Quick charity verification for Owasso Medical Facility Inc (EIN: 203700131)
Verdict: Owasso Medical Facility Inc appears trustworthy
85/100Mission Score
$42.9MRevenue
$50.2MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is highly unusual for an organization with over $38 million in annual expenses and may indicate compensation is structured in a less transparent manner or through related entities.
Strengths
Consistent operating surplus, with revenues exceeding expenses in most reported periods (e.g., $651,350 surplus in 2023).
Significant reduction in liabilities from $37,139,578 in 2019 to $5,850,758 in 2023, indicating improved financial management.
Substantial asset base ($49,762,864 in 2023) providing financial stability.
Long history of IRS 990 filings, demonstrating commitment to regulatory compliance and transparency.
Spending Breakdown
How Owasso Medical Facility Inc 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 Owasso Medical Facility Inc
Is Owasso Medical Facility Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Owasso Medical Facility Inc (EIN: 203700131) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Owasso Medical Facility Inc a good charity to donate to?
Owasso Medical Facility Inc has a Mission Score of 85/100. Revenue: $42.9M. Assets: $50.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Owasso Medical Facility Inc?
The Employer Identification Number (EIN) for Owasso Medical Facility Inc is 203700131. 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 Owasso Medical Facility Inc spend its money?
Owasso Medical Facility Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Owasso Medical Facility Inc's tax-exempt status?
You can verify Owasso Medical Facility Inc's tax-exempt status using EIN 203700131 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
Owasso Medical Facility Inc demonstrates consistent financial stability with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $38,679,409 against expenses of $38,028,059, indicating a healthy operating surplus. The organization's assets have fluctuated but remain substantial, with $49,762,864 in 2023, providing a solid financial base for its operations. Liabilities have also varied, showing a significant reduction from $37,139,578 in 2019 to $5,850,758 in 2023, which is a positive indicator of improved financial management and reduced debt burden.
The organization's NTEE code E22 suggests it is involved in general hospital activities, which typically have high operational costs. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and financial management, indicating that top executives are not drawing salaries from the nonprofit, or at least not in a way that is reported as officer compensation on the 990. This practice can contribute to a perception of strong dedication to the mission and efficient use of funds. The consistent filing of IRS Form 990s over many years also points to a commitment to regulatory compliance and transparency.