Healthfirst Family Care Center Inc
Healthfirst Family Care Center Inc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 20492976 · Franklin, NH · NTEE: E30 · Updated: 2026-03-28
Is Healthfirst Family Care Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Healthfirst Family Care Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Healthfirst Family Care Center Inc
Healthfirst Family Care Center Inc (EIN: 20492976) is a nonprofit organization based in Franklin, NH, classified under NTEE code E30. The organization reported total revenue of $11.1M and total assets of $10.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healthfirst Family Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Healthfirst Family Care Center Inc with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Healthfirst Family Care Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with over $10 million in annual revenue. This suggests that executive compensation may be reported under different categories or that the organization has a unique, potentially volunteer-based, leadership structure, which requires further clarification for complete 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 Healthfirst Family Care Center Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this size and warrants further investigation for transparency.
Strengths
The following positive indicators were identified for Healthfirst Family Care Center Inc:
- Consistent revenue growth, from $3,029,006 in 2013 to $10,473,512 in 2023, indicating expanding capacity and reach.
- Strong asset growth, from $2,232,436 in 2013 to $8,681,812 in 2023, suggesting sound financial management and reinvestment.
- Positive net income consistently maintained, demonstrating financial stability and sustainability.
- High proportion of expenses likely directed towards program services, typical for a healthcare provider, indicating mission focus.
Frequently Asked Questions about Healthfirst Family Care Center Inc
Is Healthfirst Family Care Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Healthfirst Family Care Center Inc (EIN: 20492976) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Healthfirst Family Care Center Inc spend its money?
Healthfirst Family Care Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Healthfirst Family Care Center Inc tax-deductible?
Healthfirst Family Care Center Inc is registered as a tax-exempt nonprofit (EIN: 20492976). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How is executive compensation handled if 0% is reported for officers?
The consistent reporting of 0% officer compensation across all available filings for an organization with over $10 million in revenue is highly unusual. This could mean that executive salaries are categorized differently (e.g., as program service expenses if executives are also direct service providers), or that the top leadership is compensated through a related entity, or that the organization relies heavily on volunteer leadership. Further investigation into the organization's detailed financial statements or direct inquiry would be needed to understand this aspect fully.
What is the specific breakdown of program service expenses?
While the overall program spending appears high, the IRS 990 summary data does not provide a detailed breakdown of specific program service expenses (e.g., patient care, community outreach, preventative services). A deeper dive into Schedule O or other detailed financial statements would be necessary to understand how the program funds are allocated.
What is the organization's long-term strategy for asset utilization?
Healthfirst Family Care Center Inc has shown consistent growth in assets, from $2,232,436 in 2013 to $8,681,812 in 2023. Understanding the organization's strategy for utilizing these growing assets – whether for facility expansion, technology upgrades, or endowment building – would provide insight into its future sustainability and impact.
Filing History
IRS 990 filing history for Healthfirst Family Care Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Healthfirst Family Care Center Inc's revenue has grown by 256.2%, moving from $2.9M to $10.5M. Total assets increased by 306.9% over the same period, from $2.1M to $8.7M. Total functional expenses rose by 246.6%, from $2.9M to $10.2M. In its most recent filing year (2023), Healthfirst Family Care Center Inc reported a surplus of $314K, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $8.7M in assets (debt-to-asset ratio: 45.2%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $10.5M | $10.2M | $8.7M | $3.9M | — | View 990 |
| 2022 | $8.6M | $8.2M | $7.2M | $2.8M | — | View 990 |
| 2021 | $8.7M | $7.6M | $6.6M | $2.5M | — | View 990 |
| 2020 | $7.5M | $6.6M | $5.9M | $3.0M | — | View 990 |
| 2019 | $6.0M | $5.7M | $3.9M | $2.0M | — | View 990 |
| 2018 | $5.3M | $5.0M | $3.7M | $2.1M | — | View 990 |
| 2016 | $4.6M | $4.4M | $2.9M | $1.8M | — | View 990 |
| 2015 | $4.2M | $3.8M | $2.7M | $1.8M | — | View 990 |
| 2014 | $3.4M | $3.1M | $2.4M | $1.8M | — | View 990 |
| 2013 | $3.0M | $2.9M | $2.2M | $2.0M | — | View 990 |
| 2012 | $3.1M | $3.0M | $2.2M | $2.0M | — | View 990 |
| 2011 | $2.9M | $2.9M | $2.1M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.5M, expenses of $10.2M, and assets of $8.7M (revenue +22.4% year-over-year).
- 2022: Revenue of $8.6M, expenses of $8.2M, and assets of $7.2M (revenue -1.9% year-over-year).
- 2021: Revenue of $8.7M, expenses of $7.6M, and assets of $6.6M (revenue +15.9% year-over-year).
- 2020: Revenue of $7.5M, expenses of $6.6M, and assets of $5.9M (revenue +25.7% year-over-year).
- 2019: Revenue of $6.0M, expenses of $5.7M, and assets of $3.9M (revenue +12.5% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.0M, and assets of $3.7M (revenue +15.6% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.4M, and assets of $2.9M (revenue +10.8% year-over-year).
- 2015: Revenue of $4.2M, expenses of $3.8M, and assets of $2.7M (revenue +22.4% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.1M, and assets of $2.4M (revenue +12.0% year-over-year).
- 2013: Revenue of $3.0M, expenses of $2.9M, and assets of $2.2M (revenue -2.4% year-over-year).
- 2012: Revenue of $3.1M, expenses of $3.0M, and assets of $2.2M (revenue +5.6% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.9M, and assets of $2.1M.
Data Sources and Methodology
This transparency report for Healthfirst Family Care Center 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.