Quick charity verification for Ellis Hospital Foundation Inc (EIN: 141638957)
Verdict: Ellis Hospital Foundation Inc appears trustworthy
85/100Mission Score
$11.5MRevenue
$25.9MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent asset growth, from $17,896,459 in 2014 to $23,020,389 in 2023.
Zero reported officer compensation across all 14 filings, indicating high transparency and efficient use of funds.
Positive operating margin in the most recent filing (202312), with revenue exceeding expenses by nearly $1 million.
Strong financial reserves with total assets of $25,948,791 (latest available data point).
Spending Breakdown
How Ellis Hospital Foundation Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Ellis Hospital Foundation Inc
Is Ellis Hospital Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellis Hospital Foundation Inc (EIN: 141638957) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Ellis Hospital Foundation Inc a good charity to donate to?
Ellis Hospital Foundation Inc has a Mission Score of 85/100. Revenue: $11.5M. Assets: $25.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ellis Hospital Foundation Inc?
The Employer Identification Number (EIN) for Ellis Hospital Foundation Inc is 141638957. 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 Ellis Hospital Foundation Inc spend its money?
Ellis Hospital Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ellis Hospital Foundation Inc's tax-exempt status?
You can verify Ellis Hospital Foundation Inc's tax-exempt status using EIN 141638957 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
Ellis Hospital Foundation Inc. demonstrates a generally stable financial position with fluctuating revenues and expenses over the past decade. In the most recent filing (202312), the organization reported revenues of $4,267,118 against expenses of $3,341,920, indicating a surplus for the period. Assets have shown consistent growth, reaching $23,020,389 in 2023, up from $17,896,459 in 2014, which suggests effective asset management and investment. The foundation's primary role is likely fundraising to support Ellis Hospital, and its financial health appears robust enough to continue this mission.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice is commendable and suggests a lean operational structure at the executive level.
Overall, the foundation appears to be financially sound, with a positive trend in assets and a clear commitment to transparency regarding executive compensation. Further analysis of the detailed expense categories would provide a more complete picture of spending efficiency, but the available data points to a well-managed entity focused on its charitable purpose.