Caverna Memorial Hospital Inc
EIN: 610654135 · Horse Cave, KY
| Metric | Value |
|---|---|
| Total Expenses | $14.3M |
| Net Assets | $1.6M |
Is Caverna Memorial Hospital Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Caverna Memorial Hospital Inc
Caverna Memorial Hospital Inc (EIN: 610654135) is a nonprofit organization based in Horse Cave, KY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caverna Memorial Hospital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caverna Memorial Hospital Inc is a large nonprofit, with 3 years of IRS 990 filings on record (2012–2014). Revenue has grown at a compound annual rate of -8.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.6M |
| Total Expenses | $14.3M |
| Surplus / Deficit | $-2,756,312 |
| Total Assets | $8.6M |
| Total Liabilities | $7.1M |
| Net Assets | $1.6M |
| Operating Margin | -23.8% |
| Debt-to-Asset Ratio | 81.8% |
| Months of Reserves | 7.2 months |
Financial Health Grade: C
In 2014, Caverna Memorial Hospital Inc reported a deficit of $2.8M with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 81.8% (high leverage).
Financial Trends
Over 3 years of filings (2012–2014), Caverna Memorial Hospital Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -16.1% | +1.8% | -14.8% |
| 2013 | +0.5% | +2.6% | +19.7% |
AI Analysis Pending
AI enrichment for Caverna Memorial Hospital Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Caverna Memorial Hospital Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.8%.
Frequently Asked Questions about Caverna Memorial Hospital Inc
Is Caverna Memorial Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Caverna Memorial Hospital Inc (EIN: 610654135) insufficient data. 0 red flags identified, 0 strengths noted.
How does Caverna Memorial Hospital Inc spend its money?
Detailed spending breakdown data is not yet available for Caverna Memorial Hospital Inc. Check back for updated IRS 990 analysis.
Are donations to Caverna Memorial Hospital Inc tax-deductible?
Caverna Memorial Hospital Inc is registered as a tax-exempt nonprofit (EIN: 610654135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Caverna Memorial Hospital Inc located?
Caverna Memorial Hospital Inc is headquartered in Horse Cave, Kentucky and files with the IRS under EIN 610654135.
How many years of IRS 990 filings does Caverna Memorial Hospital Inc have?
Caverna Memorial Hospital Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Caverna Memorial Hospital Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2014), Caverna Memorial Hospital Inc's revenue has declined by 15.7%, moving from $13.7M to $11.6M. Total assets increased by 1.9% over the same period, from $8.5M to $8.6M. Total functional expenses rose by 4.5%, from $13.7M to $14.3M. In its most recent filing year (2014), Caverna Memorial Hospital Inc reported a deficit of $2.8M, with expenses exceeding revenue. The organization holds $7.1M in liabilities against $8.6M in assets (debt-to-asset ratio: 81.8%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $11.6M | $14.3M | $8.6M | $7.1M | — | View 990 |
| 2013 | $13.8M | $14.1M | $10.1M | $5.7M | — | View 990 |
| 2012 | $13.7M | $13.7M | $8.5M | $3.8M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $11.6M, expenses of $14.3M, and assets of $8.6M (revenue -16.1% year-over-year).
- 2013: Revenue of $13.8M, expenses of $14.1M, and assets of $10.1M (revenue +0.5% year-over-year).
- 2012: Revenue of $13.7M, expenses of $13.7M, and assets of $8.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caverna Memorial Hospital Inc:
Data Sources and Methodology
This transparency report for Caverna Memorial Hospital 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.