Quick charity verification for Hallmark Health Properties Inc (EIN: 222580542)
Verdict: Hallmark Health Properties Inc shows mixed signals
65/100Mission Score
$2.8MRevenue
$20.5MAssets
2Red Flags
3Strengths
Red Flags
Expenses consistently exceed revenue, with a deficit of $259,363 in 2023 and $320,277 in 2022, indicating potential operational sustainability challenges.
The organization's assets have fluctuated significantly, from $24,789,225 in 2017 to $20,546,776 in 2023, suggesting potential asset management or investment volatility.
Strengths
Consistent revenue generation over the past eight years, demonstrating a stable funding base.
Maintained a substantial asset base, with total assets of $20,546,776 in 2023, providing financial stability.
Long operational history with consistent financial reporting since at least 2016.
AI Transparency Report
Hallmark Health Properties Inc is a health care nonprofit based in Medford, Massachusetts, with reported revenue of $2.8M and assets of $20.5M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. • Financial filings are consistently available for the past 8 years. • Revenue and expenses are clearly itemized in the provided data. • No specific details on program activities or administrative overhead beyond general expense figures are immediately available. Executive compensation cannot be assessed from the provided data, as no specific compensation figures for executives are included in the financial filings. Revenue has grown +508% across 13 filing periods.