Health Finance Institute
- Assets
- $133.4k
- Revenue
- $309.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Arlington, VA
- Founding
- Data as of
- 12/2023
- EIN
- 83-3828470
Organization Overview
Health Finance Institute is located in Arlington, VA. According to its NTEE Classification (G02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Health Finance Institute employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Finance Institute 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 Finance Institute generated $309.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 29.9% each year . All expenses for the organization totaled $718.7k during the year ending 12/2023. 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
THE HEALTH FINANCE INSTITUTE (HFI) INCREASES INVESTMENT IN NON-COMMUNICABLE DISEASES (NCDS) TO SAVE MILLIONS OF LIVES BY TRANSLATING ECONOMIC EVIDENCE INTO ACTIONABLE, HIGH-IMPACT BLENDED FINANCE INVESTMENT OPPORTUNITIES WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH ECONOMICS: THE HEALTH ECONOMICS TEAM CONSTRUCTS EPIDEMIOLOGICAL-ECONOMIC MODELS TO IDENTIFY THE HIGHEST-IMPACT INVESTMENT OPPORTUNITIES IN LMICS (LOW AND MIDDLE-INCOME COUNTRIES). THE HFI-NCD MODEL CAPTURES EPIDEMIOLOGICAL AND FINANCIAL IMPACTS BY LOOKING AT DATA SUCH AS POPULATION DEMOGRAPHICS, EPIDEMIOLOGICAL DATA, COUNTRY INCOME STATISTICS, HEALTHCARE SPENDING DATA, HEALTH SYSTEMS DATA, AND COST OF SCREENING AND TREATMENT.
GENERAL PROGRAMS
INNOVATIVE FINANCE PROGRAM: THE INNOVATIVE FINANCE TEAM USES BLENDED FINANCE TO RAISE ADDITIONAL FUNDS FOR DEVELOPMENT. BY DOING SO, IT CREATES SCALABLE AND EFFECTIVE WAYS TO CHANNEL PRIVATE MONEY IN GLOBAL FINANCIAL MARKETS AND PUBLIC RESOURCES TOWARD SOLVING GLOBAL HEALTH PROBLEMS. THE TEAM AIDS IN DEVELOPMENT & REDISTRIBUTES RISK TO IMPROVE THE AVAILABILITY OF FUNDS.
GLOBAL BUSINESS DEVELOPMENT: HEALTH FINANCE INSTITUTE (HFI) CONDUCTS BUSINESS DEVELOPMENT BY LEVERAGING STRATEGIC PARTNERSHIPS, SECURING DIVERSE FUNDING SOURCES, AND IMPLEMENTING INNOVATIVE FINANCIAL SOLUTIONS. WE ENGAGE WITH INTERNATIONAL ORGANIZATIONS, GOVERNMENTS, AND PRIVATE SECTOR STAKEHOLDERS TO CREATE IMPACTFUL HEALTH PROGRAMS. OUR APPROACH INCLUDES CONDUCTING NEEDS ASSESSMENTS, DEVELOPING TAILORED FINANCING MODELS, AND FOSTERING COLLABORATIONS THAT DRIVE SUSTAINABLE HEALTH OUTCOMES AND EQUITY GLOBALLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Feigl Ding President And CEO | OfficerTrustee | 40 | $202,063 |
Joel Carter Treasurer | OfficerTrustee | 1 | $0 |
Jeffrey Sturchio Borad Member | Trustee | 1 | $0 |
Geoffrey So Board Member | Trustee | 1 | $0 |
Doug Evans Board Member | Trustee | 1 | $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 | $10,021 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,021 |
| Total Program Service Revenue | $298,958 |
| Investment income | $61 |
| Tax Exempt Bond Proceeds | $0 |
| 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 | $309,322 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $202,063 |
| Compensation of current officers, directors, key employees. | $46,988 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,077 |
| Payroll taxes | $20,257 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,415 |
| Fees for services: Accounting | $40,688 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $254,798 |
| Advertising and promotion | $0 |
| Office expenses | $28,101 |
| Information technology | $1,835 |
| Royalties | $0 |
| Occupancy | $5,207 |
| Travel | $46,838 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,339 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,691 |
| Insurance | $6,239 |
| All other expenses | $3,375 |
| Total functional expenses | $718,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,315 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,450 |
| 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 | $3,592 |
| Net Land, buildings, and equipment | $1,904 |
| Investments—publicly traded securities | $113 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $133,374 |
| Accounts payable and accrued expenses | $27,370 |
| 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 | $38,900 |
| Other liabilities | $0 |
| Total liabilities | $66,270 |
| Net assets without donor restrictions | $67,104 |
| 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 | $133,374 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Alzheimers Platform Foundation Inc Washington, DC | $7,809,365 | $11,462,253 |
Health Finance Institute Arlington, VA | $133,374 | $309,322 |
Applied Epi Incorporated Baltimore, MD | $261,488 | $413,332 |
Alliance For Black Nicu Families Springfield, VA | $59,591 | $0 |
Dysautonomia Youth Network Of America Inc Waldorf, MD | $173,172 | $0 |