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Hyperbarics Health And Wellness Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823851520 ✦ Hailey, ID ✦ Designated as a 501(c)(3)

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Overview

What is Hyperbarics Health And Wellness Foundation Inc?

The Hyperbarics Health and Wellness Foundation Inc is a nonprofit organization committed to enhancing and improving the quality of life for individuals through the use of hyperbaric oxygen therapy and other healing methods. Operating under charitable, educational, and scientific purposes, the foundation distributes funds to various organizations to support this mission. Primarily, the foundation extends its aid to veterans, covering hyperbaric oxygen therapy costs and associated expenses to significantly boost their overall well-being.


Official website here: www.hhwfoundation.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The Hyperbarics Health And Wellness Foundation Inc has received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. With a complete absence of independent board members and missing key policies such as conflict of interest and whistleblower protections, the organization shows weaknesses in governance that can impact transparency and public trust. However, it does maintain a zero liability to assets ratio, suggesting that it is not in financial distress.

On a positive note, the organization allocates a significant portion of its budget, approximately 72.02%, to program expenses, which reflects a commitment to its mission. This high program expense ratio is a strength as it indicates that resources are being directed toward fulfilling the organization's objectives. Despite this, the lack of independent oversight and necessary policies raises red flags that potential donors and stakeholders should consider carefully.

In summary, while Hyperbarics Health And Wellness Foundation Inc demonstrates a focus on programmatic spending, its governance issues and lack of essential policies could hinder its effectiveness and reliability as a nonprofit. Prospective supporters may want to seek additional information before making contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Hyperbarics Health And Wellness Foundation Inc legitimate?

Hyperbarics Health And Wellness Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hyperbarics Health And Wellness Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.hhwfoundation.org/

What is the mission statement of Hyperbarics Health And Wellness Foundation Inc?

The Hyperbarics Health and Wellness Foundation's mission is centered around improving the quality of life for individuals. They achieve this goal by utilizing hyperbaric oxygen therapy and other healing methods. Operating under charitable, educational, and scientific purposes, the foundation distributes funds to eligible organizations. One of their primary focus areas is supporting Veterans, covering the costs of hyperbaric oxygen therapy and related expenses to enhance their well-being.


Official website here: www.hhwfoundation.org/

Who is the CEO of Hyperbarics Health And Wellness Foundation Inc?

Monty Heath is the Treasurer of Hyperbarics Health And Wellness Foundation Inc.


Official website here: www.hhwfoundation.org/

What is the revenue of Hyperbarics Health And Wellness Foundation Inc?

Hyperbarics Health And Wellness Foundation Inc's revenue in 2022 was $30,292.


Official website here: www.hhwfoundation.org/

Who are the executives of Hyperbarics Health And Wellness Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Phil Rainey (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Shepard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Mathern (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Halverson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monty Heath (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bas Verheijen (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hhwfoundation.org/

Where can I find the form 990EZ for Hyperbarics Health And Wellness Foundation Inc?

Hyperbarics Health And Wellness Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.hhwfoundation.org/

Learn more at the official website: www.hhwfoundation.org/

Mission Statement of Hyperbarics Health And Wellness Foundation Inc

The Hyperbarics Health and Wellness Foundation is dedicated to improving the lives of individuals through the use of hyperbaric oxygen therapy and other healing methods. Operating under charitable, educational, and scientific purposes, this organization distributes funds to various organizations with the primary goal of benefiting individuals. One of its significant focuses is on assisting Veterans by covering the costs of hyperbaric oxygen therapy and related expenses. This support aims to enhance the quality of life for these veterans, providing them with an opportunity to improve their overall well-being. The Hyperbarics Health and Wellness Foundation's mission is to restore and enhance the lives of individuals, ensuring they can live with greater comfort and vitality.

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Impact




August, 2024

The Hyperbarics Health And Wellness Foundation Inc's impact is significant in restoring and enhancing the quality of life for individuals through hyperbaric oxygen therapy and other healing methods. Specifically, the foundation helps Veterans by covering the costs of hyperbaric oxygen therapy and related expenses to improve their overall well-being. By providing access to these treatments, the foundation contributes to enhancing the health and wellness of individuals who have served our country, ultimately making a positive impact on their lives.




This information is meant to be a general summary of Hyperbarics Health And Wellness Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$30,292 (2022)
Expenses
$152,561 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $30,292

Assets and Liabilities:

  • Total Assets: $8,289
  • Total Liabilities: $0
  • Net Assets: $8,289

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Organization Details

Principal Officer

Monty Heath

Main Address

PO Box 3061, Hailey, ID, 83333

NTEE Category

Code: E60 - Health

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