Healthcare Businesswomens Association Inc

Healthcare Businesswomens Association Inc maintains stable assets despite occasional operating deficits and reports no officer compensation.

EIN: 133579800 · Fairfield, NJ · NTEE: S41 · Updated: 2026-03-28

$8.8MRevenue

$5.9MAssets

90/100Mission Score (Excellent)

S41

About Healthcare Businesswomens Association Inc

Healthcare Businesswomens Association Inc (EIN: 133579800) is a nonprofit organization based in Fairfield, NJ, classified under NTEE code S41. The organization reported total revenue of $8.8M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healthcare Businesswomens Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Healthcare Businesswomens Association Inc (HBA) demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. In the latest period (202312), the organization reported assets of $6,033,688 against liabilities of $3,120,631, indicating a healthy financial cushion. Revenue has shown a positive trend, growing from $4,876,139 in 201512 to $7,948,862 in 202312, although the most recent period saw expenses ($8,348,997) slightly outpace revenue, resulting in a net deficit for the year. This is a slight concern, as the organization has experienced deficits in several past years (e.g., 201912, 201812, 201712, 201612, 201512). However, the overall asset growth suggests these deficits have not significantly eroded its long-term financial health. The consistent reporting of 0% officer compensation across all filings is a notable aspect of its transparency and spending efficiency, indicating that executive leadership is not drawing salaries from the organization, which is highly unusual for an organization of this size and revenue.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Healthcare Businesswomens Association Inc with a Mission Score of 90 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, Healthcare Businesswomens Association Inc 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual and suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not disclosed as officer compensation. For an organization with annual revenues approaching $8 million, this indicates exceptional spending efficiency in this area.

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 Healthcare Businesswomens Association Inc's IRS 990 filings:

Occasional operating deficits: In the latest period (202312), expenses ($8,348,997) exceeded revenue ($7,948,862), and similar deficits occurred in 201912, 201812, 201712, 201612, and 201512, which could be a concern if persistent without sufficient reserves.

Strengths

The following positive indicators were identified for Healthcare Businesswomens Association Inc:

Exceptional executive compensation efficiency: Consistently reports 0% officer compensation across all filings, indicating highly efficient use of funds in this area.
Strong asset base: Assets ($6,033,688 in 202312) consistently exceed liabilities ($3,120,631 in 202312), providing financial stability.
Positive revenue growth trend: Revenue has shown significant growth over the past decade, from $4,876,139 in 201512 to $7,948,862 in 202312.
Healthy asset-to-liability ratio: The organization maintains a strong ratio of assets to liabilities, indicating good financial health and ability to cover obligations.

Frequently Asked Questions about Healthcare Businesswomens Association Inc

Is Healthcare Businesswomens Association Inc a good charity?

Based on the available IRS 990 data, HBA appears to be a well-managed organization with strong financial health, evidenced by consistent asset growth and a healthy asset-to-liability ratio. The reported 0% officer compensation is a significant positive indicator of efficient resource allocation. While there have been periods of operating deficits, the overall financial trend and asset base suggest resilience. The NTEE code S41 (Business & Professional Associations) aligns with its name, indicating a clear program focus.

How has HBA's revenue trended over the past few years?

HBA's revenue has shown a strong upward trend, increasing from $4,876,139 in 201512 to $7,948,862 in 202312, with a notable jump from $5,813,959 in 202112 to $7,948,862 in 202312.

What is the organization's financial stability?

The organization demonstrates good financial stability. Its assets have consistently exceeded liabilities, with a healthy asset base of $6,033,688 against liabilities of $3,120,631 in the latest filing (202312). This provides a solid buffer against operational fluctuations.

Are there any concerns regarding executive compensation?

No, quite the opposite. The organization consistently reports 0% officer compensation across all 14 filings, which is an exceptional indicator of efficiency and dedication, suggesting that executive leadership is not drawing salaries from the organization's funds.

Filing History

IRS 990 filing history for Healthcare Businesswomens Association Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Healthcare Businesswomens Association Inc's revenue has grown by 60.2%, moving from $5.0M to $7.9M. Total assets increased by 54.5% over the same period, from $3.9M to $6.0M. Total functional expenses rose by 107%, from $4.0M to $8.3M. In its most recent filing year (2023), Healthcare Businesswomens Association Inc reported a deficit of $400K, with expenses exceeding revenue. The organization holds $3.1M in liabilities against $6.0M in assets (debt-to-asset ratio: 51.7%), resulting in net assets of $2.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$7.9M	$8.3M	$6.0M	$3.1M	—	—
2022	$6.9M	$6.5M	$6.9M	$3.7M	—	View 990
2021	$5.8M	$5.3M	$5.9M	$2.9M	—	View 990
2020	$5.2M	$4.3M	$5.2M	$2.7M	—	—
2019	$5.8M	$6.1M	$3.6M	$2.2M	—	View 990
2018	$5.8M	$6.2M	$3.1M	$1.6M	—	View 990
2017	$5.5M	$6.3M	$3.9M	$1.9M	—	View 990
2016	$5.0M	$5.6M	$4.1M	$1.4M	—	View 990
2015	$4.9M	$5.0M	$5.2M	$1.6M	—	View 990
2014	$5.1M	$4.8M	$5.5M	$1.3M	—	View 990
2013	$5.1M	$4.9M	$5.3M	$1.5M	—	View 990
2012	$4.8M	$4.8M	$5.0M	$1.3M	—	View 990
2011	$5.0M	$4.5M	$4.4M	$700K	—	View 990
2010	$5.0M	$4.0M	$3.9M	$705K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $7.9M, expenses of $8.3M, and assets of $6.0M (revenue +15.5% year-over-year).
2022: Revenue of $6.9M, expenses of $6.5M, and assets of $6.9M (revenue +18.4% year-over-year).
2021: Revenue of $5.8M, expenses of $5.3M, and assets of $5.9M (revenue +11.1% year-over-year).
2020: Revenue of $5.2M, expenses of $4.3M, and assets of $5.2M (revenue -9.8% year-over-year).
2019: Revenue of $5.8M, expenses of $6.1M, and assets of $3.6M (revenue -0.5% year-over-year).
2018: Revenue of $5.8M, expenses of $6.2M, and assets of $3.1M (revenue +5.9% year-over-year).
2017: Revenue of $5.5M, expenses of $6.3M, and assets of $3.9M (revenue +10.3% year-over-year).
2016: Revenue of $5.0M, expenses of $5.6M, and assets of $4.1M (revenue +2.5% year-over-year).
2015: Revenue of $4.9M, expenses of $5.0M, and assets of $5.2M (revenue -5.2% year-over-year).
2014: Revenue of $5.1M, expenses of $4.8M, and assets of $5.5M (revenue +1.2% year-over-year).
2013: Revenue of $5.1M, expenses of $4.9M, and assets of $5.3M (revenue +5.0% year-over-year).
2012: Revenue of $4.8M, expenses of $4.8M, and assets of $5.0M (revenue -4.1% year-over-year).
2011: Revenue of $5.0M, expenses of $4.5M, and assets of $4.4M (revenue +1.8% year-over-year).
2010: Revenue of $5.0M, expenses of $4.0M, and assets of $3.9M.

Data Sources and Methodology

This transparency report for Healthcare Businesswomens Association 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.