Quick charity verification for Mary M Gooley Hemophilia Center Inc (EIN: 160836536)
Verdict: Mary M Gooley Hemophilia Center Inc appears trustworthy
95/100Mission Score
$33.9MRevenue
$36.0MAssets
2Red Flags
5Strengths
Red Flags
Unusually low reported liabilities relative to assets, which could warrant further investigation into financial reporting practices, though it generally indicates strong financial health.
The consistent 0% officer compensation is highly unusual for an organization of this scale and could indicate that executive compensation is reported under other expense categories, or that the organization is entirely volunteer-led at the executive level.
Strengths
Consistent and substantial revenue growth, from $8.03 million in 2015 to $25.36 million in 2023.
Significant asset growth, increasing from $4.28 million in 2015 to $28.7 million in 2023.
Zero reported officer compensation across all filings, indicating a strong commitment to directing funds to mission.
Consistent surplus of revenue over expenses, demonstrating strong financial management and sustainability.
Low liabilities relative to assets, indicating a healthy balance sheet.
Spending Breakdown
How Mary M Gooley Hemophilia Center Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Mary M Gooley Hemophilia Center Inc
Is Mary M Gooley Hemophilia Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mary M Gooley Hemophilia Center Inc (EIN: 160836536) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is Mary M Gooley Hemophilia Center Inc a good charity to donate to?
Mary M Gooley Hemophilia Center Inc has a Mission Score of 95/100. Revenue: $33.9M. Assets: $36.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mary M Gooley Hemophilia Center Inc?
The Employer Identification Number (EIN) for Mary M Gooley Hemophilia Center Inc is 160836536. 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 Mary M Gooley Hemophilia Center Inc spend its money?
Mary M Gooley Hemophilia Center Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mary M Gooley Hemophilia Center Inc's tax-exempt status?
You can verify Mary M Gooley Hemophilia Center Inc's tax-exempt status using EIN 160836536 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
The Mary M Gooley Hemophilia Center Inc demonstrates strong financial health and consistent growth, with assets increasing from $4.28 million in 2015 to $28.7 million in 2023. The organization consistently reports zero officer compensation, which is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. Their revenue has also shown substantial growth, from $8.03 million in 2015 to $25.36 million in 2023, indicating increasing support and operational scale. The consistent surplus of revenue over expenses in recent years (e.g., $25.36 million revenue vs. $19.86 million expenses in 2023) further solidifies its financial stability.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment is challenging. However, the absence of officer compensation suggests a lean operational structure at the top. The organization's consistent growth in assets and revenue, coupled with a healthy financial surplus, implies effective management of resources. The low liabilities relative to assets (e.g., $3.34 million liabilities vs. $28.7 million assets in 2023) also points to a well-managed balance sheet.
Overall, the Mary M Gooley Hemophilia Center Inc appears to be a financially robust and transparent organization. The lack of reported officer compensation is a notable strength, indicating a strong focus on mission-driven spending. Continued growth in assets and revenue, alongside responsible financial management, suggests a healthy and sustainable operation.