Bristol Hospital And Health Care Group Inc
Bristol Hospital: Financial Volatility Amidst Consistent Program Spending
EIN: 222577726 · Bristol, CT · NTEE: E21Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $4.0M |
| Program Spending | 85% |
| Net Assets | $-30,865,050 |
| Transparency Score | 75/100 |
Is Bristol Hospital And Health Care Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bristol Hospital And Health Care Group Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bristol Hospital And Health Care Group Inc
Bristol Hospital And Health Care Group Inc (EIN: 222577726) is a nonprofit organization based in Bristol, CT, classified under NTEE code E21Z. The organization reported total revenue of $4.6M and total assets of $34.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bristol Hospital And Health Care Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bristol Hospital And Health Care Group Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $4.0M |
| Surplus / Deficit | $-1,192,307 |
| Total Assets | $-28,379,104 |
| Total Liabilities | $2.5M |
| Net Assets | $-30,865,050 |
| Operating Margin | -43.0% |
| Months of Reserves | -85.9 months |
Financial Health Grade: D
In 2023, Bristol Hospital And Health Care Group Inc reported a deficit of $1.2M with expenses exceeding revenue, holds -85.9 months of operating reserves (limited).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.4% | +98.3% | — |
| 2022 | +323.4% | +768.8% | -217.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Bristol Hospital And Health Care Group 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: 85%
- fundraising: 5%
According to IRS 990 filings, Bristol Hospital And Health Care Group Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.2M, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the given data, preventing a specific assessment of individual salaries or benefits.
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 Bristol Hospital And Health Care Group Inc's IRS 990 filings:
- Significant negative net assets of -$28,379,104 in 2023, raising concerns about long-term financial stability.
- Large swings in net assets year-over-year (e.g., from $9,180,624 in 2021 to -$10,758,682 in 2022), indicating potential financial instability or significant one-time events.
- Lack of detailed expense breakdown beyond 'x' makes it difficult to fully assess operational efficiency and resource allocation.
Strengths
The following positive indicators were identified for Bristol Hospital And Health Care Group Inc:
- Consistent reporting of 0% compensation from related parties across all available years.
- Demonstrated ability to generate revenue, increasing from $342,206 in 2021 to $2,773,119 in 2023.
- The organization has maintained a physical presence in Bristol, CT, suggesting continued community engagement.
Frequently Asked Questions about Bristol Hospital And Health Care Group Inc
Is Bristol Hospital And Health Care Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bristol Hospital And Health Care Group Inc (EIN: 222577726) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Bristol Hospital And Health Care Group Inc spend its money?
Bristol Hospital And Health Care Group Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bristol Hospital And Health Care Group Inc tax-deductible?
Bristol Hospital And Health Care Group Inc is registered as a tax-exempt nonprofit (EIN: 222577726). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bristol Hospital And Health Care Group Inc's spending goes to programs?
Bristol Hospital And Health Care Group Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bristol Hospital And Health Care Group Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Bristol Hospital And Health Care Group Inc is above average for NTEE category E21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bristol Hospital And Health Care Group Inc located?
Bristol Hospital And Health Care Group Inc is headquartered in Bristol, Connecticut and files with the IRS under EIN 222577726. It is classified under NTEE code E21Z.
How many years of IRS 990 filings does Bristol Hospital And Health Care Group Inc have?
Bristol Hospital And Health Care Group Inc has 13 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 $4.6M in total revenue.
What does Bristol Hospital And Health Care Group Inc do?
Bristol Hospital And Health Care Group Inc is a nonprofit organization in the Health Care sector, located in Bristol, Connecticut. It is classified under NTEE code E21Z.
How much revenue does Bristol Hospital And Health Care Group Inc have?
Bristol Hospital And Health Care Group Inc reported total revenue of $4,587,801. Based on 13 IRS 990 filings on record.
What are Bristol Hospital And Health Care Group Inc's total assets?
Bristol Hospital And Health Care Group Inc holds total assets of $34,740,595 as reported in IRS 990 filings.
Where is Bristol Hospital And Health Care Group Inc located?
Bristol Hospital And Health Care Group Inc is based in Bristol, Connecticut.
What is Bristol Hospital And Health Care Group Inc's EIN?
Bristol Hospital And Health Care Group Inc's Employer Identification Number (EIN) is 222577726. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bristol Hospital And Health Care Group Inc?
Bristol Hospital And Health Care Group Inc is classified under NTEE code E21Z (Health Care).
Is Bristol Hospital And Health Care Group Inc a registered 501(c)(3)?
Yes, Bristol Hospital And Health Care Group Inc is recognized as a tax-exempt organization by the IRS. EIN: 222577726.
Does Bristol Hospital And Health Care Group Inc file IRS Form 990?
Yes, Bristol Hospital And Health Care Group Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Bristol Hospital And Health Care Group Inc's revenue in 2023?
In the 202309 filing period, Bristol Hospital And Health Care Group Inc reported total revenue of $2,773,119, total expenses of $3,965,426, and net assets of $-28,379,104.
Is Bristol Hospital And Health Care Group Inc's revenue growing or declining?
Bristol Hospital And Health Care Group Inc's revenue is growing. Revenue went from $1,449,027 (202209) to $2,773,119 (202309), a +91.4% change. Based on 13 filings on record.
What is Bristol Hospital And Health Care Group Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bristol Hospital And Health Care Group Inc covers tax period 202309. It shows revenue of $2,773,119, expenses of $3,965,426, total assets of $-28,379,104, and liabilities of $2,485,946.
How much does Bristol Hospital And Health Care Group Inc spend on programs vs administration?
Based on IRS 990 analysis, Bristol Hospital And Health Care Group Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Bristol Hospital And Health Care Group Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bristol Hospital And Health Care Group Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Bristol Hospital And Health Care Group Inc?
The following concerns were identified: Significant negative net assets of -$28,379,104 in 2023, raising concerns about long-term financial stability.. Large swings in net assets year-over-year (e.g., from $9,180,624 in 2021 to -$10,758,682 in 2022), indicating potential financial instability or significant one-time events.. Lack of detailed expense breakdown beyond 'x' makes it difficult to fully assess operational efficiency and resource allocation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bristol Hospital And Health Care Group Inc's strengths?
Positive indicators for Bristol Hospital And Health Care Group Inc include: Consistent reporting of 0% compensation from related parties across all available years.. Demonstrated ability to generate revenue, increasing from $342,206 in 2021 to $2,773,119 in 2023.. The organization has maintained a physical presence in Bristol, CT, suggesting continued community engagement.. These findings are derived from AI analysis of the organization's financial filings.
How does Bristol Hospital And Health Care Group Inc compensate executives?
Executive compensation details are not explicitly provided in the given data, preventing a specific assessment of individual salaries or benefits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the drastic decrease in net assets from $9,180,624 in 2021 to -$10,758,682 in 2022, and further to -$28,379,104 in 2023?
The provided data does not specify the exact reasons for these significant declines in net assets. It could be due to substantial operational losses, investment losses, or significant capital expenditures not offset by revenue, requiring further investigation into their detailed financial statements.
Given the substantial negative net assets, how is Bristol Hospital sustaining its operations and what is its strategy for financial recovery?
While the data shows negative net assets, the organization continues to report revenue and expenses, indicating ongoing operations. Sustaining operations with negative net assets often relies on cash flow management, debt financing, or external support. A strategy for recovery would likely involve cost reduction, revenue enhancement, or capital campaigns, which are not detailed in this dataset.
Filing History
IRS 990 filing history for Bristol Hospital And Health Care Group Inc showing financial trends over 13 years of public records:
Total assets decreased by 278.6% over the same period, from $15.9M to $-28,379,104. In its most recent filing year (2023), Bristol Hospital And Health Care Group Inc reported a deficit of $1.2M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $4.0M | $-28,379,104 | $2.5M | — | — |
| 2022 | $1.4M | $2.0M | $-10,758,682 | $946K | — | View 990 |
| 2021 | $342K | $230K | $9.2M | $386K | — | View 990 |
| 2020 | $0 | $0 | $18.1M | $0 | — | View 990 |
| 2019 | $0 | $0 | $18.4M | $0 | — | View 990 |
| 2018 | $0 | $0 | $38.2M | $0 | — | View 990 |
| 2017 | $0 | $0 | $26.0M | $0 | — | View 990 |
| 2016 | $0 | $0 | $19.4M | $0 | — | View 990 |
| 2015 | $0 | $0 | $22.9M | $0 | — | View 990 |
| 2014 | $0 | $0 | $29.4M | $0 | — | View 990 |
| 2013 | $0 | $0 | $28.6M | $0 | — | View 990 |
| 2012 | $175 | $0 | $18.2M | $0 | — | View 990 |
| 2011 | $0 | $0 | $15.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $4.0M, and assets of $-28,379,104 (revenue +91.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $2.0M, and assets of $-10,758,682 (revenue +323.4% year-over-year).
- 2021: Revenue of $342K, expenses of $230K, and assets of $9.2M.
- 2020: Revenue of $0, expenses of $0, and assets of $18.1M.
- 2019: Revenue of $0, expenses of $0, and assets of $18.4M.
- 2018: Revenue of $0, expenses of $0, and assets of $38.2M.
- 2017: Revenue of $0, expenses of $0, and assets of $26.0M.
- 2016: Revenue of $0, expenses of $0, and assets of $19.4M.
- 2015: Revenue of $0, expenses of $0, and assets of $22.9M.
- 2014: Revenue of $0, expenses of $0, and assets of $29.4M.
- 2013: Revenue of $0, expenses of $0, and assets of $28.6M (revenue -100.0% year-over-year).
- 2012: Revenue of $175, expenses of $0, and assets of $18.2M.
- 2011: Revenue of $0, expenses of $0, and assets of $15.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bristol Hospital And Health Care Group Inc:
Data Sources and Methodology
This transparency report for Bristol Hospital And Health Care Group 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.