Is Head Injury Association Inc Legit? —…

Strengths

Strong and consistent revenue growth over the past decade, from $17.3M in 2014 to $39.2M in 2023.
Significant increase in total assets, nearly doubling from $22M in 2014 to $48.5M in 2023, indicating strong financial health.
Generally positive net income in most recent years, with revenue exceeding expenses (e.g., $39.2M revenue vs. $34.8M expenses in 202312).
Low liabilities relative to assets, with liabilities at $14.9M against $48.5M in assets in 202312, suggesting good financial leverage.

Spending Breakdown

How Head Injury Association Inc allocates its funds across programs, administration, and fundraising.

88%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Head Injury Association Inc

Is Head Injury Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Head Injury Association Inc (EIN: 112946185) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Head Injury Association Inc a good charity to donate to?

Head Injury Association Inc has a Mission Score of 85/100. Revenue: $45.9M. Assets: $54.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Head Injury Association Inc?

The Employer Identification Number (EIN) for Head Injury Association Inc is 112946185. 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 Head Injury Association Inc spend its money?

Head Injury Association Inc allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Head Injury Association Inc's tax-exempt status?

You can verify Head Injury Association Inc's tax-exempt status using EIN 112946185 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

Head Injury Association Inc. demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $39,217,904 in revenue for the 202312 period. The organization has also shown a strong ability to build its asset base, reaching $48,500,865 in 202312, indicating good financial stewardship and capacity for future operations. Their program spending appears robust, with expenses consistently below revenue in most recent years, suggesting efficient use of funds. For instance, in 202312, expenses were $34,843,729 against $39,217,904 in revenue, leaving a significant surplus.

However, a notable aspect of their transparency is the reported 0% officer compensation across all available filings. While this could indicate that executive compensation is not reported under 'officer compensation' or that executives are compensated through other means, it warrants further investigation for a complete understanding of their compensation practices. The organization's NTEE code G48Z suggests a focus on brain injury support, and the financial data supports a large-scale operation in this area. The consistent growth in assets and revenue points to a stable and expanding organization.

Overall, Head Injury Association Inc. appears to be a financially sound organization with a strong capacity to deliver on its mission, as evidenced by its growing assets and generally positive net income. The lack of reported officer compensation is an area that could benefit from further clarification for enhanced transparency.

Is Head Injury Association Inc Legit?

Verdict: Head Injury Association Inc appears trustworthy

Red Flags