Heineman-Robicsek Foundation Inc

Nonprofit profile at a glance

EIN
566023076
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Charlotte, NC, USA
Phone
7042484843
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$4,955,323
Expenses
$1,702,771
Assets
$17,416,867
Liabilities
$238,070

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • Anders Bergendahl (Vice President)
  • Jim Olsen (President)
  • Fernando Paiz (Vice President)
  • Manuel Rodriguez (Vice President)

Highest reported compensation

  • Theresa Johnson (Executive Dir.): $53,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our current Mission Statement is: To enhance healthcare in Latin America, by providing public hospitals with essential medical equipment, supplies, training, and pioneering medical research. Our commitment extends to educating healthcare providers on the latest advancements in medical technology, practices, and research to make a lasting impact and improve the lives of their underserved populations. Concurrently, we provide grant support for medical research to qualified applicants, including, but not limited to cardiothoracic and vascular surgery, cardiology, oncology, anesthesiology, translational, and transformative research.

What it reported doing in 2025

Heineman-robicsek foundation, inc. (hrf) has a 55-year history of delivering sustainable healthcare to clinically underserved countries through the donation of medical equipment and supplies and by offering medical education and training to health providers globally. Its major achievements include: initiated the first invasive cardiology and heart surgical programs in three countries; started vascular surgery in antigua, west indies; co-founded the first heart institute (unicar) in central america; fully equipped the first children's hospital in honduras; delivered 11 intensive care units; installed 8 heart catheterization laboratories; furnished outpatient clinics and public health institutes; implemented a network of 16 non-invasive cardiac echo stations in central america and the caribbean; established the first public womens breast cancer screening unit in belize; deployed a mobile medical clinic to nicaragua and guatemala; provided operating room equipment; fully furnished kitchen at a resident home preparing over 1,000 meals/day; supported covid-19 relief efforts; refreshed 3 operating rooms at ruth paz hospital in honduras with upgraded equipment; delivered 3 ultrasound units to hospitals in guatemala. In addition to our medical initiatives, hrf is also involved in clinical and public educational programs. In 2012, hrf partnered with fundacin sergio paiz andrade (funsepa), a guatemalan non-profit organization, who refurbishes computers donated by hrf and disseminates them to the rural public schools throughout guatemala. Hrf receives numerous requests for donations each year. Donees are vetted by hrf board members, in-country partners, and volunteers, as well as u.s. Organizations working in the same location who have knowledge of the proposed donee. The request for support is reviewed by the hrf outreach subcommittee and then recommended to the executive committee for selection. Donees who receive support maintain an ongoing relationship with hrf, which permits hrf to confirm that the donation is being used for the intended purpose and track outcomes.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 63% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 75
  • Accountability: 90
  • Sustainability: 88
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 34.1%; rating input score 34
  • Program expense ratio: 88%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Fail
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 75th 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: 6 of 8 controls in place; rating input score 75
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 65.6%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 10.23; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 18th percentile among comparable filings
  • Revenue growth: 9.2% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 7.5% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 34.1% of revenue deployed · 88% of spending went to programs
  • Governance: 26 of 26 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.5M in reported program spending
  • Leadership: top reported pay $53K · 26 people listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, and grants
  • Filing history: 14 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
  • High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
  • Review — Accountability: Governance controls: 2 of 8 not reported.