Civic Intelligence

Healthcare Industry Supply Chain

EIN 20-8008558 • 501(c)6 • Washington, DC

Profile

To be a "performance improvement organization, dedicated to improving and increasing efficiencies within the healthcare supply chain through best practice sharing, education and networking.

2025 M Street NW No 800Washington, DC 20036

www.hiscionline.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

32nd percentile

-9.3%

Higher net margin than 32% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

23rd percentile

-23%

Faster revenue growth than 23% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$1

Down $155,539 (-100%) from 2017

Liabilities

Down

$0

Down $55,978 (-100%) from 2017

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Down

$102,410

Down $30,423 (-23%) from 2017

Expenses

Down

$111,959

Down $94,208 (-46%) from 2017

Net Income

Up

-$9,549

Up $63,785 (+87%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $399,657Liabilities 2011: $105,325Net Assets 2011: $294,3322011Assets 2012: $401,032Liabilities 2012: $90,335Net Assets 2012: $310,6972012Assets 2013: $385,316Liabilities 2013: $110,818Net Assets 2013: $274,4982013Assets 2014: $324,805Liabilities 2014: $108,588Net Assets 2014: $216,2172014Assets 2015: $296,615Liabilities 2015: $94,441Net Assets 2015: $202,1742015Assets 2016: $207,798Liabilities 2016: $34,902Net Assets 2016: $172,8962016Assets 2017: $155,540Liabilities 2017: $55,978Net Assets 2017: $99,5622017Assets 2018: $1Liabilities 2018: $02018

Highlighted filing

2018

Assets$1
Liabilities$0
Net Assets-

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2011: $317,347Expenses 2011: $320,768Net Income 2011: -$3,4212011Revenue 2012: $326,333Expenses 2012: $309,968Net Income 2012: $16,3652012Revenue 2013: $312,085Expenses 2013: $348,284Net Income 2013: -$36,1992013Revenue 2014: $218,637Expenses 2014: $276,918Net Income 2014: -$58,2812014Revenue 2015: $226,538Expenses 2015: $240,581Net Income 2015: -$14,0432015Revenue 2016: $213,314Expenses 2016: $242,592Net Income 2016: -$29,2782016Revenue 2017: $132,833Expenses 2017: $206,167Net Income 2017: -$73,3342017Revenue 2018: $102,410Expenses 2018: $111,959Net Income 2018: -$9,5492018

Highlighted filing

2018

Revenue$102,410
Expenses$111,959
Net Income-$9,549

Filings

Latest Detailed Filing

The latest 2018 filing currently has summary financial data only. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 29, 2016
Return Version
2015v2.1
Gross Receipts
$226,538
Mission and Program Overview

Mission

To be a "performance improvement organization, dedicated to improving and increasing efficiencies within the healthcare supply chain through best practice sharing, education and networking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$218,577$188,838▼ $29,739
Savings and Temporary Cash Investments$102,629$102,759▲ $130
Prepaid Expenses and Deferred Charges$3,599$5,018▲ $1,419
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$324,805$296,615▼ $28,190
Liabilities
Deferred Revenue$96,525$93,117▼ $3,408
Accounts Payable and Accrued Expenses$11,943$1,324▼ $10,619
Other Liabilities$120$0▼ $120
Total Liabilities$108,588$94,441▼ $14,147
Net Assets / Fund Balance
Unrestricted Net Assets$216,217$202,174▼ $14,043
Total Net Assets Fund Balance$216,217$202,174▼ $14,043
Total Liabilities and Net Assets / Fund Balance$324,805$296,615▼ $28,190

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$20,000$20,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy Rhine-pallasChair
Pete AllenVice Chair
Ash LuthraDirector
Bill BarrDirector
Darrel WeatherfordDirector
Dave EdwardsDirector
Fred PaneDirector
Peter FarmakisDirector
Rick WeinbergDirector
Ron HartmannDirector
Michael Copps Co SmithbucklinExecutive Director
John EppardSecretary
Bob GloverTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
SmithbucklinManagement Incl. Exec Dir Compensation2025 M STREET NW, Washington, DC 20036$212,249
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$226,408
Investment Income
$130
Other Revenue
$0
Change in Net Assets
$-14,043

Audited Revenue Reconciliation

Revenue per Audited Statements
$226,538
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$226,538
Total Revenue per Form 990
$226,538
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$240,581
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$199,993
Office Expenses---$14,931
Travel---$8,573
Fees for Services Accounting---$7,500
Advertising---$5,000
Insurance---$2,559
Fees for Services Other---$1,895
Fees for Services Legal---$130
Total Functional Expenses$0$0$0$240,581

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$240,581
Total Expenses per Audited Statements$240,581
Total Expenses per Form 990$240,581
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization uses a management company to provide management, financial and marketing services. Fees paid to the management company were as follows: administrative services: $21,970, education programming services: $6,503, excutive director/management and headquaters: $102,500, financial management & accounting services: $20,300, it services: $19,545, and marketing communication services: $29,175. The management company's performance under this contract is monitored by the board.

Form 990, Part VI, Section A, Line 4

There were couple changes to the bylaws.

Form 990, Part VI, Section A, Line 6

The organization has members.

Form 990, Part VI, Section A, Line 7A

The organization has members that vote on the election of the board of directors.

Form 990, Part VI, Section B, Line 11

The 990 is reviewed by the executive director who has the authority to review and sign on behalf of the board.

Form 990, Part VI, Section B, Line 12C

All board of directors are asked to declare all conflicts of interest at the start of every board meeting. This is noted in the board of directors minutes.

Form 990, Part VI, Section C, Line 19

Hisci makes its governing documents, conflict of interest policy and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Healthcare Industry Supply Chain
EIN
20-8008558
Phone
2023671185
Address
2025 M STREET NW NO 800, WASHINGTON, DC 20036

Signing Officer

Name
Kurt Gallagher
Title
Current Executive Director
Phone
2023671185
Signed
2016-09-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kurt Gallagher
Formed
2006
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
13

Preparer

Firm
Jones Maresca & Mcquade Pa
Address
10500 LITTLE PATUXENT PARKWAY SUITE, 770, COLUMBIA, MD 21044
Preparer
David Jones
Phone
4108840220
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Hisci believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements or that would have an effect on its tax-exempt status. There are no unrecognized tax benefits or liabilities that need to be recorded.

Raw XML Appendix368 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HISCI BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0240581
IRS990ScheduleD/TotalRevenuePerForm990Amt0226538
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0226538
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0240581
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION USES A MANAGEMENT COMPANY TO PROVIDE MANAGEMENT, FINANCIAL AND MARKETING SERVICES. FEES PAID TO THE MANAGEMENT COMPANY WERE AS FOLLOWS: ADMINISTRATIVE SERVICES: $21,970, EDUCATION PROGRAMMING SERVICES: $6,503, EXCUTIVE DIRECTOR/MANAGEMENT AND HEADQUATERS: $102,500, FINANCIAL MANAGEMENT & ACCOUNTING SERVICES: $20,300, IT SERVICES: $19,545, AND MARKETING COMMUNICATION SERVICES: $29,175. THE MANAGEMENT COMPANY'S PERFORMANCE UNDER THIS CONTRACT IS MONITORED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE COUPLE CHANGES TO THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS MEMBERS THAT VOTE ON THE ELECTION OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR WHO HAS THE AUTHORITY TO REVIEW AND SIGN ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL BOARD OF DIRECTORS ARE ASKED TO DECLARE ALL CONFLICTS OF INTEREST AT THE START OF EVERY BOARD MEETING. THIS IS NOTED IN THE BOARD OF DIRECTORS MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6HISCI MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0324805
IRS990/TotalAssetsEOYAmt0296615
IRS990/TotalAssetsGrp/BOYAmt0324805
IRS990/TotalAssetsGrp/EOYAmt0296615
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0240581
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0108588
IRS990/TotalLiabilitiesEOYAmt094441
IRS990/TotalLiabilitiesGrp/BOYAmt0108588
IRS990/TotalLiabilitiesGrp/EOYAmt094441
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0216217
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0202174
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0226408
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0130
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0226408
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0226538
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0324805
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0296615
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt08573
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0216217
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0202174
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02025 M STREET NW NO 800
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.HISCIONLINE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KURT GALLAGHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CURRENT EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02023671185
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEALTHCARE INDUSTRY SUPPLY CHAIN
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0HEAL
ReturnHeader/Filer/EIN0208008558
ReturnHeader/Filer/PhoneNum02023671185
ReturnHeader/Filer/USAddress/AddressLine1Txt02025 M STREET NW NO 800
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521853933
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JONES MARESCA & MCQUADE PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010500 LITTLE PATUXENT PARKWAY SUITE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0770
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021044
ReturnHeader/PreparerPersonGrp/PhoneNum04108840220
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID JONES
ReturnHeader/ReturnTs02016-10-05T10:28:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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