Operational deficit in the most recent filing period (202306) where expenses exceeded revenue by $1.8 million.
Significant increase in liabilities alongside assets in 202306, which could indicate increased debt burden.
Strengths
Consistent revenue generation, averaging $38-40 million annually.
Substantial asset growth, from $11.1 million in 202206 to $27.8 million in 202306, indicating expansion or investment.
Consistent filing of IRS Form 990s, demonstrating transparency in reporting.
Spending Breakdown
How Heartland Health System Inc 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 Heartland Health System Inc
Is Heartland Health System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heartland Health System Inc (EIN: 201890414) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Heartland Health System Inc a good charity to donate to?
Heartland Health System Inc has a Mission Score of 75/100. Revenue: $44.2M. Assets: $65.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Heartland Health System Inc?
The Employer Identification Number (EIN) for Heartland Health System Inc is 201890414. 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 Heartland Health System Inc spend its money?
Heartland Health System Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Heartland Health System Inc's tax-exempt status?
You can verify Heartland Health System Inc's tax-exempt status using EIN 201890414 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
Heartland Health System Inc demonstrates a generally stable financial position with consistent revenue streams over the past three years, averaging around $38-40 million annually. While the organization reported a deficit in the 202306 period with expenses exceeding revenue by approximately $1.8 million, this follows two years of surpluses. A notable aspect is the significant increase in assets from $11.1 million in 202206 to $27.8 million in 202306, indicating substantial growth or investment. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, and the reported 0% officer compensation across all filings suggests a lean administrative structure at the executive level, or that compensation is reported under other categories, which warrants further investigation for a complete picture.
Spending efficiency appears reasonable given the nature of a health system. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to precisely quantify efficiency ratios. However, the consistent operational scale and asset growth suggest effective management of resources to support its mission. The increase in liabilities alongside assets in 202306 (from $4.1 million to $22.6 million) could indicate strategic borrowing for expansion or capital improvements, which is common for growing healthcare entities.
Overall, Heartland Health System Inc appears to be a financially active and growing entity. The lack of reported officer compensation is a positive indicator for donor confidence regarding executive pay, though it's important to understand how leadership is compensated if not through direct officer compensation. The recent deficit in 202306 should be monitored, but the overall trend of asset growth and consistent revenue suggests a healthy, albeit dynamic, financial operation.