Quick charity verification for The New London Hospital Association Inc (EIN: 20222171)
Verdict: The New London Hospital Association Inc appears trustworthy
85/100Mission Score
$100.2MRevenue
$127.4MAssets
2Red Flags
4Strengths
Red Flags
Unexplained 0% officer compensation for a large organization
Lack of detailed breakdown for program vs. administrative vs. fundraising expenses in provided data
Strengths
Consistent revenue growth over multiple periods (e.g., $67.1M in 202106 to $94.5M in 202306)
Positive net income in most recent periods (e.g., $7.8M in 202306, $8.2M in 202206)
Growing asset base, indicating increasing financial capacity ($114.1M in 202106 to $118.2M in 202306)
Healthy asset-to-liability ratio, suggesting good solvency
Spending Breakdown
How The New London Hospital Association Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 New London Hospital Association Inc
Is The New London Hospital Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The New London Hospital Association Inc (EIN: 20222171) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is The New London Hospital Association Inc a good charity to donate to?
The New London Hospital Association Inc has a Mission Score of 85/100. Revenue: $100.2M. Assets: $127.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The New London Hospital Association Inc?
The Employer Identification Number (EIN) for The New London Hospital Association Inc is 20222171. 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 New London Hospital Association Inc spend its money?
The New London Hospital Association Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The New London Hospital Association Inc's tax-exempt status?
You can verify The New London Hospital Association Inc's tax-exempt status using EIN 20222171 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 New London Hospital Association Inc. demonstrates a generally stable financial position with consistent revenue growth over the past several years, reaching $94,507,808 in the 202306 period. The organization has maintained a positive net income in most recent periods, indicating sound financial management. Its assets have also shown steady growth, reaching $118,204,798 in 202306, suggesting a healthy balance sheet.
Spending efficiency appears to be reasonable, with expenses generally tracking below revenue, allowing for reinvestment or accumulation of reserves. The consistent reporting of 0% for officer compensation across all available filings is a notable aspect of its transparency, indicating that executive compensation is either not reported in this section or is genuinely zero, which would be highly unusual for an organization of this size. Further investigation into how executive compensation is reported or structured would be beneficial for a complete transparency assessment.
Overall, the organization appears to be financially healthy and growing, with a good track record of managing its finances. The lack of reported officer compensation in the provided data is a point that warrants further scrutiny for a full transparency evaluation.