Is Baptist Health Foundation Greater Louisville Inc Legit?
Quick charity verification for Baptist Health Foundation Greater Louisville Inc (EIN: 200292291)
Verdict: Baptist Health Foundation Greater Louisville Inc appears trustworthy
90/100Mission Score
$4.6MRevenue
$21.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and significant asset growth, from $6.4M in 2014 to $21.5M currently.
Strong financial surpluses, with revenues consistently exceeding expenses (e.g., $4.0M revenue vs. $2.0M expenses in 2023).
0% reported officer compensation across all filings, indicating very low administrative overhead or integrated support.
Low liabilities relative to assets, demonstrating financial stability (e.g., $129,530 liabilities vs. $18.9M assets in 2023).
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Spending Breakdown
How Baptist Health Foundation Greater Louisville Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Baptist Health Foundation Greater Louisville Inc
Is Baptist Health Foundation Greater Louisville Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Baptist Health Foundation Greater Louisville Inc (EIN: 200292291) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Baptist Health Foundation Greater Louisville Inc a good charity to donate to?
Baptist Health Foundation Greater Louisville Inc has a Mission Score of 90/100. Revenue: $4.6M. Assets: $21.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Baptist Health Foundation Greater Louisville Inc?
The Employer Identification Number (EIN) for Baptist Health Foundation Greater Louisville Inc is 200292291. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Baptist Health Foundation Greater Louisville Inc spend its money?
Baptist Health Foundation Greater Louisville Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Baptist Health Foundation Greater Louisville Inc's tax-exempt status?
You can verify Baptist Health Foundation Greater Louisville Inc's tax-exempt status using EIN 200292291 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Baptist Health Foundation Greater Louisville Inc demonstrates strong financial health and consistent growth in assets over the past decade, increasing from $6.4 million in 2014 to over $21.5 million currently. The organization consistently maintains a healthy surplus, with revenues generally exceeding expenses significantly. For instance, in 2023, revenue was $4,010,105 against expenses of $2,047,358, indicating efficient management of incoming funds. The foundation's primary role appears to be fundraising and asset management to support Baptist Health, as reflected by its NTEE code (E11 - Hospital & Related Activities). The absence of reported officer compensation across all available filings suggests that executive salaries are either covered by the parent organization or are minimal, which is a positive indicator for donor confidence regarding administrative overhead.
While the filings show strong financial stewardship in terms of asset growth and revenue generation, a detailed breakdown of program spending versus administrative and fundraising costs is not explicitly provided in the summary data. However, the overall expense ratios relative to revenue suggest that a substantial portion of funds is either being retained for future programs or directly passed on to support the hospital's mission. The consistent growth in assets, coupled with low liabilities, points to a well-managed and financially stable entity. The lack of reported officer compensation enhances the perception of transparency and efficiency, as it implies a very lean administrative structure or integrated support from the broader Baptist Health system.