Is Margaretville Memorial Hospital Legit? —…

Quick charity verification for Margaretville Memorial Hospital (EIN: 150552726)

Spending Breakdown

How Margaretville Memorial Hospital 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 Margaretville Memorial Hospital

Is Margaretville Memorial Hospital a legitimate charity?

Based on AI analysis of IRS 990 filings, Margaretville Memorial Hospital (EIN: 150552726) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.

Is Margaretville Memorial Hospital a good charity to donate to?

Margaretville Memorial Hospital has a Mission Score of 65/100. Revenue: $16.4M. Assets: $6.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Margaretville Memorial Hospital?

The Employer Identification Number (EIN) for Margaretville Memorial Hospital is 150552726. 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 Margaretville Memorial Hospital spend its money?

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

How can I verify Margaretville Memorial Hospital's tax-exempt status?

You can verify Margaretville Memorial Hospital's tax-exempt status using EIN 150552726 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

Margaretville Memorial Hospital demonstrates consistent operational deficits in recent years, with expenses exceeding revenue in 8 out of the last 10 reported periods. For instance, in 2023, expenses were $18,529,256 against revenues of $16,544,761, indicating a significant shortfall. This trend suggests potential challenges in achieving financial sustainability without external support or operational adjustments. The organization's assets have fluctuated, showing a decline from $7,682,051 in 2022 to $6,610,821 in 2023, while liabilities have increased substantially from $5,503,541 to $9,722,765 in the same period, raising concerns about its long-term financial stability and debt management.

Despite these financial pressures, the hospital consistently reports 0% officer compensation, which is a positive indicator of resource allocation towards its mission rather than executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The NTEE code E22Z indicates a focus on general hospitals, suggesting that the majority of its expenses are likely directed towards direct patient care and related services, aligning with its mission as a healthcare provider.

Transparency regarding specific spending categories beyond total expenses would enhance the ability to evaluate the organization's efficiency and program focus. The consistent operational losses and increasing liabilities warrant close monitoring, but the absence of executive compensation is a notable strength in terms of resource stewardship.

Is Margaretville Memorial Hospital Legit?

Verdict: Margaretville Memorial Hospital shows mixed signals

Red Flags

Strengths