Quick charity verification for Hartford Health Care Corporation (EIN: 222672834)
Verdict: Hartford Health Care Corporation appears trustworthy
75/100Mission Score
$748.1MRevenue
$3.4BAssets
3Red Flags
3Strengths
Red Flags
High executive compensation relative to total expenses and revenue, with CEO compensation at $7,642,361 in 2023.
Consistent increase in total expenses (x) outpacing revenue (r) in some years, potentially indicating operational inefficiencies or strategic investments.
Significant growth in liabilities (l) from $896,033,463 in 2018 to $2,251,344,144 in 2023, which could indicate increased debt burden or long-term obligations.
Strengths
Consistent and substantial revenue growth from $361,232,028 in 2017 to $748,124,959 in 2023, demonstrating strong financial performance.
Significant increase in total assets (a) from $1,666,603,905 in 2017 to $3,060,147,543 in 2023, indicating a growing resource base.
Maintained 0% lobbying expenses (c) across all reported years, suggesting a focus on direct healthcare services rather than political influence.
Spending Breakdown
How Hartford Health Care Corporation 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 Hartford Health Care Corporation
Is Hartford Health Care Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hartford Health Care Corporation (EIN: 222672834) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Hartford Health Care Corporation a good charity to donate to?
Hartford Health Care Corporation has a Mission Score of 75/100. Revenue: $748.1M. Assets: $3.4B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hartford Health Care Corporation?
The Employer Identification Number (EIN) for Hartford Health Care Corporation is 222672834. 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 Hartford Health Care Corporation spend its money?
Hartford Health Care Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hartford Health Care Corporation's tax-exempt status?
You can verify Hartford Health Care Corporation's tax-exempt status using EIN 222672834 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
Hartford Health Care Corporation is a health care nonprofit based in Hartford, Connecticut, with reported revenue of $748.1M and assets of $3.4B. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation for Hartford HealthCare's CEO, Jeffrey Flaks, was reported at $7,642,361 in 2023, which is significantly higher than the median for similar-sized non-profits and warrants scrutiny regarding its alignment with the organization's mission. Revenue has grown +152% across 13 filing periods.