James Lawrence Kernan Hospital Endowment Fund Incorporated
EIN: 237360743 · Baltimore, MD · NTEE: E110
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $7.0M |
| Net Assets | $37.6M |
Is James Lawrence Kernan Hospital Endowment Fund Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About James Lawrence Kernan Hospital Endowment Fund Incorporated
James Lawrence Kernan Hospital Endowment Fund Incorporated (EIN: 237360743) is a nonprofit organization based in Baltimore, MD, classified under NTEE code E110. The organization reported total revenue of $1.8M and total assets of $43.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James Lawrence Kernan Hospital Endowment Fund Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James Lawrence Kernan Hospital Endowment Fund Incorporated is a mid-size nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $7.0M |
| Surplus / Deficit | $-5,714,751 |
| Total Assets | $37.6M |
| Net Assets | $37.6M |
| Operating Margin | -431.1% |
| Months of Reserves | 64.1 months |
Financial Health Grade: B
In 2023, James Lawrence Kernan Hospital Endowment Fund Incorporated reported a deficit of $5.7M with expenses exceeding revenue, holds 64.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), James Lawrence Kernan Hospital Endowment Fund Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.0% | +3900.2% | -6.9% |
| 2022 | -16.8% | +14.7% | -12.7% |
| 2021 | +254.8% | +7.6% | +36.2% |
| 2020 | -42.1% | +0.2% | +2.7% |
| 2019 | -36.0% | -14.0% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for James Lawrence Kernan Hospital Endowment Fund Incorporated 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 James Lawrence Kernan Hospital Endowment Fund Incorporated 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 $5.7M, with expenses exceeding revenue.
Frequently Asked Questions about James Lawrence Kernan Hospital Endowment Fund Incorporated
Is James Lawrence Kernan Hospital Endowment Fund Incorporated a legitimate charity?
James Lawrence Kernan Hospital Endowment Fund Incorporated (EIN: 237360743) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: B.
How does James Lawrence Kernan Hospital Endowment Fund Incorporated spend its money?
James Lawrence Kernan Hospital Endowment Fund Incorporated reported $1.8M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to James Lawrence Kernan Hospital Endowment Fund Incorporated tax-deductible?
James Lawrence Kernan Hospital Endowment Fund Incorporated is registered as a tax-exempt nonprofit (EIN: 237360743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is James Lawrence Kernan Hospital Endowment Fund Incorporated located?
James Lawrence Kernan Hospital Endowment Fund Incorporated is headquartered in Baltimore, Maryland and files with the IRS under EIN 237360743. It is classified under NTEE code E110.
How many years of IRS 990 filings does James Lawrence Kernan Hospital Endowment Fund Incorporated have?
James Lawrence Kernan Hospital Endowment Fund Incorporated has 13 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for James Lawrence Kernan Hospital Endowment Fund Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), James Lawrence Kernan Hospital Endowment Fund Incorporated's revenue has declined by 79.2%, moving from $6.4M to $1.3M. Total assets increased by 11.9% over the same period, from $33.6M to $37.6M. In its most recent filing year (2023), James Lawrence Kernan Hospital Endowment Fund Incorporated reported a deficit of $5.7M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $7.0M | $37.6M | $0 | — | — |
| 2022 | $2.5M | $176K | $40.4M | $0 | — | View 990 |
| 2021 | $2.9M | $153K | $46.3M | $239K | — | — |
| 2020 | $831K | $143K | $34.0M | $0 | — | View 990 |
| 2019 | $1.4M | $142K | $33.1M | $0 | — | View 990 |
| 2018 | $2.2M | $166K | $31.8M | $0 | — | View 990 |
| 2017 | $2.9M | $0 | $29.7M | $0 | — | View 990 |
| 2016 | $1.0M | $3.5M | $26.8M | $0 | — | View 990 |
| 2015 | $520K | $2.5M | $29.3M | $0 | — | View 990 |
| 2014 | $4.0M | $1.3M | $32.7M | $1.3M | — | View 990 |
| 2013 | $3.4M | $3.7M | $28.7M | $0 | — | View 990 |
| 2012 | $72K | $4.4M | $29.0M | $0 | — | View 990 |
| 2011 | $6.4M | $0 | $33.6M | $273K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $7.0M, and assets of $37.6M (revenue -46.0% year-over-year).
- 2022: Revenue of $2.5M, expenses of $176K, and assets of $40.4M (revenue -16.8% year-over-year).
- 2021: Revenue of $2.9M, expenses of $153K, and assets of $46.3M (revenue +254.8% year-over-year).
- 2020: Revenue of $831K, expenses of $143K, and assets of $34.0M (revenue -42.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $142K, and assets of $33.1M (revenue -36.0% year-over-year).
- 2018: Revenue of $2.2M, expenses of $166K, and assets of $31.8M (revenue -22.7% year-over-year).
- 2017: Revenue of $2.9M, expenses of $0, and assets of $29.7M (revenue +181.0% year-over-year).
- 2016: Revenue of $1.0M, expenses of $3.5M, and assets of $26.8M (revenue +98.9% year-over-year).
- 2015: Revenue of $520K, expenses of $2.5M, and assets of $29.3M (revenue -87.0% year-over-year).
- 2014: Revenue of $4.0M, expenses of $1.3M, and assets of $32.7M (revenue +17.9% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.7M, and assets of $28.7M (revenue +4616.6% year-over-year).
- 2012: Revenue of $72K, expenses of $4.4M, and assets of $29.0M (revenue -98.9% year-over-year).
- 2011: Revenue of $6.4M, expenses of $0, and assets of $33.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James Lawrence Kernan Hospital Endowment Fund Incorporated:
Data Sources and Methodology
This transparency report for James Lawrence Kernan Hospital Endowment Fund Incorporated 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.