Is Laird Hospital Inc Legit?

Spending Breakdown

How Laird Hospital 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

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 Laird Hospital Inc

Is Laird Hospital Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Laird Hospital Inc (EIN: 201835779) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Laird Hospital Inc a good charity to donate to?

Laird Hospital Inc has a Mission Score of 75/100. Revenue: $30.1M. Assets: $16.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Laird Hospital Inc?

The Employer Identification Number (EIN) for Laird Hospital Inc is 201835779. 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 Laird Hospital Inc spend its money?

Laird Hospital Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Laird Hospital Inc's tax-exempt status?

You can verify Laird Hospital Inc's tax-exempt status using EIN 201835779 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

Laird Hospital Inc. demonstrates a consistent operational profile over the past decade, with annual revenues and expenses generally in the $23M-$39M range. The organization's financial health appears stable, with revenues largely covering expenses in most years, indicating sound fiscal management. For instance, in 2022, revenues of $35,506,617 exceeded expenses of $34,307,299, resulting in a surplus. However, there have been periods, such as 2019 and 2016, where expenses slightly outpaced revenue, suggesting tight margins at times. The significant fluctuation in assets, peaking at $76,510,652 in 2021 and then dropping to $14,571,017 in 2022, warrants further investigation to understand the underlying causes, such as asset sales or revaluation, as this represents a substantial change in the organization's balance sheet structure.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent zero reported for officer compensation across all filings suggests either a highly unusual compensation structure where officers are not paid, or that compensation is reported under other expense categories, which could impact transparency. If officers are indeed unpaid, this would represent a significant operational efficiency. If compensation is hidden, it would be a transparency concern.

Transparency is generally good given the consistent filing of IRS Form 990s over 12 periods. However, the lack of specific expense category breakdowns (program, admin, fundraising) in the provided data limits a deeper analysis of how efficiently funds are allocated to direct services versus overhead. The zero officer compensation reported is a notable point that could be interpreted as either excellent efficiency or a lack of detailed disclosure regarding leadership remuneration.

Verdict: Laird Hospital Inc appears trustworthy

Red Flags

Strengths