Is Monmouth Medical Center Southern Campus Foundation Inc Legit?
Quick charity verification for Monmouth Medical Center Southern Campus Foundation Inc (EIN: 222630076)
Verdict: Monmouth Medical Center Southern Campus Foundation Inc appears trustworthy
85/100Mission Score
$1.4MRevenue
$6.2MAssets
2Red Flags
4Strengths
Red Flags
Declining revenue trend from $1,963,838 in 2022 to $1,686,956 in 2023, a decrease of approximately 14%.
Consistent reporting of 0% compensation, which, while efficient for the foundation, shifts the transparency burden for executive salaries to the parent organization.
Strengths
High percentage of spending allocated to programs (90%), indicating a strong focus on its mission.
Healthy asset base, with $5,854,556 in 2023, providing financial stability.
Low administrative and fundraising costs (5% each), demonstrating efficient operations.
Consistent financial reporting over several years, enhancing transparency.
Spending Breakdown
How Monmouth Medical Center Southern Campus 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 Monmouth Medical Center Southern Campus Foundation Inc
Is Monmouth Medical Center Southern Campus Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Monmouth Medical Center Southern Campus Foundation Inc (EIN: 222630076) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Monmouth Medical Center Southern Campus Foundation Inc a good charity to donate to?
Monmouth Medical Center Southern Campus Foundation Inc has a Mission Score of 85/100. Revenue: $1.4M. Assets: $6.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Monmouth Medical Center Southern Campus Foundation Inc?
The Employer Identification Number (EIN) for Monmouth Medical Center Southern Campus Foundation Inc is 222630076. 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 Monmouth Medical Center Southern Campus Foundation Inc spend its money?
Monmouth Medical Center Southern Campus Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Monmouth Medical Center Southern Campus Foundation Inc's tax-exempt status?
You can verify Monmouth Medical Center Southern Campus Foundation Inc's tax-exempt status using EIN 222630076 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
Monmouth Medical Center Southern Campus Foundation Inc is a health care nonprofit based in Oceanport, New Jersey, with reported revenue of $1.4M and assets of $6.2M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. • The foundation consistently reports 0% compensation, indicating all staff are likely employed by the main hospital or a related entity, which can obscure true administrative costs.
• Financial filings are readily available, providing a clear historical view of revenue and expenses.
• The organization's legal structure as a foundation for a larger medical center implies a focus on fundraising for specific hospital initiatives. Executive compensation is reported as $0 across all available filings, suggesting that executive salaries are covered by the parent Monmouth Medical Center Southern Campus, making it impossible to assess the foundation's specific executive compensation practices. Revenue has declined -16% across 13 filing periods.