Friends For Health In Haiti Inc
Friends For Health In Haiti Inc shows consistent asset growth and no reported officer compensation over a decade.
EIN: 204832316 · Cedarburg, WI · NTEE: Q33 · Updated: 2026-03-28
Is Friends For Health In Haiti Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends For Health In Haiti Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends For Health In Haiti Inc
Friends For Health In Haiti Inc (EIN: 204832316) is a nonprofit organization based in Cedarburg, WI, classified under NTEE code Q33. The organization reported total revenue of $441K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends For Health In Haiti Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends For Health In Haiti Inc with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Friends For Health In Haiti Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
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 classified as officer compensation, which is highly favorable for donor confidence and resource allocation to programs.
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 Friends For Health In Haiti Inc's IRS 990 filings:
- None identified based on the provided financial data.
Strengths
The following positive indicators were identified for Friends For Health In Haiti Inc:
- Consistent asset growth, reaching $1,636,309 in 2023.
- Extremely low liabilities relative to assets ($2,775 in 2023).
- 0% reported officer compensation across all available filings, indicating high efficiency.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency.
- Positive net income in most years, contributing to financial stability.
Frequently Asked Questions about Friends For Health In Haiti Inc
Is Friends For Health In Haiti Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends For Health In Haiti Inc (EIN: 204832316) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Friends For Health In Haiti Inc spend its money?
Friends For Health In Haiti Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends For Health In Haiti Inc tax-deductible?
Friends For Health In Haiti Inc is registered as a tax-exempt nonprofit (EIN: 204832316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends For Health In Haiti Inc a good charity?
Based on the provided data, Friends For Health In Haiti Inc appears to be a very good charity. It demonstrates strong financial health with growing assets ($1,636,309 in 2023), very low liabilities ($2,775 in 2023), and a remarkable record of 0% officer compensation, suggesting high efficiency and dedication to its mission.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth. Assets have steadily increased from $571,117 in 2014 to $1,636,309 in 2023. Revenue has fluctuated but generally trended upwards, and liabilities have remained consistently low relative to assets, indicating robust financial management.
What is the trend in revenue and expenses?
Revenue has seen fluctuations but a general upward trend, from $245,676 in 2014 to $561,771 in 2023. Expenses have also increased over time, from $169,302 in 2014 to $463,152 in 2023, but the organization has consistently maintained a positive net income in most years, contributing to asset growth.
Filing History
IRS 990 filing history for Friends For Health In Haiti Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends For Health In Haiti Inc's revenue has grown by 91.7%, moving from $293K to $562K. Total assets increased by 333.6% over the same period, from $377K to $1.6M. Total functional expenses rose by 257.2%, from $130K to $463K. In its most recent filing year (2023), Friends For Health In Haiti Inc reported a surplus of $99K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.6M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $562K | $463K | $1.6M | $3K | — | — |
| 2022 | $441K | $329K | $1.5M | $2K | — | — |
| 2021 | $589K | $234K | $1.4M | $4K | — | View 990 |
| 2020 | $362K | $244K | $1.1M | $2K | — | View 990 |
| 2019 | $312K | $285K | $952K | $2K | — | View 990 |
| 2018 | $444K | $264K | $925K | $2K | — | View 990 |
| 2017 | $277K | $363K | $746K | $3K | — | View 990 |
| 2016 | $442K | $312K | $833K | $4K | — | View 990 |
| 2015 | $319K | $191K | $702K | $2K | — | View 990 |
| 2014 | $246K | $169K | $571K | $812 | — | View 990 |
| 2013 | $231K | $169K | $495K | $763 | — | View 990 |
| 2012 | $204K | $149K | $432K | $640 | — | View 990 |
| 2011 | $293K | $130K | $377K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $562K, expenses of $463K, and assets of $1.6M (revenue +27.5% year-over-year).
- 2022: Revenue of $441K, expenses of $329K, and assets of $1.5M (revenue -25.2% year-over-year).
- 2021: Revenue of $589K, expenses of $234K, and assets of $1.4M (revenue +62.8% year-over-year).
- 2020: Revenue of $362K, expenses of $244K, and assets of $1.1M (revenue +16.1% year-over-year).
- 2019: Revenue of $312K, expenses of $285K, and assets of $952K (revenue -29.9% year-over-year).
- 2018: Revenue of $444K, expenses of $264K, and assets of $925K (revenue +60.4% year-over-year).
- 2017: Revenue of $277K, expenses of $363K, and assets of $746K (revenue -37.4% year-over-year).
- 2016: Revenue of $442K, expenses of $312K, and assets of $833K (revenue +38.7% year-over-year).
- 2015: Revenue of $319K, expenses of $191K, and assets of $702K (revenue +29.8% year-over-year).
- 2014: Revenue of $246K, expenses of $169K, and assets of $571K (revenue +6.1% year-over-year).
- 2013: Revenue of $231K, expenses of $169K, and assets of $495K (revenue +13.7% year-over-year).
- 2012: Revenue of $204K, expenses of $149K, and assets of $432K (revenue -30.5% year-over-year).
- 2011: Revenue of $293K, expenses of $130K, and assets of $377K.
Data Sources and Methodology
This transparency report for Friends For Health In Haiti 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.