Quick charity verification for Memorial Hospital (EIN: 20222156)
Verdict: Memorial Hospital appears trustworthy
85/100Mission Score
$147.1MRevenue
$134.1MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported across all 990 filings, lacking transparency on executive pay.
Strengths
Consistent and significant revenue growth, from $14.6M in 2014 to $113.5M in 2023.
High proportion of expenses dedicated to program services (estimated 90%), indicating strong mission focus.
Healthy asset growth, from $76.3M in 2014 to $127.1M in 2023, suggesting financial stability.
Positive net income in most years, indicating sustainable operations (e.g., $8.2M in 2023).
Spending Breakdown
How Memorial Hospital allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Hospital
Is Memorial Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Memorial Hospital (EIN: 20222156) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Memorial Hospital a good charity to donate to?
Memorial Hospital has a Mission Score of 85/100. Revenue: $147.1M. Assets: $134.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Memorial Hospital?
The Employer Identification Number (EIN) for Memorial Hospital is 20222156. 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 Hospital spend its money?
Memorial Hospital allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Memorial Hospital's tax-exempt status?
You can verify Memorial Hospital's tax-exempt status using EIN 20222156 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 Hospital demonstrates consistent financial growth and a strong commitment to its program services, as evidenced by its increasing revenue from $14.6 million in 2014 to $113.5 million in 2023. The organization consistently spends a high proportion of its expenses on programs, with an estimated 90% dedicated to its mission. This indicates efficient use of donor funds and a focus on delivering healthcare services. The hospital's assets have also grown significantly, from $76.3 million in 2014 to $127.1 million in 2023, suggesting sound financial management and capacity for future growth.
However, a notable aspect of Memorial Hospital's filings is the consistent reporting of 0% for officer compensation across all available periods. While this could indicate that executive compensation is reported under other expense categories or that officers are compensated by an affiliated entity, it creates a lack of direct transparency regarding executive pay within these specific 990 filings. Further investigation into the detailed expense breakdowns would be necessary to fully understand the compensation structure.
Overall, Memorial Hospital appears to be a financially healthy organization with a strong program focus. The consistent growth in revenue and assets, coupled with a high program spending ratio, points to effective operations. Addressing the clarity around executive compensation reporting would further enhance its transparency.