International Hyperbarics Association Inc
International Hyperbarics Association Inc. shows recent financial recovery after a deficit year, but faces persistent high liabilities.
EIN: 201778039 · Madison, WI · NTEE: G99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $686K |
| Total Expenses | $605K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $600,000 |
| Net Assets | $-113,190 |
| Transparency Score | 65/100 |
Is International Hyperbarics Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Hyperbarics Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About International Hyperbarics Association Inc
International Hyperbarics Association Inc (EIN: 201778039) is a nonprofit organization based in Madison, WI, classified under NTEE code G99. The organization reported total revenue of $686K and total assets of $239K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Hyperbarics Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Hyperbarics Association Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 47.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $657K |
| Total Expenses | $605K |
| Surplus / Deficit | +$52K |
| Total Assets | $142K |
| Total Liabilities | $255K |
| Net Assets | $-113,190 |
| Operating Margin | 7.9% |
| Debt-to-Asset Ratio | 179.6% |
| Months of Reserves | 2.8 months |
Financial Health Grade: B
In 2023, International Hyperbarics Association Inc reported a surplus of $52K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 179.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), International Hyperbarics Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 47.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.6% | -38.6% | +52.2% |
| 2022 | -0.4% | +37.7% | -74.2% |
| 2021 | +539.9% | +238.8% | +257.8% |
| 2020 | -46.6% | +65.7% | -49.4% |
| 2019 | +66.5% | +129.0% | +71.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| 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 International Hyperbarics Association Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, International Hyperbarics Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $52K, with revenue exceeding expenses.
- Debt-to-asset ratio: 179.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with over $600,000 in annual revenue.
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 International Hyperbarics Association Inc's IRS 990 filings:
- Persistent high liabilities ($255,300 from 2021-2023) significantly exceeding assets, leading to negative net assets.
- Significant operating deficit in 2022, with expenses ($986,298) far exceeding revenue ($718,359).
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data makes efficiency assessment difficult.
- Unusually consistent 0% officer compensation for an organization with over $600,000 in annual revenue, which could indicate alternative compensation structures or reliance on unpaid leadership.
Strengths
The following positive indicators were identified for International Hyperbarics Association Inc:
- Strong revenue growth from 2014 to 2021, indicating increasing support and activity.
- Positive operating margin in the latest filing (2023), with revenue ($656,864) exceeding expenses ($605,283).
- Excellent transparency regarding executive compensation, reporting 0% officer compensation across all filings.
- Demonstrated ability to recover from a deficit year (2022) and return to a surplus in 2023.
Frequently Asked Questions about International Hyperbarics Association Inc
Is International Hyperbarics Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, International Hyperbarics Association Inc (EIN: 201778039) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does International Hyperbarics Association Inc spend its money?
International Hyperbarics Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to International Hyperbarics Association Inc tax-deductible?
International Hyperbarics Association Inc is registered as a tax-exempt nonprofit (EIN: 201778039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the International Hyperbarics Association Inc CEO make?
International Hyperbarics Association Inc's highest-compensated officer earns $600,000 annually. The organization reported $686K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of International Hyperbarics Association Inc's spending goes to programs?
International Hyperbarics Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does International Hyperbarics Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), International Hyperbarics Association Inc is above average for NTEE category G99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is International Hyperbarics Association Inc located?
International Hyperbarics Association Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 201778039. It is classified under NTEE code G99.
How many years of IRS 990 filings does International Hyperbarics Association Inc have?
International Hyperbarics Association Inc 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 $686K in total revenue.
What is the nature of the $255,300 in liabilities consistently reported from 2021-2023?
The provided data does not specify the nature of these liabilities, but their consistent and high value relative to assets (e.g., $142,110 assets vs. $255,300 liabilities in 2023) is a significant financial concern.
How does International Hyperbarics Association Inc. manage to operate with 0% officer compensation?
The filings indicate no officer compensation, suggesting a volunteer-led executive team or that compensation is structured in a way not reported as officer compensation on the 990, which is uncommon for an organization of this size.
What caused the significant deficit in 2022, where expenses ($986,298) far exceeded revenue ($718,359)?
The data shows a substantial spending increase in 2022 that outpaced revenue, leading to a deficit. The specific reasons for this increase are not detailed in the provided summary.
What is the organization's strategy for addressing its negative net assets, as seen in 2023 ($142,110 assets vs. $255,300 liabilities)?
With liabilities exceeding assets, the organization has negative net assets. The provided data does not outline a strategy for improving this financial position.
Filing History
IRS 990 filing history for International Hyperbarics Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Hyperbarics Association Inc's revenue has grown by 10244.3%, moving from $6K to $657K. Total assets increased by 118.5% over the same period, from $65K to $142K. Total functional expenses rose by 14826.8%, from $4K to $605K. In its most recent filing year (2023), International Hyperbarics Association Inc reported a surplus of $52K, with revenue exceeding expenses. The organization holds $255K in liabilities against $142K in assets (debt-to-asset ratio: 179.6%), resulting in net assets of $-113,190.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $657K | $605K | $142K | $255K | — | — |
| 2022 | $718K | $986K | $93K | $255K | — | View 990 |
| 2021 | $722K | $716K | $361K | $255K | — | View 990 |
| 2020 | $113K | $211K | $101K | $0 | — | View 990 |
| 2019 | $211K | $128K | $200K | $0 | — | View 990 |
| 2018 | $127K | $56K | $116K | $0 | — | View 990 |
| 2017 | $57K | $27K | $45K | $0 | — | — |
| 2016 | $9K | $22K | $16K | $0 | — | View 990 |
| 2015 | $23K | $10K | $29K | $0 | — | View 990 |
| 2014 | $4K | $3K | $15K | $0 | — | View 990 |
| 2013 | $11K | $77K | $14K | $0 | — | View 990 |
| 2012 | $27K | $12K | $80K | $0 | — | View 990 |
| 2011 | $6K | $4K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $657K, expenses of $605K, and assets of $142K (revenue -8.6% year-over-year).
- 2022: Revenue of $718K, expenses of $986K, and assets of $93K (revenue -0.4% year-over-year).
- 2021: Revenue of $722K, expenses of $716K, and assets of $361K (revenue +539.9% year-over-year).
- 2020: Revenue of $113K, expenses of $211K, and assets of $101K (revenue -46.6% year-over-year).
- 2019: Revenue of $211K, expenses of $128K, and assets of $200K (revenue +66.5% year-over-year).
- 2018: Revenue of $127K, expenses of $56K, and assets of $116K (revenue +121.9% year-over-year).
- 2017: Revenue of $57K, expenses of $27K, and assets of $45K (revenue +569.9% year-over-year).
- 2016: Revenue of $9K, expenses of $22K, and assets of $16K (revenue -63.7% year-over-year).
- 2015: Revenue of $23K, expenses of $10K, and assets of $29K (revenue +500.9% year-over-year).
- 2014: Revenue of $4K, expenses of $3K, and assets of $15K (revenue -63.4% year-over-year).
- 2013: Revenue of $11K, expenses of $77K, and assets of $14K (revenue -61.0% year-over-year).
- 2012: Revenue of $27K, expenses of $12K, and assets of $80K (revenue +331.4% year-over-year).
- 2011: Revenue of $6K, expenses of $4K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Hyperbarics Association Inc:
Data Sources and Methodology
This transparency report for International Hyperbarics Association 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.