Healthcare Sharing Standards Board Inc
EIN: 850706349 · Indianapolis, IN · NTEE: E80
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $116K |
| Net Assets | $35K |
Is Healthcare Sharing Standards Board Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Healthcare Sharing Standards Board Inc
Healthcare Sharing Standards Board Inc (EIN: 850706349) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code E80. The organization reported total revenue of $180K and total assets of $33K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healthcare Sharing Standards Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Healthcare Sharing Standards Board Inc 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 -45.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $116K |
| Surplus / Deficit | $-5,784 |
| Total Assets | $35K |
| Net Assets | $35K |
| Operating Margin | -5.3% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Healthcare Sharing Standards Board Inc reported a deficit of $6K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2022–2023), Healthcare Sharing Standards Board Inc's revenue has declined at a compound annual growth rate (CAGR) of -45.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.0% | -26.9% | -17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Healthcare Sharing Standards Board Inc 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 Healthcare Sharing Standards Board Inc 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 deficit of $6K, with expenses exceeding revenue.
Frequently Asked Questions about Healthcare Sharing Standards Board Inc
Is Healthcare Sharing Standards Board Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Healthcare Sharing Standards Board Inc (EIN: 850706349) insufficient data. 0 red flags identified, 0 strengths noted.
How does Healthcare Sharing Standards Board Inc spend its money?
Detailed spending breakdown data is not yet available for Healthcare Sharing Standards Board Inc. Check back for updated IRS 990 analysis.
Are donations to Healthcare Sharing Standards Board Inc tax-deductible?
Healthcare Sharing Standards Board Inc is registered as a tax-exempt nonprofit (EIN: 850706349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Healthcare Sharing Standards Board Inc located?
Healthcare Sharing Standards Board Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 850706349. It is classified under NTEE code E80.
How many years of IRS 990 filings does Healthcare Sharing Standards Board Inc have?
Healthcare Sharing Standards Board Inc 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 $180K in total revenue.
Filing History
IRS 990 filing history for Healthcare Sharing Standards Board Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Healthcare Sharing Standards Board Inc's revenue has declined by 45%, moving from $200K to $110K. Total assets decreased by 17.6% over the same period, from $42K to $35K. Total functional expenses fell by 26.9%, from $158K to $116K. In its most recent filing year (2023), Healthcare Sharing Standards Board Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $116K | $35K | $0 | — | — |
| 2022 | $200K | $158K | $42K | $2K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Healthcare Sharing Standards Board Inc:
Data Sources and Methodology
This transparency report for Healthcare Sharing Standards Board 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.