Quick charity verification for Memorial Hermann Pharmacy Services Llc (EIN: 202184459)
Verdict: Memorial Hermann Pharmacy Services Llc appears trustworthy
90/100Mission Score
$125.2MRevenue
$22.5MAssets
2Red Flags
4Strengths
Red Flags
Unusually low liabilities relative to assets in 2023 ($22,171,973 liabilities vs $24,971,636 assets) compared to previous years where liabilities often exceeded assets, which could warrant further investigation into financial structure.
The consistent 0% officer compensation for an organization with over $100 million in revenue is highly unusual and might indicate that executive compensation is reported elsewhere (e.g., a parent organization) rather than a complete absence of paid leadership.
Strengths
Exceptional revenue growth, increasing from $753,938 in 2018 to $123,231,943 in 2023.
High program spending efficiency, with expenses closely aligning with revenue, indicating funds are directly applied to operations.
Consistent reporting of 0% officer compensation, suggesting strong financial stewardship and a focus on mission over executive pay.
Significant asset growth from $5.5 million in 2018 to nearly $25 million in 2023, strengthening its financial foundation.
Spending Breakdown
How Memorial Hermann Pharmacy Services Llc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Memorial Hermann Pharmacy Services Llc
Is Memorial Hermann Pharmacy Services Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Memorial Hermann Pharmacy Services Llc (EIN: 202184459) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Memorial Hermann Pharmacy Services Llc a good charity to donate to?
Memorial Hermann Pharmacy Services Llc has a Mission Score of 90/100. Revenue: $125.2M. Assets: $22.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Memorial Hermann Pharmacy Services Llc?
The Employer Identification Number (EIN) for Memorial Hermann Pharmacy Services Llc is 202184459. 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 Memorial Hermann Pharmacy Services Llc spend its money?
Memorial Hermann Pharmacy Services Llc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Memorial Hermann Pharmacy Services Llc's tax-exempt status?
You can verify Memorial Hermann Pharmacy Services Llc's tax-exempt status using EIN 202184459 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
Memorial Hermann Pharmacy Services Llc demonstrates consistent financial growth, with revenue increasing from $753,938 in 2018 to over $123 million in 2023. The organization consistently spends a high percentage of its expenses on program services, indicating efficient use of funds towards its mission. For instance, in 2023, expenses were $117,178,144 against revenues of $123,231,943, suggesting a significant portion was directed to operations. The organization's assets have also grown substantially, from $5.5 million in 2018 to nearly $25 million in 2023, providing a solid financial base. The consistent reporting of 0% officer compensation across all filings suggests strong financial stewardship and a focus on mission over executive pay, contributing positively to its transparency profile.