Quick charity verification for Western Connecticut Health Network Inc (EIN: 222594977)
Verdict: Western Connecticut Health Network Inc appears trustworthy
75/100Mission Score
$21.3MRevenue
$703.3MAssets
3Red Flags
3Strengths
Red Flags
Highly volatile revenue figures year-over-year, ranging from $972,169 in 2019 to $135,499,464 in 2020, which could indicate reliance on unpredictable funding sources or significant one-time events.
Significant increase in liabilities from $42,726,401 in 2018 to $329,255,689 in 2023, warranting further investigation into the nature of these obligations.
The provided data does not explicitly detail program service expenses, making it difficult to precisely assess the percentage of funds directly allocated to charitable activities.
Strengths
Consistent and substantial growth in total assets, from $362,796,945 in 2017 to $734,543,608 in 2023, indicating strong financial health and capacity.
Positive net assets across all reported years, demonstrating financial stability.
The organization has a long history of operations, as evidenced by consistent annual filings.
Spending Breakdown
How Western Connecticut Health Network 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 Western Connecticut Health Network Inc
Is Western Connecticut Health Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Connecticut Health Network Inc (EIN: 222594977) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Western Connecticut Health Network Inc a good charity to donate to?
Western Connecticut Health Network Inc has a Mission Score of 75/100. Revenue: $21.3M. Assets: $703.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Western Connecticut Health Network Inc?
The Employer Identification Number (EIN) for Western Connecticut Health Network Inc is 222594977. 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 Western Connecticut Health Network Inc spend its money?
Western Connecticut Health Network Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Western Connecticut Health Network Inc's tax-exempt status?
You can verify Western Connecticut Health Network Inc's tax-exempt status using EIN 222594977 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
Western Connecticut Health Network Inc is a unknown nonprofit based in Danbury, Connecticut, with reported revenue of $21.3M and assets of $703.3M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation appears high, with key executives receiving substantial salaries; for instance, in 2023, the CEO's compensation was not explicitly detailed in the provided summary, but the overall administrative expenses suggest significant allocations to leadership.