Is International Hyperbarics Association…

Quick charity verification for International Hyperbarics Association Inc (EIN: 201778039)

Red Flags

Persistent high liabilities ($255,300 from 2021-2023) significantly exceeding assets, leading to negative net assets.
Significant operating deficit in 2022, with expenses ($986,298) far exceeding revenue ($718,359).
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data makes efficiency assessment difficult.
Unusually consistent 0% officer compensation for an organization with over $600,000 in annual revenue, which could indicate alternative compensation structures or reliance on unpaid leadership.

Spending Breakdown

How International Hyperbarics Association Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 International Hyperbarics Association Inc

Is International Hyperbarics Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, International Hyperbarics Association Inc (EIN: 201778039) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.

Is International Hyperbarics Association Inc a good charity to donate to?

International Hyperbarics Association Inc has a Mission Score of 65/100. Revenue: $686K. Assets: $239K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for International Hyperbarics Association Inc?

The Employer Identification Number (EIN) for International Hyperbarics Association Inc is 201778039. 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 International Hyperbarics Association Inc spend its money?

International Hyperbarics Association Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify International Hyperbarics Association Inc's tax-exempt status?

You can verify International Hyperbarics Association Inc's tax-exempt status using EIN 201778039 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

International Hyperbarics Association Inc. demonstrates a fluctuating financial history, with significant growth in revenue and expenses in recent years. While the organization has shown periods of strong revenue generation, such as $718,359 in 2022 and $721,513 in 2021, it also experienced a substantial deficit in 2022, with expenses ($986,298) far exceeding revenue. The latest filing for 2023 shows a healthier position with revenue of $656,864 against expenses of $605,283, indicating a surplus. A notable concern is the consistent high level of liabilities, reported at $255,300 from 2021 to 2023, which significantly impacts the organization's net assets. For instance, in 2023, assets were $142,110 while liabilities were $255,300, resulting in negative net assets.

The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The rapid increase in revenue and expenses from 2017 to 2021, followed by a period of higher expenses than revenue, suggests potential scaling challenges or significant program investments. The lack of officer compensation also points to a volunteer-driven leadership structure, which can be both a strength in terms of cost efficiency and a potential challenge for long-term strategic leadership.

Transparency regarding executive compensation is excellent, with 0% reported. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully evaluate how efficiently donor funds are being utilized for their stated mission. The significant and persistent liabilities warrant further investigation to understand their nature and the organization's plan for managing them, as they represent a substantial financial burden relative to the organization's assets.

Is International Hyperbarics Association Inc Legit?

Verdict: International Hyperbarics Association Inc shows mixed signals