Quick charity verification for Griffin Hospital Development Fund Inc (EIN: 222560254)
Verdict: Griffin Hospital Development Fund Inc appears trustworthy
75/100Mission Score
$3.3MRevenue
$12.4MAssets
2Red Flags
2Strengths
Red Flags
Consistent 0% compensation reported across all years, which may obscure actual executive compensation if paid by a related entity.
Significant year-over-year fluctuations in revenue, such as the drop from $2,383,261 in 2022 to $1,497,343 in 2023, could impact long-term planning.
Strengths
Assets have shown consistent growth over the years, from $7,943,641 in 2016 to $12,424,446 in 2023.
The organization maintains a healthy asset base relative to its liabilities, indicating financial stability.
Spending Breakdown
How Griffin Hospital Development Fund Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Griffin Hospital Development Fund Inc
Is Griffin Hospital Development Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Griffin Hospital Development Fund Inc (EIN: 222560254) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
Is Griffin Hospital Development Fund Inc a good charity to donate to?
Griffin Hospital Development Fund Inc has a Mission Score of 75/100. Revenue: $3.3M. Assets: $12.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Griffin Hospital Development Fund Inc?
The Employer Identification Number (EIN) for Griffin Hospital Development Fund Inc is 222560254. 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 Griffin Hospital Development Fund Inc spend its money?
Griffin Hospital Development Fund Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Griffin Hospital Development Fund Inc's tax-exempt status?
You can verify Griffin Hospital Development Fund Inc's tax-exempt status using EIN 222560254 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
Griffin Hospital Development Fund Inc is a unknown nonprofit based in Derby, Connecticut, with reported revenue of $3.3M and assets of $12.4M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. • The organization consistently reports 0% compensation, suggesting executive salaries are covered by Griffin Hospital or not directly reported in these filings.
• Revenue has fluctuated significantly, from a high of $2,383,261 in 2022 to a low of $994,191 in 2016. Executive compensation is not reported in the provided filings, with 'c0%' consistently listed, indicating that executive salaries are likely handled by the parent Griffin Hospital or not directly expensed by this fund. Revenue has grown +755% across 13 filing periods.