Is Iu Medical Group Foundation Inc Legit?

Quick charity verification for Iu Medical Group Foundation Inc (EIN: 201093251)

Verdict: Iu Medical Group Foundation Inc appears trustworthy

85/100Mission Score

$322.6MRevenue

$408.0MAssets

2Red Flags

3Strengths

Red Flags

0% officer compensation reported across all filings, which is unusual for an organization of this scale and may indicate compensation is handled by a related entity, potentially obscuring the true cost of executive leadership.
Significant year-over-year fluctuations in revenue and expenses without clear explanation in the provided data, which could indicate instability or project-specific funding cycles that warrant further investigation.

Strengths

Substantial asset base, with latest assets at $408,013,450, providing strong financial stability.
Effective management of liabilities, with $0 reported in several periods and generally low levels.
Consistent reporting of 0% officer compensation, indicating either voluntary leadership or compensation through a separate, related entity, which can be a positive for donor perception if transparently explained.

Spending Breakdown

How Iu Medical Group Foundation Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

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 Iu Medical Group Foundation Inc

Is Iu Medical Group Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Iu Medical Group Foundation Inc (EIN: 201093251) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Iu Medical Group Foundation Inc a good charity to donate to?

Iu Medical Group Foundation Inc has a Mission Score of 85/100. Revenue: $322.6M. Assets: $408.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Iu Medical Group Foundation Inc?

The Employer Identification Number (EIN) for Iu Medical Group Foundation Inc is 201093251. 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 Iu Medical Group Foundation Inc spend its money?

Iu Medical Group Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Iu Medical Group Foundation Inc's tax-exempt status?

You can verify Iu Medical Group Foundation Inc's tax-exempt status using EIN 201093251 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

Iu Medical Group Foundation Inc demonstrates a generally strong financial position with substantial assets and fluctuating but often significant revenue streams. The organization's latest reported assets are $408,013,450, indicating a robust balance sheet. While revenue has varied considerably year-over-year, from $11,084,015 in 2024 to $90,820,472 in 2023, the overall trend shows a capacity to attract significant funding. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and financial management, suggesting that executive leadership is either unpaid or compensated through a related entity, which would warrant further investigation for complete transparency. The absence of liabilities in several periods, such as 2024 and 2019, also points to sound financial management and low debt burden.

However, without detailed expense breakdowns from the provided data, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. The NTEE code B114 (Medical Research) suggests a focus on a specific programmatic area. The significant swings in revenue and expenses, such as revenue dropping from $90,820,472 in 2023 to $11,084,015 in 2024, and expenses from $26,717,815 to $11,790,843 in the same periods, could indicate project-based funding or other operational shifts that would benefit from further explanation for stakeholders. The organization's substantial asset base provides a strong foundation for its mission, but a clearer picture of how these assets are utilized and how expenses are allocated would enhance the assessment of its overall financial health and efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.