Heal Foundation Inc
Heal Foundation Inc. shows consistent financial stability with no officer compensation, but experienced a deficit in 2023.
EIN: 201944817 · Ponte Vedra, FL · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $575K |
| Total Expenses | $280K |
| Program Spending | 85% |
| Net Assets | $552K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Heal Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Heal Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Heal Foundation Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $235K and expenses of $280K.
Revenue and Expenses
Heal Foundation Inc reported $235K in revenue and $280K in expenses, a deficit of $45K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Heal Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $238K (85%) |
Across stored filings, Heal Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Cornelia Warren Community Assn Inc | Florida and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Keep the Investigation Moving
Heal Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heal Foundation Inc
Heal Foundation Inc (EIN: 201944817) is a nonprofit organization based in Ponte Vedra, FL, classified under NTEE code T30. The organization reported total revenue of $575K and total assets of $708K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heal Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heal Foundation Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $235K |
| Total Expenses | $280K |
| Surplus / Deficit | $-44,864 |
| Total Assets | $563K |
| Total Liabilities | $11K |
| Net Assets | $552K |
| Operating Margin | -19.1% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 24.1 months |
Financial Health Grade: B
In 2023, Heal Foundation Inc reported a deficit of $45K with expenses exceeding revenue, holds 24.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heal Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.3% | -18.2% | -14.8% |
| 2022 | +54.6% | +35.5% | +20.0% |
| 2021 | -41.1% | -36.7% | +8.0% |
| 2020 | +22.4% | +34.8% | +31.3% |
| 2019 | -0.5% | -29.2% | +33.1% |
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 Heal 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, Heal 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Heal Foundation Inc. reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
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 Heal Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing period (202306), with $279,733 in expenses against $234,869 in revenue, indicating an operating deficit.
- Significant year-over-year revenue decrease from $453,904 in 2022 to $234,869 in 2023.
Strengths
The following positive indicators were identified for Heal Foundation Inc:
- Consistent 0% officer compensation across all reported periods, indicating efficient use of funds.
- Assets consistently exceed liabilities, demonstrating strong financial solvency (e.g., $562,951 assets vs. $11,130 liabilities in 2023).
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
- Overall growth in assets from $251,057 in 2015 to $562,951 in 2023, despite fluctuations in revenue.
Frequently Asked Questions about Heal Foundation Inc
Is Heal Foundation Inc a legitimate charity?
Heal Foundation Inc (EIN: 201944817) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $575K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Heal Foundation Inc spend its money?
Heal Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Heal Foundation Inc tax-deductible?
Heal Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201944817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Heal Foundation Inc's spending goes to programs?
Heal Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heal Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Heal Foundation Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heal Foundation Inc located?
Heal Foundation Inc is headquartered in Ponte Vedra, Florida and files with the IRS under EIN 201944817. It is classified under NTEE code T30.
How many years of IRS 990 filings does Heal Foundation Inc have?
Heal Foundation 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 $575K in total revenue.
Is Heal Foundation Inc. a good charity?
Based on the available IRS 990 data, Heal Foundation Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. While it experienced a deficit in 2023, its overall financial history shows stability and growth in assets.
How has Heal Foundation Inc.'s revenue trended over time?
Heal Foundation Inc.'s revenue has fluctuated over the years. It saw a peak of $533,379 in 2017, a dip to $234,869 in 2023, and a high of $498,879 in 2020. The latest reported revenue of $234,869 in 2023 represents a significant decrease from the previous year's $453,904.
What is the organization's financial health?
The organization's financial health is generally stable, with assets consistently exceeding liabilities. For example, in 2023, assets were $562,951 against liabilities of $11,130. However, the 2023 period showed expenses ($279,733) exceeding revenue ($234,869), indicating an operating deficit for that year, which is a point to monitor.
Filing History
IRS 990 filing history for Heal Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heal Foundation Inc's revenue has grown by 14%, moving from $206K to $235K. Total assets increased by 89.6% over the same period, from $297K to $563K. Total functional expenses fell by 6.7%, from $300K to $280K. In its most recent filing year (2023), Heal Foundation Inc reported a deficit of $45K, with expenses exceeding revenue. The organization holds $11K in liabilities against $563K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $552K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $235K | $280K | $563K | $11K | — | View 990 |
| 2022 | $454K | $342K | $661K | $2K | — | View 990 |
| 2021 | $294K | $252K | $550K | $22K | — | — |
| 2020 | $499K | $399K | $510K | $22K | — | View 990 |
| 2019 | $408K | $296K | $388K | $1K | — | View 990 |
| 2018 | $410K | $418K | $292K | $17K | — | View 990 |
| 2017 | $533K | $507K | $310K | $2K | — | View 990 |
| 2016 | $505K | $474K | $310K | $28K | — | View 990 |
| 2015 | $262K | $351K | $251K | $-182 | — | View 990 |
| 2014 | $359K | $361K | $342K | $1K | — | View 990 |
| 2013 | $396K | $244K | $344K | $358 | — | View 990 |
| 2012 | $215K | $320K | $199K | $7K | — | View 990 |
| 2011 | $206K | $300K | $297K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $235K, expenses of $280K, and assets of $563K (revenue -48.3% year-over-year).
- 2022: Revenue of $454K, expenses of $342K, and assets of $661K (revenue +54.6% year-over-year).
- 2021: Revenue of $294K, expenses of $252K, and assets of $550K (revenue -41.1% year-over-year).
- 2020: Revenue of $499K, expenses of $399K, and assets of $510K (revenue +22.4% year-over-year).
- 2019: Revenue of $408K, expenses of $296K, and assets of $388K (revenue -0.5% year-over-year).
- 2018: Revenue of $410K, expenses of $418K, and assets of $292K (revenue -23.2% year-over-year).
- 2017: Revenue of $533K, expenses of $507K, and assets of $310K (revenue +5.7% year-over-year).
- 2016: Revenue of $505K, expenses of $474K, and assets of $310K (revenue +92.6% year-over-year).
- 2015: Revenue of $262K, expenses of $351K, and assets of $251K (revenue -27.0% year-over-year).
- 2014: Revenue of $359K, expenses of $361K, and assets of $342K (revenue -9.4% year-over-year).
- 2013: Revenue of $396K, expenses of $244K, and assets of $344K (revenue +83.7% year-over-year).
- 2012: Revenue of $215K, expenses of $320K, and assets of $199K (revenue +4.6% year-over-year).
- 2011: Revenue of $206K, expenses of $300K, and assets of $297K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heal Foundation Inc:
Data Sources and Methodology
This transparency report for Heal 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.