Health Education Monetary Assistance Trust
EIN: 851665062 · Redmond, WA · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $254K |
| Total Expenses | $112K |
| Net Assets | $20K |
Is Health Education Monetary Assistance Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Health Education Monetary Assistance Trust
Health Education Monetary Assistance Trust (EIN: 851665062) is a nonprofit organization based in Redmond, WA, classified under NTEE code T12. The organization reported total revenue of $254K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Education Monetary Assistance Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Education Monetary Assistance Trust is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 165.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $125K |
| Total Expenses | $112K |
| Surplus / Deficit | +$13K |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | 10.4% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2023, Health Education Monetary Assistance Trust reported a surplus of $13K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), Health Education Monetary Assistance Trust's revenue has grown at a compound annual growth rate (CAGR) of 165.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +165.4% | +170.1% | +191.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Health Education Monetary Assistance Trust 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 Education Monetary Assistance Trust 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 $13K, with revenue exceeding expenses.
Frequently Asked Questions about Health Education Monetary Assistance Trust
Is Health Education Monetary Assistance Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Health Education Monetary Assistance Trust (EIN: 851665062) insufficient data. 0 red flags identified, 0 strengths noted.
How does Health Education Monetary Assistance Trust spend its money?
Detailed spending breakdown data is not yet available for Health Education Monetary Assistance Trust. Check back for updated IRS 990 analysis.
Are donations to Health Education Monetary Assistance Trust tax-deductible?
Health Education Monetary Assistance Trust is registered as a tax-exempt nonprofit (EIN: 851665062). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Health Education Monetary Assistance Trust located?
Health Education Monetary Assistance Trust is headquartered in Redmond, Washington and files with the IRS under EIN 851665062. It is classified under NTEE code T12.
How many years of IRS 990 filings does Health Education Monetary Assistance Trust have?
Health Education Monetary Assistance Trust has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $254K in total revenue.
Filing History
IRS 990 filing history for Health Education Monetary Assistance Trust showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Health Education Monetary Assistance Trust's revenue has grown by 165.4%, moving from $47K to $125K. Total assets increased by 191.9% over the same period, from $7K to $20K. Total functional expenses rose by 170.1%, from $42K to $112K. In its most recent filing year (2023), Health Education Monetary Assistance Trust reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $125K | $112K | $20K | $0 | — | — |
| 2022 | $47K | $42K | $7K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health Education Monetary Assistance Trust:
Data Sources and Methodology
This transparency report for Health Education Monetary Assistance Trust 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.