Cedars Sinai Marina Hospital
Cedars Sinai Marina Hospital consistently operates at a deficit, with expenses exceeding revenue in most recent years.
EIN: 201645949 · Marina Dl Rey, CA · NTEE: E20 · Updated: 2026-03-28
Is Cedars Sinai Marina Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cedars Sinai Marina Hospital directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cedars Sinai Marina Hospital
Cedars Sinai Marina Hospital (EIN: 201645949) is a nonprofit organization based in Marina Dl Rey, CA, classified under NTEE code E20. The organization reported total revenue of $171.5M and total assets of $170.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cedars Sinai Marina Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cedars Sinai Marina Hospital with a Mission Score of 65 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, Cedars Sinai Marina Hospital 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.
Executive Compensation Analysis
The IRS 990 filings for Cedars Sinai Marina Hospital consistently report 0% officer compensation, which suggests that executive salaries may be covered by a parent organization or not directly attributed to this specific entity, making direct analysis of executive pay relative to the organization's size impossible from these filings.
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 Cedars Sinai Marina Hospital's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in most recent years (e.g., $171M expenses vs $157M revenue in 2023).
- Significant increase in liabilities over time, from $36.8M in 2016 to $117.2M in 2023.
Strengths
The following positive indicators were identified for Cedars Sinai Marina Hospital:
- Substantial and growing asset base, increasing from $63.5M in 2016 to $181.7M in 2023, indicating long-term financial stability.
- Part of a larger, reputable healthcare system (Cedars Sinai), which likely provides financial and operational backing.
Frequently Asked Questions about Cedars Sinai Marina Hospital
Is Cedars Sinai Marina Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Cedars Sinai Marina Hospital (EIN: 201645949) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Cedars Sinai Marina Hospital spend its money?
Cedars Sinai Marina Hospital directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cedars Sinai Marina Hospital tax-deductible?
Cedars Sinai Marina Hospital is registered as a tax-exempt nonprofit (EIN: 201645949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Cedars Sinai Marina Hospital consistently report operational deficits?
The filings show that expenses have exceeded revenue in 6 out of 8 reported periods, including the most recent three years (2021-2023). For example, in 2023, expenses were $171,480,514 while revenue was $157,468,284.
How does the organization cover its operational deficits?
While not explicitly stated in the provided data, consistent deficits suggest reliance on accumulated reserves, investment income, or financial support from a parent organization (Cedars Sinai) to maintain operations.
What is the trend in the organization's liabilities?
Liabilities have shown a significant upward trend, increasing from $36,799,379 in 2016 to $117,161,247 in 2023, which is a substantial increase relative to assets.
Is the lack of reported officer compensation a concern for transparency?
While not necessarily a 'red flag' if compensation is handled by a parent entity, it does limit the ability to independently assess executive compensation practices for this specific hospital's operations.
Filing History
IRS 990 filing history for Cedars Sinai Marina Hospital showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Cedars Sinai Marina Hospital's revenue has grown by 95.3%, moving from $80.6M to $157.5M. Total assets increased by 186.2% over the same period, from $63.5M to $181.7M. Total functional expenses rose by 96.2%, from $87.4M to $171.5M. In its most recent filing year (2023), Cedars Sinai Marina Hospital reported a deficit of $14.0M, with expenses exceeding revenue. The organization holds $117.2M in liabilities against $181.7M in assets (debt-to-asset ratio: 64.5%), resulting in net assets of $64.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $157.5M | $171.5M | $181.7M | $117.2M | — | — |
| 2022 | $151.0M | $168.4M | $185.2M | $113.0M | — | View 990 |
| 2021 | $139.9M | $153.2M | $166.2M | $97.6M | — | — |
| 2020 | $136.1M | $135.7M | $148.0M | $77.6M | — | — |
| 2019 | $186.7M | $121.0M | $128.8M | $58.8M | — | View 990 |
| 2018 | $109.3M | $111.3M | $71.6M | $58.2M | — | View 990 |
| 2017 | $95.3M | $106.6M | $70.1M | $54.7M | — | — |
| 2016 | $80.6M | $87.4M | $63.5M | $36.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157.5M, expenses of $171.5M, and assets of $181.7M (revenue +4.3% year-over-year).
- 2022: Revenue of $151.0M, expenses of $168.4M, and assets of $185.2M (revenue +7.9% year-over-year).
- 2021: Revenue of $139.9M, expenses of $153.2M, and assets of $166.2M (revenue +2.8% year-over-year).
- 2020: Revenue of $136.1M, expenses of $135.7M, and assets of $148.0M (revenue -27.1% year-over-year).
- 2019: Revenue of $186.7M, expenses of $121.0M, and assets of $128.8M (revenue +70.7% year-over-year).
- 2018: Revenue of $109.3M, expenses of $111.3M, and assets of $71.6M (revenue +14.7% year-over-year).
- 2017: Revenue of $95.3M, expenses of $106.6M, and assets of $70.1M (revenue +18.2% year-over-year).
- 2016: Revenue of $80.6M, expenses of $87.4M, and assets of $63.5M.
Data Sources and Methodology
This transparency report for Cedars Sinai Marina Hospital 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.