Bacharach Hospital Foundation Inc
Bacharach Hospital Foundation: Declining Revenue and Asset Base Raise Concerns Amidst Stable Program Spending
EIN: 223049576 · Pomona, NJ · NTEE: E110 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $17.2M |
| Total Expenses | $6.1M |
| Program Spending | 80% |
| Net Assets | $26.2M |
| Transparency Score | 75/100 |
Is Bacharach Hospital Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bacharach Hospital Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bacharach Hospital Foundation Inc
Bacharach Hospital Foundation Inc (EIN: 223049576) is a nonprofit organization based in Pomona, NJ, classified under NTEE code E110. The organization reported total revenue of $17.2M and total assets of $33.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bacharach Hospital Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bacharach Hospital Foundation Inc is a large nonprofit that has been operating for 35 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $6.1M |
| Surplus / Deficit | $-3,349,584 |
| Total Assets | $26.3M |
| Total Liabilities | $71K |
| Net Assets | $26.2M |
| Operating Margin | -122.1% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 51.8 months |
Financial Health Grade: B
In 2023, Bacharach Hospital Foundation Inc reported a deficit of $3.3M with expenses exceeding revenue, holds 51.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Bacharach Hospital Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +141.4% | +97.3% | -10.9% |
| 2022 | -55.6% | -11.3% | -17.1% |
| 2021 | -22.9% | -19.6% | -3.8% |
| 2020 | +55.8% | -6.8% | +0.0% |
| 2019 | -51.2% | +25.2% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bacharach Hospital Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Bacharach Hospital Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific data from the filings, as the provided data does not include compensation figures.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bacharach Hospital Foundation Inc's IRS 990 filings:
- Consistent decline in total revenue over the past five years, from $4,370,871 in 2018 to $2,743,223 in 2023.
- Significant reduction in total assets, decreasing from $36,568,945 in 2018 to $26,294,990 in 2023.
- Expenses consistently exceed revenue in recent years, for example, $6,092,807 in expenses against $2,743,223 in revenue in 2023.
Strengths
The following positive indicators were identified for Bacharach Hospital Foundation Inc:
- Maintains a low liability profile, with liabilities consistently below $400,000 over the past several years.
- Consistent program spending relative to total expenses, indicating a stable commitment to its mission despite financial challenges.
Frequently Asked Questions about Bacharach Hospital Foundation Inc
Is Bacharach Hospital Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bacharach Hospital Foundation Inc (EIN: 223049576) some concerns. Mission Score: 75/100. 3 red flags identified, 2 strengths noted.
How does Bacharach Hospital Foundation Inc spend its money?
Bacharach Hospital Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bacharach Hospital Foundation Inc tax-deductible?
Bacharach Hospital Foundation Inc is registered as a tax-exempt nonprofit (EIN: 223049576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bacharach Hospital Foundation Inc's spending goes to programs?
Bacharach Hospital Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bacharach Hospital Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Bacharach Hospital Foundation Inc is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bacharach Hospital Foundation Inc located?
Bacharach Hospital Foundation Inc is headquartered in Pomona, New Jersey and files with the IRS under EIN 223049576. It is classified under NTEE code E110.
How many years of IRS 990 filings does Bacharach Hospital Foundation Inc have?
Bacharach Hospital Foundation Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $17.2M in total revenue.
What does Bacharach Hospital Foundation Inc do?
Bacharach Hospital Foundation Inc is a nonprofit organization in the Health Care sector, located in Pomona, New Jersey. It is classified under NTEE code E110.
How much revenue does Bacharach Hospital Foundation Inc have?
Bacharach Hospital Foundation Inc reported total revenue of $17,189,488. Based on 14 IRS 990 filings on record.
What are Bacharach Hospital Foundation Inc's total assets?
Bacharach Hospital Foundation Inc holds total assets of $33,388,836 as reported in IRS 990 filings.
Where is Bacharach Hospital Foundation Inc located?
Bacharach Hospital Foundation Inc is based in Pomona, New Jersey.
What is Bacharach Hospital Foundation Inc's EIN?
Bacharach Hospital Foundation Inc's Employer Identification Number (EIN) is 223049576. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bacharach Hospital Foundation Inc?
Bacharach Hospital Foundation Inc is classified under NTEE code E110 (Health Care).
Is Bacharach Hospital Foundation Inc a registered 501(c)(3)?
Yes, Bacharach Hospital Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 223049576.
Does Bacharach Hospital Foundation Inc file IRS Form 990?
Yes, Bacharach Hospital Foundation Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Bacharach Hospital Foundation Inc's revenue in 2023?
In the 202312 filing period, Bacharach Hospital Foundation Inc reported total revenue of $2,743,223, total expenses of $6,092,807, and net assets of $26,294,990.
Is Bacharach Hospital Foundation Inc's revenue growing or declining?
Bacharach Hospital Foundation Inc's revenue is growing. Revenue went from $1,136,383 (202212) to $2,743,223 (202312), a +141.4% change. Based on 14 filings on record.
What is Bacharach Hospital Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bacharach Hospital Foundation Inc covers tax period 202312. It shows revenue of $2,743,223, expenses of $6,092,807, total assets of $26,294,990, and liabilities of $71,391.
How much does Bacharach Hospital Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Bacharach Hospital Foundation Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Bacharach Hospital Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bacharach Hospital Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Bacharach Hospital Foundation Inc?
The following concerns were identified: Consistent decline in total revenue over the past five years, from $4,370,871 in 2018 to $2,743,223 in 2023.. Significant reduction in total assets, decreasing from $36,568,945 in 2018 to $26,294,990 in 2023.. Expenses consistently exceed revenue in recent years, for example, $6,092,807 in expenses against $2,743,223 in revenue in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bacharach Hospital Foundation Inc's strengths?
Positive indicators for Bacharach Hospital Foundation Inc include: Maintains a low liability profile, with liabilities consistently below $400,000 over the past several years.. Consistent program spending relative to total expenses, indicating a stable commitment to its mission despite financial challenges.. These findings are derived from AI analysis of the organization's financial filings.
How does Bacharach Hospital Foundation Inc compensate executives?
Executive compensation cannot be assessed without specific data from the filings, as the provided data does not include compensation figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent decline in both revenue and assets, what is the foundation's long-term strategy to ensure financial sustainability and continued mission delivery?
The provided data does not offer insights into the foundation's strategic plans to address the declining financial trends. A deeper dive into their annual reports or strategic documents would be necessary to understand their approach to financial sustainability.
Filing History
IRS 990 filing history for Bacharach Hospital Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Bacharach Hospital Foundation Inc's revenue has grown by 6%, moving from $2.6M to $2.7M. Total assets decreased by 27% over the same period, from $36.0M to $26.3M. Total functional expenses rose by 153.3%, from $2.4M to $6.1M. In its most recent filing year (2023), Bacharach Hospital Foundation Inc reported a deficit of $3.3M, with expenses exceeding revenue. The organization holds $71K in liabilities against $26.3M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $26.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $6.1M | $26.3M | $71K | — | — |
| 2022 | $1.1M | $3.1M | $29.5M | $25K | — | — |
| 2021 | $2.6M | $3.5M | $35.6M | $71K | — | View 990 |
| 2020 | $3.3M | $4.3M | $37.0M | $161K | — | View 990 |
| 2019 | $2.1M | $4.6M | $37.0M | $274K | — | View 990 |
| 2018 | $4.4M | $3.7M | $36.6M | $266K | — | View 990 |
| 2017 | $3.1M | $4.8M | $39.5M | $384K | — | View 990 |
| 2016 | $968K | $4.0M | $37.1M | $166K | — | View 990 |
| 2015 | $4.8M | $3.8M | $39.2M | $1.0M | — | View 990 |
| 2014 | $2.7M | $3.8M | $43.0M | $1.0M | — | View 990 |
| 2013 | $2.7M | $3.2M | $42.9M | $829K | — | View 990 |
| 2012 | $5.8M | $2.9M | $39.0M | $171K | — | View 990 |
| 2011 | $3.9M | $3.3M | $33.4M | $164K | — | View 990 |
| 2010 | $2.6M | $2.4M | $36.0M | $651K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $6.1M, and assets of $26.3M (revenue +141.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $3.1M, and assets of $29.5M (revenue -55.6% year-over-year).
- 2021: Revenue of $2.6M, expenses of $3.5M, and assets of $35.6M (revenue -22.9% year-over-year).
- 2020: Revenue of $3.3M, expenses of $4.3M, and assets of $37.0M (revenue +55.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $4.6M, and assets of $37.0M (revenue -51.2% year-over-year).
- 2018: Revenue of $4.4M, expenses of $3.7M, and assets of $36.6M (revenue +42.0% year-over-year).
- 2017: Revenue of $3.1M, expenses of $4.8M, and assets of $39.5M (revenue +217.9% year-over-year).
- 2016: Revenue of $968K, expenses of $4.0M, and assets of $37.1M (revenue -80.0% year-over-year).
- 2015: Revenue of $4.8M, expenses of $3.8M, and assets of $39.2M (revenue +79.5% year-over-year).
- 2014: Revenue of $2.7M, expenses of $3.8M, and assets of $43.0M (revenue -1.9% year-over-year).
- 2013: Revenue of $2.7M, expenses of $3.2M, and assets of $42.9M (revenue -52.6% year-over-year).
- 2012: Revenue of $5.8M, expenses of $2.9M, and assets of $39.0M (revenue +50.0% year-over-year).
- 2011: Revenue of $3.9M, expenses of $3.3M, and assets of $33.4M (revenue +49.3% year-over-year).
- 2010: Revenue of $2.6M, expenses of $2.4M, and assets of $36.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bacharach Hospital Foundation Inc:
Data Sources and Methodology
This transparency report for Bacharach Hospital Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.