Significant decline in total assets from $47.3 million in 2014 to $28.1 million in 2023.
Increasing liabilities over time, from $184,053 in 2016 to $16,951,653 in 2023.
Unusually low or zero reported officer compensation for an organization of this size, raising questions about how leadership is compensated or structured.
Strengths
Consistently reports 0% officer compensation, indicating no direct executive salary costs from the organization's funds.
Maintains substantial assets ($28.1 million in 2023) despite financial fluctuations, providing a buffer.
Spending Breakdown
How Centerlight Health System Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Centerlight Health System Inc
Is Centerlight Health System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Centerlight Health System Inc (EIN: 133323765) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
Is Centerlight Health System Inc a good charity to donate to?
Centerlight Health System Inc has a Mission Score of 45/100. Revenue: $4.7M. Assets: $21.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Centerlight Health System Inc?
The Employer Identification Number (EIN) for Centerlight Health System Inc is 133323765. 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 Centerlight Health System Inc spend its money?
Centerlight Health System Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Centerlight Health System Inc's tax-exempt status?
You can verify Centerlight Health System Inc's tax-exempt status using EIN 133323765 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
Centerlight Health System Inc. exhibits a complex financial picture with fluctuating revenues and expenses over the past decade. While the organization consistently reports zero officer compensation, which is a positive indicator for executive cost efficiency, its financial stability appears inconsistent. For instance, in 2023, expenses ($2,566,053) exceeded revenue ($2,196,646), indicating an operating deficit. This trend of expenses sometimes significantly outpacing revenue (e.g., 2017, 2016, 2014) raises questions about long-term sustainability and reliance on asset drawdowns or other funding sources. The organization's assets have also seen a notable decline from a high of $47,309,074 in 2014 to $28,075,118 in 2023, while liabilities have generally increased, suggesting a potential weakening of its balance sheet.
The NTEE code Z99Z (Unknown) is a significant concern for transparency, as it provides no clear indication of the organization's programmatic focus or mission. Without this crucial information, it is challenging to assess spending efficiency relative to its stated goals. The lack of reported officer compensation is a strong point, but the overall financial health is clouded by inconsistent operating results and a declining asset base. Further investigation into the specific activities and program spending would be necessary to fully evaluate its impact and efficiency.