Humangood Nevada

Humangood Nevada maintains positive operating margins but carries substantial liabilities exceeding assets.

EIN: 200566413 · Duarte, CA · NTEE: L22 · Updated: 2026-03-28

$33.0MRevenue

$75.4MAssets

65/100Mission Score (Good)

L22

About Humangood Nevada

Humangood Nevada (EIN: 200566413) is a nonprofit organization based in Duarte, CA, classified under NTEE code L22. The organization reported total revenue of $33.0M and total assets of $75.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Humangood Nevada's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Humangood Nevada demonstrates consistent financial activity with revenues generally exceeding expenses in recent years, indicating a stable operational model. For instance, in 2023, revenue was $31,291,530 against expenses of $30,022,334, and in 2022, revenue was $31,221,910 against expenses of $28,053,721. However, a significant concern is the organization's persistent negative net assets, with liabilities consistently exceeding assets. In 2023, liabilities were $85,070,692 compared to assets of $74,171,897, a trend that has been ongoing for several years, suggesting a reliance on debt or other long-term obligations. The absence of reported officer compensation across all available filings indicates either a volunteer-led executive team or that compensation is handled through a related entity, which warrants further investigation for complete transparency.

The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent positive margin between revenue and expenses in recent periods suggests effective management of operational costs relative to income. The lack of reported officer compensation, while potentially positive for resource allocation, also raises questions about the full picture of executive oversight and compensation structures within the broader Humangood network, given its NTEE code L22 (Continuing Care Retirement Communities).

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Humangood Nevada with a Mission Score of 65 out of 100 (Good). 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, Humangood Nevada 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.

Executive Compensation Analysis

The reported officer compensation is 0% across all available filings, which is unusual for an organization of this size with revenues exceeding $30 million. This suggests executive compensation may be paid by a parent organization or through a different structure not reflected in these specific filings, requiring further scrutiny for full 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 Humangood Nevada's IRS 990 filings:

Consistent negative net assets (liabilities exceeding assets), e.g., $85,070,692 liabilities vs. $74,171,897 assets in 2023.
0% reported officer compensation for an organization with over $30 million in revenue, raising transparency questions about executive pay structure.

Strengths

The following positive indicators were identified for Humangood Nevada:

Consistent positive operating margins in recent years, with revenues exceeding expenses (e.g., $31,291,530 revenue vs. $30,022,334 expenses in 2023).
Stable revenue growth over the past few years, from $27,024,940 in 2021 to $31,291,530 in 2023.

Frequently Asked Questions about Humangood Nevada

Why do liabilities consistently exceed assets, indicating negative net assets?

The filings show a consistent trend where liabilities are greater than assets, for example, $85,070,692 in liabilities vs. $74,171,897 in assets in 2023. This suggests a long-term financial structure heavily reliant on debt or other obligations, which could impact long-term sustainability.

How is executive compensation handled if 0% is reported across all filings?

The consistent reporting of 0% officer compensation for an organization with over $30 million in revenue is highly unusual. It's possible that executives are compensated by a parent organization or through a related entity, which would not be reflected in these specific filings for Humangood Nevada.

What is the detailed breakdown of program, administrative, and fundraising expenses?

Without a detailed breakdown of expenses beyond total expenses, it's difficult to fully assess the organization's spending efficiency and how much directly supports its mission versus overhead. This information is crucial for a complete financial health assessment.

Filing History

IRS 990 filing history for Humangood Nevada showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), Humangood Nevada's revenue has grown by 72.1%, moving from $18.2M to $31.3M. Total assets decreased by 8.9% over the same period, from $81.5M to $74.2M. Total functional expenses rose by 27.1%, from $23.6M to $30.0M. In its most recent filing year (2023), Humangood Nevada reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $85.1M in liabilities against $74.2M in assets (debt-to-asset ratio: 114.7%), resulting in net assets of $-10,898,795.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$31.3M	$30.0M	$74.2M	$85.1M	—	—
2022	$31.2M	$28.1M	$71.2M	$83.4M	—	View 990
2021	$27.0M	$26.5M	$70.1M	$85.5M	—	View 990
2020	$25.7M	$26.0M	$78.4M	$100.3M	—	View 990
2019	$26.0M	$24.6M	$82.3M	$104.0M	—	View 990
2018	$26.5M	$25.3M	$83.8M	$111.9M	—	View 990
2017	$26.0M	$23.8M	$88.6M	$123.7M	—	View 990
2016	$6.2M	$5.9M	$89.7M	$130.5M	—	View 990
2016	$23.7M	$22.5M	$88.8M	$128.6M	—	—
2015	$22.4M	$21.0M	$88.4M	$129.4M	—	View 990
2014	$19.6M	$20.3M	$86.6M	$135.8M	—	View 990
2013	$19.2M	$27.0M	$85.1M	$132.0M	—	View 990
2012	$17.8M	$23.2M	$85.9M	$106.7M	—	View 990
2011	$18.2M	$23.6M	$81.5M	$130.7M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $31.3M, expenses of $30.0M, and assets of $74.2M (revenue +0.2% year-over-year).
2022: Revenue of $31.2M, expenses of $28.1M, and assets of $71.2M (revenue +15.5% year-over-year).
2021: Revenue of $27.0M, expenses of $26.5M, and assets of $70.1M (revenue +5.0% year-over-year).
2020: Revenue of $25.7M, expenses of $26.0M, and assets of $78.4M (revenue -0.9% year-over-year).
2019: Revenue of $26.0M, expenses of $24.6M, and assets of $82.3M (revenue -1.9% year-over-year).
2018: Revenue of $26.5M, expenses of $25.3M, and assets of $83.8M (revenue +2.0% year-over-year).
2017: Revenue of $26.0M, expenses of $23.8M, and assets of $88.6M (revenue +320.8% year-over-year).
2016: Revenue of $6.2M, expenses of $5.9M, and assets of $89.7M (revenue -74.0% year-over-year).
2016: Revenue of $23.7M, expenses of $22.5M, and assets of $88.8M (revenue +5.8% year-over-year).
2015: Revenue of $22.4M, expenses of $21.0M, and assets of $88.4M (revenue +14.6% year-over-year).
2014: Revenue of $19.6M, expenses of $20.3M, and assets of $86.6M (revenue +1.6% year-over-year).
2013: Revenue of $19.2M, expenses of $27.0M, and assets of $85.1M (revenue +7.8% year-over-year).
2012: Revenue of $17.8M, expenses of $23.2M, and assets of $85.9M (revenue -1.9% year-over-year).
2011: Revenue of $18.2M, expenses of $23.6M, and assets of $81.5M.

Data Sources and Methodology

This transparency report for Humangood Nevada 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.