Buyers Health Care Action Group
Buyers Health Care Action Group faces significant revenue decline and operating deficits, reducing assets by over 75% since 2012.
EIN: 202307185 · Bloomington, MN · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $592K |
| Total Expenses | $790K |
| Program Spending | 75% |
| Net Assets | $186K |
| Transparency Score | 60/100 |
Is Buyers Health Care Action Group Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Buyers Health Care Action Group directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Buyers Health Care Action Group
Buyers Health Care Action Group (EIN: 202307185) is a nonprofit organization based in Bloomington, MN, classified under NTEE code S41. The organization reported total revenue of $592K and total assets of $186K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buyers Health Care Action Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buyers Health Care Action Group is a small nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -11.4%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $592K |
| Total Expenses | $790K |
| Surplus / Deficit | $-198,016 |
| Total Assets | $186K |
| Net Assets | $186K |
| Operating Margin | -33.5% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2019, Buyers Health Care Action Group reported a deficit of $198K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2011–2019), Buyers Health Care Action Group's revenue has declined at a compound annual growth rate (CAGR) of -11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -15.7% | -22.3% | -51.6% |
| 2018 | -34.4% | -5.7% | -45.0% |
| 2017 | -50.5% | -49.9% | +7.2% |
| 2016 | -13.0% | -12.7% | +0.2% |
| 2015 | +59.4% | +42.2% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Buyers Health Care Action Group with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Buyers Health Care Action Group allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $198K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive services are provided without direct compensation reported on the 990, which is positive for minimizing overhead.
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 Buyers Health Care Action Group's IRS 990 filings:
- Significant and consistent decline in revenue over multiple years (from $2.48M in 2015 to $591K in 2019).
- Consistent operating deficits in recent years (e.g., $198,016 in 2019, $314,561 in 2018), indicating expenses exceed revenue.
- Substantial reduction in assets (from $905,348 in 2012 to $185,937 in 2019), suggesting reliance on reserves to cover deficits.
Strengths
The following positive indicators were identified for Buyers Health Care Action Group:
- Consistent reporting of zero liabilities across all filings, indicating no outstanding debt.
- No reported officer compensation, suggesting low executive overhead or volunteer leadership.
- Consistent IRS 990 filing history, demonstrating transparency in financial reporting.
Frequently Asked Questions about Buyers Health Care Action Group
Is Buyers Health Care Action Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Buyers Health Care Action Group (EIN: 202307185) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Buyers Health Care Action Group spend its money?
Buyers Health Care Action Group directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Buyers Health Care Action Group tax-deductible?
Buyers Health Care Action Group is registered as a tax-exempt nonprofit (EIN: 202307185). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Buyers Health Care Action Group's spending goes to programs?
Buyers Health Care Action Group directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Buyers Health Care Action Group compare to similar nonprofits?
With a transparency score of 60/100 (Good), Buyers Health Care Action Group 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 Buyers Health Care Action Group located?
Buyers Health Care Action Group is headquartered in Bloomington, Minnesota and files with the IRS under EIN 202307185. It is classified under NTEE code S41.
How many years of IRS 990 filings does Buyers Health Care Action Group have?
Buyers Health Care Action Group has 9 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 $592K in total revenue.
What caused the significant decline in revenue from $2.48M in 2015 to $591K in 2019?
The provided data does not specify the reasons for the revenue decline, but it is a critical trend impacting the organization's financial sustainability.
How does the organization cover its operating deficits, such as the $198,016 deficit in 2019?
Operating deficits are currently covered by drawing down on existing assets, which have decreased from $905,348 in 2012 to $185,937 in 2019.
What is the detailed breakdown of expenses (program, administrative, fundraising) for the most recent fiscal year?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses beyond total expenses. This information would be crucial for a complete spending efficiency analysis.
Filing History
IRS 990 filing history for Buyers Health Care Action Group showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Buyers Health Care Action Group's revenue has declined by 61.9%, moving from $1.6M to $592K. Total assets decreased by 76.2% over the same period, from $782K to $186K. Total functional expenses fell by 49.6%, from $1.6M to $790K. In its most recent filing year (2019), Buyers Health Care Action Group reported a deficit of $198K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $592K | $790K | $186K | $0 | — | View 990 |
| 2018 | $701K | $1.0M | $384K | $0 | — | View 990 |
| 2017 | $1.1M | $1.1M | $699K | $0 | — | — |
| 2016 | $2.2M | $2.1M | $652K | $0 | — | View 990 |
| 2015 | $2.5M | $2.5M | $650K | $0 | — | View 990 |
| 2014 | $1.6M | $1.7M | $629K | $0 | — | View 990 |
| 2013 | $1.6M | $1.7M | $801K | $0 | — | View 990 |
| 2012 | $1.8M | $1.6M | $905K | $0 | — | View 990 |
| 2011 | $1.6M | $1.6M | $782K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $592K, expenses of $790K, and assets of $186K (revenue -15.7% year-over-year).
- 2018: Revenue of $701K, expenses of $1.0M, and assets of $384K (revenue -34.4% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $699K (revenue -50.5% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.1M, and assets of $652K (revenue -13.0% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.5M, and assets of $650K (revenue +59.4% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.7M, and assets of $629K (revenue -2.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.7M, and assets of $801K (revenue -9.4% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.6M, and assets of $905K (revenue +13.8% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $782K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Buyers Health Care Action Group:
Data Sources and Methodology
This transparency report for Buyers Health Care Action Group 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.