Cedars Sinai Health System
EIN: 300990905 · Los Angeles, CA · NTEE: E21
Is Cedars Sinai Health System Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cedars Sinai Health System
Cedars Sinai Health System (EIN: 300990905) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code E21. The organization reported total revenue of $41.3M and total assets of $3.5B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cedars Sinai Health System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cedars Sinai Health System is a large nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41.2M |
| Total Expenses | $41.8M |
| Surplus / Deficit | $-568,129 |
| Total Assets | $3.3B |
| Total Liabilities | $1.5B |
| Net Assets | $1.8B |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 45.4% |
| Months of Reserves | 957.3 months |
Financial Health Grade: B
In 2023, Cedars Sinai Health System reported a deficit of $568K with expenses exceeding revenue, holds 957.3 months of operating reserves (strong position), has a debt-to-asset ratio of 45.4% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cedars Sinai Health System 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 Cedars Sinai Health System 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $568K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.4%.
Frequently Asked Questions about Cedars Sinai Health System
Is Cedars Sinai Health System a legitimate charity?
Based on AI analysis of IRS 990 filings, Cedars Sinai Health System (EIN: 300990905) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cedars Sinai Health System spend its money?
Detailed spending breakdown data is not yet available for Cedars Sinai Health System. Check back for updated IRS 990 analysis.
Are donations to Cedars Sinai Health System tax-deductible?
Cedars Sinai Health System is registered as a tax-exempt nonprofit (EIN: 300990905). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Cedars Sinai Health System showing financial trends over 7 years of public records:
Total assets increased by 381167.2% over the same period, from $875K to $3.3B. Total functional expenses rose by 33353.9%, from $125K to $41.8M. In its most recent filing year (2023), Cedars Sinai Health System reported a deficit of $568K, with expenses exceeding revenue. The organization holds $1.5B in liabilities against $3.3B in assets (debt-to-asset ratio: 45.4%), resulting in net assets of $1.8B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41.2M | $41.8M | $3.3B | $1.5B | — | — |
| 2022 | $0 | $283K | $3.3B | $1.5B | — | View 990 |
| 2021 | $0 | $125K | $626.3M | $1.0M | — | View 990 |
| 2020 | $0 | $0 | $626.4M | $1.0M | — | View 990 |
| 2019 | $0 | $0 | $626.4M | $1.0M | — | View 990 |
| 2018 | $0 | $850 | $874K | $1.0M | — | View 990 |
| 2017 | $0 | $125K | $875K | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41.2M, expenses of $41.8M, and assets of $3.3B.
- 2022: Revenue of $0, expenses of $283K, and assets of $3.3B.
- 2021: Revenue of $0, expenses of $125K, and assets of $626.3M.
- 2020: Revenue of $0, expenses of $0, and assets of $626.4M.
- 2019: Revenue of $0, expenses of $0, and assets of $626.4M.
- 2018: Revenue of $0, expenses of $850, and assets of $874K.
- 2017: Revenue of $0, expenses of $125K, and assets of $875K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cedars Sinai Health System:
Data Sources and Methodology
This transparency report for Cedars Sinai Health System 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.