Is Flushing Hospital & Medical Center Legit?

Quick charity verification for Flushing Hospital & Medical Center (EIN: 111631781)

Verdict: Flushing Hospital & Medical Center appears trustworthy

70/100Mission Score
$444.9MRevenue
$415.9MAssets
2Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Flushing Hospital & Medical Center demonstrates a complex financial picture. While the organization has shown significant revenue growth, increasing from $232.8 million in 2014 to $426.2 million in 2023, it has also consistently operated with liabilities exceeding assets for many years, indicating a reliance on debt or other short-term financing. For instance, in 2023, assets were $407.9 million against liabilities of $412.5 million. The organization's spending efficiency appears to be reasonable, with expenses generally tracking revenue, though some years show expenses exceeding revenue (e.g., 2019, 2017, 2016). The consistent reporting of 0% officer compensation across all filings suggests that executive compensation is either not reported in this section or is handled through a related entity, which could impact transparency regarding leadership costs.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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