Quick charity verification for Garnet Health Medical Center (EIN: 141364536)
Verdict: Garnet Health Medical Center appears trustworthy
75/100Mission Score
$742.5MRevenue
$518.0MAssets
2Red Flags
3Strengths
Red Flags
Consistent reporting of 0% officer compensation, which may obscure actual executive pay.
Operating deficit in the most recent fiscal period (2023), with expenses exceeding revenue by over $67 million.
Strengths
Long history of consistent IRS 990 filings, indicating regulatory compliance.
Substantial asset base ($556,304,991 in 2023) providing financial stability.
Generally stable revenue generation over many years, exceeding $500 million annually in recent periods.
Spending Breakdown
How Garnet Health Medical Center allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Garnet Health Medical Center
Is Garnet Health Medical Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Garnet Health Medical Center (EIN: 141364536) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Garnet Health Medical Center a good charity to donate to?
Garnet Health Medical Center has a Mission Score of 75/100. Revenue: $742.5M. Assets: $518.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Garnet Health Medical Center?
The Employer Identification Number (EIN) for Garnet Health Medical Center is 141364536. 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 Garnet Health Medical Center spend its money?
Garnet Health Medical Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Garnet Health Medical Center's tax-exempt status?
You can verify Garnet Health Medical Center's tax-exempt status using EIN 141364536 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
Garnet Health Medical Center demonstrates a consistent operational scale, with revenues generally exceeding expenses in most recent periods, indicating a stable financial position. For example, in 2021, revenue was $586,339,514 against expenses of $581,179,061. However, the latest filing (2023) shows a deficit, with expenses of $653,257,186 exceeding revenue of $586,244,124, which warrants closer monitoring. The organization's assets have fluctuated but remain substantial, with $556,304,991 in 2023, providing a solid base for operations.
The organization's financial health appears generally sound over the long term, despite recent fluctuations. The consistent reporting of 0% officer compensation across all available filings suggests that executive compensation is not reported in this section of the 990, or is not paid to officers in a way that triggers this disclosure, which could be a point of inquiry for full transparency. Without detailed functional expense breakdowns, it's challenging to precisely assess spending efficiency across programs, administration, and fundraising, but the overall financial stability is a positive indicator.
Transparency regarding executive compensation is limited by the 0% officer compensation reported in the available data, which is unusual for an organization of this size. Further details on how executive salaries are reported or structured would enhance transparency. The consistent filing of IRS Form 990s over many years demonstrates a commitment to regulatory compliance and basic financial disclosure.