Is Continuecare Hospital Of Tyler Incorporated Legit?
Quick charity verification for Continuecare Hospital Of Tyler Incorporated (EIN: 200991990)
Verdict: Continuecare Hospital Of Tyler Incorporated appears trustworthy
85/100Mission Score
$21.3MRevenue
$8.7MAssets
3Red Flags
4Strengths
Red Flags
Operating loss in the most recent fiscal period (202306) with expenses ($20,910,249) exceeding revenue ($19,487,782).
Significant decline in total assets from $10,195,011 in 202106 to $4,584,897 in 202306.
Fluctuating revenue stream, with a notable drop from $24,320,798 in 202106 to $19,487,782 in 202306.
Strengths
Consistent reporting of 0% officer compensation, indicating strong transparency and potentially high efficiency in executive pay.
Historically strong program spending, as typical for healthcare providers where most expenses are directly related to services.
Maintained positive net assets for most of the past decade, demonstrating financial stability despite recent fluctuations.
Long history of IRS 990 filings (13 filings), indicating consistent compliance and operational longevity.
Spending Breakdown
How Continuecare Hospital Of Tyler Incorporated allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Continuecare Hospital Of Tyler Incorporated
Is Continuecare Hospital Of Tyler Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Continuecare Hospital Of Tyler Incorporated (EIN: 200991990) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Continuecare Hospital Of Tyler Incorporated a good charity to donate to?
Continuecare Hospital Of Tyler Incorporated has a Mission Score of 85/100. Revenue: $21.3M. Assets: $8.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Continuecare Hospital Of Tyler Incorporated?
The Employer Identification Number (EIN) for Continuecare Hospital Of Tyler Incorporated is 200991990. 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 Continuecare Hospital Of Tyler Incorporated spend its money?
Continuecare Hospital Of Tyler Incorporated allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Continuecare Hospital Of Tyler Incorporated's tax-exempt status?
You can verify Continuecare Hospital Of Tyler Incorporated's tax-exempt status using EIN 200991990 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
Continuecare Hospital Of Tyler Incorporated demonstrates consistent operational activity as a healthcare provider, with revenues generally exceeding expenses over the past decade, indicating a stable financial position. For instance, in 202206, revenue was $21,716,666 against expenses of $21,391,849. However, the most recent filing (202306) shows expenses ($20,910,249) exceeding revenue ($19,487,782), resulting in a net loss for that period. This recent trend warrants monitoring to ensure it does not become a sustained pattern.
The organization's asset base has fluctuated, reaching a high of $10,195,011 in 202106 before declining to $4,584,897 in 202306. This significant decrease in assets, coupled with the recent operating loss, suggests a potential shift in financial health. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, suggesting that leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which is a positive sign for donor confidence.
Overall, while the organization has historically managed its finances effectively, the recent dip in revenue and assets, alongside an operating loss in the latest period, signals a need for closer examination of its financial strategies. The lack of reported officer compensation is a strong point for transparency and efficiency, but the broader financial trends require attention.