Often operates with a surplus, as seen in 2023 with revenue of $3,496,399 against expenses of $2,887,084.
Spending Breakdown
How Eastern Long Island Hospitalfoundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Eastern Long Island Hospitalfoundation
Is Eastern Long Island Hospitalfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Long Island Hospitalfoundation (EIN: 203851050) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Eastern Long Island Hospitalfoundation a good charity to donate to?
Eastern Long Island Hospitalfoundation has a Mission Score of 90/100. Revenue: $6.1M. Assets: $5.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Eastern Long Island Hospitalfoundation?
The Employer Identification Number (EIN) for Eastern Long Island Hospitalfoundation is 203851050. 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 Eastern Long Island Hospitalfoundation spend its money?
Eastern Long Island Hospitalfoundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Eastern Long Island Hospitalfoundation's tax-exempt status?
You can verify Eastern Long Island Hospitalfoundation's tax-exempt status using EIN 203851050 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
Eastern Long Island Hospitalfoundation demonstrates a generally healthy financial position, with assets consistently exceeding liabilities across its filing history. The organization has shown significant fluctuations in revenue, ranging from a low of $606,516 in 2017 to a high of $5,470,689 in 2022, and $3,496,399 in 2023. Despite these variations, the organization has managed its expenses, often operating with a surplus, as seen in 2023 where revenue of $3,496,399 exceeded expenses of $2,887,084. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship and transparency.
The organization's NTEE code E112 suggests it is a hospital foundation, implying its primary purpose is to support a hospital. While the filings show financial activity, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to precisely assess spending efficiency. However, the absence of officer compensation is a significant positive for transparency. The growth in assets from $1,507,368 in 2014 to $6,229,196 in 2023 suggests effective asset management and financial growth over the decade.