Health Fund 917
Health Fund 917 consistently maintains financial surpluses and reports no officer compensation.
EIN: 136129427 · Floral Park, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.5M |
| Total Expenses | $16.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $17 |
| Net Assets | $40.8M |
| Transparency Score | 92/100 |
Is Health Fund 917 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Health Fund 917 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Health Fund 917
Health Fund 917 (EIN: 136129427) is a nonprofit organization based in Floral Park, NY. The organization reported total revenue of $25.5M and total assets of $41.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Fund 917's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Fund 917 is a large nonprofit that has been operating for 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.0M |
| Total Expenses | $16.5M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $44.1M |
| Total Liabilities | $3.3M |
| Net Assets | $40.8M |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 32.1 months |
Financial Health Grade: A
In 2023, Health Fund 917 reported a surplus of $1.5M with revenue exceeding expenses, holds 32.1 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Health Fund 917's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | -9.9% | +2.5% |
| 2022 | +2.2% | +1.3% | -7.9% |
| 2021 | -14.3% | -2.5% | +4.0% |
| 2020 | +12.3% | +0.6% | +5.5% |
| 2019 | +2.9% | +20.0% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1954 |
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 Health Fund 917 with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Health Fund 917 allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.5%.
Executive Compensation Analysis
Health Fund 917 consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives. This is highly unusual for an organization with annual revenues exceeding $17 million and suggests a volunteer-led executive structure or that compensation is covered by an affiliated entity, which would require further investigation for full transparency.
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 Health Fund 917's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data
- Unusual 0% officer compensation for an organization of this size, warranting further investigation into executive support structure
Strengths
The following positive indicators were identified for Health Fund 917:
- Consistent financial surpluses, indicating sound financial management (e.g., $1.46M surplus in 2023)
- Significant asset growth over the past decade (from $30.7M in 2014 to $44M in 2023)
- Zero reported officer compensation across all filings, suggesting high dedication to mission
- Stable revenue streams, consistently above $15 million annually
Frequently Asked Questions about Health Fund 917
Is Health Fund 917 a legitimate charity?
Based on AI analysis of IRS 990 filings, Health Fund 917 (EIN: 136129427) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Health Fund 917 spend its money?
Health Fund 917 directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Health Fund 917 tax-deductible?
Health Fund 917 is registered as a tax-exempt nonprofit (EIN: 136129427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Health Fund 917 CEO make?
Health Fund 917's highest-compensated officer earns $17 annually. The organization reported $25.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Health Fund 917's spending goes to programs?
Health Fund 917 directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Health Fund 917 located?
Health Fund 917 is headquartered in Floral Park, New York and files with the IRS under EIN 136129427.
How many years of IRS 990 filings does Health Fund 917 have?
Health Fund 917 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 $25.5M in total revenue.
Is Health Fund 917 a good charity?
Based on the provided financial data, Health Fund 917 appears to be a very good charity. It consistently operates with a surplus, has growing assets, and most notably, reports 0% officer compensation across all filings, suggesting a strong commitment to its mission over executive salaries.
How has Health Fund 917's financial health changed over time?
Health Fund 917 has demonstrated consistent financial health and growth. Its assets have increased from $30,754,017 in 2014 to $44,050,348 in 2023, and it has consistently maintained a positive net income (revenue exceeding expenses) in most years, indicating stable and growing financial capacity.
What is the significance of 0% officer compensation?
The 0% officer compensation is highly significant as it suggests that the organization's leadership is either entirely volunteer-based or compensated through an external entity. This practice, if truly volunteer-driven, means more funds are available for programs, enhancing efficiency and public trust. However, it also warrants further inquiry to understand the full compensation structure if executives are indeed performing duties without direct compensation from the organization.
Filing History
IRS 990 filing history for Health Fund 917 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Health Fund 917's revenue has grown by 98.3%, moving from $9.1M to $18.0M. Total assets increased by 150.2% over the same period, from $17.6M to $44.1M. Total functional expenses rose by 91.6%, from $8.6M to $16.5M. In its most recent filing year (2023), Health Fund 917 reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $44.1M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $40.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.0M | $16.5M | $44.1M | $3.3M | — | View 990 |
| 2022 | $18.5M | $18.3M | $43.0M | $2.9M | — | View 990 |
| 2021 | $18.0M | $18.0M | $46.7M | $3.3M | — | View 990 |
| 2020 | $21.1M | $18.5M | $44.9M | $3.1M | — | — |
| 2019 | $18.8M | $18.4M | $42.6M | $3.0M | — | View 990 |
| 2018 | $18.2M | $15.3M | $41.3M | $3.0M | — | View 990 |
| 2017 | $16.0M | $12.8M | $37.9M | $2.4M | — | View 990 |
| 2016 | $15.5M | $14.7M | $35.6M | $3.6M | — | View 990 |
| 2015 | $16.5M | $14.6M | $34.1M | $3.5M | — | View 990 |
| 2014 | $17.1M | $12.9M | $30.8M | $2.9M | — | View 990 |
| 2013 | $15.4M | $12.7M | $27.4M | $3.7M | — | View 990 |
| 2012 | $17.8M | $13.7M | $24.0M | $3.8M | — | View 990 |
| 2011 | $9.1M | $8.6M | $17.6M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.0M, expenses of $16.5M, and assets of $44.1M (revenue -2.7% year-over-year).
- 2022: Revenue of $18.5M, expenses of $18.3M, and assets of $43.0M (revenue +2.2% year-over-year).
- 2021: Revenue of $18.0M, expenses of $18.0M, and assets of $46.7M (revenue -14.3% year-over-year).
- 2020: Revenue of $21.1M, expenses of $18.5M, and assets of $44.9M (revenue +12.3% year-over-year).
- 2019: Revenue of $18.8M, expenses of $18.4M, and assets of $42.6M (revenue +2.9% year-over-year).
- 2018: Revenue of $18.2M, expenses of $15.3M, and assets of $41.3M (revenue +14.1% year-over-year).
- 2017: Revenue of $16.0M, expenses of $12.8M, and assets of $37.9M (revenue +3.0% year-over-year).
- 2016: Revenue of $15.5M, expenses of $14.7M, and assets of $35.6M (revenue -5.9% year-over-year).
- 2015: Revenue of $16.5M, expenses of $14.6M, and assets of $34.1M (revenue -3.5% year-over-year).
- 2014: Revenue of $17.1M, expenses of $12.9M, and assets of $30.8M (revenue +11.3% year-over-year).
- 2013: Revenue of $15.4M, expenses of $12.7M, and assets of $27.4M (revenue -13.7% year-over-year).
- 2012: Revenue of $17.8M, expenses of $13.7M, and assets of $24.0M (revenue +96.6% year-over-year).
- 2011: Revenue of $9.1M, expenses of $8.6M, and assets of $17.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health Fund 917:
Data Sources and Methodology
This transparency report for Health Fund 917 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.