Fairmont General Hospital Inc
EIN: 311156960 · Fairmont, WV
| Metric | Value |
|---|---|
| Total Expenses | $57.3M |
| Net Assets | $-23,289,799 |
Is Fairmont General 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 Fairmont General Hospital Inc
Fairmont General Hospital Inc (EIN: 311156960) is a nonprofit organization based in Fairmont, WV. 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 Fairmont General Hospital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairmont General Hospital Inc is a large nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -18.7%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $49.3M |
| Total Expenses | $57.3M |
| Surplus / Deficit | $-8,034,564 |
| Total Assets | $13.1M |
| Total Liabilities | $36.4M |
| Net Assets | $-23,289,799 |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 277.9% |
| Months of Reserves | 2.7 months |
Financial Health Grade: D
In 2014, Fairmont General Hospital Inc reported a deficit of $8.0M with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 277.9% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), Fairmont General Hospital Inc's revenue has declined at a compound annual growth rate (CAGR) of -18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -44.9% | -38.5% | -73.4% |
| 2013 | +2.1% | +5.8% | +4.5% |
| 2012 | -4.4% | -3.7% | -13.7% |
AI Analysis Pending
AI enrichment for Fairmont General 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 Fairmont General 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 $8.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 277.9%.
Frequently Asked Questions about Fairmont General Hospital Inc
Is Fairmont General Hospital Inc a legitimate charity?
Fairmont General Hospital Inc (EIN: 311156960) is a registered tax-exempt nonprofit based in West Virginia. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Fairmont General Hospital Inc spend its money?
Fairmont General Hospital Inc reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fairmont General Hospital Inc tax-deductible?
Fairmont General Hospital Inc is registered as a tax-exempt nonprofit (EIN: 311156960). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fairmont General Hospital Inc located?
Fairmont General Hospital Inc is headquartered in Fairmont, West Virginia and files with the IRS under EIN 311156960.
How many years of IRS 990 filings does Fairmont General Hospital Inc have?
Fairmont General Hospital Inc has 4 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 Fairmont General Hospital Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Fairmont General Hospital Inc's revenue has declined by 46.2%, moving from $91.6M to $49.3M. Total assets decreased by 76% over the same period, from $54.6M to $13.1M. Total functional expenses fell by 37.3%, from $91.5M to $57.3M. In its most recent filing year (2014), Fairmont General Hospital Inc reported a deficit of $8.0M, with expenses exceeding revenue. The organization holds $36.4M in liabilities against $13.1M in assets (debt-to-asset ratio: 277.9%), resulting in net assets of $-23,289,799.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $49.3M | $57.3M | $13.1M | $36.4M | — | View 990 |
| 2013 | $89.5M | $93.2M | $49.2M | $45.1M | — | View 990 |
| 2012 | $87.6M | $88.1M | $47.1M | $37.0M | — | View 990 |
| 2011 | $91.6M | $91.5M | $54.6M | $39.9M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $49.3M, expenses of $57.3M, and assets of $13.1M (revenue -44.9% year-over-year).
- 2013: Revenue of $89.5M, expenses of $93.2M, and assets of $49.2M (revenue +2.1% year-over-year).
- 2012: Revenue of $87.6M, expenses of $88.1M, and assets of $47.1M (revenue -4.4% year-over-year).
- 2011: Revenue of $91.6M, expenses of $91.5M, and assets of $54.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairmont General Hospital Inc:
Data Sources and Methodology
This transparency report for Fairmont General 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.