Substantial revenue growth in the most recent filing (202306: $10,015,612).
Healthy asset growth, particularly in the latest period ($11,654,779 in 202306).
Revenue significantly exceeded expenses in the latest period, indicating financial health ($10,015,612 revenue vs. $3,843,651 expenses in 202306).
Spending Breakdown
How Meritus Healthcare Foundation 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 Meritus Healthcare Foundation Inc
Is Meritus Healthcare Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Meritus Healthcare Foundation Inc (EIN: 10639265) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Meritus Healthcare Foundation Inc a good charity to donate to?
Meritus Healthcare Foundation Inc has a Mission Score of 90/100. Revenue: $3.9M. Assets: $12.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Meritus Healthcare Foundation Inc?
The Employer Identification Number (EIN) for Meritus Healthcare Foundation Inc is 10639265. 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 Meritus Healthcare Foundation Inc spend its money?
Meritus Healthcare Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Meritus Healthcare Foundation Inc's tax-exempt status?
You can verify Meritus Healthcare Foundation Inc's tax-exempt status using EIN 10639265 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
Meritus Healthcare Foundation Inc. demonstrates a fluctuating but generally positive financial trajectory, particularly in its most recent filing where revenue significantly outpaced expenses ($10,015,612 revenue vs. $3,843,651 expenses in 202306). This indicates strong fundraising or investment performance. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the absence of executive compensation suggests a lean operational structure. The substantial increase in assets from $5,171,160 in 202206 to $11,654,779 in 202306, alongside a rise in liabilities, warrants further investigation to understand the nature of these financial movements, but overall asset growth is positive.