Is American Association Of Heart Failure Nurses Legit?
Quick charity verification for American Association Of Heart Failure Nurses (EIN: 200685642)
Verdict: American Association Of Heart Failure Nurses appears trustworthy
90/100Mission Score
$1.6MRevenue
$1.8MAssets
1Red Flags
4Strengths
Red Flags
No reported officer compensation for an organization with over $1.5 million in annual revenue, which could indicate compensation is reported under other categories or that the organization relies heavily on volunteer leadership, which might not be sustainable long-term without proper succession planning.
Strengths
Consistent revenue generation exceeding expenses, leading to strong asset growth from $365,375 in 2015 to $1,848,495 in 2023.
Zero reported officer compensation, suggesting a high dedication of funds to programmatic or operational expenses.
Healthy balance sheet with manageable liabilities relative to growing assets.
Consistent filing of IRS 990s, indicating good transparency and compliance.
Spending Breakdown
How American Association Of Heart Failure Nurses allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about American Association Of Heart Failure Nurses
Is American Association Of Heart Failure Nurses a legitimate charity?
Based on AI analysis of IRS 990 filings, American Association Of Heart Failure Nurses (EIN: 200685642) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is American Association Of Heart Failure Nurses a good charity to donate to?
American Association Of Heart Failure Nurses has a Mission Score of 90/100. Revenue: $1.6M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Association Of Heart Failure Nurses?
The Employer Identification Number (EIN) for American Association Of Heart Failure Nurses is 200685642. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does American Association Of Heart Failure Nurses spend its money?
American Association Of Heart Failure Nurses allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Association Of Heart Failure Nurses's tax-exempt status?
You can verify American Association Of Heart Failure Nurses's tax-exempt status using EIN 200685642 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The American Association of Heart Failure Nurses (AAHFN) demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, leading to a steady growth in assets. For instance, in 2023, revenue was $1,545,702 against expenses of $1,475,413, contributing to assets of $1,848,495. The organization's spending efficiency appears strong, as indicated by the absence of reported officer compensation, suggesting resources are primarily directed towards operational and programmatic activities. The consistent growth in assets, from $365,375 in 2015 to $1,848,495 in 2023, further underscores sound financial management and sustainability.
Transparency is high given the readily available IRS 990 filings, which consistently report detailed financial information. The lack of officer compensation is a notable positive for transparency and resource allocation. While specific program spending ratios are not explicitly detailed in the provided summary, the overall financial picture suggests a well-managed organization focused on its mission. The organization's liabilities have remained manageable relative to its assets, indicating a healthy balance sheet.
Overall, AAHFN exhibits a robust financial position with a clear trend of increasing assets and responsible expense management. The consistent surplus of revenue over expenses in most years, coupled with no reported officer compensation, points to an organization that is financially stable and efficient in its operations, likely directing a significant portion of its funds to its stated purpose.