Quick charity verification for Nascentia Health Inc (EIN: 161483069)
Verdict: Nascentia Health Inc appears trustworthy
85/100Mission Score
$3.2MRevenue
$49.6MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue, potentially obscuring true leadership costs.
Strengths
Consistent balanced budgets with revenues closely matching expenses across all periods.
Significant and sustained asset growth, from $15.8M in 2014 to $45.6M in 2023, indicating strong financial management.
Very low liabilities relative to assets, demonstrating strong financial solvency.
Stable revenue generation over the past decade, showing consistent operational capacity.
Spending Breakdown
How Nascentia Health Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Nascentia Health Inc
Is Nascentia Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nascentia Health Inc (EIN: 161483069) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Nascentia Health Inc a good charity to donate to?
Nascentia Health Inc has a Mission Score of 85/100. Revenue: $3.2M. Assets: $49.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nascentia Health Inc?
The Employer Identification Number (EIN) for Nascentia Health Inc is 161483069. 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 Nascentia Health Inc spend its money?
Nascentia Health Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nascentia Health Inc's tax-exempt status?
You can verify Nascentia Health Inc's tax-exempt status using EIN 161483069 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
Nascentia Health Inc. demonstrates consistent financial stability with revenues closely matching expenses across all reported periods, indicating a balanced operational budget. The organization has shown significant asset growth, from $15,892,921 in 2014 to $45,631,134 in 2023, suggesting effective asset management and potentially reinvestment. Liabilities remain a very small fraction of total assets, further reinforcing financial health.
The organization's transparency is high regarding executive compensation, as all filings consistently report 0% officer compensation, which is unusual for an organization of this size and revenue. This could indicate that executive salaries are reported under other expense categories or that the organization operates with a unique compensation structure. Further investigation into their functional expense breakdown would be necessary to fully assess spending efficiency, as the provided data does not detail program, administrative, or fundraising expenses.
Overall, Nascentia Health Inc. appears to be a financially sound organization with strong asset growth and a commitment to balancing its budget. The lack of reported officer compensation is a notable point for further inquiry regarding their operational transparency and how leadership is compensated.