Is Alverno Provena Hospital Laboratories Inc Legit?

Quick charity verification for Alverno Provena Hospital Laboratories Inc (EIN: 203238867)

Verdict: Alverno Provena Hospital Laboratories Inc appears trustworthy

85/100Mission Score
$202.2MRevenue
$22.3MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Alverno Provena Hospital Laboratories Inc demonstrates consistent financial stability, operating near break-even with revenues closely matching expenses across all reported periods. For instance, in 2023, revenue was $194,090,219 against expenses of $194,137,980, indicating a highly efficient operation focused on covering costs rather than accumulating large surpluses. The organization's assets have shown growth over time, from $15,076,971 in 2014 to $25,578,423 in 2023, suggesting a healthy balance sheet. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a commitment to mission-focused spending, as it implies that executive salaries are either not paid or are covered by a related entity, which would warrant further investigation for complete understanding.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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