Is Jacobson Memorial Hospitalfoundation…

Quick charity verification for Jacobson Memorial Hospitalfoundation (EIN: 208145158)

Strengths

Consistent asset growth, from $153,957 in 2013 to $389,036 currently, indicating strong financial management.
Extremely low expenses relative to revenue (e.g., $5,185 expenses on $91,427 revenue in 2022), demonstrating high operational efficiency.
0% officer compensation reported across all filings, indicating a commitment to directing resources to the mission.
Strong financial health with low liabilities compared to assets (e.g., $4,898 liabilities vs. $299,541 assets in 2022).
Consistent IRS 990 filing history (12 filings), demonstrating transparency and compliance.

Spending Breakdown

How Jacobson Memorial Hospitalfoundation allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Jacobson Memorial Hospitalfoundation

Is Jacobson Memorial Hospitalfoundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Jacobson Memorial Hospitalfoundation (EIN: 208145158) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Jacobson Memorial Hospitalfoundation a good charity to donate to?

Jacobson Memorial Hospitalfoundation has a Mission Score of 92/100. Revenue: $96K. Assets: $389K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Jacobson Memorial Hospitalfoundation?

The Employer Identification Number (EIN) for Jacobson Memorial Hospitalfoundation is 208145158. 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 Jacobson Memorial Hospitalfoundation spend its money?

Jacobson Memorial Hospitalfoundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Jacobson Memorial Hospitalfoundation's tax-exempt status?

You can verify Jacobson Memorial Hospitalfoundation's tax-exempt status using EIN 208145158 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

Jacobson Memorial Hospitalfoundation demonstrates strong financial health and efficiency, particularly in its program spending. Over the past several years, the organization has consistently reported low expenses relative to its revenue, indicating efficient operations. For instance, in 2022, with revenue of $91,427, expenses were only $5,185, resulting in a significant surplus that contributes to asset growth. This trend of accumulating assets, which grew from $153,957 in 2013 to $389,036 currently, suggests a well-managed endowment or reserve for future hospital support.

The organization's spending efficiency is commendable, with a very high percentage of its expenditures directed towards its mission. The absence of reported officer compensation further enhances its efficiency and transparency profile, as all resources appear to be directly allocated to the foundation's objectives. While specific breakdowns of program versus administrative costs aren't detailed in the provided summary, the overall low expense figures strongly imply a lean operational structure.

Transparency is also a strength, given the consistent filing of IRS Form 990s over a long period. The consistent growth in assets and low liabilities, such as $4,898 in liabilities against $299,541 in assets in 2022, indicate sound financial management and a low-risk profile. The foundation's financial practices appear to be robust, focusing on long-term sustainability and support for its beneficiary.

Is Jacobson Memorial Hospitalfoundation Legit?

Verdict: Jacobson Memorial Hospitalfoundation appears trustworthy