Quick charity verification for Friends For Health In Haiti Inc (EIN: 204832316)
Verdict: Friends For Health In Haiti Inc appears trustworthy
95/100Mission Score
$441KRevenue
$1.7MAssets
1Red Flags
5Strengths
Red Flags
None identified based on the provided financial data.
Strengths
Consistent asset growth, reaching $1,636,309 in 2023.
Extremely low liabilities relative to assets ($2,775 in 2023).
0% reported officer compensation across all available filings, indicating high efficiency.
Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency.
Positive net income in most years, contributing to financial stability.
Spending Breakdown
How Friends For Health In Haiti Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Friends For Health In Haiti Inc
Is Friends For Health In Haiti Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends For Health In Haiti Inc (EIN: 204832316) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Friends For Health In Haiti Inc a good charity to donate to?
Friends For Health In Haiti Inc has a Mission Score of 95/100. Revenue: $441K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends For Health In Haiti Inc?
The Employer Identification Number (EIN) for Friends For Health In Haiti Inc is 204832316. 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 Friends For Health In Haiti Inc spend its money?
Friends For Health In Haiti Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends For Health In Haiti Inc's tax-exempt status?
You can verify Friends For Health In Haiti Inc's tax-exempt status using EIN 204832316 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
Friends For Health In Haiti Inc demonstrates consistent financial growth and strong program focus. Over the past five years, the organization's revenue has fluctuated but generally trended upwards, from $311,621 in 2019 to $561,771 in 2023. Expenses have also increased, but assets have shown steady growth, reaching $1,636,309 in 2023 from $952,241 in 2019, indicating good financial management and accumulation of resources. The organization's liabilities remain very low relative to its assets, suggesting a healthy balance sheet.
The absence of officer compensation reported across all available filings is a significant indicator of efficiency and a strong commitment to directing funds towards its mission. This practice minimizes administrative overhead and maximizes the impact of donor contributions. While specific program spending ratios are not detailed in the provided data, the lack of executive compensation strongly suggests a high proportion of funds are allocated to direct charitable activities. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency.
Overall, Friends For Health In Haiti Inc appears to be a financially healthy and efficiently run organization. Its consistent asset growth, low liabilities, and zero reported officer compensation point to a well-managed nonprofit that prioritizes its mission. Further analysis of detailed expense breakdowns would provide even greater insight into spending efficiency, but the current data is very positive.