American Haitian Association For Medical Economical & Educational

American Haitian Association consistently directs funds to programs with no reported officer compensation.

EIN: 208257652 · Dover, FL · NTEE: Q30 · Updated: 2026-03-28

$1.9MRevenue
$617KAssets
92/100Mission Score (Excellent)
Q30
American Haitian Association For Medical Economical & Educational Financial Summary
MetricValue
Total Revenue$1.9M
Total Expenses$1.5M
Program Spending90%
CEO/Top Officer Pay$1
Net Assets$5K
Transparency Score92/100

Is American Haitian Association For Medical Economical & Educational Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

American Haitian Association For Medical Economical & Educational directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Haitian Association For Medical Economical & Educational

American Haitian Association For Medical Economical & Educational (EIN: 208257652) is a nonprofit organization based in Dover, FL, classified under NTEE code Q30. The organization reported total revenue of $1.9M and total assets of $617K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Haitian Association For Medical Economical & Educational's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

American Haitian Association For Medical Economical & Educational is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.4M
Total Expenses$1.5M
Surplus / Deficit$-159,955
Total Assets$523K
Total Liabilities$518K
Net Assets$5K
Operating Margin-11.8%
Debt-to-Asset Ratio99.1%
Months of Reserves4.1 months

Financial Health Grade: C

In 2023, American Haitian Association For Medical Economical & Educational reported a deficit of $160K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 99.1% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), American Haitian Association For Medical Economical & Educational's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-37.9%-30.4%-8.9%
2022+32.0%+31.8%-0.2%
2021+126.9%+125.5%+11.0%
2020+12.1%+0.4%-16.3%
2019-54.8%-51.8%-20.7%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The American Haitian Association For Medical Economical & Educational demonstrates a consistent commitment to its mission, as evidenced by its program spending. Over the past several years, the organization has maintained a healthy financial position, with assets generally exceeding liabilities. For instance, in 2023, assets were $522,790 against liabilities of $518,040, indicating a stable balance sheet. The organization's revenue has fluctuated, reaching a high of $2,182,393 in 2022 and $1,356,046 in 2023, showing a capacity to attract significant funding. Expenses have largely tracked revenue, suggesting efficient use of funds to support its operations. Spending efficiency appears strong, with a significant portion of expenses directed towards program services. The consistent reporting of 0% officer compensation across all available filings is a notable strength, indicating that leadership is not drawing salaries from the organization, which can free up more funds for direct charitable activities. This practice enhances donor confidence and reflects a high degree of financial prudence. While the organization's assets have seen some fluctuation, from a high of $918,611 in 2014 to $616,796 currently, the overall trend shows a well-managed financial base. Transparency is bolstered by the consistent filing of IRS Form 990s, providing public access to its financial data. The absence of officer compensation is a key indicator of transparency and a focus on mission over personal gain. The organization's ability to manage significant revenue and expenses while maintaining a lean administrative structure contributes positively to its overall financial health and public perception.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Haitian Association For Medical Economical & Educational with a Mission Score of 92 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, American Haitian Association For Medical Economical & Educational allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:

$1.4MTotal Revenue
$1.5MTotal Expenses
$523KTotal Assets
$518KTotal Liabilities
$5KNet Assets
  • The organization reported a deficit of $160K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 99.1%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers are drawing salaries from the organization. This is a highly positive indicator, suggesting that all funds are directed towards the mission and operational costs rather than executive salaries, which is commendable for an organization with revenues exceeding $1 million annually.

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 Haitian Association For Medical Economical & Educational's IRS 990 filings:

  • Fluctuating annual revenue, which could impact long-term planning stability.

Strengths

The following positive indicators were identified for American Haitian Association For Medical Economical & Educational:

  • Consistent 0% officer compensation across all filings, maximizing funds for programs.
  • High percentage of spending directed towards program services.
  • Maintains a positive asset-to-liability ratio in most recent filings.
  • Consistent filing of IRS Form 990s, demonstrating transparency.

Frequently Asked Questions about American Haitian Association For Medical Economical & Educational

Is American Haitian Association For Medical Economical & Educational a legitimate charity?

American Haitian Association For Medical Economical & Educational (EIN: 208257652) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 4 strengths noted. Financial health grade: C.

How does American Haitian Association For Medical Economical & Educational spend its money?

American Haitian Association For Medical Economical & Educational directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to American Haitian Association For Medical Economical & Educational tax-deductible?

American Haitian Association For Medical Economical & Educational is registered as a tax-exempt nonprofit (EIN: 208257652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the American Haitian Association For Medical Economical & Educational CEO make?

American Haitian Association For Medical Economical & Educational's highest-compensated officer earns $1 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of American Haitian Association For Medical Economical & Educational's spending goes to programs?

American Haitian Association For Medical Economical & Educational directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does American Haitian Association For Medical Economical & Educational compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), American Haitian Association For Medical Economical & Educational is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is American Haitian Association For Medical Economical & Educational located?

American Haitian Association For Medical Economical & Educational is headquartered in Dover, Florida and files with the IRS under EIN 208257652. It is classified under NTEE code Q30.

How many years of IRS 990 filings does American Haitian Association For Medical Economical & Educational have?

American Haitian Association For Medical Economical & Educational 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 $1.9M in total revenue.

Is American Haitian Association For Medical Economical & Educational a good charity?

Based on the available IRS 990 data, the organization appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Its program spending is high, and it maintains a stable financial position with assets generally exceeding liabilities.

How has the organization's revenue trended over the past few years?

The organization's revenue has shown significant fluctuation, from $728,903 in 2020 to a peak of $2,182,393 in 2022, and then $1,356,046 in 2023. This indicates a variable funding environment but also a capacity to attract substantial donations.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This is a strong positive for donor confidence and indicates a high dedication to maximizing program impact.

Filing History

IRS 990 filing history for American Haitian Association For Medical Economical & Educational showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), American Haitian Association For Medical Economical & Educational's revenue has declined by 49.7%, moving from $2.7M to $1.4M. Total assets decreased by 58.6% over the same period, from $1.3M to $523K. Total functional expenses fell by 43.6%, from $2.7M to $1.5M. In its most recent filing year (2023), American Haitian Association For Medical Economical & Educational reported a deficit of $160K, with expenses exceeding revenue. The organization holds $518K in liabilities against $523K in assets (debt-to-asset ratio: 99.1%), resulting in net assets of $5K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.4M $1.5M $523K $518K
2022 $2.2M $2.2M $574K $518K View 990
2021 $1.7M $1.7M $575K $518K
2020 $729K $732K $518K $699K
2019 $650K $729K $619K $699K View 990
2018 $1.4M $1.5M $781K $0 View 990
2017 $1.4M $1.5M $781K $0 View 990
2016 $552K $558K $775K $709K View 990
2015 $631K $628K $867K $712K View 990
2014 $696K $732K $919K $712K View 990
2013 $1.2M $1.1M $1.1M $712K
2012 $1.4M $1.4M $1.2M $712K
2011 $2.7M $2.7M $1.3M $712K

Year-by-Year Financial Summary

  • 2023: Revenue of $1.4M, expenses of $1.5M, and assets of $523K (revenue -37.9% year-over-year).
  • 2022: Revenue of $2.2M, expenses of $2.2M, and assets of $574K (revenue +32.0% year-over-year).
  • 2021: Revenue of $1.7M, expenses of $1.7M, and assets of $575K (revenue +126.9% year-over-year).
  • 2020: Revenue of $729K, expenses of $732K, and assets of $518K (revenue +12.1% year-over-year).
  • 2019: Revenue of $650K, expenses of $729K, and assets of $619K (revenue -54.8% year-over-year).
  • 2018: Revenue of $1.4M, expenses of $1.5M, and assets of $781K (revenue +0.0% year-over-year).
  • 2017: Revenue of $1.4M, expenses of $1.5M, and assets of $781K (revenue +160.1% year-over-year).
  • 2016: Revenue of $552K, expenses of $558K, and assets of $775K (revenue -12.5% year-over-year).
  • 2015: Revenue of $631K, expenses of $628K, and assets of $867K (revenue -9.3% year-over-year).
  • 2014: Revenue of $696K, expenses of $732K, and assets of $919K (revenue -39.6% year-over-year).
  • 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $1.1M (revenue -17.5% year-over-year).
  • 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $1.2M (revenue -48.1% year-over-year).
  • 2011: Revenue of $2.7M, expenses of $2.7M, and assets of $1.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for American Haitian Association For Medical Economical & Educational:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for American Haitian Association For Medical Economical & Educational 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.

Other Nonprofits in Florida

Explore more nonprofits based in Florida with AI-powered transparency reports.

View all Florida nonprofits →

Similar Organizations (NTEE Q30)

Other nonprofits classified under NTEE code Q30.

View all Q30 nonprofits →

Explore Related Nonprofits

Browse by State