Is University Health Systems Of Eastern Carolina Foundation Inc Legit?
Quick charity verification for University Health Systems Of Eastern Carolina Foundation Inc (EIN: 200777374)
Verdict: University Health Systems Of Eastern Carolina Foundation Inc appears trustworthy
90/100Mission Score
$11.8MRevenue
$58.9MAssets
1Red Flags
4Strengths
Red Flags
Significant year-to-year revenue and expense volatility, which could indicate reliance on unpredictable funding sources.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in resource allocation.
Substantial and consistent growth in assets, from $435,405 in 2015 to $58,890,975 currently, demonstrating strong financial management.
Revenue generally exceeds expenses, contributing to financial stability and growth.
Low liabilities relative to assets, with liabilities of $21,073,034 against assets of $51,708,150 in 2023, indicating a healthy balance sheet.
Spending Breakdown
How University Health Systems Of Eastern Carolina Foundation Inc 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 University Health Systems Of Eastern Carolina Foundation Inc
Is University Health Systems Of Eastern Carolina Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, University Health Systems Of Eastern Carolina Foundation Inc (EIN: 200777374) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is University Health Systems Of Eastern Carolina Foundation Inc a good charity to donate to?
University Health Systems Of Eastern Carolina Foundation Inc has a Mission Score of 90/100. Revenue: $11.8M. Assets: $58.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for University Health Systems Of Eastern Carolina Foundation Inc?
The Employer Identification Number (EIN) for University Health Systems Of Eastern Carolina Foundation Inc is 200777374. 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 University Health Systems Of Eastern Carolina Foundation Inc spend its money?
University Health Systems Of Eastern Carolina Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify University Health Systems Of Eastern Carolina Foundation Inc's tax-exempt status?
You can verify University Health Systems Of Eastern Carolina Foundation Inc's tax-exempt status using EIN 200777374 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
University Health Systems Of Eastern Carolina Foundation Inc demonstrates a generally strong financial position, with its assets growing significantly over the past decade, from $435,405 in 2015 to $58,890,975 currently. The organization consistently reports zero officer compensation, which is a positive indicator of efficient resource allocation towards its mission rather than executive salaries. However, the revenue and expense figures show considerable year-to-year volatility, with revenue ranging from $745,920 in 2016 to $16,444,847 in 2021, and expenses from $751,384 in 2016 to $10,091,931 in 2020. This fluctuation could indicate reliance on large, infrequent donations or project-based funding, which might pose challenges for long-term financial planning if not managed carefully. The foundation's ability to maintain substantial assets despite these fluctuations suggests effective asset management and a focus on building long-term financial stability.