Healing Opportunities Inc

Nonprofit profile at a glance

EIN
770558428
IRS 990-EZ coverage
2017–2020
Forms available
Form 990-EZ 2020, Form 990-N 2015
Location
Santa Barbara, CA, USA
Phone
8056373118
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Research Institutes and/or Public Policy Analysis

Official website

Reported finances

Revenue
$56,341
Expenses
$31,721
Assets
$59,270

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • RACHIL VINCENT (President)

People named in this filing

  • RACHIL VINCENT (President)
  • LEANNE THOMASON (Secretary)
  • YVONNE WOOD (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Treatment, research & health education for health professionals and community members.

What it reported doing in 2020

We facilitate "nada" ear acupuncture treatment where and when it is needed to address transition, crisis and disaster relief, and to promote health by reducing the negative effects of stress and trauma for caregivers of all types, including individuals, healthcare professionals, first responders and service sector nonprofit personnel. In the year 2020, we utilized many hours of volunteer professional time to conduct our program. We estimate that this would have had a significant cost to us if we had to pay for these services.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

MIXED - The filed numbers largely add up and program spending has grown recently. 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: 6
  • Transparency & Controls: 82
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.9%; rating input score 5
  • Program expense ratio: 8.7%; rating input score 9

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 43.7%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 1.87; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 18.2% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 49.7% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 47.5% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 4.9% of revenue deployed · 8.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2017 to 2020
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 5/100.
  • High — Financial Efficiency: Program expense ratio scored 9/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.