Quick charity verification for Prime Healthcare Foundation Inc (EIN: 208065139)
Verdict: Prime Healthcare Foundation Inc appears trustworthy
70/100Mission Score
$1.1BRevenue
$2.1BAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits in recent years (e.g., $40.9M in 2023, $29.9M in 2022) could indicate unsustainable spending patterns.
0% officer compensation reported on all 990 filings, which is highly unusual for an organization of this scale and suggests a lack of transparency regarding executive pay structure.
Strengths
Substantial asset base, exceeding $1.8 billion in 2023, provides significant financial stability and capacity.
Consistent high revenue generation, typically over $700 million annually, indicating a large operational scale and impact in the healthcare sector.
Operates as a major healthcare provider (NTEE E20 - Hospitals), suggesting a direct and significant contribution to public health services.
Spending Breakdown
How Prime Healthcare Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Prime Healthcare Foundation Inc
Is Prime Healthcare Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Prime Healthcare Foundation Inc (EIN: 208065139) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Prime Healthcare Foundation Inc a good charity to donate to?
Prime Healthcare Foundation Inc has a Mission Score of 70/100. Revenue: $1.1B. Assets: $2.1B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Prime Healthcare Foundation Inc?
The Employer Identification Number (EIN) for Prime Healthcare Foundation Inc is 208065139. 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 Prime Healthcare Foundation Inc spend its money?
Prime Healthcare Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Prime Healthcare Foundation Inc's tax-exempt status?
You can verify Prime Healthcare Foundation Inc's tax-exempt status using EIN 208065139 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
Prime Healthcare Foundation Inc. operates as a substantial healthcare provider, consistently reporting over $700 million in annual revenue and expenses. The organization has shown a trend of expenses exceeding revenue in recent years, with a deficit of $40,906,606 in 2023 and $29,952,055 in 2022. Despite these operational deficits, its asset base remains robust, exceeding $1.8 billion in 2023, indicating significant financial capacity. The consistent reporting of 0% officer compensation across all available filings suggests a unique executive compensation structure, potentially through a related for-profit entity, which warrants further investigation for complete transparency.
The foundation's financial health appears stable due to its substantial assets, but the recurring operational deficits could be a concern if not managed effectively over the long term. The lack of reported officer compensation on the 990s, while not inherently a red flag, does limit the transparency into how executive leadership is compensated, which is a key aspect of assessing spending efficiency in large organizations. Given its NTEE code (E20 - Hospitals), a significant portion of its expenses would naturally be program-related, but without a detailed functional expense breakdown, a precise assessment of spending efficiency is challenging.