Is The Frederick Ferris Thompson Hospi Tal Legit?

Quick charity verification for The Frederick Ferris Thompson Hospi Tal (EIN: 160743024)

Verdict: The Frederick Ferris Thompson Hospi Tal appears trustworthy

75/100Mission Score

$236.3MRevenue

$209.2MAssets

2Red Flags

4Strengths

Red Flags

Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further scrutiny.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits full spending efficiency analysis.

Strengths

Consistent revenue growth over the past decade, from $114M in 2014 to $211M in 2023.
Steady growth in assets, indicating increasing financial capacity and stability.
Generally stable financial operations with expenses closely aligned with revenues.
Positive net assets (Assets exceeding Liabilities) maintained throughout the period.

Spending Breakdown

How The Frederick Ferris Thompson Hospi Tal allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 The Frederick Ferris Thompson Hospi Tal

Is The Frederick Ferris Thompson Hospi Tal a legitimate charity?

Based on AI analysis of IRS 990 filings, The Frederick Ferris Thompson Hospi Tal (EIN: 160743024) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is The Frederick Ferris Thompson Hospi Tal a good charity to donate to?

The Frederick Ferris Thompson Hospi Tal has a Mission Score of 75/100. Revenue: $236.3M. Assets: $209.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Frederick Ferris Thompson Hospi Tal?

The Employer Identification Number (EIN) for The Frederick Ferris Thompson Hospi Tal is 160743024. 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 The Frederick Ferris Thompson Hospi Tal spend its money?

The Frederick Ferris Thompson Hospi Tal allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Frederick Ferris Thompson Hospi Tal's tax-exempt status?

You can verify The Frederick Ferris Thompson Hospi Tal's tax-exempt status using EIN 160743024 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 Frederick Ferris Thompson Hospital demonstrates consistent financial activity, with revenues generally keeping pace with or slightly exceeding expenses over the past decade. For instance, in 2023, the organization reported revenues of $211,238,461 against expenses of $212,205,452, indicating a slight operational deficit for that year. However, in 2021, it showed a surplus with revenues of $183,027,085 and expenses of $170,859,462. The organization's assets have grown steadily, from $117,309,695 in 2014 to $195,076,012 in 2023, suggesting a healthy accumulation of resources. Liabilities have also increased, but at a rate that appears manageable relative to asset growth.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent operational scale and growth in assets suggest that the organization is effectively managing its resources to deliver its mission. The absence of reported officer compensation across all available filings is a notable point regarding transparency, as it could indicate that executive compensation is not reported in this section or that the organization operates with a unique compensation structure.

Overall, the hospital appears to be in a stable financial position, capable of sustaining its operations. The growth in revenue and assets over the long term indicates a robust and expanding organization. Further details on the allocation of expenses would provide a more complete picture of its spending efficiency and program impact.

View Full Transparency Report →

Disclaimer

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