Healthunity Corporation
Nonprofit profile at a glance
- EIN
- 874065923
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Palo Alto, CA, USA
- Phone
- 2177210580
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Engineering and Technology
Reported finances
- Revenue
- $55,000
- Expenses
- $12,596
- Assets
- $114,558
- Liabilities
- $1,895
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- JIA LI (PRESIDENT)
People named in this filing
- JIA LI (PRESIDENT)
- PAULA WALL (TREASURER)
- CARMEN WIEDENHOEFT (SECRETARY)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Healthunity is an open consortium of leading data scientists, ai/ml experts, and healthcare visionaries organized to help shape the future of personal and population health through data insights, domain knowledge, and equitable applications.
What it reported doing in 2024
Generative ai: a celebration of community - we are building an open community that is aligned with healthunity's vision. Together, our community will discover insights and knowledge about associations between people's behaviors and their health, which can lead to better health outcomes.we believe that an individual can achieve better health and a more enjoyable life when these associations are well understood. Through this open community, we will leverage the data and knowledge discovered to empower applications to help people live healthy and enjoyable lives.
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 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 - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 100
- Sustainability: 82
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 18.8%; rating input score 19
- Program expense ratio: 82.2%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 77.1%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 9.09; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -83.6% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -24% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 44.9% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 18.8% of revenue deployed · 82.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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.
- High — Financial Efficiency: Mission deployment rate scored 19/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.