Healey Family Foundation
Healey Family Foundation shows variable annual financial performance with no officer compensation.
EIN: 133531967 · Madison, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $7.3M |
| Program Spending | 90% |
| Net Assets | $16.2M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Healey Family Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Healey Family Foundation 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 Healey Family Foundation in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $1.3M and expenses of $7.3M.
Revenue and Expenses
Healey Family Foundation reported $1.3M in revenue and $7.3M in expenses, a deficit of $5.9M.
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 3 strengths are shown from structured and AI review.
Is Healey Family Foundation 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 | $6.5M (90%) |
Across stored filings, Healey Family Foundation 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 | 90% to programs | Excellent |
| Financial durability | Grade B | 11 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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Madison, NJ nonprofitsFollow the Money
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Keep the Investigation Moving
Healey Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Healey Family Foundation
Healey Family Foundation (EIN: 133531967) is a nonprofit organization based in Madison, NJ. The organization reported total revenue of $5.4M and total assets of $15.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healey Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Healey Family Foundation is a mid-size nonprofit that has been operating for 36 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $7.3M |
| Surplus / Deficit | $-5,910,206 |
| Total Assets | $16.2M |
| Total Liabilities | $350 |
| Net Assets | $16.2M |
| Operating Margin | -440.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 26.8 months |
Financial Health Grade: B
In 2023, Healey Family Foundation reported a deficit of $5.9M with expenses exceeding revenue, holds 26.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Healey Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.2% | +185.4% | -26.7% |
| 2022 | -5.6% | +5.6% | -0.5% |
| 2021 | -75.1% | +4.6% | +0.5% |
| 2020 | +192.5% | -8.7% | +56.0% |
| 2019 | +334.8% | +66.3% | -9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Healey Family Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Healey Family Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Healey Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This suggests a strong commitment to directing resources towards the foundation's mission.
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 Healey Family Foundation's IRS 990 filings:
- Significant operational deficit in 2023 ($1,343,123 revenue vs. $7,253,329 expenses)
- Lack of detailed spending breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Healey Family Foundation:
- Consistent 0% officer compensation, indicating strong resource allocation to mission
- Generally stable asset base despite revenue fluctuations
- Minimal to zero liabilities reported across most filing periods
Frequently Asked Questions about Healey Family Foundation
Is Healey Family Foundation a legitimate charity?
Healey Family Foundation (EIN: 133531967) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $5.4M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Healey Family Foundation spend its money?
Healey Family Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Healey Family Foundation tax-deductible?
Healey Family Foundation is registered as a tax-exempt nonprofit (EIN: 133531967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Healey Family Foundation's spending goes to programs?
Healey Family Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Healey Family Foundation located?
Healey Family Foundation is headquartered in Madison, New Jersey and files with the IRS under EIN 133531967.
How many years of IRS 990 filings does Healey Family Foundation have?
Healey Family Foundation has 11 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 $5.4M in total revenue.
Why did expenses significantly exceed revenue in 2023?
In 2023, the foundation's expenses were $7,253,329, while revenue was only $1,343,123, resulting in a substantial operational deficit. This could be due to a large grant payout, a significant investment in a new program, or a temporary dip in fundraising.
How does the foundation manage its assets given the revenue fluctuations?
Despite significant year-to-year revenue fluctuations, the foundation's assets have remained relatively stable, ranging from $11,026,715 in 2014 to $22,241,210 in 2021. This suggests effective asset management and potentially reliance on endowment income or prior year surpluses to cover operational costs during leaner revenue years.
What is the nature of the foundation's programs, given the NTEE code is unknown?
Without an NTEE code, the specific programmatic focus of the Healey Family Foundation is unclear. Further investigation into their public statements or detailed 990 schedules would be needed to understand their mission and activities.
Filing History
IRS 990 filing history for Healey Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Healey Family Foundation's revenue has grown by 229.4%, moving from $408K to $1.3M. Total assets increased by 48.8% over the same period, from $10.9M to $16.2M. Total functional expenses rose by 738.2%, from $865K to $7.3M. In its most recent filing year (2023), Healey Family Foundation reported a deficit of $5.9M, with expenses exceeding revenue. The organization holds $350 in liabilities against $16.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $7.3M | $16.2M | $350 | — | View 990 |
| 2022 | $2.4M | $2.5M | $22.1M | $22K | — | View 990 |
| 2021 | $2.5M | $2.4M | $22.2M | $1 | — | View 990 |
| 2020 | $10.2M | $2.3M | $22.1M | $1 | — | View 990 |
| 2019 | $3.5M | $2.5M | $14.2M | $1 | — | — |
| 2015 | $806K | $1.5M | $15.7M | $0 | — | View 990 |
| 2015 | $9.5M | $4.1M | $16.4M | $0 | — | View 990 |
| 2014 | $163K | $2.7M | $11.0M | $0 | — | View 990 |
| 2013 | $-245,455 | $955K | $13.5M | $0 | — | View 990 |
| 2012 | $5.1M | $1.3M | $14.7M | $0 | — | View 990 |
| 2011 | $408K | $865K | $10.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $7.3M, and assets of $16.2M (revenue -44.2% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.5M, and assets of $22.1M (revenue -5.6% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.4M, and assets of $22.2M (revenue -75.1% year-over-year).
- 2020: Revenue of $10.2M, expenses of $2.3M, and assets of $22.1M (revenue +192.5% year-over-year).
- 2019: Revenue of $3.5M, expenses of $2.5M, and assets of $14.2M (revenue +334.8% year-over-year).
- 2015: Revenue of $806K, expenses of $1.5M, and assets of $15.7M (revenue -91.5% year-over-year).
- 2015: Revenue of $9.5M, expenses of $4.1M, and assets of $16.4M (revenue +5725.1% year-over-year).
- 2014: Revenue of $163K, expenses of $2.7M, and assets of $11.0M.
- 2013: Revenue of $-245,455, expenses of $955K, and assets of $13.5M (revenue -104.8% year-over-year).
- 2012: Revenue of $5.1M, expenses of $1.3M, and assets of $14.7M (revenue +1150.0% year-over-year).
- 2011: Revenue of $408K, expenses of $865K, and assets of $10.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Healey Family Foundation:
Data Sources and Methodology
This transparency report for Healey Family Foundation 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.