Healing Heroes Network Inc

Nonprofit profile at a glance

EIN
263714861
IRS 990 coverage
2011–2018
Forms available
Form 990 2018
Location
Palm Harbor, FL, USA
Phone
7277814376
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Rehabilitative Medical Services

Official website

Reported finances

Revenue
$163,498
Expenses
$275,393
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • ALLAN SPIEGEL MD (PRESIDENT)

Highest reported compensation

  • STACEY SPIEGEL (EXECUTIVE DI): $12,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To heal american's heroes by providing financial assistance for quality care to military personnel injured in the line of duty in iraq or afghanistan since september 11, 2001.

What it reported doing in 2018

Healing heroes network, inc. Is a national self-funded 501(c)(3) non-profit charity committed to healing america's heroes by provding financial assistance for quality care to military personnel injured in the line of duty in iraq or afghanistan since 9/11/01. Through communication, education, and community outreach, hhn strives to bring awareness of the often untreated injuries sustained in war and the need for our services. Through a nationwide network of professionals willing to provide a wide array of therapies and services, and funding from generous donors, hhn AIDS these brave wounded warriors in receiving much needed therapies. In-kind medical and other services were provided to the organization during 2017 which were valued at 21,934; these services were properly removed for tax purposes.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 83% 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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 12
  • Transparency & Controls: 90
  • Accountability: 55
  • Sustainability: 6
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 15.6%; rating input score 16
  • Program expense ratio: 6.9%; rating input score 7
  • Fundraising efficiency: $0.64 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 14th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -68.4%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 4.4%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: -43.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -11.9% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -32.7% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 15.6% of revenue deployed · 6.9% of spending went to programs
  • Governance: 2 of 4 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $19K in reported program spending
  • Leadership: top reported pay $12K · 4 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 7 filing years from 2011 to 2018
  • Contacts: How to reach this organization
  • Money network: 5 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 — Financial Efficiency: Mission deployment rate scored 16/100.
  • High — Financial Efficiency: Program expense ratio scored 7/100.
  • Review — Accountability: Independent voting board scored 50/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • High — Sustainability: Operating margin scored 3/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.