The 'c0%' for compensation across all years in the provided data is unusual and requires clarification to ensure proper reporting of executive salaries.
Strengths
Consistently high percentage of expenses allocated to programs (around 89% based on 2018 data).
Steady revenue growth over the past several years, indicating financial stability.
Healthy asset-to-liability ratio, suggesting good financial management.
Spending Breakdown
How Healthcare Options Inc allocates its funds across programs, administration, and fundraising.
89%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
6%
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 Healthcare Options Inc
Is Healthcare Options Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Healthcare Options Inc (EIN: 222543620) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Healthcare Options Inc a good charity to donate to?
Healthcare Options Inc has a Mission Score of 85/100. Revenue: $5.2M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Healthcare Options Inc?
The Employer Identification Number (EIN) for Healthcare Options Inc is 222543620. 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 Healthcare Options Inc spend its money?
Healthcare Options Inc allocates 89% to programs, 5% to administration, and 6% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Healthcare Options Inc's tax-exempt status?
You can verify Healthcare Options Inc's tax-exempt status using EIN 222543620 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
Healthcare Options Inc is a health care nonprofit based in Attleboro, Massachusetts, with reported revenue of $5.2M and assets of $1.6M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 89% of spending goes to programs, 5% to administration, and 6% to fundraising. Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no compensation was reported for key employees, which warrants further investigation. Revenue has grown +71% across 8 filing periods.