Is Indiana University Health Blackford Hospital Inc Legit?
Quick charity verification for Indiana University Health Blackford Hospital Inc (EIN: 10646166)
Verdict: Indiana University Health Blackford Hospital Inc shows mixed signals
60/100Mission Score
$2.2MRevenue
$4.0MAssets
3Red Flags
3Strengths
Red Flags
Recurring operating deficits in recent years (e.g., $5,074,082 in 2023 and $3,214,138 in 2022).
Significant decline in total assets from $18.8 million in 2016 to $5.6 million in 2023.
Unclear executive compensation structure due to consistent 0% reporting, hindering transparency assessment.
Strengths
Historically strong revenue generation, peaking at over $29 million in 2021.
Positive net assets maintained throughout the filing history, indicating solvency.
Part of a larger healthcare system (Indiana University Health), potentially offering stability and resources.
Spending Breakdown
How Indiana University Health Blackford Hospital Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Indiana University Health Blackford Hospital Inc
Is Indiana University Health Blackford Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Indiana University Health Blackford Hospital Inc (EIN: 10646166) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
Is Indiana University Health Blackford Hospital Inc a good charity to donate to?
Indiana University Health Blackford Hospital Inc has a Mission Score of 60/100. Revenue: $2.2M. Assets: $4.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Indiana University Health Blackford Hospital Inc?
The Employer Identification Number (EIN) for Indiana University Health Blackford Hospital Inc is 10646166. 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 Indiana University Health Blackford Hospital Inc spend its money?
Indiana University Health Blackford Hospital Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Indiana University Health Blackford Hospital Inc's tax-exempt status?
You can verify Indiana University Health Blackford Hospital Inc's tax-exempt status using EIN 10646166 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
Indiana University Health Blackford Hospital Inc. demonstrates a fluctuating financial performance over the past decade. While the organization reported a net surplus in some years, such as 2021 with revenues of $29,029,033 exceeding expenses of $25,581,477, it has experienced significant deficits in more recent periods. For instance, in 2023, expenses of $23,774,787 outstripped revenues of $18,700,705, indicating a substantial operating loss. This trend of expenses exceeding revenue is also evident in 2022 and 2020, suggesting potential challenges in maintaining financial equilibrium.
The organization's asset base has also seen considerable shifts, peaking at $18,802,756 in 2016 before declining to $5,658,757 by 2023. This reduction in assets, coupled with periods of increasing liabilities (e.g., $8,296,484 in 2020), warrants closer examination. The consistent reporting of 0% officer compensation across all filings suggests that executive compensation is either not reported in this section or is handled through a related entity, which could impact the assessment of internal financial transparency if not clarified elsewhere. Overall, the financial health appears to be under pressure, with recent years showing a pattern of spending exceeding income.