Quick charity verification for Nazarene Hospital Foundation (EIN: 202985223)
Verdict: Nazarene Hospital Foundation appears trustworthy
75/100Mission Score
$2.1MRevenue
$426KAssets
2Red Flags
3Strengths
Red Flags
Significant year-over-year revenue and expense volatility, making financial planning and stability uncertain.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a precise assessment of spending efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating a highly efficient executive cost structure.
Zero reported liabilities across all filings, suggesting strong financial management regarding debt.
Positive net assets, indicating financial solvency.
Spending Breakdown
How Nazarene Hospital Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Nazarene Hospital Foundation
Is Nazarene Hospital Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Nazarene Hospital Foundation (EIN: 202985223) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Nazarene Hospital Foundation a good charity to donate to?
Nazarene Hospital Foundation has a Mission Score of 75/100. Revenue: $2.1M. Assets: $426K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nazarene Hospital Foundation?
The Employer Identification Number (EIN) for Nazarene Hospital Foundation is 202985223. 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 Nazarene Hospital Foundation spend its money?
Nazarene Hospital Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nazarene Hospital Foundation's tax-exempt status?
You can verify Nazarene Hospital Foundation's tax-exempt status using EIN 202985223 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
Nazarene Hospital Foundation demonstrates inconsistent financial performance over the past decade, with significant fluctuations in revenue and expenses. For instance, revenue peaked at $7,076,928 in 2018 but dropped to $549,604 in 2023. While the organization consistently reports zero liabilities and zero officer compensation, which suggests a lean operational structure and good financial stewardship in those areas, the wide swings in financial activity make it challenging to assess long-term stability. The absence of reported officer compensation across all filings indicates a high degree of transparency regarding executive pay, as there is none to report.
The organization's spending efficiency is difficult to precisely determine without a detailed breakdown of program, administrative, and fundraising expenses in the provided data. However, the consistent reporting of zero liabilities is a positive indicator of financial health, as it suggests the organization is not burdened by debt. The asset base has also fluctuated, from a low of $205,384 in 2014 to a high of $1,053,991 in 2021, settling at $517,895 in 2023. This variability, coupled with the revenue and expense volatility, suggests a need for closer examination of the underlying causes of these fluctuations to fully understand its financial health and operational efficiency.
Overall, the foundation appears transparent in its executive compensation and debt management. However, the significant year-over-year financial volatility warrants further investigation to understand the drivers behind these changes and to assess the sustainability of its operations. The lack of detailed expense categories in the provided data limits a comprehensive assessment of spending efficiency.