Is Karen Ann Quinlan Center Of Hope Hospice Legit?
Quick charity verification for Karen Ann Quinlan Center Of Hope Hospice (EIN: 222191055)
Verdict: Karen Ann Quinlan Center Of Hope Hospice appears trustworthy
85/100Mission Score
$11.4MRevenue
$2.4MAssets
2Red Flags
3Strengths
Red Flags
Significant decline in total assets from $4,127,253 in 2021 to $2,180,190 in 2023, warranting further investigation into the cause.
Expenses have exceeded revenue in multiple years (e.g., 2022: revenue $8,521,211 vs. expenses $9,593,128), indicating potential operational deficits.
Strengths
Consistent revenue generation over several years, demonstrating stable operational funding.
Low liability-to-asset ratio, indicating good financial health in terms of debt management.
Consistent reporting of 0% compensation from related parties, suggesting strong governance regarding conflicts of interest.
AI Transparency Report
Karen Ann Quinlan Center Of Hope Hospice is a human services nonprofit based in Newton, New Jersey, with reported revenue of $11.4M and assets of $2.4M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not explicitly detailed in the provided data, but the consistent reporting of 0% compensation from related parties suggests a lack of direct financial conflicts of interest for executives. Revenue has grown +12% across 13 filing periods.