Hidradenitis Suppurativa Foundation Inc
Hidradenitis Suppurativa Foundation Inc shows consistent revenue and asset growth with 0% officer compensation.
EIN: 203246772 · Cary, NC · NTEE: G80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $679K |
| Total Expenses | $387K |
| Program Spending | 85% |
| Net Assets | $1.1M |
| Transparency Score | 90/100 |
Is Hidradenitis Suppurativa Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hidradenitis Suppurativa Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hidradenitis Suppurativa Foundation Inc
Hidradenitis Suppurativa Foundation Inc (EIN: 203246772) is a nonprofit organization based in Cary, NC, classified under NTEE code G80. The organization reported total revenue of $679K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hidradenitis Suppurativa Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hidradenitis Suppurativa Foundation Inc is a small nonprofit that has been operating for 21 years, with 7 years of IRS 990 filings on record (2015–2021). Revenue has grown at a compound annual rate of 52.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $679K |
| Total Expenses | $387K |
| Surplus / Deficit | +$292K |
| Total Assets | $1.2M |
| Total Liabilities | $87K |
| Net Assets | $1.1M |
| Operating Margin | 43.1% |
| Debt-to-Asset Ratio | 7.1% |
| Months of Reserves | 37.8 months |
Financial Health Grade: A
In 2021, Hidradenitis Suppurativa Foundation Inc reported a surplus of $292K with revenue exceeding expenses, holds 37.8 months of operating reserves (strong position), has a debt-to-asset ratio of 7.1% (very low leverage).
Financial Trends
Over 7 years of filings (2015–2021), Hidradenitis Suppurativa Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 52.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +52.7% | +60.2% | +44.7% |
| 2020 | -3.5% | -21.5% | +30.5% |
| 2019 | +137.7% | +336.4% | +33.0% |
| 2018 | -20.6% | -39.1% | +34.1% |
| 2017 | +84.1% | +262.9% | +55.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Hidradenitis Suppurativa Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hidradenitis Suppurativa Foundation 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.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $292K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for resource allocation towards its mission.
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.
Strengths
The following positive indicators were identified for Hidradenitis Suppurativa Foundation Inc:
- Consistent and strong revenue growth, from $53,964 in 2015 to $679,044 in 2021.
- Significant asset accumulation, growing from $132,496 in 2015 to $1,219,380 in 2021.
- 0% reported officer compensation across all filing periods, indicating high efficiency.
- Expenses consistently well below revenue, allowing for healthy net asset growth.
- Low liabilities relative to assets, demonstrating strong financial stability.
Frequently Asked Questions about Hidradenitis Suppurativa Foundation Inc
Is Hidradenitis Suppurativa Foundation Inc a legitimate charity?
Hidradenitis Suppurativa Foundation Inc (EIN: 203246772) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 7 years of IRS 990 filings on record. Total revenue: $679K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Hidradenitis Suppurativa Foundation Inc spend its money?
Hidradenitis Suppurativa Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hidradenitis Suppurativa Foundation Inc tax-deductible?
Hidradenitis Suppurativa Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203246772). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hidradenitis Suppurativa Foundation Inc's spending goes to programs?
Hidradenitis Suppurativa Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hidradenitis Suppurativa Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Hidradenitis Suppurativa Foundation Inc is above average for NTEE category G80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hidradenitis Suppurativa Foundation Inc located?
Hidradenitis Suppurativa Foundation Inc is headquartered in Cary, North Carolina and files with the IRS under EIN 203246772. It is classified under NTEE code G80.
How many years of IRS 990 filings does Hidradenitis Suppurativa Foundation Inc have?
Hidradenitis Suppurativa Foundation Inc has 7 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 $679K in total revenue.
Is Hidradenitis Suppurativa Foundation Inc a good charity?
Based on the provided financial data, the Hidradenitis Suppurativa Foundation Inc appears to be a very good charity. It demonstrates strong financial growth, prudent asset management, and notably, 0% officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue grew from $53,964 in 2015 to $679,044 in 2021, and assets increased from $132,496 to $1,219,380 in the same period, indicating robust and consistent growth.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, suggesting a highly efficient and mission-focused approach where executive salaries do not consume charitable funds.
How does the organization manage its liabilities?
The organization maintains very low liabilities relative to its assets. In 2021, liabilities were $86,960 against assets of $1,219,380, indicating strong financial stability and minimal debt.
Filing History
IRS 990 filing history for Hidradenitis Suppurativa Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2021), Hidradenitis Suppurativa Foundation Inc's revenue has grown by 1158.3%, moving from $54K to $679K. Total assets increased by 820.3% over the same period, from $132K to $1.2M. Total functional expenses rose by 1188.4%, from $30K to $387K. In its most recent filing year (2021), Hidradenitis Suppurativa Foundation Inc reported a surplus of $292K, with revenue exceeding expenses. The organization holds $87K in liabilities against $1.2M in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $679K | $387K | $1.2M | $87K | — | View 990 |
| 2020 | $445K | $241K | $843K | $330 | — | — |
| 2019 | $461K | $307K | $646K | $7K | — | View 990 |
| 2018 | $194K | $70K | $485K | $0 | — | View 990 |
| 2017 | $244K | $116K | $362K | $0 | — | View 990 |
| 2016 | $133K | $32K | $233K | $0 | — | View 990 |
| 2015 | $54K | $30K | $132K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $679K, expenses of $387K, and assets of $1.2M (revenue +52.7% year-over-year).
- 2020: Revenue of $445K, expenses of $241K, and assets of $843K (revenue -3.5% year-over-year).
- 2019: Revenue of $461K, expenses of $307K, and assets of $646K (revenue +137.7% year-over-year).
- 2018: Revenue of $194K, expenses of $70K, and assets of $485K (revenue -20.6% year-over-year).
- 2017: Revenue of $244K, expenses of $116K, and assets of $362K (revenue +84.1% year-over-year).
- 2016: Revenue of $133K, expenses of $32K, and assets of $233K (revenue +145.8% year-over-year).
- 2015: Revenue of $54K, expenses of $30K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hidradenitis Suppurativa Foundation Inc:
Data Sources and Methodology
This transparency report for Hidradenitis Suppurativa Foundation 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.