Is Rome Memorial Hospital Inc Legit? —…

Spending Breakdown

How Rome Memorial Hospital Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Rome Memorial Hospital Inc

Is Rome Memorial Hospital Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Rome Memorial Hospital Inc (EIN: 161471634) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Rome Memorial Hospital Inc a good charity to donate to?

Rome Memorial Hospital Inc has a Mission Score of 65/100. Revenue: $160.9M. Assets: $101.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Rome Memorial Hospital Inc?

The Employer Identification Number (EIN) for Rome Memorial Hospital Inc is 161471634. 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 Rome Memorial Hospital Inc spend its money?

Rome Memorial Hospital Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Rome Memorial Hospital Inc's tax-exempt status?

You can verify Rome Memorial Hospital Inc's tax-exempt status using EIN 161471634 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

Rome Memorial Hospital Inc. demonstrates a fluctuating financial performance over the past decade. While the organization reported a significant increase in revenue to $160,925,236 in its latest filing, the most recent detailed 990 (202312) shows expenses exceeding revenue by approximately $3.85 million ($118,945,240 in expenses vs. $115,095,740 in revenue). This trend of expenses exceeding revenue has been observed in several prior periods, including 202212, 201912, 201812, 201712, 201512, and 201412, indicating a recurring operational deficit. The organization's assets have shown growth, reaching $82,098,269 in 202312, but liabilities have also increased, standing at $39,902,674 in the same period.

The consistent reporting of 0% for officer compensation across all available filings is a notable aspect of its transparency, suggesting that executive compensation is either not reported in this section or is genuinely zero, which is unusual for an organization of this size. Without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising. However, the recurring operational deficits suggest potential challenges in managing expenses relative to revenue generation.

Overall, Rome Memorial Hospital Inc. appears to be a large healthcare provider with substantial revenue and assets. Its financial health shows periods of deficit, which warrants closer examination of its operational efficiency. The lack of reported officer compensation in the provided data is a point of interest regarding transparency, as it deviates from typical reporting for similar-sized entities.

Is Rome Memorial Hospital Inc Legit?

Verdict: Rome Memorial Hospital Inc shows mixed signals

Red Flags

Strengths