Is French Hospital Medical Center Foundation Legit?
Quick charity verification for French Hospital Medical Center Foundation (EIN: 203256125)
Verdict: French Hospital Medical Center Foundation appears trustworthy
90/100Mission Score
$18.9MRevenue
$29.9MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent asset growth from $8.35M in 2014 to $26.19M in 2023.
Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
Manageable liabilities relative to assets, demonstrating financial stability.
Prudent expense management, with expenses often aligning closely with revenue.
AI Transparency Report
French Hospital Medical Center Foundation demonstrates consistent financial health, with assets growing from $8.35 million in 2014 to $26.19 million in 2023. The organization consistently reports zero officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the consistent growth in assets and the absence of executive compensation suggest a well-managed and transparent financial operation. The foundation's revenue has fluctuated, with a notable dip in 2023 to $4.66 million from $6.86 million in 2022, but expenses have remained relatively stable, indicating prudent financial management even during revenue variations. The foundation's liabilities have also remained manageable relative to its assets, further supporting its financial stability.