Is American Haitian Association For Medical Economical & Educational Legit?
Quick charity verification for American Haitian Association For Medical Economical & Educational (EIN: 208257652)
Verdict: American Haitian Association For Medical Economical & Educational appears trustworthy
92/100Mission Score
$1.9MRevenue
$617KAssets
1Red Flags
4Strengths
Red Flags
Fluctuating annual revenue, which could impact long-term planning stability.
Strengths
Consistent 0% officer compensation across all filings, maximizing funds for programs.
High percentage of spending directed towards program services.
Maintains a positive asset-to-liability ratio in most recent filings.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How American Haitian Association For Medical Economical & Educational allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Haitian Association For Medical Economical & Educational
Is American Haitian Association For Medical Economical & Educational a legitimate charity?
Based on AI analysis of IRS 990 filings, American Haitian Association For Medical Economical & Educational (EIN: 208257652) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is American Haitian Association For Medical Economical & Educational a good charity to donate to?
American Haitian Association For Medical Economical & Educational has a Mission Score of 92/100. Revenue: $1.9M. Assets: $617K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Haitian Association For Medical Economical & Educational?
The Employer Identification Number (EIN) for American Haitian Association For Medical Economical & Educational is 208257652. 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 Haitian Association For Medical Economical & Educational spend its money?
American Haitian Association For Medical Economical & Educational allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Haitian Association For Medical Economical & Educational's tax-exempt status?
You can verify American Haitian Association For Medical Economical & Educational's tax-exempt status using EIN 208257652 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 Haitian Association For Medical Economical & Educational demonstrates a consistent commitment to its mission, as evidenced by its program spending. Over the past several years, the organization has maintained a healthy financial position, with assets generally exceeding liabilities. For instance, in 2023, assets were $522,790 against liabilities of $518,040, indicating a stable balance sheet. The organization's revenue has fluctuated, reaching a high of $2,182,393 in 2022 and $1,356,046 in 2023, showing a capacity to attract significant funding. Expenses have largely tracked revenue, suggesting efficient use of funds to support its operations.
Spending efficiency appears strong, with a significant portion of expenses directed towards program services. The consistent reporting of 0% officer compensation across all available filings is a notable strength, indicating that leadership is not drawing salaries from the organization, which can free up more funds for direct charitable activities. This practice enhances donor confidence and reflects a high degree of financial prudence. While the organization's assets have seen some fluctuation, from a high of $918,611 in 2014 to $616,796 currently, the overall trend shows a well-managed financial base.
Transparency is bolstered by the consistent filing of IRS Form 990s, providing public access to its financial data. The absence of officer compensation is a key indicator of transparency and a focus on mission over personal gain. The organization's ability to manage significant revenue and expenses while maintaining a lean administrative structure contributes positively to its overall financial health and public perception.