Quick charity verification for Heal Foundation Inc (EIN: 201944817)
Verdict: Heal Foundation Inc appears trustworthy
85/100Mission Score
$575KRevenue
$708KAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent filing period (202306), with $279,733 in expenses against $234,869 in revenue, indicating an operating deficit.
Significant year-over-year revenue decrease from $453,904 in 2022 to $234,869 in 2023.
Strengths
Consistent 0% officer compensation across all reported periods, indicating efficient use of funds.
Assets consistently exceed liabilities, demonstrating strong financial solvency (e.g., $562,951 assets vs. $11,130 liabilities in 2023).
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Overall growth in assets from $251,057 in 2015 to $562,951 in 2023, despite fluctuations in revenue.
Spending Breakdown
How Heal Foundation Inc 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 Heal Foundation Inc
Is Heal Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heal Foundation Inc (EIN: 201944817) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Heal Foundation Inc a good charity to donate to?
Heal Foundation Inc has a Mission Score of 85/100. Revenue: $575K. Assets: $708K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Heal Foundation Inc?
The Employer Identification Number (EIN) for Heal Foundation Inc is 201944817. 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 Heal Foundation Inc spend its money?
Heal Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Heal Foundation Inc's tax-exempt status?
You can verify Heal Foundation Inc's tax-exempt status using EIN 201944817 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
Heal Foundation Inc. demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. For instance, in 2023, assets were $562,951 against liabilities of $11,130, indicating strong financial solvency. The organization's revenue has fluctuated, with a notable dip in 2023 to $234,869 from $453,904 in 2022, and expenses exceeding revenue in 2023 ($279,733 vs. $234,869). This recent trend of operating at a deficit warrants attention, as it could impact future program delivery if sustained. However, the organization has historically managed its finances well, often generating surpluses, such as in 2022 where revenue of $453,904 significantly outpaced expenses of $342,092.
Regarding spending efficiency, the provided data indicates that officer compensation has consistently been 0% across all reported periods. This suggests a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator for donors. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the raw data, the absence of officer compensation implies a potentially higher proportion of funds allocated to direct charitable activities. The organization's consistent filing of IRS Form 990s demonstrates a commitment to transparency, allowing public scrutiny of its financial operations.
Overall, Heal Foundation Inc. appears to be a financially sound organization with a good track record of transparency and efficient use of funds, particularly in its avoidance of executive compensation. The recent deficit in 2023 is a point to monitor, but its historical performance suggests resilience. Donors can generally be confident in the organization's ability to manage its resources effectively, though a closer look at the specific program spending ratios would provide even greater clarity.