Is Healthy Smiles Family Dentistry Inc Legit?

Quick charity verification for Healthy Smiles Family Dentistry Inc (EIN: 205213099)

Verdict: Healthy Smiles Family Dentistry Inc appears trustworthy

85/100Mission Score
$788KRevenue
$499KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Healthy Smiles Family Dentistry Inc demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For instance, in 2023, revenue was $865,433 against expenses of $771,305, leading to an increase in assets to $441,585. The organization's liabilities have remained relatively low, indicating sound financial management and a healthy balance sheet. The absence of reported officer compensation across all available filings suggests a strong commitment to directing funds towards its mission, or that compensation is structured in a way not reported as officer compensation on the 990, which warrants further investigation for complete transparency. The organization's financial health appears stable, with a positive trend in net assets over the past decade, growing from $144,711 in 2014 to $441,585 in 2023. This growth, coupled with consistent revenue generation, indicates a sustainable operational model. The NTEE code E30 suggests a focus on dental care, aligning with its name. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to precisely assess spending efficiency, but the overall financial stability is a positive indicator. Transparency is generally good through its consistent filing of IRS Form 990s. However, the lack of reported officer compensation could be a point of inquiry for potential donors seeking full clarity on how leadership is compensated, especially for an organization with significant revenue. Further details on program spending versus administrative overhead would enhance the assessment of its spending efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages