Overview
What is Foundation For Healthcare Quality?
The Foundation for Healthcare Quality, established in 1988, is a nonprofit organization based in Seattle, Washington. Initially, its purpose was to conduct an independent review of a community health information management system. Over the years, the foundation has expanded its scope to encompass various projects and programs. These initiatives include utilizing comparison quality standards by consumers and supporting public health agencies in monitoring sudden health risks. The foundation's work in the healthcare sector has been instrumental in advancing IT in this field, with a focus on projects that aim to improve healthcare services and outcomes. Currently, the organization employs a team of nine individuals.
Official website here: www.qualityhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Foundation for Healthcare Quality has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score reflects an overall accountability and finance score of 77%, which is based entirely on various metrics under this category. This rating suggests that the organization is effectively managing its resources and adhering to best practices in financial reporting and governance.
Strengths identified in the evaluation include a fully independent board of directors, with all members being independent, and a robust program expense ratio of 80.73%, indicating that a significant portion of funds is directed towards its programs. The charity has also maintained a clean record with no material diversion of assets, which enhances its credibility in terms of financial integrity. The presence of documented policies, including a conflict of interest policy and retention guidelines, further supports its accountability.
However, while the overall score is commendable, the lack of additional beacons means that the rating is solely based on accountability and finance. This may limit a comprehensive understanding of the organization’s impact and effectiveness in achieving its mission. Potential donors and stakeholders might consider seeking additional information on program outcomes and community engagement to gain a fuller picture of the Foundation for Healthcare Quality's work.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Healthcare Quality legitimate?
Foundation For Healthcare Quality is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Healthcare Quality submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $267,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $666,108
For more financial information, click here
Official website here: www.qualityhealth.org
What is the mission statement of Foundation For Healthcare Quality?
The Foundation for Healthcare Quality, established in 1988, initially focused on providing an independent review of a community health information management system. Over the years, this foundation has expanded its scope to include various long-term and short-term projects and programs. These initiatives range from promoting the use of comparison quality standards by consumers to supporting public health agencies in monitoring sudden health risks. The foundation's mission, in essence, is to contribute to the advancement of IT in healthcare through independent reviews and various projects.
Official website here: www.qualityhealth.org
Who is the CEO of Foundation For Healthcare Quality?
Virginia Weir is the CEO of Foundation For Healthcare Quality The CEO's salary of Foundation For Healthcare Quality is $160,780 and their total compensation is $173,149.
Official website here: www.qualityhealth.org
What is the revenue of Foundation For Healthcare Quality?
Foundation For Healthcare Quality's revenue in 2023 was $2,474,157.
Official website here: www.qualityhealth.org
Who are the executives of Foundation For Healthcare Quality and what are their salaries?
The average compensation at Foundation For Healthcare Quality during 2023 was $93,361. There are 10 employees and 50 volunteers at Foundation For Healthcare Quality.
Here are 18 key members and their salaries (Foundation For Healthcare Quality's CEO's salary is $160,780 and their total compensation is $173,149):
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- Compensation: $106,722
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- Other: $4,239
Official website here: www.qualityhealth.org
Where can I find the form 990 for Foundation For Healthcare Quality?
Foundation For Healthcare Quality's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.qualityhealth.org
Learn more at the official website: www.qualityhealth.org
Mission Statement of Foundation For Healthcare Quality
The Foundation for Healthcare Quality, established in 1988, has a mission centered around providing an independent review of a community health information management system. Initially, this nonprofit organization made significant strides in the field of healthcare by undertaking groundbreaking work in advancing IT in the health sector. Over the years, its scope has expanded to encompass both long-term and short-term projects and programs. These initiatives range from utilizing comparison quality standards by consumers to supporting public health agencies in monitoring sudden health risks. The Foundation for Healthcare Quality plays a crucial role in promoting transparency and enhancing the efficiency of community health information management systems, ultimately contributing to improved healthcare services.
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Impact
July, 2024
Foundation For Healthcare Quality's impact can be seen through its groundbreaking work in advancing IT in healthcare. Since its founding in 1988, the organization has provided an independent review of a community health information management system. The Foundation has been instrumental in developing best-practice, evidence-informed guidelines through the Bree Collaborative, which are used by the public and private sectors for health care purchasing, delivery, and regulation. Additionally, the Foundation has undertaken various projects and programs that range from enabling consumers to use comparison quality standards to supporting public health agencies in the surveillance of sudden health risks. Through its mission-driven initiatives, the Foundation For Healthcare Quality continues to make a significant impact in improving healthcare quality and outcomes.
This information is meant to be a general summary of Foundation For Healthcare Quality. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,374
- Program Service Revenue: $2,283,452
- Gross Receipts: $2,474,157
Assets and Liabilities:
- Total Assets: $1,017,305
- Total Liabilities: $164,027
- Net Assets: $853,278
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$1,686,773
MEMBERSHIP DUES
Revenue
$506,456
CONFERENCES / FORUMS
Revenue
$90,223
Organization Details
Founding Year
1988
Principal Officer
Virginia Weir
Website
www.qualityhealth.orgNTEE Category
Code: E70 - Health
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