No red flags identified.
AI Transparency Report
Healing Haiti demonstrates consistent financial activity, with revenues generally fluctuating around the $2 million mark over the past decade. The organization has maintained a healthy asset base, consistently above $3.3 million and reaching over $4.8 million in 2018, indicating good financial stability. Liabilities have remained relatively low, typically under $150,000, suggesting prudent financial management and minimal reliance on debt. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent reporting of total expenses relative to revenue suggests a stable operational model. For instance, in 2023, expenses were $1,956,020 against revenues of $1,732,398, indicating a slight deficit for that year, but this is balanced by periods of surplus, such as 2022 where revenue exceeded expenses by approximately $50,000. The organization's long filing history (13 filings) further supports its commitment to transparency and regulatory compliance.
Overall, Healing Haiti appears to be a financially stable organization with a strong commitment to transparency, particularly regarding executive compensation. Its consistent asset base and low liabilities suggest a well-managed financial position, allowing it to sustain its operations effectively.