Civic Intelligence

Hope for a Healthier Humanity

EIN 52-2303126 • 501(c)3 • Staten Island, NY

Profile

Hope for a healthier humanity foundation, inc. Was established in march 2001, for the purpose of providing assistance and training to third world countries to improve their healthcare planning and delivery systems. This support focuses on assisting them to achieve a better utilization of the limited healthcare resources within their native countries, as well as within the united states, thereby reducing the dependency on donations and charity and increasing their self-sufficiency.

PO Box 90547Staten Island, NY 10309

www.hopeforahealthierhumanity.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

46th percentile

0.14x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

14th percentile

0.02x

Higher debt load relative to revenue than 14% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

47th percentile

3.2%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

42nd percentile

$162,761

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

84th percentile

22%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

28%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,590,120

Up $284,724 (+22%) from 2023

Liabilities

Down

$220,167

Down $64,834 (-23%) from 2023

Net Assets

Up

$1,369,953

Up $349,558 (+34%) from 2023

Revenue

Up

$10,694,470

Up $2,334,042 (+28%) from 2023

Expenses

Up

$10,348,209

Up $1,437,480 (+16%) from 2023

Net Income

Up

$346,261

Up $896,562 (+163%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.0M$0-$1.0MAssets 2010: $491,762Liabilities 2010: $162,902Net Assets 2010: $328,8602010Assets 2011: $421,279Liabilities 2011: $217,748Net Assets 2011: $203,5312011Assets 2012: $638,995Liabilities 2012: $221,401Net Assets 2012: $417,5942012Assets 2013: $599,204Liabilities 2013: $266,479Net Assets 2013: $332,7252013Assets 2014: $256,949Liabilities 2014: $330,310Net Assets 2014: -$73,3612014Assets 2015: $194,650Liabilities 2015: $369,603Net Assets 2015: -$174,9532015Assets 2016: $404,636Liabilities 2016: $318,521Net Assets 2016: $86,1152016Assets 2017: $252,276Liabilities 2017: $325,465Net Assets 2017: -$73,1892017Assets 2018: $331,354Liabilities 2018: $340,009Net Assets 2018: -$8,6552018Assets 2019: $345,726Liabilities 2019: $323,459Net Assets 2019: $22,2672019Assets 2020: $290,658Liabilities 2020: $324,868Net Assets 2020: -$34,2102020Assets 2021: $351,373Liabilities 2021: $326,550Net Assets 2021: $24,8232021Assets 2022: $1,909,874Liabilities 2022: $369,842Net Assets 2022: $1,540,0322022Assets 2023: $1,305,396Liabilities 2023: $285,001Net Assets 2023: $1,020,3952023Assets 2024: $1,590,120Liabilities 2024: $220,167Net Assets 2024: $1,369,9532024

Highlighted filing

2024

Assets$1,590,120
Liabilities$220,167
Net Assets$1,369,953

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,498,3892010Revenue 2011: $1,978,229Expenses 2011: $2,103,558Net Income 2011: -$125,3292011Expenses 2012: $2,528,0422012Revenue 2013: $2,319,528Expenses 2013: $2,404,397Net Income 2013: -$84,8692013Revenue 2014: $680,505Expenses 2014: $1,086,591Net Income 2014: -$406,0862014Revenue 2015: $4,998,434Expenses 2015: $5,100,026Net Income 2015: -$101,5922015Revenue 2016: $6,904,565Expenses 2016: $6,694,958Net Income 2016: $209,6072016Revenue 2017: $4,760,195Expenses 2017: $4,919,499Net Income 2017: -$159,3042017Revenue 2018: $4,696,458Expenses 2018: $4,631,924Net Income 2018: $64,5342018Revenue 2019: $6,112,516Expenses 2019: $6,090,311Net Income 2019: $22,2052019Revenue 2020: $5,061,540Expenses 2020: $5,121,532Net Income 2020: -$59,9922020Revenue 2021: $4,879,152Expenses 2021: $4,852,234Net Income 2021: $26,9182021Revenue 2022: $6,491,643Expenses 2022: $4,945,156Net Income 2022: $1,546,4872022Revenue 2023: $8,360,428Expenses 2023: $8,910,729Net Income 2023: -$550,3012023Revenue 2024: $10,694,470Expenses 2024: $10,348,209Net Income 2024: $346,2612024

Highlighted filing

2024

Revenue$10,694,470
Expenses$10,348,209
Net Income$346,261

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.22$1.37$10.7$10.3$0.35
2023Summary only. Only limited summary data is available for this year.$1.31$0.29$1.02$8.36$8.91$0.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.37$1.54$6.49$4.95$1.55
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.33$0.02$4.88$4.85$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.32$0.03$5.06$5.12$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.32$0.02$6.11$6.09$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.34$0.01$4.70$4.63$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.33$0.07$4.76$4.92$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.32$0.09$6.90$6.69$0.21
2015Detailed filing. Detailed filing data is available for this year.$0.19$0.37$0.17$5.00$5.10$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.33$0.07$0.68$1.09$0.41
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.27$0.33$2.32$2.40$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.22$0.42$2.53
2011Summary only. Only limited summary data is available for this year.$0.42$0.22$0.20$1.98$2.10$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.16$0.33$4.50
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$6,566,114
Mission and Program Overview

Mission

Hope for a healthier humanity foundation, inc. Was established in march 2001, for the purpose of providing assistance and training to third world countries to improve their healthcare planning and delivery systems. This support focuses on assisting them to achieve a better utilization of the limited healthcare resources within their native countries, as well as within the united states, thereby reducing the dependency on donations and charity and increasing their self-sufficiency.

Hope for a healthier humanity foundation, inc. Was established to provide assistance and training to third world countries to improve their healthcare planning and delivery systems.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$1,315,240-
Savings and Temporary Cash Investments$196,638$441,571▲ $244,933
Investments in Publicly Traded Securities$123,916$92,932▼ $30,984
Cash and Non-Interest-Bearing Accounts$12,530$28,185▲ $15,655
Land, Buildings, and Equipment, Net$18,289$4,642▼ $13,647
Total Assets$351,373$1,909,874▲ $1,558,501
Other Assets Total-$27,304-
Liabilities
Other Liabilities$315,000$344,745▲ $29,745
Accounts Payable and Accrued Expenses$11,550$25,097▲ $13,547
Total Liabilities$326,550$369,842▲ $43,292
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$1,530,240-
Net Assets Without Donor Restrictions$24,823$9,792▼ $15,031
Total Net Assets Fund Balance$24,823$1,540,032▲ $1,515,209
Total Liabilities and Net Assets / Fund Balance$351,373$1,909,874▲ $1,558,501

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,642$117,137$121,779
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Mary Healey Sedutto PhdExecutive DiFT$140,149$25,100$165,249
Dr Mary Healey Sedutto PhdExecutive Director-$140,149$25,100$165,249
Revenue and Support

Revenue Composition

Contributions and Grants
$6,415,568
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$76,075
All Other Contributions
$6,202,966
Change in Net Assets
$1,546,487

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Drugs and Medical Supplies2$3,673,751
Other Non Cash Contri Table1$30,000
Total Noncash Contributions3$3,703,751

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,491,643
Revenue Not Reported on Form 990
$2,864,193
Total Revenue per Audited Statements
$9,355,836
Total Revenue per Form 990
$6,491,643
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,366,880
Salaries, Compensation, and Employee Benefits$578,276
Total Fundraising Expense$29,214
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$248,703$23,881$21,723$294,307
Current Officers, Directors, Trustees, and Key Employees$120,584$19,565-$140,149
Pension Plan Contributions$45,900$5,400$2,700$54,000
All Other Expenses$43,265$9,588-$52,853
Other Employee Benefits$43,740$5,146$2,573$51,459
Travel$41,363--$41,363
Payroll Taxes$32,307$3,836$2,218$38,361
Occupancy$32,400$3,600-$36,000
Other Expenses$21,511$2,390-$23,901
Office Expenses$22,118$1,311-$23,429
Depreciation Depletion-$13,647-$13,647
Fees for Services Accounting$5,100$1,900-$7,000
Insurance$3,223$358-$3,581
Fees for Services Other$629$1,537-$2,166
Total Functional Expenses$4,821,321$94,621$29,214$4,945,156

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,840,627
Expenses per Audited Statements$4,945,156
Total Expenses per Form 990$4,945,156
Expenses Not Reported on Form 990$2,895,471
International Activity

International Summary

Spending
$7,000,678

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America/caribbeanProgram ServicesMedical--$7,000,678
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$150,546
Fundraising Direct Expenses$74,471
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cocktail Partie$224,300$80,187$40,792$39,395
Golf Outing$125,853$57,364$31,960$25,404
Total Events$363,148$150,546$74,471$76,075
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
William SeduttoFamily MemberCompensationNo$110,093
Mary Healey-seduttoExecutive DirecRent for Office SpacNo$18,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$315,000
Long Term Operating Liabilty$15,673
Short Term Operating Liability$14,072
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The treasurer goes through the form with the trustees and the trustees approve the 990 before the executive director signs and sends the form to the irs.

Form 990, Page 6, Part VI, Line 12C

The executive director declares at each board meeting any perceived confli ct of interest to the trustees. The item is discussed openly and thorough ly. The chairman then inquires if perceived conflict of interest item is resolved. The board agrees or disagrees.

Form 990, Page 6, Part VI, Line 15A

The finance officer is the chair of the compensation committee of the organization. The finance officer makes recommendations to the board of trustees regarding compensation amounts for the executive director and key employees. The board of trustees must approve compensation amounts.

Form 990, Page 6, Part VI, Line 15B

The finance officer is the chair of the compensation committee of the orga nization. The finance officer makes recommendations to the board of trust ees regarding compensation amounts for the executive director and key empl oyees. The board of trustees must approve compensation amounts.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, policies and financial statements are made available upon request by any person from the general public.

Filing and Contact Details

Filer

Filer Name
Hope for a Healthier Humanity
EIN
52-2303126
Phone
7189664750
Address
PO BOX 90547, STATEN ISLAND, NY 10309

Signing Officer

Name
Dr Mary Healey Sedutto Phd
Title
Executive Director
Phone
7189664750
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Mary Healey Sedutto Phd
Formed
2001
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
5
Volunteers
342

Preparer

Firm
Desantis Kiefer Shall & Sarcone Llp
Address
1675 RICHMOND ROAD, STATEN ISLAND, NY 10304-2317
Preparer
John M Shall Sr CPA
Phone
7183512233
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Hope for a healthier humanity foundation, inc. Was established in march 2001, for the purpose of providing assistance and training to third world countries to improve their healthcare planning and delivery systems. This support focuses on assisting them to achieve a better utilization of the limited healthcare resources within their native countries, as well as within the united states, thereby reducing the dependency on donations and charity and increasing their self-sufficiency.

Form 990, Page 2, Part III, Line 4A

Hope for a healthier humanity foundation, inc. (hhh) uses funds to engage in international medical, dental and nursing mission trips to various countries in latin america and does so as part of a formal educational and clinical/demonstration training effort. Hhh is concerned about two targets: the nursing, medical and dental education of the peoples of the caribbean and latin america, as pertaining to the health of women and children and those at risk of poor health; and secondly, community health education and advocacy, targeting the prevention and spread of communicable diseases. During 2022, hhh collected 3,673,751 in donated supplies and equipment that were delivered to the countries being serviced by hhh. Various medical professionals donated their services for several mission trips. The value of those services was 2,821,000 in 2022.

Form 990, Part XI, Line 9

Fundraising expense 74,471 fundraising expense -74,471

Form 990, Page 12, Part XII, Line 1

The organization changed its method of accounting from modified cash basis to accrual in order to comply with state reporting requirements.

Financial Statement Notes

Schedule D, Page 3, Part X

Part x-fin 48 footnote: hhh is subject to the provisions of the fasb asc topic that addresses accounting & reporting for uncertainity in income taxes, because of hhh's general tax exempt status.this asc topic has not had, and is not expected to have a material impact on tis financial statements.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expense 74,471

Schedule D, Page 4, Part XII, Line 2D

Fundraising expense 74,471

Raw XML AppendixShowing 400 of 557 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0HOPE FOR A HEALTHIER HUMANITY FOUNDATION, INC. (HHH) USES FUNDS TO ENGAGE IN INTERNATIONAL MEDICAL, DENTAL AND NURSING MISSION TRIPS TO VARIOUS COUNTRIES IN LATIN AMERICA AND DOES SO AS PART OF A FORMAL EDUCATIONAL AND CLINICAL/DEMONSTRATION TRAINING EFFORT. HHH IS CONCERNED ABOUT TWO TARGETS: THE NURSING, MEDICAL AND DENTAL EDUCATION OF THE PEOPLES OF THE CARIBBEAN AND LATIN AMERICA, AS PERTAINING TO THE HEALTH OF WOMEN AND CHILDREN AND THOSE AT RISK OF POOR HEALTH; AND SECONDLY, COMMUNITY HEALTH EDUCATION AND ADVOCACY, TARGETING THE PREVENTION AND SPREAD OF COMMUNICABLE DISEASES. DURING 2022, HHH COLLECTED 3,673,751 IN DONATED SUPPLIES AND EQUIPMENT THAT WERE DELIVERED TO THE COUNTRIES BEING SERVICED BY HHH. VARIOUS MEDICAL PROFESSIONALS DONATED THEIR SERVICES FOR SEVERAL MISSION TRIPS. THE VALUE OF THOSE SERVICES WAS 2,821,000 IN 2022.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X-FIN 48 FOOTNOTE: HHH IS SUBJECT TO THE PROVISIONS OF THE FASB ASC TOPIC THAT ADDRESSES ACCOUNTING & REPORTING FOR UNCERTAINITY IN INCOME TAXES, BECAUSE OF HHH'S GENERAL TAX EXEMPT STATUS.THIS ASC TOPIC HAS NOT HAD, AND IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON TIS FINANCIAL STATEMENTS.
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1EXPENDITURES MADE FOR ACTIVITIES OUTSIDE THE UNITED STATES INCLUDE TRAVEL, SHIPPING EXPENSES FOR SUPPLIES, DIRECT EXPENSES FOR PROGRAMS ADMINISTERED IN VARIOUS REGIONS, THE VALUE OF DONATED AND PURCHASED MEDICAL SUPPLIES, THE VALUE OF SERVICES DONATED BY MEDICAL PROFESSIONALS WHO TRAVEL OVERSEAS TO ASSIST HHH WITH THEIR PROGRAM ACTIVITIES. MEDICAL AND OTHER SUPPLIES 3,681,217 VOLUNTEERS AND CONSULTANTS 2,821,000 TRAVEL 41,363 SPECIAL PROJECT EXPENSES 457,098
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