Business for Health Solutions International Inc
Nonprofit profile at a glance
- EIN
- 861741586
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 5036804812
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health, General and Financing
Reported finances
- Revenue
- $367,837
- Expenses
- $732,347
- Assets
- $425,050
- Liabilities
- $166,769
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- MARGO CARLEN (CEO AND BOARD MEMBER)
Highest reported compensation
- MARGO CARLEN (CEO AND BOARD MEMBER): $144,246 total reported compensation
- TYLER NELSON (EXEC DIR AND BOARD MEMBER): $128,592 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Organizations mission is to increase healthcare access for communities in Africa by building the capacity of local healthcare enterprises to deliver quality, affordable and accessible health products and services.
What it reported doing in 2024
Business for Health Solutions International, Inc., a Not-for-Profit Corporation (Organization), was incorporated pursuant to the laws of the State of New York on March 8, 2021. The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code (the Code). Charitable contributions made to this Organization qualify for tax deductions as described in the Code. The Organizations mission is to increase healthcare access for communities in Africa by building the capacity of local healthcare enterprises to deliver quality, affordable and accessible health products and services. The Organization facilitates remote technical assistance projects delivered by corporate volunteers who share knowledge and expertise. Support to enterprises across the healthcare value chain contributes to stronger public and private health systems and improves population health outcomes. (Continued Sch O)
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 55
- Accountability: 88
- Sustainability: 11
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 79.2%; rating input score 79
- Fundraising efficiency: $10.37 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -99.1%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 37.3%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 9.7% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 40.1% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 79.2% of spending went to programs
- Governance: 8 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $580K in reported program spending
- Leadership: top reported pay $144K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors and foreign activity
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.