Is Edgerton Hospital Capital Foundation Inc Legit?
Quick charity verification for Edgerton Hospital Capital Foundation Inc (EIN: 203161048)
Verdict: Edgerton Hospital Capital Foundation Inc appears trustworthy
75/100Mission Score
$253KRevenue
$490KAssets
2Red Flags
3Strengths
Red Flags
Inconsistent financial performance with several years of expenses exceeding revenue (e.g., 2022: $231,421 revenue vs. $333,183 expenses; 2021: $289,955 revenue vs. $506,218 expenses).
Significant year-over-year fluctuations in total assets, indicating potential volatility in financial reserves or investment strategies.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds and potentially volunteer leadership.
Zero reported liabilities across all available filings, demonstrating strong financial management and no outstanding debt.
Positive net income in the most recent filing (2023: $365,128 revenue vs. $208,306 expenses), showing a recent return to financial health.
Spending Breakdown
How Edgerton Hospital Capital Foundation 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 Edgerton Hospital Capital Foundation Inc
Is Edgerton Hospital Capital Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Edgerton Hospital Capital Foundation Inc (EIN: 203161048) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Edgerton Hospital Capital Foundation Inc a good charity to donate to?
Edgerton Hospital Capital Foundation Inc has a Mission Score of 75/100. Revenue: $253K. Assets: $490K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Edgerton Hospital Capital Foundation Inc?
The Employer Identification Number (EIN) for Edgerton Hospital Capital Foundation Inc is 203161048. 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 Edgerton Hospital Capital Foundation Inc spend its money?
Edgerton Hospital Capital Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Edgerton Hospital Capital Foundation Inc's tax-exempt status?
You can verify Edgerton Hospital Capital Foundation Inc's tax-exempt status using EIN 203161048 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
Edgerton Hospital Capital Foundation Inc demonstrates a fluctuating financial performance over the past decade. While the organization reported a positive net income in 2023 with revenues of $365,128 exceeding expenses of $208,306, it has experienced several years where expenses significantly outpaced revenue, such as in 2021 ($289,955 revenue vs. $506,218 expenses) and 2022 ($231,421 revenue vs. $333,183 expenses). This inconsistency suggests potential challenges in maintaining stable funding or managing expenditure. The organization consistently reports zero liabilities and zero officer compensation, indicating a lean operational structure and good financial hygiene regarding debt and executive pay.
The foundation's assets have also shown considerable variability, peaking at $628,005 in 2020 and declining to $426,285 by 2023. This fluctuation in assets, alongside inconsistent revenue and expense patterns, points to a need for more predictable financial planning or fundraising strategies. The absence of officer compensation across all reported periods is a strong indicator of efficient use of funds, as it implies that leadership is either volunteer-based or compensated through other means not reported as officer compensation on the 990, which generally contributes to a higher percentage of funds going directly to programs or operational needs.
Given the NTEE code T30 (Hospital Foundations), the organization's primary purpose is likely to support Edgerton Hospital. The financial data, particularly the absence of officer compensation and liabilities, suggests a focus on channeling resources towards its mission. However, the significant year-to-year swings in revenue and expenses warrant closer examination to understand the underlying causes and ensure long-term sustainability and impact.