Native Health Initiative
EIN: 352416421 · Albuquerque, NM · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $310K |
| Total Expenses | $165K |
| Net Assets | $289K |
Is Native Health Initiative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Native Health Initiative
Native Health Initiative (EIN: 352416421) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B82. The organization reported total revenue of $310K and total assets of $279K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Native Health Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Native Health Initiative is a small nonprofit that has been operating for 6 years, with 8 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 40.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $184K |
| Total Expenses | $165K |
| Surplus / Deficit | +$19K |
| Total Assets | $292K |
| Total Liabilities | $3K |
| Net Assets | $289K |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 21.2 months |
Financial Health Grade: A
In 2023, Native Health Initiative reported a surplus of $19K with revenue exceeding expenses, holds 21.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 8 years of filings (2015–2023), Native Health Initiative's revenue has grown at a compound annual growth rate (CAGR) of 40.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -100.0% | -100.0% |
| 2021 | -65.6% | -43.3% | -0.1% |
| 2020 | -1.1% | -23.8% | +33.9% |
| 2019 | +4.0% | -9.9% | +122.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Native Health Initiative 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 Native Health Initiative 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 surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Native Health Initiative
Is Native Health Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Native Health Initiative (EIN: 352416421) insufficient data. 0 red flags identified, 0 strengths noted.
How does Native Health Initiative spend its money?
Detailed spending breakdown data is not yet available for Native Health Initiative. Check back for updated IRS 990 analysis.
Are donations to Native Health Initiative tax-deductible?
Native Health Initiative is registered as a tax-exempt nonprofit (EIN: 352416421). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Native Health Initiative located?
Native Health Initiative is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 352416421. It is classified under NTEE code B82.
How many years of IRS 990 filings does Native Health Initiative have?
Native Health Initiative has 8 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 $310K in total revenue.
Filing History
IRS 990 filing history for Native Health Initiative showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2023), Native Health Initiative's revenue has grown by 1386.9%, moving from $12K to $184K. Total assets increased by 579.4% over the same period, from $43K to $292K. Total functional expenses rose by 1131.9%, from $13K to $165K. In its most recent filing year (2023), Native Health Initiative reported a surplus of $19K, with revenue exceeding expenses. The organization holds $3K in liabilities against $292K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $289K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $184K | $165K | $292K | $3K | — | View 990 |
| 2022 | $0 | $0 | $0 | $0 | — | View 990 |
| 2021 | $45K | $43K | $264K | $0 | — | — |
| 2020 | $130K | $76K | $264K | $0 | — | View 990 |
| 2019 | $132K | $100K | $197K | $0 | — | View 990 |
| 2018 | $126K | $111K | $89K | $0 | — | — |
| 2017 | $42K | $56K | $73K | $0 | — | — |
| 2015 | $12K | $13K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $184K, expenses of $165K, and assets of $292K.
- 2022: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2021: Revenue of $45K, expenses of $43K, and assets of $264K (revenue -65.6% year-over-year).
- 2020: Revenue of $130K, expenses of $76K, and assets of $264K (revenue -1.1% year-over-year).
- 2019: Revenue of $132K, expenses of $100K, and assets of $197K (revenue +4.0% year-over-year).
- 2018: Revenue of $126K, expenses of $111K, and assets of $89K (revenue +202.0% year-over-year).
- 2017: Revenue of $42K, expenses of $56K, and assets of $73K (revenue +238.6% year-over-year).
- 2015: Revenue of $12K, expenses of $13K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Native Health Initiative:
Data Sources and Methodology
This transparency report for Native Health Initiative 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.