Consistent and significant annual operating deficits (e.g., $9.9M in 2023).
Liabilities consistently far exceed assets (e.g., $8.2M liabilities vs. $3.1M assets in 2023).
Lack of clarity on how consistent deficits are funded.
Strengths
Consistent reporting of 0% officer compensation, indicating strong resource allocation away from executive pay.
Long operating history with 13 filings, suggesting stability despite financial structure.
Spending Breakdown
How Elliot Physicians Network 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 Elliot Physicians Network Inc
Is Elliot Physicians Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elliot Physicians Network Inc (EIN: 20509589) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Elliot Physicians Network Inc a good charity to donate to?
Elliot Physicians Network Inc has a Mission Score of 65/100. Revenue: $41.7M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elliot Physicians Network Inc?
The Employer Identification Number (EIN) for Elliot Physicians Network Inc is 20509589. 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 Elliot Physicians Network Inc spend its money?
Elliot Physicians Network Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elliot Physicians Network Inc's tax-exempt status?
You can verify Elliot Physicians Network Inc's tax-exempt status using EIN 20509589 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
Elliot Physicians Network Inc. consistently operates with significant annual deficits, as evidenced by its expenses regularly exceeding revenue. For example, in 2023, expenses were $47,956,802 against revenues of $38,026,535, resulting in a deficit of nearly $10 million. This trend is consistent across all reported periods, indicating a reliance on other funding sources or a strategic operational model that does not aim for self-sufficiency through direct revenue. The organization's assets are relatively low compared to its liabilities, with liabilities consistently several times higher than assets, suggesting a potentially precarious financial position or significant debt. However, the consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds away from executive pay, which is a positive sign for transparency and mission focus.