Quick charity verification for Hackensack Meridian Health Inc (EIN: 221802017)
Verdict: Hackensack Meridian Health Inc appears trustworthy
75/100Mission Score
$9.3MRevenue
$4.5MAssets
2Red Flags
2Strengths
Red Flags
Liabilities consistently exceed assets in recent years, with 2017 showing assets of $4,479,987 and liabilities of $4,509,214, indicating potential financial strain.
The organization reported a net loss in 2017, with expenses ($9,649,106) exceeding revenue ($9,255,811).
Strengths
Consistent high revenue generation over the past several years, with 2017 revenue at $9,255,811.
Maintains a significant asset base, despite recent declines, with $4,479,987 in assets in 2017.
Spending Breakdown
How Hackensack Meridian Health 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 Hackensack Meridian Health Inc
Is Hackensack Meridian Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hackensack Meridian Health Inc (EIN: 221802017) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
Is Hackensack Meridian Health Inc a good charity to donate to?
Hackensack Meridian Health Inc has a Mission Score of 75/100. Revenue: $9.3M. Assets: $4.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hackensack Meridian Health Inc?
The Employer Identification Number (EIN) for Hackensack Meridian Health Inc is 221802017. 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 Hackensack Meridian Health Inc spend its money?
Hackensack Meridian Health Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hackensack Meridian Health Inc's tax-exempt status?
You can verify Hackensack Meridian Health Inc's tax-exempt status using EIN 221802017 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
Hackensack Meridian Health Inc is a unknown nonprofit based in Wall Township, New Jersey, with reported revenue of $9.3M and assets of $4.5M. 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's financial filings are publicly accessible, providing a basic level of transparency. - Detailed breakdowns of program spending are not immediately apparent from the provided data, limiting granular insight. Executive compensation cannot be assessed from the provided data, as no specific figures for executive salaries are included in the financial filings. Revenue has remained stable -2% across 7 filing periods.