Is Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital Legit?
Quick charity verification for Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital (EIN: 200106546)
Verdict: Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital appears trustworthy
95/100Mission Score
$1.6MRevenue
$24.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $16.4M in 2014 to $24.5M currently.
Zero reported officer compensation across all 13 filings, indicating high efficiency.
Expenses consistently below revenue, leading to healthy surpluses (e.g., $996,815 revenue vs. $935,371 expenses in 2023).
Robust filing history with 13 IRS 990s, demonstrating strong transparency and compliance.
Substantial and growing asset base provides long-term financial stability.
Spending Breakdown
How Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital
Is Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital (EIN: 200106546) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital a good charity to donate to?
Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital has a Mission Score of 95/100. Revenue: $1.6M. Assets: $24.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital?
The Employer Identification Number (EIN) for Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital is 200106546. 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 Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital spend its money?
Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital's tax-exempt status?
You can verify Sharpe Strumia Research Foundation Of The Bryn Mawr Hospital's tax-exempt status using EIN 200106546 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
The Sharpe Strumia Research Foundation of The Bryn Mawr Hospital demonstrates consistent financial health with a strong asset base, currently at $24,560,991. Over the past decade, the organization has shown steady growth in assets, indicating effective financial management and investment strategies. Its revenue streams have fluctuated, with the latest reported revenue at $1,633,377, but expenses have generally remained well below revenue, leading to consistent surpluses. The foundation's commitment to its mission is evident through its program spending, which appears to be the primary allocation of its resources, aligning with its NTEE code for medical research. The absence of officer compensation reported across all available filings suggests a highly efficient use of funds, potentially relying on volunteer leadership or compensation being covered by the affiliated hospital, which enhances its spending efficiency.
Regarding transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with regulatory requirements. The detailed financial data available through these filings allows for a clear understanding of its financial operations. The consistent reporting of zero officer compensation is a significant positive indicator of financial stewardship and a focus on directing resources towards its research mission rather than executive salaries. This level of transparency in compensation practices is commendable and builds trust with potential donors and the public.
Overall, the Sharpe Strumia Research Foundation appears to be a financially sound and efficiently managed organization. Its substantial and growing asset base provides long-term stability, while its spending patterns suggest a strong dedication to its programmatic goals. The consistent reporting and lack of executive compensation further bolster its image as a transparent and responsible steward of charitable funds, making it an attractive entity for those looking to support medical research.