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Massachusetts · Nonprofit

HERA INC

HERA INC (Massachusetts) receives grants from 5 organizations whose IRS filings report $456,949 to it, the largest being TIDES FOUNDATION ($225,000). 2 of them have funded it in more than one year, and 77% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$149k
Funders on record
5
Grants received
$457k
Net assets
$-110054
2/5 repeat funderspeak grant-dependency 95%
01What it does

What Hera Inc does

Mission

Helps refugees access halthcare through a simple mobile health platform.

As stated on its FY2024 Form 990-EZ.

Program

  1. Helps refugees access healthcare through a simple mobile health platform.

    $113,075 spent$420,650 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $113,075.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($151k) Expenses 100 ($98k) Net assets 100 ($53k)2023 Revenue 48 ($72k) Expenses 196 ($193k) Net assets -228 ($-120286)2024 Revenue 98 ($149k) Expenses 141 ($139k) Net assets -208 ($-110054)
202220232024
Revenue (98)Expenses (141)Net assets (-208)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $113k to $26k (−77%).

$113k
$26k
$14k
202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of HERA INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).

This organization
Typical peer · 14,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

$53k
’22
−$120k
’23
$10k
’24
03Who funds it

Who funds it, year by year

2021 → 2023: the base held at 1 funder, grant income fell $68k → $5k.

Funder
'21
'22
'23
'24*
total
Ffwdunclassified
$89k
funders
1
4
1
3

3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 77% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HERA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HERA INC leans on a few funders — its largest provides 49% of grant income and the top three 90%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HERA INC.

49%
largest funder
90%
top three
~3
effective funders

Largest funder’s share by year: 2021 100% · 2022 69% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

77% of HERA INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $104k that is directly attributable, 100% of it comes from funders outside Massachusetts, across 1 state.

CA

In-state vs out-of-state, by year

’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $353k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HERA INC runs a healthier operating margin than half of the 13,754 health nonprofits its size.

Operating margin7% · above the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 13,754 health nonprofits $100k–$1M, FY2024

Government funding HERA INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.4M on record — $200k federal, $3.2M state.

Federal$200k
grants $200kcontracts $0
Top agencies
  • Agency for International Development$200k
State$3.2M
19
20
21
22
23
24
25
Top programs
  • OTHER SPECIAL PAYMENTS$3.2M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like HERA INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for HERA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HERA INC?
HERA INC (Massachusetts) receives grants from 5 organizations whose IRS filings report $456,949 to it, the largest being TIDES FOUNDATION ($225,000). 2 of them have funded it in more than one year, and 77% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does HERA INC have?
IRS filings report 5 organizations giving $456,949 in grants to HERA INC, 2 of which have funded it in more than one year.
Who is the largest funder of HERA INC?
TIDES FOUNDATION is the largest funder on record, with $225,000 in grants. The full list of funders is on this page.
How can an organization like HERA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Hera →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing