Cookeville Regional Medical Center Foundation
Cookeville Regional Medical Center Foundation shows consistent asset growth and zero officer compensation over a decade.
EIN: 201550666 · Cookeville, TN · NTEE: E11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $868K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.3M |
| Transparency Score | 92/100 |
Is Cookeville Regional Medical Center Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cookeville Regional Medical Center Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cookeville Regional Medical Center Foundation
Cookeville Regional Medical Center Foundation (EIN: 201550666) is a nonprofit organization based in Cookeville, TN, classified under NTEE code E11. The organization reported total revenue of $1.5M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cookeville Regional Medical Center Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cookeville Regional Medical Center Foundation is a mid-size nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $868K |
| Surplus / Deficit | +$142K |
| Total Assets | $4.3M |
| Total Liabilities | $30K |
| Net Assets | $4.3M |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 59.4 months |
Financial Health Grade: A
In 2023, Cookeville Regional Medical Center Foundation reported a surplus of $142K with revenue exceeding expenses, holds 59.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Cookeville Regional Medical Center Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.7% | -3.1% | +0.5% |
| 2022 | +3.3% | -7.4% | +2.3% |
| 2021 | +0.0% | -8.3% | +22.3% |
| 2020 | +14.0% | +40.3% | +2.4% |
| 2019 | -1.1% | +18.9% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Cookeville Regional Medical Center Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Cookeville Regional Medical Center Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 surplus of $142K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with assets exceeding $4 million.
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 Cookeville Regional Medical Center Foundation's IRS 990 filings:
- No specific red flags identified based on the provided financial data.
Strengths
The following positive indicators were identified for Cookeville Regional Medical Center Foundation:
- Consistent asset growth from $2.2M in 2014 to $4.2M in 2023.
- Zero officer compensation reported across all filings, indicating high transparency and mission focus.
- Revenue has consistently exceeded expenses, allowing for healthy asset accumulation.
- Low liabilities relative to assets, suggesting strong financial management.
- Positive revenue trend over the past decade.
Frequently Asked Questions about Cookeville Regional Medical Center Foundation
Is Cookeville Regional Medical Center Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cookeville Regional Medical Center Foundation (EIN: 201550666) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Cookeville Regional Medical Center Foundation spend its money?
Cookeville Regional Medical Center Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cookeville Regional Medical Center Foundation tax-deductible?
Cookeville Regional Medical Center Foundation is registered as a tax-exempt nonprofit (EIN: 201550666). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cookeville Regional Medical Center Foundation CEO make?
Cookeville Regional Medical Center Foundation's highest-compensated officer earns $4 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cookeville Regional Medical Center Foundation's spending goes to programs?
Cookeville Regional Medical Center Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cookeville Regional Medical Center Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Cookeville Regional Medical Center Foundation is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cookeville Regional Medical Center Foundation located?
Cookeville Regional Medical Center Foundation is headquartered in Cookeville, Tennessee and files with the IRS under EIN 201550666. It is classified under NTEE code E11.
How many years of IRS 990 filings does Cookeville Regional Medical Center Foundation have?
Cookeville Regional Medical Center Foundation has 12 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 $1.5M in total revenue.
Is Cookeville Regional Medical Center Foundation a good charity?
Based on the provided data, the foundation appears to be a very good charity, demonstrating consistent financial growth, low liabilities, and a strong commitment to its mission by reporting 0% officer compensation.
How has the foundation's financial health changed over the last decade?
The foundation's financial health has significantly improved over the last decade, with assets nearly doubling from $2,283,977 in 2014 to $4,299,910 in 2023, and revenue showing a strong upward trend.
What is the trend in the foundation's revenue?
The foundation's revenue has shown a positive and generally increasing trend, growing from $482,562 in 2014 to $1,010,378 in 2023, with some fluctuations but overall consistent growth.
Filing History
IRS 990 filing history for Cookeville Regional Medical Center Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Cookeville Regional Medical Center Foundation's revenue has declined by 33.6%, moving from $1.5M to $1.0M. Total assets increased by 98.6% over the same period, from $2.2M to $4.3M. Total functional expenses rose by 28.3%, from $677K to $868K. In its most recent filing year (2023), Cookeville Regional Medical Center Foundation reported a surplus of $142K, with revenue exceeding expenses. The organization holds $30K in liabilities against $4.3M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $868K | $4.3M | $30K | — | View 990 |
| 2022 | $1.2M | $896K | $4.3M | $271K | — | View 990 |
| 2021 | $1.2M | $968K | $4.2M | $209K | — | View 990 |
| 2020 | $1.2M | $1.1M | $3.4M | $24 | — | View 990 |
| 2019 | $1.1M | $752K | $3.3M | $49K | — | View 990 |
| 2018 | $1.1M | $632K | $3.0M | $0 | — | View 990 |
| 2017 | $1.0M | $879K | $2.6M | $27K | — | View 990 |
| 2016 | $808K | $686K | $2.4M | $124K | — | View 990 |
| 2015 | $969K | $917K | $2.3M | $29K | — | View 990 |
| 2014 | $483K | $388K | $2.3M | $46K | — | View 990 |
| 2013 | $437K | $439K | $2.2M | $58K | — | View 990 |
| 2012 | $1.5M | $677K | $2.2M | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $868K, and assets of $4.3M (revenue -18.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $896K, and assets of $4.3M (revenue +3.3% year-over-year).
- 2021: Revenue of $1.2M, expenses of $968K, and assets of $4.2M (revenue +0.0% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $3.4M (revenue +14.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $752K, and assets of $3.3M (revenue -1.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $632K, and assets of $3.0M (revenue +2.5% year-over-year).
- 2017: Revenue of $1.0M, expenses of $879K, and assets of $2.6M (revenue +28.7% year-over-year).
- 2016: Revenue of $808K, expenses of $686K, and assets of $2.4M (revenue -16.6% year-over-year).
- 2015: Revenue of $969K, expenses of $917K, and assets of $2.3M (revenue +100.8% year-over-year).
- 2014: Revenue of $483K, expenses of $388K, and assets of $2.3M (revenue +10.4% year-over-year).
- 2013: Revenue of $437K, expenses of $439K, and assets of $2.2M (revenue -71.3% year-over-year).
- 2012: Revenue of $1.5M, expenses of $677K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cookeville Regional Medical Center Foundation:
Data Sources and Methodology
This transparency report for Cookeville Regional Medical Center Foundation 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.