American Association Of Heart Failure Nurses
American Association of Heart Failure Nurses consistently grows assets with no reported officer compensation.
EIN: 200685642 · Mount Laurel, NJ · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 90/100 |
Is American Association Of Heart Failure Nurses Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Association Of Heart Failure Nurses directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Association Of Heart Failure Nurses
American Association Of Heart Failure Nurses (EIN: 200685642) is a nonprofit organization based in Mount Laurel, NJ, classified under NTEE code S41. The organization reported total revenue of $1.6M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Association Of Heart Failure Nurses's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Association Of Heart Failure Nurses is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$70K |
| Total Assets | $1.8M |
| Total Liabilities | $338K |
| Net Assets | $1.5M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 18.3% |
| Months of Reserves | 15.0 months |
Financial Health Grade: A
In 2023, American Association Of Heart Failure Nurses reported a surplus of $70K with revenue exceeding expenses, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 18.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Association Of Heart Failure Nurses's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | +9.0% | +23.0% |
| 2022 | +11.3% | +19.7% | -0.5% |
| 2021 | +1.9% | +6.8% | +23.6% |
| 2020 | -9.7% | -19.3% | +37.0% |
| 2019 | -1.6% | -8.2% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Association Of Heart Failure Nurses with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, American Association Of Heart Failure Nurses allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $70K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Association Of Heart Failure Nurses's IRS 990 filings:
- No reported officer compensation for an organization with over $1.5 million in annual revenue, which could indicate compensation is reported under other categories or that the organization relies heavily on volunteer leadership, which might not be sustainable long-term without proper succession planning.
Strengths
The following positive indicators were identified for American Association Of Heart Failure Nurses:
- Consistent revenue generation exceeding expenses, leading to strong asset growth from $365,375 in 2015 to $1,848,495 in 2023.
- Zero reported officer compensation, suggesting a high dedication of funds to programmatic or operational expenses.
- Healthy balance sheet with manageable liabilities relative to growing assets.
- Consistent filing of IRS 990s, indicating good transparency and compliance.
Frequently Asked Questions about American Association Of Heart Failure Nurses
Is American Association Of Heart Failure Nurses a legitimate charity?
American Association Of Heart Failure Nurses (EIN: 200685642) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does American Association Of Heart Failure Nurses spend its money?
American Association Of Heart Failure Nurses directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to American Association Of Heart Failure Nurses tax-deductible?
American Association Of Heart Failure Nurses is registered as a tax-exempt nonprofit (EIN: 200685642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Association Of Heart Failure Nurses's spending goes to programs?
American Association Of Heart Failure Nurses directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Association Of Heart Failure Nurses compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), American Association Of Heart Failure Nurses is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Association Of Heart Failure Nurses located?
American Association Of Heart Failure Nurses is headquartered in Mount Laurel, New Jersey and files with the IRS under EIN 200685642. It is classified under NTEE code S41.
How many years of IRS 990 filings does American Association Of Heart Failure Nurses have?
American Association Of Heart Failure Nurses has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.6M in total revenue.
Is the American Association of Heart Failure Nurses a good charity?
Based on the provided financial data, the American Association of Heart Failure Nurses appears to be a financially healthy and well-managed organization. It consistently generates more revenue than expenses, leading to significant asset growth from $365,375 in 2015 to $1,848,495 in 2023. The absence of reported officer compensation is a strong indicator of efficient resource allocation towards its mission.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth and stability. Assets have increased significantly from $365,375 in 2015 to $1,848,495 in 2023. Revenue has generally remained above expenses, with a few exceptions, demonstrating a healthy financial trajectory and ability to build reserves.
What is the trend in the organization's liabilities?
Liabilities have fluctuated but remained manageable relative to assets. For example, in 2023, liabilities were $338,405 against assets of $1,848,495, indicating a strong balance sheet. While there was a peak in 2018 at $301,695, they have generally been well-covered by the organization's growing asset base.
Filing History
IRS 990 filing history for American Association Of Heart Failure Nurses showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Association Of Heart Failure Nurses's revenue has grown by 50%, moving from $1.0M to $1.5M. Total assets increased by 492.7% over the same period, from $312K to $1.8M. Total functional expenses rose by 45.1%, from $1.0M to $1.5M. In its most recent filing year (2023), American Association Of Heart Failure Nurses reported a surplus of $70K, with revenue exceeding expenses. The organization holds $338K in liabilities against $1.8M in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $1.8M | $338K | — | — |
| 2022 | $1.6M | $1.4M | $1.5M | $106K | — | View 990 |
| 2021 | $1.4M | $1.1M | $1.5M | $243K | — | View 990 |
| 2020 | $1.4M | $1.1M | $1.2M | $222K | — | — |
| 2019 | $1.5M | $1.3M | $892K | $201K | — | — |
| 2018 | $1.5M | $1.4M | $791K | $302K | — | View 990 |
| 2017 | $1.3M | $1.3M | $528K | $147K | — | — |
| 2016 | $1.5M | $1.4M | $402K | $98K | — | View 990 |
| 2015 | $1.3M | $1.4M | $365K | $207K | — | View 990 |
| 2014 | $1.4M | $1.4M | $500K | $208K | — | View 990 |
| 2013 | $1.3M | $1.3M | $488K | $259K | — | View 990 |
| 2012 | $1.2M | $1.2M | $450K | $272K | — | View 990 |
| 2011 | $1.0M | $1.0M | $312K | $137K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $1.8M (revenue -0.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $1.5M (revenue +11.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.1M, and assets of $1.5M (revenue +1.9% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.1M, and assets of $1.2M (revenue -9.7% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.3M, and assets of $892K (revenue -1.6% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.4M, and assets of $791K (revenue +14.4% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $528K (revenue -11.9% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $402K (revenue +18.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $365K (revenue -10.0% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $500K (revenue +8.0% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $488K (revenue +11.9% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $450K (revenue +15.2% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $312K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Association Of Heart Failure Nurses:
Data Sources and Methodology
This transparency report for American Association Of Heart Failure Nurses is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.