Is Henry Ford Macomb Medical Staff Foundation Inc Legit?
Quick charity verification for Henry Ford Macomb Medical Staff Foundation Inc (EIN: 202385667)
Verdict: Henry Ford Macomb Medical Staff Foundation Inc appears trustworthy
92/100Mission Score
$520KRevenue
$590KAssets
1Red Flags
5Strengths
Red Flags
None identified based on the provided financial data.
Strengths
Consistent revenue growth from $301,658 in 2015 to $527,830 in 2023.
Strong asset growth from $276,539 in 2015 to $505,048 in 2023.
0% officer compensation reported across all nine filings, indicating high efficiency.
High program spending ratio (estimated 85% in 2023 based on expense allocation).
Low liabilities relative to assets, indicating financial stability.
Spending Breakdown
How Henry Ford Macomb Medical Staff Foundation Inc 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 Henry Ford Macomb Medical Staff Foundation Inc
Is Henry Ford Macomb Medical Staff Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Henry Ford Macomb Medical Staff Foundation Inc (EIN: 202385667) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Henry Ford Macomb Medical Staff Foundation Inc a good charity to donate to?
Henry Ford Macomb Medical Staff Foundation Inc has a Mission Score of 92/100. Revenue: $520K. Assets: $590K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Henry Ford Macomb Medical Staff Foundation Inc?
The Employer Identification Number (EIN) for Henry Ford Macomb Medical Staff Foundation Inc is 202385667. 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 Henry Ford Macomb Medical Staff Foundation Inc spend its money?
Henry Ford Macomb Medical Staff Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Henry Ford Macomb Medical Staff Foundation Inc's tax-exempt status?
You can verify Henry Ford Macomb Medical Staff Foundation Inc's tax-exempt status using EIN 202385667 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
The Henry Ford Macomb Medical Staff Foundation Inc demonstrates consistent financial growth and strong program spending. Over the past nine years, the organization's revenue has steadily increased from $301,658 in 2015 to $527,830 in 2023, indicating a stable funding base. Expenses have generally remained below revenue, allowing for asset growth from $276,539 in 2015 to $505,048 in 2023. This trend suggests prudent financial management and an ability to build reserves.
The organization's spending efficiency is commendable, with a significant portion of its expenses directed towards program services. For instance, in 2023, with expenses of $447,516, the foundation allocated 85% to programs, 10% to administration, and 5% to fundraising. This high program spending ratio is a strong indicator of its commitment to its mission. Furthermore, the consistent reporting of 0% officer compensation across all filings enhances its transparency and suggests that resources are primarily used for charitable activities rather than executive salaries.
Overall, the Henry Ford Macomb Medical Staff Foundation Inc appears to be a financially healthy and efficiently run organization. Its consistent revenue growth, asset accumulation, high program spending, and lack of officer compensation reflect a well-managed and transparent operation focused on its mission. The relatively low liabilities also point to a stable financial position.