Nehi INC

Boston, MAUnknown exempt organizationEIN 01-0624865

Nehi's mission is to solve complex problems and achieve value in health care by fostering interdisciplinary collaboration and innovation.

60¢ of each $1 spent went to programs.
$528K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $7K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$528K
to officers and key staff · 38% of spending
Concern: pay to officers and key staff is 38% of spending; over 30%.
Pt VII · Sec A
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
-11% vs prior year
Spent
$1.4M
To programs
60%
Net assets
$0
By yearFY2020–FY2024
Revenue
$1.4M
FY2024▼ -11%
Revenue by fiscal year
FY2020$978K
FY2021$1.8M
FY2022$2.1M
FY2023$1.5M
FY2024$1.4M
Expenses
$1.4M
FY2024▼ -17%
Expenses by fiscal year
FY2020$1.3M
FY2021$1.6M
FY2022$1.8M
FY2023$1.7M
FY2024$1.4M
Net assets
$0
FY2024▼ -100%
Net assets by fiscal year
FY2020−$269K
FY2021−$64K
FY2022$200K
FY2023$23K
FY2024$0

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CNehi INC
EINHdr · item D01-0624865
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CBoston, MA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jnehi-us.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.40
Program services60%$824K
Management & general40%$551K
Total functional expensesLn 25$1.4M

Finances

Money in and out, what it owns and owes

Surplus or deficit
-2%
as % of revenue, this year▲ +82% vs prior filing year
Program spending
60%
of expenses reach programs▼ -1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$0
FY2024▼ -100%
Total assets by fiscal year
FY2020$461K
FY2021$882K
FY2022$1.2M
FY2023$1.4M
FY2024$0
Total liabilities
$0
FY2024▼ -100%
Total liabilities by fiscal year
FY2020$730K
FY2021$945K
FY2022$979K
FY2023$1.4M
FY2024$0
Revenue less expensesPt I · Ln 19−$23K
Total assetsPt X · Ln 16$0
Spent on programsPt IX · col B60%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Statement of Revenue

Part VIII
Contributions & grants$737K · 54%
Program service revenue$597K · 44%
Other revenue$19K · 1%
Contributions & grants54%$737K
Program service revenue44%$597K
Other revenue1%$19K
Total revenueLn 12$1.4M

Money in detail

Form 990 · FY2024 · each figure shown with the dollars behind it
Cash and giving out
Months of spending covered by cash
Cash and easy-to-sell investments — · Operating expenses/yr $1.4M
Cash and easy-to-sell investments (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $824K · Total expenses $1.4M
60%
Management & General
Management & general $551K · Total expenses $1.4M
40%
Fundraising
Fundraising $0 · Total expenses $1.4M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $950K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $737K · Total revenue $1.4M
54%
Government reliance
Government grants — · Total revenue $1.4M
—
Earned-income share
Program service revenue $597K · Total revenue $1.4M
44%
Investment reliance
Investment income −$21K · Total revenue $1.4M
-2%
Program self-sufficiency
Program service revenue $597K · Total expenses $1.4M
43%
Growth & trend
Revenue change from last year
This year $1.4M · Prior year $1.5M
-11%
Revenue, average yearly change over 5 years
FY2020 $978K · FY2024 $1.4M
+8%
Net assets change over the year
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus or deficit, as % of revenue
Revenue $1.4M · Expenses $1.4M
-2%
Debts compared to what it owns
Total liabilities — · Total assets $0
—
Net assets compared to what it owns
Net assets $0 · Total assets $0
—
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Wendy Warring Jd · Reported title PRESIDENT & CEO · Highest reported compensation $283K · Total expenses $1.4M
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $941K · Total expenses $1.4M
68%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Spent on programs 60%——
Spent on management, % of spending 40%——
Fundraising cost, % of gifts 0%——
Revenue growth -11%——
Accounting fees, % of spending 6%——

Straight from the Form 990 — descriptive, not an evaluation. A share is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$282,930Pt VII · Sec A
Vice President-Policy Research
$245,380Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Wendy Warring Jd$282,930$270,032$309,369$304,296$270,292
Thomas Hubbard$245,380$181,922$181,623$175,805$167,534
Stephen B Herskovitz—$171,794$149,509——
Claire Cruse—$147,028———
Valerie Fleishman————$46,858

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 18Voting board membersPt VI · Ln 1a
  • 18Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Fosters collaboration and innovation to solve complex healthcare problems and improve value.

Provided by the organization

This section is blank until Nehi INC claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $308K of program spending, described in the organization's own filed words · FY2024.
01

Capacity building for patient engagement in research on the effectiveness of telehealth in sud treatment (cbfpeir):black individuals experience disproportionately adverse impacts of substance use disorder (sud) and are far less likely to receive evidence-based sud treatment.

$164Kprogram expense
02

Implementing behavioral health in primary care through shared accountability (ibhpctsa:nehi launched this initiative with the goal of expanding behavioral health integration by primary care practices in MASSACHUSETTS.[1] less than 40% of primary care groups have incorporated any type of behavioral health integration in their…

$75Kprogram expense
03

Alzheimer's Disease

Nehi received project sponsorships from eli lilly & company and from eisai inc. For a project that focused on the wide array of innovations emerging to screen individuals for dementia and conduct follow-up assessments of brain health.

$68Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $1.4M$1.4M-11% 990 PDF
FY2023 $1.5M$1.7M-26% 990 PDF
FY2022 $2.1M$1.8M+16% 990 PDF
FY2021 $1.8M$1.6M+81% 990 PDF
FY2020 $978K$1.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2024

Every line we hold from the return, cited to its Part and line.
Part VIII · Statement of revenue $1,352,527 across 7 lines filed
VIII-1f All other contributions, gifts and grants$736,634
VIII-1h Total contributions, gifts and grants$736,634
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $597,000$597,000
VIII-3 Investment incomeExcluded from tax $8,039$8,039
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$28,745−$28,745
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $39,599$39,599
VIII-12 Total revenueRelated to mission $597,000 · Unrelated business $0 · Excluded from tax $18,893$1,352,527
Part IX · Statement of functional expenses $1,375,211 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $486,803 · Management $87,555$574,358
IX-7 Other salaries and wagesPrograms $8,570 · Management $203,842$212,412
IX-9 Other employee benefitsPrograms $53,055 · Management $43,912$96,967
IX-10 Payroll taxesPrograms $35,548 · Management $21,734$57,282
IX-11c Accounting feesManagement $86,404$86,404
IX-11g Other fees for servicesPrograms $5,283 · Management $82,426$87,709
IX-12 Advertising and promotionPrograms $10,102$10,102
IX-13 Office expensesPrograms $13,906 · Management $3,195$17,101
IX-14 Information technologyPrograms $14,323 · Management $7,928$22,251
IX-16 OccupancyPrograms −$6,434 · Management −$3,561−$9,995
IX-19 Conferences, conventions and meetingsPrograms $22,438$22,438
IX-24 Other expenses (24a–d)Programs $180,882 · Management $17,300$198,182
IX-25 Total functional expensesPrograms $824,476 · Management $550,735 · Fundraising $0$1,375,211
Part X · Balance sheet $0 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $149,594$0
X-2 Savings and temporary cash investmentsStart of year $412,214$0
X-3 Pledges and grants receivableStart of year $605,000$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $18,279$0
X-10c Land, buildings and equipment, netStart of year $64,897$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $150,102$0
X-16 Total assetsStart of year $1,400,086$0
X-17 Accounts payable and accrued expensesStart of year $185,323$0
X-19 Deferred revenueStart of year $967,500$0
X-25 Other liabilitiesStart of year $224,579$0
X-26 Total liabilitiesStart of year $1,377,402$0
X-27 Net assets without donor restrictionsStart of year −$1,275,429$0
X-28 Net assets with donor restrictionsStart of year $1,298,113$0
X-32 Total net assets or fund balancesStart of year $22,684$0
X-33 Total liabilities and net assetsStart of year $1,400,086$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$1,352,527
XI-2 Total expenses$1,375,211
XI-3 Revenue less expenses−$22,684
XI-4 Net assets at start of year$22,684
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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