Franklin Hospital C/O Northwell Health Inc
Franklin Hospital reports zero revenue and assets in its latest filing, a significant departure from its historical multi-million dollar operations.
EIN: 112296824 · Westbury, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $204.2M |
| Program Spending | 85% |
| Net Assets | $-46,772,764 |
| Transparency Score | 60/100 |
Is Franklin Hospital C/O Northwell Health Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Franklin Hospital C/O Northwell Health Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Franklin Hospital C/O Northwell Health Inc
Franklin Hospital C/O Northwell Health Inc (EIN: 112296824) is a nonprofit organization based in Westbury, NY. 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 Franklin Hospital C/O Northwell Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franklin Hospital C/O Northwell Health Inc is a major nonprofit, with 6 years of IRS 990 filings on record (2010–2015). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $208.1M |
| Total Expenses | $204.2M |
| Surplus / Deficit | +$3.9M |
| Total Assets | $84.1M |
| Total Liabilities | $130.9M |
| Net Assets | $-46,772,764 |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 155.6% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2015, Franklin Hospital C/O Northwell Health Inc reported a surplus of $3.9M with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 155.6% (high leverage).
Financial Trends
Over 6 years of filings (2010–2015), Franklin Hospital C/O Northwell Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +4.4% | -0.2% | -4.0% |
| 2014 | +3.9% | +6.9% | +3.6% |
| 2013 | -3.0% | -0.6% | -4.5% |
| 2012 | +6.2% | +3.3% | +0.6% |
| 2011 | -8.2% | -8.0% | +28.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Franklin Hospital C/O Northwell Health Inc with a Mission Score of 60 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, Franklin Hospital C/O Northwell Health Inc 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.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 155.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all historical filings, suggesting that officers either receive no direct compensation from this specific entity or their compensation is managed and reported by the parent organization, Northwell Health Inc.
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 Franklin Hospital C/O Northwell Health Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, a significant and unexplained change from historical operations.
- Consistent historical liabilities exceeding assets (e.g., 2015: $130M liabilities vs. $84M assets).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data for historical periods, limiting efficiency analysis.
Strengths
The following positive indicators were identified for Franklin Hospital C/O Northwell Health Inc:
- Historically generated substantial revenue, indicating significant operational scale as a healthcare provider.
- Consistent reporting of 0% officer compensation, suggesting efficient use of funds or centralized compensation at the parent level.
Frequently Asked Questions about Franklin Hospital C/O Northwell Health Inc
Is Franklin Hospital C/O Northwell Health Inc a legitimate charity?
Franklin Hospital C/O Northwell Health Inc (EIN: 112296824) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 60/100. It has 6 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Franklin Hospital C/O Northwell Health Inc spend its money?
Franklin Hospital C/O Northwell Health Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Franklin Hospital C/O Northwell Health Inc tax-deductible?
Franklin Hospital C/O Northwell Health Inc is registered as a tax-exempt nonprofit (EIN: 112296824). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Franklin Hospital C/O Northwell Health Inc's spending goes to programs?
Franklin Hospital C/O Northwell Health Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Franklin Hospital C/O Northwell Health Inc located?
Franklin Hospital C/O Northwell Health Inc is headquartered in Westbury, New York and files with the IRS under EIN 112296824.
How many years of IRS 990 filings does Franklin Hospital C/O Northwell Health Inc have?
Franklin Hospital C/O Northwell Health Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why does Franklin Hospital C/O Northwell Health Inc report $0 revenue and assets in its latest filing, despite historical multi-million dollar operations?
The provided data shows a stark contrast between historical filings (e.g., $208,148,556 revenue in 2015) and the latest filing ($0 revenue, $0 assets). This could indicate a change in the entity's operational status, a merger, or a change in how its finances are reported within the Northwell Health Inc system, which requires further investigation beyond the provided data.
What is the actual NTEE code and primary mission of Franklin Hospital C/O Northwell Health Inc?
The NTEE code is listed as 'Unknown'. Given its name and historical financial scale, it is highly likely a hospital or healthcare provider, but a definitive mission statement or NTEE code is not provided in the data.
How does Franklin Hospital C/O Northwell Health Inc manage its liabilities, which historically exceeded assets?
Historically, liabilities consistently exceeded assets (e.g., 2015: $130,874,389 liabilities vs. $84,101,625 assets). This indicates a reliance on external funding or parent organization support to cover obligations, which is common for hospitals but warrants attention.
Filing History
IRS 990 filing history for Franklin Hospital C/O Northwell Health Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2015), Franklin Hospital C/O Northwell Health Inc's revenue has grown by 2.6%, moving from $202.9M to $208.1M. Total assets increased by 22.6% over the same period, from $68.6M to $84.1M. Total functional expenses rose by 0.9%, from $202.5M to $204.2M. In its most recent filing year (2015), Franklin Hospital C/O Northwell Health Inc reported a surplus of $3.9M, with revenue exceeding expenses. The organization holds $130.9M in liabilities against $84.1M in assets (debt-to-asset ratio: 155.6%), resulting in net assets of $-46,772,764.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $208.1M | $204.2M | $84.1M | $130.9M | — | View 990 |
| 2014 | $199.4M | $204.6M | $87.6M | $138.3M | — | View 990 |
| 2013 | $192.0M | $191.3M | $84.5M | $131.4M | — | View 990 |
| 2012 | $197.9M | $192.4M | $88.5M | $136.2M | — | View 990 |
| 2011 | $186.3M | $186.2M | $88.0M | $141.9M | — | View 990 |
| 2010 | $202.9M | $202.5M | $68.6M | $122.1M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $208.1M, expenses of $204.2M, and assets of $84.1M (revenue +4.4% year-over-year).
- 2014: Revenue of $199.4M, expenses of $204.6M, and assets of $87.6M (revenue +3.9% year-over-year).
- 2013: Revenue of $192.0M, expenses of $191.3M, and assets of $84.5M (revenue -3.0% year-over-year).
- 2012: Revenue of $197.9M, expenses of $192.4M, and assets of $88.5M (revenue +6.2% year-over-year).
- 2011: Revenue of $186.3M, expenses of $186.2M, and assets of $88.0M (revenue -8.2% year-over-year).
- 2010: Revenue of $202.9M, expenses of $202.5M, and assets of $68.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franklin Hospital C/O Northwell Health Inc:
Data Sources and Methodology
This transparency report for Franklin Hospital C/O Northwell Health 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.