Is Concord Hospital Associates Gift Shop…

Quick charity verification for Concord Hospital Associates Gift Shop (EIN: 20237260)

Spending Breakdown

How Concord Hospital Associates Gift Shop allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Concord Hospital Associates Gift Shop

Is Concord Hospital Associates Gift Shop a legitimate charity?

Based on AI analysis of IRS 990 filings, Concord Hospital Associates Gift Shop (EIN: 20237260) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

Is Concord Hospital Associates Gift Shop a good charity to donate to?

Concord Hospital Associates Gift Shop has a Mission Score of 85/100. Revenue: $670K. Assets: $381K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Concord Hospital Associates Gift Shop?

The Employer Identification Number (EIN) for Concord Hospital Associates Gift Shop is 20237260. 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 Concord Hospital Associates Gift Shop spend its money?

Concord Hospital Associates Gift Shop allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Concord Hospital Associates Gift Shop's tax-exempt status?

You can verify Concord Hospital Associates Gift Shop's tax-exempt status using EIN 20237260 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

Concord Hospital Associates Gift Shop demonstrates a consistent operational history, primarily functioning as a support organization for Concord Hospital. Its financial health appears stable, with assets of $381,332 in the latest filing period (201809) against liabilities of $66,177, indicating a healthy asset-to-liability ratio. Revenue has shown a significant increase in the latest period, jumping from $326,175 in 201709 to $354,725 in 201809, and further to $669,952 in the most recent data provided, suggesting growth in its gift shop operations or related fundraising activities. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient spending and a volunteer-driven model, contributing to its overall financial efficiency.

While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the absence of officer compensation suggests that a significant portion of its net revenue, after covering operational costs, likely supports its mission. The organization's primary function as a gift shop supporting a hospital implies that its 'program' spending is inherently tied to its operational costs and subsequent contributions to the hospital. Its consistent filing history over eight periods demonstrates a commitment to transparency through regular IRS reporting.

Overall, Concord Hospital Associates Gift Shop appears to be a financially sound and efficiently run auxiliary organization. Its growth in revenue, low liabilities, and zero executive compensation point to a well-managed entity focused on its supportive role. Further analysis would benefit from a detailed breakdown of expenses to fully assess spending efficiency across program, administrative, and fundraising categories, but the available data suggests a positive financial trajectory and responsible management.

Is Concord Hospital Associates Gift Shop Legit?

Verdict: Concord Hospital Associates Gift Shop appears trustworthy

Strengths