Is Good Samaritan Network Of Hamiltoncounty…

Quick charity verification for Good Samaritan Network Of Hamiltoncounty Inc (EIN: 204371453)

Red Flags

Consistently tight operating margins, with expenses sometimes exceeding revenue (e.g., 202212: $13,587,669 revenue vs. $13,612,834 expenses), which could pose long-term sustainability risks if not managed carefully.
The consistent reporting of 0% officer compensation for an organization with over $10 million in annual revenue is unusual and warrants further investigation into how leadership is compensated or structured.

Strengths

Exceptional program spending efficiency, consistently directing a very high percentage of expenses to direct program services.
No reported officer compensation, indicating that resources are maximized for charitable purposes rather than executive salaries.
Consistent growth in assets over time, from $262,591 in 2015 to $446,166 in 2023, demonstrating financial stability and growth.
Low liabilities relative to assets, indicating a healthy balance sheet and minimal debt burden.
Long and consistent history of IRS 990 filings (13 filings), demonstrating transparency and accountability.

Spending Breakdown

How Good Samaritan Network Of Hamiltoncounty Inc allocates its funds across programs, administration, and fundraising.

92%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Good Samaritan Network Of Hamiltoncounty Inc

Is Good Samaritan Network Of Hamiltoncounty Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Good Samaritan Network Of Hamiltoncounty Inc (EIN: 204371453) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.

Is Good Samaritan Network Of Hamiltoncounty Inc a good charity to donate to?

Good Samaritan Network Of Hamiltoncounty Inc has a Mission Score of 95/100. Revenue: $11.4M. Assets: $750K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Good Samaritan Network Of Hamiltoncounty Inc?

The Employer Identification Number (EIN) for Good Samaritan Network Of Hamiltoncounty Inc is 204371453. 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 Good Samaritan Network Of Hamiltoncounty Inc spend its money?

Good Samaritan Network Of Hamiltoncounty Inc allocates 92% to programs, 5% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Good Samaritan Network Of Hamiltoncounty Inc's tax-exempt status?

You can verify Good Samaritan Network Of Hamiltoncounty Inc's tax-exempt status using EIN 204371453 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

Good Samaritan Network Of Hamiltoncounty Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. Over the past several years, the organization has maintained a very high proportion of its expenses directed towards program services, often exceeding 90%. For instance, in 2023, out of $913,294 in expenses, a significant majority would have gone to programs given the low administrative and fundraising costs. This indicates strong financial health in terms of mission delivery.

The organization's financial stability appears to be managed with tight margins, as revenues and expenses are often very closely matched, sometimes resulting in slight deficits (e.g., 202212 with $13,587,669 revenue and $13,612,834 expenses). However, the consistent growth in assets from $262,591 in 2015 to $446,166 in 2023, alongside relatively low liabilities, suggests prudent financial management. The absence of reported officer compensation further enhances its transparency and efficiency profile, indicating that resources are primarily directed towards beneficiaries rather than executive salaries.

Overall, Good Samaritan Network Of Hamiltoncounty Inc appears to be a financially sound and efficient organization, effectively channeling resources to its programs. Its consistent filing history and the detailed breakdown of financial data in its 990s contribute to a high level of transparency, allowing stakeholders to clearly understand its operations and financial health.

Is Good Samaritan Network Of Hamiltoncounty Inc Legit?

Verdict: Good Samaritan Network Of Hamiltoncounty Inc appears trustworthy