Quick charity verification for Bon Secours Mercy Health Foundation (EIN: 201072726)
Verdict: Bon Secours Mercy Health Foundation appears trustworthy
88/100Mission Score
$90.5MRevenue
$436.9MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in multiple recent years (e.g., 2023, 2021, 2020), indicating reliance on prior year surpluses or asset drawdowns.
Strengths
Strong and growing asset base, reaching $374,534,060 in 2023, providing financial resilience.
Consistent reporting of 0% officer compensation across all available filings, indicating high efficiency in executive overhead.
Long history of IRS 990 filings (13 filings), demonstrating transparency and consistent compliance.
Significant revenue generation, with latest reported revenue at $90,467,378 (latest available data point) and $49,912,263 in 2023, indicating strong fundraising capabilities.
Spending Breakdown
How Bon Secours Mercy Health Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Bon Secours Mercy Health Foundation
Is Bon Secours Mercy Health Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bon Secours Mercy Health Foundation (EIN: 201072726) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Bon Secours Mercy Health Foundation a good charity to donate to?
Bon Secours Mercy Health Foundation has a Mission Score of 88/100. Revenue: $90.5M. Assets: $436.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bon Secours Mercy Health Foundation?
The Employer Identification Number (EIN) for Bon Secours Mercy Health Foundation is 201072726. 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 Bon Secours Mercy Health Foundation spend its money?
Bon Secours Mercy Health Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bon Secours Mercy Health Foundation's tax-exempt status?
You can verify Bon Secours Mercy Health Foundation's tax-exempt status using EIN 201072726 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
Bon Secours Mercy Health Foundation demonstrates a consistent commitment to its mission, as evidenced by its financial filings. The organization's revenue has fluctuated over the past decade, with a notable increase in recent years, reaching $63,081,435 in 2022 and $49,912,263 in 2023. While expenses have sometimes exceeded revenue, such as in 2023 where expenses were $54,079,999 against $49,912,263 in revenue, this is not uncommon for foundations that strategically deploy assets for long-term impact or during periods of significant program investment. The foundation maintains substantial assets, reported at $374,534,060 in 2023, indicating a strong financial base.
The organization's spending efficiency appears to be well-managed, with a focus on program delivery. Although specific program spending percentages are not detailed in the provided data, the overall financial health, characterized by significant assets and consistent revenue generation, suggests effective resource allocation. The absence of reported officer compensation across all provided filings is a significant indicator of transparency and potentially lower administrative overhead, which is a positive sign for donors.
Transparency is further enhanced by the consistent filing of IRS Form 990s over 13 periods, providing a comprehensive historical view of its financial operations. The foundation's substantial asset base and the lack of reported officer compensation contribute to a favorable assessment of its financial stewardship and commitment to its charitable purpose. While a detailed breakdown of program vs. administrative spending would offer more granular insight, the available data points to a financially stable and mission-focused entity.