Quick charity verification for Foundation For Health Equity (EIN: 201232493)
Verdict: Foundation For Health Equity appears trustworthy
92/100Mission Score
$1.5MRevenue
$18.6MAssets
1Red Flags
4Strengths
Red Flags
Consistent deficit spending in recent years (e.g., 2023, 2022, 2020, 2018, 2016, 2015, 2014) could indicate reliance on asset drawdowns without sufficient new revenue generation to cover expenses.
Strengths
Zero reported officer compensation across all filings demonstrates exceptional financial efficiency and dedication to mission.
Substantial and stable asset base (e.g., $18,570,191 latest assets) provides long-term financial security and capacity for grantmaking.
Consistent filing history (13 filings) indicates strong transparency and compliance with IRS regulations.
Low liabilities relative to assets (e.g., $294,179 liabilities vs. $16,641,367 assets in 2023) suggests sound financial management and minimal debt burden.
Spending Breakdown
How Foundation For Health Equity 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 Foundation For Health Equity
Is Foundation For Health Equity a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Health Equity (EIN: 201232493) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Foundation For Health Equity a good charity to donate to?
Foundation For Health Equity has a Mission Score of 92/100. Revenue: $1.5M. Assets: $18.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Foundation For Health Equity?
The Employer Identification Number (EIN) for Foundation For Health Equity is 201232493. 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 Foundation For Health Equity spend its money?
Foundation For Health Equity allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Foundation For Health Equity's tax-exempt status?
You can verify Foundation For Health Equity's tax-exempt status using EIN 201232493 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 Foundation For Health Equity demonstrates a consistent commitment to its mission, as evidenced by its stable asset base, which has hovered around $16-20 million over the past decade, reaching $18,570,191 most recently. While the organization has experienced fluctuations in annual revenue, ranging from $654,816 to $1,455,669, its expenses have generally been managed within a reasonable range relative to its assets. For instance, in 2023, expenses were $1,338,132 against revenues of $880,827, indicating a deficit spending year, which is not uncommon for foundations drawing from endowments. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of financial transparency and a strong focus on directing resources towards programmatic activities rather than executive salaries. This practice suggests a lean operational model and a high degree of fiscal responsibility.