Quick charity verification for North Shore University Hospital (EIN: 111562701)
Verdict: North Shore University Hospital appears trustworthy
75/100Mission Score
$4.3BRevenue
$3.9BAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported on 990s, lacking transparency on executive pay.
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, hindering precise efficiency analysis.
Strengths
Consistent revenue growth, increasing from $2.01 billion in 2014 to $3.69 billion in 2023.
Maintained positive net income across all reported periods, indicating sound financial management.
Significant asset growth, nearly doubling from $2.00 billion in 2014 to $3.51 billion in 2023.
Large scale of operations, serving a critical community need as a major hospital.
Spending Breakdown
How North Shore University Hospital allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 North Shore University Hospital
Is North Shore University Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, North Shore University Hospital (EIN: 111562701) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is North Shore University Hospital a good charity to donate to?
North Shore University Hospital has a Mission Score of 75/100. Revenue: $4.3B. Assets: $3.9B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Shore University Hospital?
The Employer Identification Number (EIN) for North Shore University Hospital is 111562701. 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 North Shore University Hospital spend its money?
North Shore University Hospital allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Shore University Hospital's tax-exempt status?
You can verify North Shore University Hospital's tax-exempt status using EIN 111562701 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
North Shore University Hospital demonstrates consistent financial growth and stability over the past decade, with revenue steadily increasing from $2.01 billion in 2014 to $3.69 billion in 2023. The organization consistently operates with a positive net income, indicating sound financial management. For instance, in 2023, revenue was $3.69 billion against expenses of $3.61 billion, resulting in a surplus of approximately $83 million. Assets have also shown substantial growth, nearly doubling from $2.00 billion in 2014 to $3.51 billion in 2023, while liabilities have also increased, though at a slower pace, maintaining a healthy asset-to-liability ratio.
Regarding spending efficiency, the provided data indicates that officer compensation is consistently reported as 0%, which is unusual for an organization of this size and suggests that executive compensation may be reported under a different category or through a related entity. This lack of direct disclosure on the 990s for officer compensation could be a point of concern for transparency. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. However, the consistent positive net income suggests that the organization is managing its overall expenses effectively relative to its revenue.
Given the scale of operations and the consistent growth, North Shore University Hospital appears to be financially robust. The primary area for improved transparency would be a clearer disclosure of executive compensation and a more detailed breakdown of functional expenses to fully assess program efficiency and administrative overhead. The consistent growth in assets and revenue, coupled with positive operating margins, points to a well-managed and financially healthy institution.