Unclear executive compensation reporting (0% officer comp for a large hospital)
Consistent slight operating deficits in recent years (e.g., 2023, 2022)
Strengths
Significant growth in assets over the past decade, from $101M in 2014 to $293M in 2023, indicating financial stability and investment.
Operations generally close to break-even, typical for mission-driven hospitals.
Likely strong program spending given the nature of a hospital and the NTEE code E220 (General Hospitals).
Spending Breakdown
How Montefiore Nyack 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 Montefiore Nyack Hospital
Is Montefiore Nyack Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Montefiore Nyack Hospital (EIN: 131740119) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Montefiore Nyack Hospital a good charity to donate to?
Montefiore Nyack Hospital has a Mission Score of 75/100. Revenue: $378.1M. Assets: $309.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Montefiore Nyack Hospital?
The Employer Identification Number (EIN) for Montefiore Nyack Hospital is 131740119. 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 Montefiore Nyack Hospital spend its money?
Montefiore Nyack Hospital allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Montefiore Nyack Hospital's tax-exempt status?
You can verify Montefiore Nyack Hospital's tax-exempt status using EIN 131740119 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
Montefiore Nyack Hospital demonstrates a consistent operational pattern, with revenues generally tracking closely to expenses over the past decade. For instance, in 2023, revenues were $348,954,733 against expenses of $352,825,870, indicating a slight deficit. This trend of near break-even or slight deficits is common for hospitals, which often operate on thin margins due to their mission-driven nature and complex funding models. The organization's assets have shown significant growth, from $101,015,708 in 2014 to $293,045,651 in 2023, suggesting investment in infrastructure or reserves. The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size and may indicate that executive compensation is reported under different categories or that the hospital is part of a larger system where compensation is handled centrally. Further investigation would be needed to fully understand the executive compensation structure and its impact on overall financial health and transparency.