Quick charity verification for Logan Healthcare Foundation Inc (EIN: 201337361)
Verdict: Logan Healthcare Foundation Inc appears trustworthy
85/100Mission Score
$5.3MRevenue
$11.7MAssets
1Red Flags
4Strengths
Red Flags
Highly volatile annual revenue, making financial planning challenging (e.g., $144,832 in 2022 vs. $903,156 in 2021).
Strengths
Consistent 0% officer compensation, indicating high efficiency in executive pay.
Stable and substantial asset base (over $11 million) providing financial security.
Low and stable liabilities relative to assets, suggesting good financial management.
Expenses generally align with or are below revenue in most years, preventing significant deficits (e.g., 2023: Revenue $609,966, Expenses $538,699).
Spending Breakdown
How Logan Healthcare Foundation 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 Logan Healthcare Foundation Inc
Is Logan Healthcare Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Logan Healthcare Foundation Inc (EIN: 201337361) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Logan Healthcare Foundation Inc a good charity to donate to?
Logan Healthcare Foundation Inc has a Mission Score of 85/100. Revenue: $5.3M. Assets: $11.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Logan Healthcare Foundation Inc?
The Employer Identification Number (EIN) for Logan Healthcare Foundation Inc is 201337361. 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 Logan Healthcare Foundation Inc spend its money?
Logan Healthcare Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Logan Healthcare Foundation Inc's tax-exempt status?
You can verify Logan Healthcare Foundation Inc's tax-exempt status using EIN 201337361 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
Logan Healthcare Foundation Inc demonstrates a consistent asset base, hovering around $11-12 million over the past decade, indicating financial stability. However, its revenue generation has been highly volatile, ranging from $134,517 in 2015 to $1,161,730 in 2014, and most recently $609,966 in 2023. This fluctuation suggests an unpredictable funding model, which could impact long-term planning. The organization consistently reports 0% officer compensation, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. While the provided data doesn't detail program vs. administrative expenses, the absence of executive compensation is a positive sign for transparency and resource allocation.