Is Redington Memorial Hospital Association Legit?

Quick charity verification for Redington Memorial Hospital Association (EIN: 10211548)

Verdict: Redington Memorial Hospital Association appears trustworthy

88/100Mission Score
$18.9MRevenue
$39.4MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Redington Memorial Hospital Association 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 Redington Memorial Hospital Association

Is Redington Memorial Hospital Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Redington Memorial Hospital Association (EIN: 10211548) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.

Is Redington Memorial Hospital Association a good charity to donate to?

Redington Memorial Hospital Association has a Mission Score of 88/100. Revenue: $18.9M. Assets: $39.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Redington Memorial Hospital Association?

The Employer Identification Number (EIN) for Redington Memorial Hospital Association is 10211548. 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 Redington Memorial Hospital Association spend its money?

Redington Memorial Hospital Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Redington Memorial Hospital Association's tax-exempt status?

You can verify Redington Memorial Hospital Association's tax-exempt status using EIN 10211548 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

Redington Memorial Hospital Association demonstrates consistent financial stability with a healthy asset base relative to its liabilities. Over the past decade, the organization has consistently reported positive net income, indicating effective management of its resources. For instance, in the 202406 period, revenue was $2,385,577 against expenses of $1,097,611, resulting in a significant surplus. The organization's assets have steadily grown from $28,042,632 in 201506 to $36,970,614 in 202406, while liabilities remain very low, suggesting strong financial health and minimal debt burden. The spending efficiency appears robust, as expenses are consistently well below revenue across all reported periods. The absence of reported officer compensation in the provided data suggests that executive remuneration is either not a significant expense or is not reported in this specific format, which could be a point for further inquiry regarding transparency. However, the overall financial picture indicates that the organization is effectively managing its funds and building reserves. Given the consistent surpluses and growth in assets, Redington Memorial Hospital Association appears to be a financially sound organization. The low liabilities and consistent revenue generation point to a well-managed entity. The lack of reported officer compensation in the provided data, while not necessarily a red flag, means that aspect of transparency cannot be fully assessed without more detailed information.

View Full Transparency Report →

Disclaimer

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

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