Quick charity verification for Summit Health & Management Corporation (EIN: 203516756)
Verdict: Summit Health & Management Corporation appears trustworthy
85/100Mission Score
$1.8MRevenue
$3.3MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation for an organization with over $2M in revenue, which warrants further scrutiny regarding executive compensation practices or reporting.
Strengths
Consistent revenue growth, increasing from $1.43M in 2014 to over $2M in 2023.
Strong financial health with consistent surpluses, leading to significant asset accumulation from $437,895 to over $3M in a decade.
Very low liabilities relative to assets, indicating a strong balance sheet.
Apparent operational efficiency, as expenses are consistently well below revenue.
Spending Breakdown
How Summit Health & Management Corporation 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 Summit Health & Management Corporation
Is Summit Health & Management Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Summit Health & Management Corporation (EIN: 203516756) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Summit Health & Management Corporation a good charity to donate to?
Summit Health & Management Corporation has a Mission Score of 85/100. Revenue: $1.8M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Summit Health & Management Corporation?
The Employer Identification Number (EIN) for Summit Health & Management Corporation is 203516756. 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 Summit Health & Management Corporation spend its money?
Summit Health & Management Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Summit Health & Management Corporation's tax-exempt status?
You can verify Summit Health & Management Corporation's tax-exempt status using EIN 203516756 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
Summit Health & Management Corporation demonstrates strong financial health with consistent revenue growth and increasing assets over the past decade. In the latest filing (202309), the organization reported revenue of $2,022,498 against expenses of $1,431,141, resulting in a significant surplus. This trend of revenue exceeding expenses has allowed the organization to build its asset base from $437,895 in 2014 to $3,028,758 in 2023, indicating sound financial management and sustainability. The organization's liabilities remain very low, further strengthening its financial position.
The spending efficiency appears robust, as evidenced by the consistent surpluses and asset accumulation. The absence of reported officer compensation across all available filings suggests that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which could contribute to lower administrative overhead. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The organization's NTEE code P82 (Health Care Facilities and Programs) suggests a focus on direct service delivery.
Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero officer compensation is a notable point for transparency, indicating either a volunteer leadership structure or a compensation structure that is not reported in this specific line item. Further detail on the allocation of expenses would enhance transparency and allow for a more granular analysis of program efficiency.