Healthwise Inc
- Assets
- $69.8m
- Revenue
- $53.1m
- Investments
- $0.0
- Employees
- 338
- Location
- Boise, ID
- Founding
- 06/1975
- Data as of
- 06/2023
- EIN
- 23-7455145
Organization Overview
Healthwise Inc is located in Boise, ID. The organization was established in 1975. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 06/2023, Healthwise Inc employed 338 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthwise 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 06/2023, Healthwise Inc generated $53.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $54.6m during the year ending 06/2023. While expenses have increased by 1.9% per year over the past 8 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
TO HELP PEOPLE MAKE BETTER HEALTH DECISIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVERYTHING HEALTHWISE DOES IS IN SUPPORT OF THEIR MISSION TO HELP PEOPLE MAKE BETTER HEALTH DECISIONS. THE FOCUS IS ON GETTING THE RIGHT INFORMATION AND TOOLS TO THE RIGHT PERSON AT THE RIGHT TIME TO HELP THEM DO THREE THINGS CRITICAL TO THE IMPROVEMENT OF HEALTH CARE IN AMERICA:1. TO HELP INDIVIDUALS PROVIDE AS MUCH CARE FOR THEMSELVES AS THEY CAN. THIS INCLUDES MEDICAL SELF-CARE AND WELLNESS ACTIVITIES ALONG WITH NAVIGATING THE HEALTH CARE SYSTEM.(CONTINUED ON SCHEDULE O)2. TO HELP INDIVIDUALS ASK FOR THE CARE THEY NEED. WE GIVE THE PATIENT PLAIN-LANGUAGE GUIDELINES FOR WHEN MEDICATIONS, TREATMENTS AND TESTS ARE RECOMMENDED FOR SPECIFIC MEDICAL CONDITIONS.3. TO HELP THEM SAY "NO" TO CARE THAT IS NOT RIGHT FOR THEM. IT IS OFTEN UP TO THE PATIENT TO DETERMINE WHEN THE RISKS OF A TREATMENT OUTWEIGH THE BENEFITS.PEOPLE TURN TO HEALTHWISE INFORMATION TO LEARN HOW TO DO MORE FOR THEMSELVES, ASK FOR THE CARE THEY NEED, AND SAY "NO" TO THE CARE THEY DON'T NEED. OUR MISSION IS ACHIEVED EVERY TIME AN INDIVIDUAL USES OUR INFORMATION AND TOOLS TO MAKE BETTER HEALTH DECISIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A James Balkins III Chair Of The Board | OfficerTrustee | 2 | $3,500 |
Margaret O'kane Director | Trustee | 2 | $0 |
Evelyn Ho Vice Chair Of The Board | OfficerTrustee | 2 | $3,500 |
Jamie Cooper Director | Trustee | 2 | $3,000 |
Wanda K Nicholson MD Director | Trustee | 2 | $0 |
James R Bell Director | Trustee | 2 | $3,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Experis Us Inc External Engineering Resources | 6/29/23 | $683,254 |
In Time Tec Llc External Engineering Resources | 6/29/23 | $152,000 |
Unstuck Llc External Engineering Resources | 6/29/23 | $139,562 |
Triple C Ventures Llc External Consulting | 6/29/23 | $133,333 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,199,190 |
| Investment income | $993,190 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$121,432 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,070,948 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,583 |
| Grants and other assistance to domestic individuals. | $6,876 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,348,444 |
| Compensation of current officers, directors, key employees. | $1,675,221 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,024,856 |
| Pension plan accruals and contributions | $1,843,937 |
| Other employee benefits | $5,078,423 |
| Payroll taxes | $2,339,022 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $72,229 |
| Fees for services: Accounting | $39,204 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,962 |
| Fees for services: Other | $2,498,289 |
| Advertising and promotion | $101,538 |
| Office expenses | $20,505 |
| Information technology | $2,712,951 |
| Royalties | $0 |
| Occupancy | $382,226 |
| Travel | $527,429 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $697,265 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $403,140 |
| Insurance | $419,659 |
| All other expenses | $161,588 |
| Total functional expenses | $54,646,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,190,873 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,854,177 |
| 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 | $1,913,043 |
| Net Land, buildings, and equipment | $6,706,718 |
| Investments—publicly traded securities | $48,116,098 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $69,780,909 |
| Accounts payable and accrued expenses | $5,775,149 |
| Grants payable | $0 |
| Deferred revenue | $2,980,360 |
| 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 | $0 |
| Total liabilities | $8,755,509 |
| Net assets without donor restrictions | $61,025,400 |
| Net assets with donor restrictions | $0 |
| 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 | $69,780,909 |
Grants Awarded
Over the last fiscal year, Healthwise Inc has awarded $2,013,206 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
REMOTE AREA MEDICAL PURPOSE: Provide Healthwise Handbooks to be distributed to population served by RAM. | $7,604 |
HPN WORLDWIDE PURPOSE: For use in workshops for largely unserved populations. | $5,602 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: Informed Medical Decisions Program. | $2,000,000 |