Health Care Private Equity Association
EIN: 271707117 · Chicago, IL · NTEE: E03
| Metric | Value |
|---|---|
| Total Revenue | $756K |
| Total Expenses | $618K |
| Net Assets | $868K |
Is Health Care Private Equity Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Health Care Private Equity Association
Health Care Private Equity Association (EIN: 271707117) is a nonprofit organization based in Chicago, IL, classified under NTEE code E03. The organization reported total revenue of $756K and total assets of $699K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Care Private Equity Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Care Private Equity Association is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $685K |
| Total Expenses | $618K |
| Surplus / Deficit | +$66K |
| Total Assets | $870K |
| Total Liabilities | $1K |
| Net Assets | $868K |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2023, Health Care Private Equity Association reported a surplus of $66K with revenue exceeding expenses, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Health Care Private Equity Association's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.3% | +22.2% | +8.4% |
| 2022 | +35.5% | +43.5% | +22.0% |
| 2021 | +12.3% | +3.9% | +24.0% |
| 2020 | +16.3% | +17.2% | +19.9% |
| 2019 | +7.3% | -35.4% | +21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Health Care Private Equity Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Health Care Private Equity Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Health Care Private Equity Association
Is Health Care Private Equity Association a legitimate charity?
Health Care Private Equity Association (EIN: 271707117) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $756K. No red flags identified. Financial health grade: A.
How does Health Care Private Equity Association spend its money?
Health Care Private Equity Association reported $756K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Health Care Private Equity Association tax-deductible?
Health Care Private Equity Association is registered as a tax-exempt nonprofit (EIN: 271707117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Health Care Private Equity Association located?
Health Care Private Equity Association is headquartered in Chicago, Illinois and files with the IRS under EIN 271707117. It is classified under NTEE code E03.
How many years of IRS 990 filings does Health Care Private Equity Association have?
Health Care Private Equity Association 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 $756K in total revenue.
Filing History
IRS 990 filing history for Health Care Private Equity Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Health Care Private Equity Association's revenue has grown by 179.5%, moving from $245K to $685K. Total assets increased by 288.4% over the same period, from $224K to $870K. Total functional expenses rose by 263.2%, from $170K to $618K. In its most recent filing year (2023), Health Care Private Equity Association reported a surplus of $66K, with revenue exceeding expenses. The organization holds $1K in liabilities against $870K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $868K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $685K | $618K | $870K | $1K | — | — |
| 2022 | $650K | $506K | $802K | $657 | — | View 990 |
| 2021 | $480K | $353K | $658K | $0 | — | View 990 |
| 2020 | $427K | $340K | $530K | $0 | — | — |
| 2019 | $367K | $290K | $442K | $0 | — | View 990 |
| 2018 | $343K | $449K | $365K | $0 | — | View 990 |
| 2017 | $306K | $243K | $476K | $5K | — | View 990 |
| 2016 | $278K | $236K | $413K | $5K | — | View 990 |
| 2015 | $253K | $177K | $381K | $15K | — | View 990 |
| 2014 | $240K | $264K | $315K | $25K | — | View 990 |
| 2013 | $216K | $169K | $319K | $5K | — | View 990 |
| 2012 | $230K | $164K | $267K | $0 | — | View 990 |
| 2011 | $245K | $170K | $224K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $685K, expenses of $618K, and assets of $870K (revenue +5.3% year-over-year).
- 2022: Revenue of $650K, expenses of $506K, and assets of $802K (revenue +35.5% year-over-year).
- 2021: Revenue of $480K, expenses of $353K, and assets of $658K (revenue +12.3% year-over-year).
- 2020: Revenue of $427K, expenses of $340K, and assets of $530K (revenue +16.3% year-over-year).
- 2019: Revenue of $367K, expenses of $290K, and assets of $442K (revenue +7.3% year-over-year).
- 2018: Revenue of $343K, expenses of $449K, and assets of $365K (revenue +11.8% year-over-year).
- 2017: Revenue of $306K, expenses of $243K, and assets of $476K (revenue +10.2% year-over-year).
- 2016: Revenue of $278K, expenses of $236K, and assets of $413K (revenue +9.7% year-over-year).
- 2015: Revenue of $253K, expenses of $177K, and assets of $381K (revenue +5.6% year-over-year).
- 2014: Revenue of $240K, expenses of $264K, and assets of $315K (revenue +11.0% year-over-year).
- 2013: Revenue of $216K, expenses of $169K, and assets of $319K (revenue -6.0% year-over-year).
- 2012: Revenue of $230K, expenses of $164K, and assets of $267K (revenue -6.1% year-over-year).
- 2011: Revenue of $245K, expenses of $170K, and assets of $224K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health Care Private Equity Association:
Data Sources and Methodology
This transparency report for Health Care Private Equity Association 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.