Gi Health Foundation Inc
Gi Health Foundation Inc shows balanced recent finances with no reported officer compensation, but asset levels have fluctuated.
EIN: 208673499 · Holmdel, NJ · NTEE: H70 · Updated: 2026-03-28
Is Gi Health Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gi Health Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gi Health Foundation Inc
Gi Health Foundation Inc (EIN: 208673499) is a nonprofit organization based in Holmdel, NJ, classified under NTEE code H70. The organization reported total revenue of $5.1M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gi Health Foundation 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 Gi Health Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Gi Health Foundation Inc 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a strong positive for resource allocation and transparency, especially for an organization with revenues often exceeding $2 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 Gi Health Foundation Inc's IRS 990 filings:
- Significant asset volatility between 2021 and 2023
- High liabilities relative to assets in some periods (e.g., 2023 liabilities of $1,434,338 vs. assets of $1,495,695)
Strengths
The following positive indicators were identified for Gi Health Foundation Inc:
- Consistent 0% officer compensation reported across all filings, indicating high transparency and direct resource allocation.
- Generally strong program spending focus (estimated 85%).
- Positive net income in the latest filing (2023: Revenue $3,024,939 vs. Expenses $2,985,922).
Frequently Asked Questions about Gi Health Foundation Inc
Is Gi Health Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gi Health Foundation Inc (EIN: 208673499) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Gi Health Foundation Inc spend its money?
Gi Health Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gi Health Foundation Inc tax-deductible?
Gi Health Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208673499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Gi Health Foundation Inc a good charity?
Based on the available data, Gi Health Foundation Inc appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation and generally strong program spending. However, a deeper dive into specific program outcomes would provide a more complete assessment.
What caused the significant asset fluctuation in 2022-2023?
The assets dropped significantly from $1,737,185 in 2021 to $495,175 in 2022, then rebounded to $1,495,695 in 2023. This volatility warrants further investigation into the underlying financial activities or investments during those periods.
How does Gi Health Foundation Inc manage its liabilities?
Liabilities have varied, reaching a high of $1,434,338 in 2023, which is close to its assets of $1,495,695 for the same period. While not necessarily a red flag, a high liability-to-asset ratio can indicate financial strain or reliance on short-term funding.
What is the specific breakdown of program activities?
While the NTEE code H70 indicates a focus on digestive diseases, the filings do not provide a detailed breakdown of the specific programs or initiatives funded. This information would be valuable for understanding the impact of their spending.
Filing History
IRS 990 filing history for Gi Health Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gi Health Foundation Inc's revenue has declined by 25.3%, moving from $4.0M to $3.0M. Total assets decreased by 19.8% over the same period, from $1.9M to $1.5M. Total functional expenses fell by 28.6%, from $4.2M to $3.0M. In its most recent filing year (2023), Gi Health Foundation Inc reported a surplus of $39K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $1.5M in assets (debt-to-asset ratio: 95.9%), resulting in net assets of $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.0M | $1.5M | $1.4M | — | — |
| 2022 | $2.5M | $3.6M | $495K | $473K | — | View 990 |
| 2021 | $2.3M | $1.6M | $1.7M | $698K | — | View 990 |
| 2020 | $2.6M | $2.5M | $1.8M | $1.4M | — | View 990 |
| 2019 | $2.9M | $2.7M | $1.3M | $1.1M | — | View 990 |
| 2018 | $2.9M | $4.6M | $868K | $606K | — | View 990 |
| 2017 | $4.5M | $3.4M | $2.8M | $902K | — | View 990 |
| 2016 | $4.7M | $4.9M | $2.5M | $208K | — | View 990 |
| 2015 | $5.1M | $3.1M | $2.9M | $411K | — | View 990 |
| 2014 | $5.2M | $4.9M | $1.0M | $552K | — | View 990 |
| 2013 | $1.9M | $2.4M | $678K | $500K | — | View 990 |
| 2012 | $2.7M | $3.3M | $712K | $0 | — | View 990 |
| 2011 | $4.0M | $4.2M | $1.9M | $577K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.0M, and assets of $1.5M (revenue +18.9% year-over-year).
- 2022: Revenue of $2.5M, expenses of $3.6M, and assets of $495K (revenue +11.0% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.6M, and assets of $1.7M (revenue -11.5% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.5M, and assets of $1.8M (revenue -10.0% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.7M, and assets of $1.3M (revenue -0.7% year-over-year).
- 2018: Revenue of $2.9M, expenses of $4.6M, and assets of $868K (revenue -35.4% year-over-year).
- 2017: Revenue of $4.5M, expenses of $3.4M, and assets of $2.8M (revenue -5.2% year-over-year).
- 2016: Revenue of $4.7M, expenses of $4.9M, and assets of $2.5M (revenue -7.8% year-over-year).
- 2015: Revenue of $5.1M, expenses of $3.1M, and assets of $2.9M (revenue -2.0% year-over-year).
- 2014: Revenue of $5.2M, expenses of $4.9M, and assets of $1.0M (revenue +176.8% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.4M, and assets of $678K (revenue -30.5% year-over-year).
- 2012: Revenue of $2.7M, expenses of $3.3M, and assets of $712K (revenue -32.8% year-over-year).
- 2011: Revenue of $4.0M, expenses of $4.2M, and assets of $1.9M.
Data Sources and Methodology
This transparency report for Gi Health Foundation 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.