESTABLISHMENT OF THE ALVIN R. TARLOV AND JOHN E. WARE, JR. (TARLOV/WARE) DOCTORAL DISSERTATION AWARD IN PATIENT REPORT OUTCOMES. IN 2011, THE ORGANIZATION'S BOARD ESTABLISHED THE TARLOV/WARE POST DOCTORAL AWARD PROGRAM IN PATIENT REPORTED OUTCOMES. THE PURPOSE OF THESE AWARDS IS TO ENCOURAGE DOCTORAL DISSERTATIONS AND POST DOCTORAL STUDIES ON PATIENT REPORTED OUTCOMES. IN 2016, THE BOARD ESTABLISHED THE TARLOV/WARE CAREER ACHIEVEMENT PROGRAM, WHICH WILL BE AWARDED ANNUALLY DURING THE PLENARY SESSION OF THE INTERNATIONAL SOCIETY IN HEALTHCARE (ISQUA) ANNUAL MEETING, & AGREED TO SUPPORT AN ANNUAL PRE-CONFERENCE WORKSHOP ON PATIENT REPORTED OUTCOMES. THE ORGANIZATION AWARDED EDUCATIONAL/RESEARCH GRANTS TOTALING $63,500 AND $93,400 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, RESPECTIVELY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Eugene Nelson Director | OfficerTrustee | 0 | $127,857 |
Dr Michael Zubkoff Director & Ceo, Cso | OfficerTrustee | 0 | $139,857 |
Dr Lisa Zubkoff Director | Trustee | 0 | $0 |
Mr Lucas Nelson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,000 |
| Total Program Service Revenue | $0 |
| Investment income | $53,527 |
| Tax Exempt Bond Proceeds | $58,483 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $223,010 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $63,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,857 |
| Compensation of current officers, directors, key employees. | $27,971 |
| Compensation to disqualified persons | $139,857 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $6,993 |
| Other employee benefits | $0 |
| Payroll taxes | $21,398 |
| Fees for services: Management | $16,008 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,776 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,218 |
| Fees for services: Other | $644 |
| Advertising and promotion | $0 |
| Office expenses | $486 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,903 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,839 |
| All other expenses | $0 |
| Total functional expenses | $430,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $444,155 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,839 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,739,835 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,191,829 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $448,239 |
| Total liabilities | $448,239 |
| Net assets without donor restrictions | $3,731,090 |
| Net assets with donor restrictions | $12,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,191,829 |