Is Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc Legit?
Quick charity verification for Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc (EIN: 16056516)
Verdict: Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc appears trustworthy
80/100Mission Score
$189KRevenue
$510KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown in summary data, making program efficiency hard to fully assess.
Strengths
Consistently low liabilities ($0 or $1) indicating strong financial stability.
0% officer compensation across all filings, suggesting highly efficient administrative costs.
Consistent IRS 990 filing history, demonstrating good transparency over time.
Stable asset base around $500,000, providing a reliable endowment for its mission.
Spending Breakdown
How Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc
Is Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc (EIN: 16056516) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
Is Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc a good charity to donate to?
Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc has a Mission Score of 80/100. Revenue: $189K. Assets: $510K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc?
The Employer Identification Number (EIN) for Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc is 16056516. 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 Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc spend its money?
Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc's tax-exempt status?
You can verify Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc's tax-exempt status using EIN 16056516 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
Trust U/W Lucy W Hardy B/O H D Goodall Hospital Inc appears to be a relatively small, stable organization based on its IRS 990 filings. Its assets have consistently been around the half-million dollar mark, with the latest reported assets at $510,356. Revenue has fluctuated, with a notable peak of $188,754 in the latest period, but generally ranges from $12,000 to $79,000 in prior years. Expenses have remained relatively consistent, typically in the $27,000-$41,000 range, suggesting predictable operational costs.
The organization demonstrates strong financial health in terms of liabilities, consistently reporting $0 or $1, indicating virtually no debt. This is a significant positive. However, without detailed expense breakdowns beyond total expenses, it's challenging to fully assess spending efficiency and program focus. The absence of officer compensation across all reported periods suggests a volunteer-led or very lean administrative structure, which can be a sign of efficiency, but also limits insight into specific administrative costs.
Transparency is moderate. The consistent filing of IRS 990s over a decade is good, providing a clear financial history. However, the summary data provided doesn't allow for a granular analysis of program spending versus administrative or fundraising costs, which is crucial for a complete transparency assessment. The NTEE code T22 (Hospital Foundations) suggests its purpose is to support a hospital, which implies its 'program' spending would likely be grants or contributions to that hospital.