Quick charity verification for Community Memorial Hospital Inc (EIN: 150548010)
Verdict: Community Memorial Hospital Inc appears trustworthy
85/100Mission Score
$67.6MRevenue
$44.1MAssets
2Red Flags
3Strengths
Red Flags
Net loss reported in the latest filing (202312: Expenses=$62,725,072, Revenue=$61,589,632)
Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and could indicate a lack of transparency in reporting executive pay or a unique compensation structure.
Strengths
Significant growth in revenue over the past decade, from $41,935,702 in 2014 to $61,589,632 in 2023.
Assets have grown substantially, from $21,229,987 in 2014 to $35,595,283 in 2023, indicating increased capacity or financial backing.
Primary focus on program services (healthcare) as indicated by NTEE code E220 and the absence of reported officer compensation, suggesting resources are directed towards its mission.
Spending Breakdown
How Community Memorial Hospital Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Community Memorial Hospital Inc
Is Community Memorial Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Memorial Hospital Inc (EIN: 150548010) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Community Memorial Hospital Inc a good charity to donate to?
Community Memorial Hospital Inc has a Mission Score of 85/100. Revenue: $67.6M. Assets: $44.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Community Memorial Hospital Inc?
The Employer Identification Number (EIN) for Community Memorial Hospital Inc is 150548010. 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 Community Memorial Hospital Inc spend its money?
Community Memorial Hospital Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Community Memorial Hospital Inc's tax-exempt status?
You can verify Community Memorial Hospital Inc's tax-exempt status using EIN 150548010 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
Community Memorial Hospital Inc. demonstrates a fluctuating financial performance over the past decade. While revenue has generally increased, reaching $61,589,632 in 2023, the organization reported a net loss of $1,135,440 in the same year, with expenses exceeding revenue. This follows a period of positive net income in 2021 and 2022. The organization's assets have shown growth, from $21,229,987 in 2014 to $35,595,283 in 2023, indicating some financial stability, though liabilities have also increased significantly in some years, peaking at $31,638,942 in 2020.
The spending efficiency appears to be focused on its program services, as indicated by the NTEE code E220 (General Hospitals) and the absence of reported officer compensation, suggesting resources are directed towards its healthcare mission. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The consistent reporting of 0% officer compensation across all filings suggests a commitment to directing funds to operations rather than executive salaries, which is a positive indicator for transparency and mission alignment.
Overall, the hospital's financial health shows resilience with growing revenue and assets, but the recent net loss in 2023 warrants attention. The lack of reported officer compensation is a strong point for transparency, but more granular expense data would be needed for a complete picture of spending efficiency.