Is Heal Inc Legit?

Spending Breakdown

How Heal Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Heal Inc

Is Heal Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Heal Inc (EIN: 205936421) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Heal Inc a good charity to donate to?

Heal Inc has a Mission Score of 85/100. Revenue: $1.2M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Heal Inc?

The Employer Identification Number (EIN) for Heal Inc is 205936421. 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 Inc spend its money?

Heal Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Heal Inc's tax-exempt status?

You can verify Heal Inc's tax-exempt status using EIN 205936421 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 Inc demonstrates a consistent operational history with 13 filings, indicating a stable presence. While the organization has experienced revenue growth, reaching $1,039,025 in 2023, it has also shown a trend of expenses exceeding revenue in recent years, with expenses at $1,226,132 in 2023 and $985,355 in 2022. This suggests a potential reliance on prior year surpluses or other funding sources to cover operational costs. The organization's assets have grown steadily, reaching $1,067,624 in 2023, providing a solid financial base. However, liabilities have also seen a significant increase, particularly in 2023 to $418,915, which warrants closer examination.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all filings is a strong indicator of fiscal responsibility and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances the organization's transparency and trustworthiness. The growth in assets alongside increasing liabilities suggests a need for careful management of its financial position to ensure long-term sustainability.

Overall, Heal Inc appears to be a transparent organization, particularly concerning executive compensation. Its financial health shows growth in assets but also a pattern of deficit spending in the last two reported periods. Further analysis of the specific allocation of expenses would provide a more complete picture of its spending efficiency and program impact.

Verdict: Heal Inc appears trustworthy

Red Flags

Strengths