Is Pasadena Health Center Inc Legit?

Quick charity verification for Pasadena Health Center Inc (EIN: 200462905)

Verdict: Pasadena Health Center Inc appears trustworthy

90/100Mission Score
$2.5MRevenue
$2.5MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Pasadena Health Center Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $5,124,842 in revenue for the 2023 period. The organization consistently operates with a surplus, indicating sound financial management, as evidenced by expenses of $4,698,398 against revenue of $5,124,842 in 2023. Their asset base has also shown significant growth, from $375,936 in 2014 to $3,780,214 in 2023, suggesting increasing capacity and stability. The organization's spending efficiency appears strong, with expenses consistently below revenue, allowing for asset accumulation. The absence of reported officer compensation across all available filings is a notable indicator of potential efficiency and a commitment to directing funds towards the mission, though it warrants further investigation to understand how leadership is compensated, if at all, or if this indicates a volunteer-led executive structure. This lack of reported compensation also contributes to a high degree of transparency regarding executive pay. Overall, Pasadena Health Center Inc exhibits robust financial health and growth. The consistent surpluses and asset growth point to a well-managed organization capable of sustaining and expanding its operations. The zero reported officer compensation is a significant positive for transparency and efficiency, assuming leadership is adequately supported through other means or volunteer efforts.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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