Quick charity verification for Health Equity Alliance (EIN: 10441229)
Verdict: Health Equity Alliance appears trustworthy
85/100Mission Score
$1.9MRevenue
$816KAssets
2Red Flags
4Strengths
Red Flags
Periods of deficit spending (e.g., 2021 and 2022 where expenses exceeded revenue)
Significant increase in liabilities in 2023 without clear explanation in summary data
Strengths
Consistent 0% officer compensation, indicating high efficiency in directing funds to mission
Stable and growing revenue base over the past decade
Significant increase in assets in 2023, suggesting financial growth
Long filing history (13 filings) demonstrating consistent compliance and transparency
Spending Breakdown
How Health Equity Alliance 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 Health Equity Alliance
Is Health Equity Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Health Equity Alliance (EIN: 10441229) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Health Equity Alliance a good charity to donate to?
Health Equity Alliance has a Mission Score of 85/100. Revenue: $1.9M. Assets: $816K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Health Equity Alliance?
The Employer Identification Number (EIN) for Health Equity Alliance is 10441229. 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 Health Equity Alliance spend its money?
Health Equity Alliance allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Health Equity Alliance's tax-exempt status?
You can verify Health Equity Alliance's tax-exempt status using EIN 10441229 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
Health Equity Alliance demonstrates a generally stable financial position, with recent revenue of $1,858,650 and assets of $816,367 in the 2023 fiscal year. The organization has shown consistent revenue generation over the past decade, fluctuating but generally maintaining a strong base. A notable strength is the consistent reporting of 0% officer compensation, indicating a commitment to directing funds towards its mission rather than executive salaries. However, there have been periods of deficit spending, such as in 2021 and 2022, where expenses exceeded revenue, which could impact long-term financial stability if not managed effectively. The increase in assets from $411,573 in 2022 to $816,367 in 2023, alongside a rise in liabilities from $353,009 to $625,987, suggests growth but also an increased reliance on borrowed funds or deferred revenue. The organization's transparency is high regarding executive compensation, as it consistently reports no officer compensation.