Humanity Plus Inc

Overview

Mission

The Mission and purpose of this organization is to advocate for the ethical use of technology and evidence-based science to expand human capabilities.

What it reported doing in 2024

Humanity plus, inc. Worked on education with a focus on supporting the educational work of anyone can code acc and digitruck in ethiopia link: digitruck ethiopia icogacc.com. Humanity plus, inc. Also helped to sponsor many conferences and events including healthy masters conference in portugal, transvision conference in the netherlands, the afrolongevity conference in south africa, produced educational online events at its h+ academy on topics about cryptocurrency, ai, and healthy longevity link: humanity plus - youtube, and encouraged educational platforms for research and study at the lifespan.io conference in New York city, transvision conference in madrid spain, and the afrolongevity conference in johannesburg, south africa.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.

Nonprofit profile at a glance

EIN
010575214
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2021
Headquarters
Glastonbury, CT, USA
Phone
4806215851
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Biological & Life Sciences

Official website

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 76
  • Accountability: 70
  • Sustainability: 35
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.4%; rating input score 94
  • Program expense ratio: 92.4%; rating input score 92
  • Fundraising efficiency: $216.42 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 9th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 49.9%; rating input score 50; 42nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -2.1%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -4.4% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -5.6% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -27.7% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 94.4% of revenue deployed · 92.4% of spending went to programs
  • Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $248K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 4 annual filings from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

8 people listed

Source: IRS Form 990. Selected filing: FY2024.