Is Umass Memorial Health Care Inc Legit? —…

Quick charity verification for Umass Memorial Health Care Inc (EIN: 134366504)

Red Flags

Consistent and significant operating deficits across all ten filing periods (e.g., $9.27 million deficit in 2021).
No officer compensation reported in any filing, raising transparency concerns about leadership costs.
Increasing liabilities relative to assets in recent years, potentially indicating growing financial strain.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency assessment.

Spending Breakdown

How Umass Memorial Health Care Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Umass Memorial Health Care Inc

Is Umass Memorial Health Care Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Umass Memorial Health Care Inc (EIN: 134366504) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Umass Memorial Health Care Inc a good charity to donate to?

Umass Memorial Health Care Inc has a Mission Score of 45/100. Revenue: $24.1M. Assets: $5.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Umass Memorial Health Care Inc?

The Employer Identification Number (EIN) for Umass Memorial Health Care Inc is 134366504. 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 Umass Memorial Health Care Inc spend its money?

Umass Memorial Health Care Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Umass Memorial Health Care Inc's tax-exempt status?

You can verify Umass Memorial Health Care Inc's tax-exempt status using EIN 134366504 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

Umass Memorial Health Care Inc. consistently reports significant operating deficits, with expenses exceeding revenue in all ten available filings. For example, in 2021, revenue was $24,087,781 while expenses were $33,362,475, indicating a deficit of over $9 million. This trend suggests a reliance on other funding sources or a strategic operational model that is not fully captured by the revenue figures alone. The organization's assets have fluctuated, reaching a high of $9,488,403 in 2016 before declining to $5,550,764 in 2021, while liabilities have generally increased, indicating potential financial strain or strategic debt management.

The organization's financial health appears challenged by its consistent operating losses. While the NTEE code E21 (General Hospitals) often involves complex funding structures, the persistent gap between revenue and expenses warrants closer examination. The absence of reported officer compensation across all filings could indicate that executive salaries are either not reported in this section, are covered by a related entity, or are genuinely zero, which would be unusual for an organization of this size. This lack of detail impacts transparency regarding leadership costs.

Given the consistent operating deficits and the lack of reported officer compensation, a deeper dive into the organization's funding model and expense allocation would be necessary for a complete financial assessment. The increasing liabilities relative to assets in recent years also suggests a need for careful financial oversight. Without a breakdown of program, administrative, and fundraising expenses, it's difficult to assess spending efficiency directly from the provided data.

Is Umass Memorial Health Care Inc Legit?

Verdict: Umass Memorial Health Care Inc shows mixed signals