Haiti Empowered Inc
Haiti Empowered Inc shows strong asset growth and zero officer compensation, but experienced a deficit in 2022.
EIN: 202383319 · Westborough, MA · NTEE: L40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $2.6M |
| Transparency Score | 88/100 |
Is Haiti Empowered Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Haiti Empowered Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Haiti Empowered Inc
Haiti Empowered Inc (EIN: 202383319) is a nonprofit organization based in Westborough, MA, classified under NTEE code L40. The organization reported total revenue of $1.2M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Haiti Empowered Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Haiti Empowered Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-317,561 |
| Total Assets | $3.8M |
| Total Liabilities | $1.1M |
| Net Assets | $2.6M |
| Operating Margin | -18.0% |
| Debt-to-Asset Ratio | 29.8% |
| Months of Reserves | 21.6 months |
Financial Health Grade: B
In 2022, Haiti Empowered Inc reported a deficit of $318K with expenses exceeding revenue, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 29.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2010–2022), Haiti Empowered Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -57.6% | -39.8% | -11.7% |
| 2021 | +88.6% | +92.1% | +4.1% |
| 2020 | +25.8% | +17.6% | +14.7% |
| 2019 | +17.8% | +18.5% | +14.8% |
| 2018 | +8.1% | -2.4% | +24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Haiti Empowered Inc with a Mission Score of 88 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, Haiti Empowered 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.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $318K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.8%.
Executive Compensation Analysis
Haiti Empowered Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size with revenues often 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 Haiti Empowered Inc's IRS 990 filings:
- Significant revenue decrease from $4.16M in 2021 to $1.76M in 2022 without clear explanation.
- Expenses ($2,081,527) exceeded revenue ($1,763,966) in 2022, resulting in a deficit for that year.
Strengths
The following positive indicators were identified for Haiti Empowered Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong commitment to mission.
- Significant growth in assets from $2.05M in 2013 to $3.75M in 2022, demonstrating financial stability and accumulation of resources.
- Long history of IRS 990 filings (13 filings), suggesting transparency and consistent operation.
- Generally strong revenue generation over the past decade, often exceeding $1 million annually.
Frequently Asked Questions about Haiti Empowered Inc
Is Haiti Empowered Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Haiti Empowered Inc (EIN: 202383319) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Haiti Empowered Inc spend its money?
Haiti Empowered Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Haiti Empowered Inc tax-deductible?
Haiti Empowered Inc is registered as a tax-exempt nonprofit (EIN: 202383319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Haiti Empowered Inc CEO make?
Haiti Empowered Inc's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Haiti Empowered Inc's spending goes to programs?
Haiti Empowered Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Haiti Empowered Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Haiti Empowered Inc is above average for NTEE category L40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Haiti Empowered Inc located?
Haiti Empowered Inc is headquartered in Westborough, Massachusetts and files with the IRS under EIN 202383319. It is classified under NTEE code L40.
How many years of IRS 990 filings does Haiti Empowered Inc have?
Haiti Empowered 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 $1.2M in total revenue.
Is Haiti Empowered Inc a good charity?
Based on the available data, Haiti Empowered Inc appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation and significant asset growth over the past decade. While there was a deficit in 2022, the overall financial trend and commitment to mission-focused spending are positive indicators.
What caused the significant revenue fluctuation between 2021 ($4.16M) and 2022 ($1.76M)?
The provided data does not specify the exact reasons for the substantial drop in revenue from $4,162,728 in 2021 to $1,763,966 in 2022. This could be due to a large one-time grant in 2021, a change in funding cycles, or other external factors affecting donations. Further investigation into their financial statements would be needed to understand this fluctuation.
How does Haiti Empowered Inc manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key roles is categorized differently within their expenses, or covered by other means not reflected in the 'Officer Comp' line item on the 990. This is a strong indicator of dedication to their mission.
Filing History
IRS 990 filing history for Haiti Empowered Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Haiti Empowered Inc's revenue has grown by 44.4%, moving from $1.2M to $1.8M. Total assets increased by 124.5% over the same period, from $1.7M to $3.8M. Total functional expenses rose by 169.9%, from $771K to $2.1M. In its most recent filing year (2022), Haiti Empowered Inc reported a deficit of $318K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $3.8M in assets (debt-to-asset ratio: 29.8%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.8M | $2.1M | $3.8M | $1.1M | — | View 990 |
| 2021 | $4.2M | $3.5M | $4.3M | $1.3M | — | View 990 |
| 2020 | $2.2M | $1.8M | $4.1M | $1.8M | — | View 990 |
| 2019 | $1.8M | $1.5M | $3.6M | $1.8M | — | View 990 |
| 2018 | $1.5M | $1.3M | $3.1M | $1.6M | — | View 990 |
| 2017 | $1.4M | $1.3M | $2.5M | $1.2M | — | — |
| 2016 | $1.5M | $1.2M | $2.5M | $1.3M | — | View 990 |
| 2015 | $1.1M | $1.1M | $2.3M | $1.4M | — | View 990 |
| 2014 | $1.7M | $1.7M | $2.1M | $1.1M | — | View 990 |
| 2013 | $1.0M | $929K | $2.1M | $1.1M | — | View 990 |
| 2012 | $1.0M | $818K | $2.0M | $1.1M | — | View 990 |
| 2011 | $804K | $706K | $1.8M | $1.1M | — | View 990 |
| 2010 | $1.2M | $771K | $1.7M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.8M, expenses of $2.1M, and assets of $3.8M (revenue -57.6% year-over-year).
- 2021: Revenue of $4.2M, expenses of $3.5M, and assets of $4.3M (revenue +88.6% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.8M, and assets of $4.1M (revenue +25.8% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.5M, and assets of $3.6M (revenue +17.8% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.3M, and assets of $3.1M (revenue +8.1% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.3M, and assets of $2.5M (revenue -7.3% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.2M, and assets of $2.5M (revenue +31.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $2.3M (revenue -34.2% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $2.1M (revenue +70.2% year-over-year).
- 2013: Revenue of $1.0M, expenses of $929K, and assets of $2.1M (revenue -2.3% year-over-year).
- 2012: Revenue of $1.0M, expenses of $818K, and assets of $2.0M (revenue +28.9% year-over-year).
- 2011: Revenue of $804K, expenses of $706K, and assets of $1.8M (revenue -34.2% year-over-year).
- 2010: Revenue of $1.2M, expenses of $771K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Haiti Empowered Inc:
Data Sources and Methodology
This transparency report for Haiti Empowered 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.