Family Health Initiatives Inc
Family Health Initiatives Inc. consistently operates near break-even with no reported officer compensation.
EIN: 134205636 · Pennsauken, NJ · NTEE: E124 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $2.6M |
| Program Spending | 90% |
| Net Assets | $348K |
| Transparency Score | 85/100 |
Is Family Health Initiatives Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Health Initiatives Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Health Initiatives Inc
Family Health Initiatives Inc (EIN: 134205636) is a nonprofit organization based in Pennsauken, NJ, classified under NTEE code E124. The organization reported total revenue of $4.4M and total assets of $270K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Health Initiatives Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Health Initiatives Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$269K |
| Total Assets | $908K |
| Total Liabilities | $560K |
| Net Assets | $348K |
| Operating Margin | 9.4% |
| Debt-to-Asset Ratio | 61.7% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Family Health Initiatives Inc reported a surplus of $269K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 61.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Health Initiatives Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | -16.8% | +7.1% |
| 2022 | -25.3% | -16.2% | -45.5% |
| 2021 | +65.8% | +57.0% | +113.8% |
| 2020 | -29.6% | -20.3% | -19.7% |
| 2019 | -7.0% | -9.6% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Family Health Initiatives Inc with a Mission Score of 85 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, Family Health Initiatives Inc 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:
- The organization reported a surplus of $269K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this revenue size and suggests a strong dedication to program spending.
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 Family Health Initiatives Inc's IRS 990 filings:
- Consistent operating deficits in multiple years (e.g., 2022, 2021, 2020, 2017) suggest potential financial instability.
- Significant fluctuations in assets and liabilities without clear explanations in the provided summary data.
- Unusually high liabilities in 2021 ($1,113,091) relative to assets, indicating potential financial strain.
Strengths
The following positive indicators were identified for Family Health Initiatives Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to programs.
- Multi-million dollar revenue stream demonstrates significant operational scale and funding capacity.
- Positive operating margin in the most recent 2023 filing ($268,534 surplus) indicates improved financial health.
- Long filing history (13 filings) suggests established operations and compliance.
Frequently Asked Questions about Family Health Initiatives Inc
Is Family Health Initiatives Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Health Initiatives Inc (EIN: 134205636) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Family Health Initiatives Inc spend its money?
Family Health Initiatives Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Family Health Initiatives Inc tax-deductible?
Family Health Initiatives Inc is registered as a tax-exempt nonprofit (EIN: 134205636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family Health Initiatives Inc's spending goes to programs?
Family Health Initiatives Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Health Initiatives Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Family Health Initiatives Inc is above average for NTEE category E124 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Health Initiatives Inc located?
Family Health Initiatives Inc is headquartered in Pennsauken, New Jersey and files with the IRS under EIN 134205636. It is classified under NTEE code E124.
How many years of IRS 990 filings does Family Health Initiatives Inc have?
Family Health Initiatives Inc 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 $4.4M in total revenue.
How does Family Health Initiatives Inc. manage to operate without officer compensation?
The provided data consistently shows 0% officer compensation, which is highly unusual for an organization with multi-million dollar revenues. This could indicate that officers are volunteers, compensated by a related entity, or that compensation is reported under other expense categories not specified in the summary data.
What caused the significant increase in liabilities in 2021 to over $1.1 million?
In 2021, liabilities reached $1,113,091, a substantial increase from previous years. Without detailed financial statements, it's difficult to pinpoint the exact cause, but it could be due to new debt, deferred revenue, or increased accounts payable.
What led to the decrease in assets from $1.5 million in 2021 to $908,175 in 2023?
The organization's assets decreased by over $600,000 between 2021 and 2023. This could be due to asset depreciation, sale of assets, or using cash reserves to cover operating expenses or reduce liabilities.
How does the organization sustain operations with periods of negative operating margins?
Family Health Initiatives Inc. experienced operating deficits in several years (e.g., 2022, 2021, 2020, 2017). These deficits were likely covered by drawing down on reserves, securing new funding in subsequent periods, or through non-operating income not detailed in the summary.
Filing History
IRS 990 filing history for Family Health Initiatives Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Health Initiatives Inc's revenue has grown by 230.5%, moving from $869K to $2.9M. Total assets increased by 569.3% over the same period, from $136K to $908K. Total functional expenses rose by 221.4%, from $810K to $2.6M. In its most recent filing year (2023), Family Health Initiatives Inc reported a surplus of $269K, with revenue exceeding expenses. The organization holds $560K in liabilities against $908K in assets (debt-to-asset ratio: 61.7%), resulting in net assets of $348K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.6M | $908K | $560K | — | — |
| 2022 | $2.7M | $3.1M | $848K | $798K | — | View 990 |
| 2021 | $3.7M | $3.7M | $1.6M | $1.1M | — | View 990 |
| 2020 | $2.2M | $2.4M | $728K | $210K | — | View 990 |
| 2019 | $3.1M | $3.0M | $907K | $218K | — | View 990 |
| 2018 | $3.4M | $3.3M | $884K | $345K | — | View 990 |
| 2017 | $3.0M | $3.2M | $596K | $126K | — | — |
| 2016 | $3.1M | $2.6M | $798K | $30K | — | View 990 |
| 2015 | $3.0M | $2.7M | $281K | $31K | — | View 990 |
| 2014 | $2.6M | $2.6M | $330K | $98K | — | View 990 |
| 2013 | $1.6M | $1.4M | $308K | $92K | — | View 990 |
| 2012 | $918K | $986K | $167K | $176K | — | View 990 |
| 2011 | $869K | $810K | $136K | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.6M, and assets of $908K (revenue +5.0% year-over-year).
- 2022: Revenue of $2.7M, expenses of $3.1M, and assets of $848K (revenue -25.3% year-over-year).
- 2021: Revenue of $3.7M, expenses of $3.7M, and assets of $1.6M (revenue +65.8% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.4M, and assets of $728K (revenue -29.6% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.0M, and assets of $907K (revenue -7.0% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.3M, and assets of $884K (revenue +12.5% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.2M, and assets of $596K (revenue -3.0% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.6M, and assets of $798K (revenue +2.8% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.7M, and assets of $281K (revenue +14.8% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.6M, and assets of $330K (revenue +59.4% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.4M, and assets of $308K (revenue +79.1% year-over-year).
- 2012: Revenue of $918K, expenses of $986K, and assets of $167K (revenue +5.6% year-over-year).
- 2011: Revenue of $869K, expenses of $810K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Health Initiatives Inc:
Data Sources and Methodology
This transparency report for Family Health Initiatives Inc 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.