Healthcare Group Purchasing Industry Initiative
Healthcare Group Purchasing Industry Initiative maintains stable finances with no reported officer compensation.
EIN: 203934581 · Washington, DC · NTEE: S40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $374K |
| Total Expenses | $348K |
| Program Spending | 80% |
| Net Assets | $62K |
| Transparency Score | 85/100 |
Is Healthcare Group Purchasing Industry Initiative Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Healthcare Group Purchasing Industry Initiative directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Healthcare Group Purchasing Industry Initiative
Healthcare Group Purchasing Industry Initiative (EIN: 203934581) is a nonprofit organization based in Washington, DC, classified under NTEE code S40. The organization reported total revenue of $374K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healthcare Group Purchasing Industry Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Healthcare Group Purchasing Industry Initiative is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $340K |
| Total Expenses | $348K |
| Surplus / Deficit | $-8,299 |
| Total Assets | $106K |
| Total Liabilities | $44K |
| Net Assets | $62K |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 41.3% |
| Months of Reserves | 3.7 months |
Financial Health Grade: B
In 2023, Healthcare Group Purchasing Industry Initiative reported a deficit of $8K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 41.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Healthcare Group Purchasing Industry Initiative's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | +4.4% | -7.2% |
| 2022 | +2.2% | +2.7% | -4.3% |
| 2021 | -0.9% | +0.4% | +8.5% |
| 2020 | +7.1% | +6.4% | +5.3% |
| 2019 | -0.2% | +4.1% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Healthcare Group Purchasing Industry Initiative 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Healthcare Group Purchasing Industry Initiative allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of its size and suggests either pro-bono leadership or compensation is handled through a related entity.
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 Group Purchasing Industry Initiative's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data makes efficiency assessment difficult.
- Consistent 0% officer compensation is unusual and may indicate compensation is routed through other means or entities, warranting further inquiry into the operational structure.
Strengths
The following positive indicators were identified for Healthcare Group Purchasing Industry Initiative:
- Consistent financial stability with revenues generally covering expenses over a decade.
- High transparency regarding executive compensation, reporting 0% officer pay.
- Modest liabilities relative to assets, indicating sound financial management.
- Long operational history with 13 filings, suggesting established presence and reliability.
Frequently Asked Questions about Healthcare Group Purchasing Industry Initiative
Is Healthcare Group Purchasing Industry Initiative a legitimate charity?
Healthcare Group Purchasing Industry Initiative (EIN: 203934581) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $374K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Healthcare Group Purchasing Industry Initiative spend its money?
Healthcare Group Purchasing Industry Initiative directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Healthcare Group Purchasing Industry Initiative tax-deductible?
Healthcare Group Purchasing Industry Initiative is registered as a tax-exempt nonprofit (EIN: 203934581). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Healthcare Group Purchasing Industry Initiative's spending goes to programs?
Healthcare Group Purchasing Industry Initiative directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Healthcare Group Purchasing Industry Initiative compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Healthcare Group Purchasing Industry Initiative is above average for NTEE category S40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Healthcare Group Purchasing Industry Initiative located?
Healthcare Group Purchasing Industry Initiative is headquartered in Washington, Washington DC and files with the IRS under EIN 203934581. It is classified under NTEE code S40.
How many years of IRS 990 filings does Healthcare Group Purchasing Industry Initiative have?
Healthcare Group Purchasing Industry Initiative 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 $374K in total revenue.
How does HGPPII fund its operations if officer compensation is 0%?
The 0% officer compensation reported on the 990s suggests that either the leadership is entirely volunteer-based, or their compensation is paid by a related entity, or they are compensated in a way not classified as 'officer compensation' on the 990, such as through consulting fees to a separate firm. Further investigation into their operational model would be needed.
What are the specific programs or initiatives HGPPII undertakes?
The provided data does not detail specific programs. As an 'Industry Initiative' (NTEE S40), it likely focuses on advocacy, standards, or collaborative efforts within the healthcare group purchasing sector. A review of their website or public reports would be necessary to understand their specific activities.
Is HGPPII financially sustainable given its tight revenue-expense margins?
HGPPII has consistently operated with revenues closely matching expenses, sometimes with a slight deficit (e.g., 2023: $339,800 revenue vs. $348,099 expenses). While this indicates a lean operation, it also means there's little buffer for unexpected costs or significant expansion without increased revenue. Its long history of stable operations suggests it is sustainable within its current scope.
Filing History
IRS 990 filing history for Healthcare Group Purchasing Industry Initiative showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Healthcare Group Purchasing Industry Initiative's revenue has grown by 29.3%, moving from $263K to $340K. Total assets increased by 221.7% over the same period, from $33K to $106K. Total functional expenses rose by 28.5%, from $271K to $348K. In its most recent filing year (2023), Healthcare Group Purchasing Industry Initiative reported a deficit of $8K, with expenses exceeding revenue. The organization holds $44K in liabilities against $106K in assets (debt-to-asset ratio: 41.3%), resulting in net assets of $62K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $340K | $348K | $106K | $44K | — | — |
| 2022 | $335K | $333K | $115K | $44K | — | View 990 |
| 2021 | $328K | $325K | $120K | $51K | — | View 990 |
| 2020 | $331K | $323K | $110K | $44K | — | View 990 |
| 2019 | $309K | $304K | $105K | $46K | — | — |
| 2018 | $309K | $292K | $104K | $50K | — | View 990 |
| 2017 | $298K | $317K | $77K | $40K | — | — |
| 2016 | $316K | $320K | $96K | $40K | — | View 990 |
| 2015 | $291K | $285K | $80K | $20K | — | View 990 |
| 2014 | $275K | $261K | $74K | $20K | — | View 990 |
| 2013 | $272K | $257K | $58K | $18K | — | View 990 |
| 2012 | $285K | $275K | $61K | $36K | — | View 990 |
| 2011 | $263K | $271K | $33K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $340K, expenses of $348K, and assets of $106K (revenue +1.5% year-over-year).
- 2022: Revenue of $335K, expenses of $333K, and assets of $115K (revenue +2.2% year-over-year).
- 2021: Revenue of $328K, expenses of $325K, and assets of $120K (revenue -0.9% year-over-year).
- 2020: Revenue of $331K, expenses of $323K, and assets of $110K (revenue +7.1% year-over-year).
- 2019: Revenue of $309K, expenses of $304K, and assets of $105K (revenue -0.2% year-over-year).
- 2018: Revenue of $309K, expenses of $292K, and assets of $104K (revenue +3.8% year-over-year).
- 2017: Revenue of $298K, expenses of $317K, and assets of $77K (revenue -5.6% year-over-year).
- 2016: Revenue of $316K, expenses of $320K, and assets of $96K (revenue +8.6% year-over-year).
- 2015: Revenue of $291K, expenses of $285K, and assets of $80K (revenue +5.8% year-over-year).
- 2014: Revenue of $275K, expenses of $261K, and assets of $74K (revenue +0.9% year-over-year).
- 2013: Revenue of $272K, expenses of $257K, and assets of $58K (revenue -4.3% year-over-year).
- 2012: Revenue of $285K, expenses of $275K, and assets of $61K (revenue +8.3% year-over-year).
- 2011: Revenue of $263K, expenses of $271K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Healthcare Group Purchasing Industry Initiative:
Data Sources and Methodology
This transparency report for Healthcare Group Purchasing Industry Initiative 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.