Is David O Watkins Hospital Fd Tr Fbo Underwd Mem Legit?
Quick charity verification for David O Watkins Hospital Fd Tr Fbo Underwd Mem (EIN: 216012141)
Verdict: David O Watkins Hospital Fd Tr Fbo Underwd Mem appears trustworthy
75/100Mission Score
$962KRevenue
$2.3MAssets
2Red Flags
3Strengths
Red Flags
Expenses consistently exceed revenue in recent years (e.g., 2023: $70,251 revenue vs. $169,143 expenses; 2022: $110,726 revenue vs. $175,586 expenses).
Lack of detailed expense breakdown in available data makes it difficult to assess spending efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating no executive salaries.
Stable asset base, consistently above $2.2 million over the past decade.
Extremely low liabilities, consistently reported as $1, indicating a very strong balance sheet.
Spending Breakdown
How David O Watkins Hospital Fd Tr Fbo Underwd Mem 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 David O Watkins Hospital Fd Tr Fbo Underwd Mem
Is David O Watkins Hospital Fd Tr Fbo Underwd Mem a legitimate charity?
Based on AI analysis of IRS 990 filings, David O Watkins Hospital Fd Tr Fbo Underwd Mem (EIN: 216012141) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is David O Watkins Hospital Fd Tr Fbo Underwd Mem a good charity to donate to?
David O Watkins Hospital Fd Tr Fbo Underwd Mem has a Mission Score of 75/100. Revenue: $962K. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for David O Watkins Hospital Fd Tr Fbo Underwd Mem?
The Employer Identification Number (EIN) for David O Watkins Hospital Fd Tr Fbo Underwd Mem is 216012141. 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 David O Watkins Hospital Fd Tr Fbo Underwd Mem spend its money?
David O Watkins Hospital Fd Tr Fbo Underwd Mem allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify David O Watkins Hospital Fd Tr Fbo Underwd Mem's tax-exempt status?
You can verify David O Watkins Hospital Fd Tr Fbo Underwd Mem's tax-exempt status using EIN 216012141 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
The David O Watkins Hospital Fd Tr Fbo Underwd Mem appears to be a well-established organization with consistent asset levels, hovering around $2.3 to $2.4 million over the past decade. The organization's revenue has fluctuated, with a notable peak of $284,833 in 2021, but generally ranges between $70,000 and $170,000 annually. Expenses have also been relatively stable, typically between $135,000 and $175,000. In several recent years, including 2023 and 2022, expenses have exceeded revenue, leading to a slight decline in assets. For instance, in 2023, revenue was $70,251 while expenses were $169,143, resulting in a net loss for the period.
The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds and a focus on its mission rather than executive salaries. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising. The consistent reporting of only $1 in liabilities across all filings suggests a very strong balance sheet with minimal debt.
Overall, the organization demonstrates financial stability in terms of assets and a commitment to avoiding executive compensation. However, the recurring deficit in recent years, where expenses outpace revenue, warrants closer examination to ensure long-term sustainability. Transparency could be enhanced with more detailed expense categorization.