Healthcare Laundry Accreditation Council
Healthcare Laundry Accreditation Council maintains stable assets with fluctuating annual revenues and no reported officer compensation.
EIN: 203336791 · Rapid City, SD · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $411K |
| Total Expenses | $351K |
| Program Spending | 80% |
| Net Assets | $377K |
| Transparency Score | 85/100 |
Is Healthcare Laundry Accreditation Council Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Healthcare Laundry Accreditation Council directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Healthcare Laundry Accreditation Council
Healthcare Laundry Accreditation Council (EIN: 203336791) is a nonprofit organization based in Rapid City, SD, classified under NTEE code S41. The organization reported total revenue of $411K and total assets of $428K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healthcare Laundry Accreditation Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Healthcare Laundry Accreditation Council 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 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $324K |
| Total Expenses | $351K |
| Surplus / Deficit | $-27,361 |
| Total Assets | $527K |
| Total Liabilities | $149K |
| Net Assets | $377K |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 28.3% |
| Months of Reserves | 18.0 months |
Financial Health Grade: B
In 2023, Healthcare Laundry Accreditation Council reported a deficit of $27K with expenses exceeding revenue, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 28.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Healthcare Laundry Accreditation Council's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.2% | -21.4% | +1.8% |
| 2022 | +15.5% | +40.0% | -0.7% |
| 2021 | +161.3% | +40.8% | +34.2% |
| 2020 | -58.7% | -42.5% | +8.5% |
| 2019 | +12.1% | +19.0% | -7.0% |
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 Laundry Accreditation Council 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 Laundry Accreditation Council 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 $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation, which is a strong positive for financial transparency and resource allocation.
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 Laundry Accreditation Council's IRS 990 filings:
- Occasional deficit spending (e.g., 2023, 2020, 2019, 2017, 2016) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Healthcare Laundry Accreditation Council:
- Consistent 0% officer compensation reported across all filings, indicating high transparency and efficient use of funds.
- Steady growth in assets over the past decade, from $343,431 in 2014 to $526,823 in 2023, demonstrating financial stability.
- Relatively stable revenue streams, generally in the $300k-$400k range, supporting ongoing operations.
Frequently Asked Questions about Healthcare Laundry Accreditation Council
Is Healthcare Laundry Accreditation Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Healthcare Laundry Accreditation Council (EIN: 203336791) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Healthcare Laundry Accreditation Council spend its money?
Healthcare Laundry Accreditation Council directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Healthcare Laundry Accreditation Council tax-deductible?
Healthcare Laundry Accreditation Council is registered as a tax-exempt nonprofit (EIN: 203336791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Healthcare Laundry Accreditation Council's spending goes to programs?
Healthcare Laundry Accreditation Council directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Healthcare Laundry Accreditation Council compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Healthcare Laundry Accreditation Council is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Healthcare Laundry Accreditation Council located?
Healthcare Laundry Accreditation Council is headquartered in Rapid City, South Dakota and files with the IRS under EIN 203336791. It is classified under NTEE code S41.
How many years of IRS 990 filings does Healthcare Laundry Accreditation Council have?
Healthcare Laundry Accreditation Council 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 $411K in total revenue.
Is Healthcare Laundry Accreditation Council a good charity?
Based on the available data, HLAC appears to be a good charity. It demonstrates financial stability with growing assets, and notably, reports 0% officer compensation across all filings, indicating a strong commitment to its mission and transparency.
How does HLAC manage its finances given occasional deficits?
HLAC manages occasional deficits, such as in 2023 where expenses ($350,935) exceeded revenue ($323,574), by drawing from its accumulated assets. The overall growth in assets from $343,431 in 2014 to $526,823 in 2023 suggests a healthy reserve to cover these periods.
What is the trend in HLAC's revenue?
HLAC's revenue has fluctuated over the past decade, generally ranging between $300,000 and $400,000, with a peak of $484,735 in 2022 and a low of $160,588 in 2020. The latest reported revenue for 2023 was $323,574.
Filing History
IRS 990 filing history for Healthcare Laundry Accreditation Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Healthcare Laundry Accreditation Council's revenue has grown by 27.2%, moving from $254K to $324K. Total assets increased by 177% over the same period, from $190K to $527K. Total functional expenses rose by 57%, from $224K to $351K. In its most recent filing year (2023), Healthcare Laundry Accreditation Council reported a deficit of $27K, with expenses exceeding revenue. The organization holds $149K in liabilities against $527K in assets (debt-to-asset ratio: 28.3%), resulting in net assets of $377K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $324K | $351K | $527K | $149K | — | — |
| 2022 | $485K | $447K | $517K | $113K | — | View 990 |
| 2021 | $420K | $319K | $521K | $154K | — | View 990 |
| 2020 | $161K | $227K | $388K | $122K | — | View 990 |
| 2019 | $389K | $394K | $358K | $26K | — | View 990 |
| 2018 | $347K | $331K | $385K | $47K | — | View 990 |
| 2017 | $297K | $330K | $361K | $39K | — | View 990 |
| 2016 | $315K | $333K | $391K | $36K | — | View 990 |
| 2015 | $375K | $322K | $404K | $31K | — | View 990 |
| 2014 | $272K | $253K | $343K | $24K | — | View 990 |
| 2013 | $390K | $287K | $317K | $16K | — | View 990 |
| 2012 | $247K | $230K | $209K | $12K | — | View 990 |
| 2011 | $254K | $224K | $190K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $324K, expenses of $351K, and assets of $527K (revenue -33.2% year-over-year).
- 2022: Revenue of $485K, expenses of $447K, and assets of $517K (revenue +15.5% year-over-year).
- 2021: Revenue of $420K, expenses of $319K, and assets of $521K (revenue +161.3% year-over-year).
- 2020: Revenue of $161K, expenses of $227K, and assets of $388K (revenue -58.7% year-over-year).
- 2019: Revenue of $389K, expenses of $394K, and assets of $358K (revenue +12.1% year-over-year).
- 2018: Revenue of $347K, expenses of $331K, and assets of $385K (revenue +16.8% year-over-year).
- 2017: Revenue of $297K, expenses of $330K, and assets of $361K (revenue -5.5% year-over-year).
- 2016: Revenue of $315K, expenses of $333K, and assets of $391K (revenue -16.1% year-over-year).
- 2015: Revenue of $375K, expenses of $322K, and assets of $404K (revenue +37.7% year-over-year).
- 2014: Revenue of $272K, expenses of $253K, and assets of $343K (revenue -30.2% year-over-year).
- 2013: Revenue of $390K, expenses of $287K, and assets of $317K (revenue +58.0% year-over-year).
- 2012: Revenue of $247K, expenses of $230K, and assets of $209K (revenue -3.1% year-over-year).
- 2011: Revenue of $254K, expenses of $224K, and assets of $190K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Healthcare Laundry Accreditation Council:
Data Sources and Methodology
This transparency report for Healthcare Laundry Accreditation Council 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.