Paul Oliver Memorial Hospital Found
EIN: 237201619 · Traverse City, MI
| Metric | Value |
|---|---|
| Total Expenses | $79K |
| Net Assets | $4.0M |
Is Paul Oliver Memorial Hospital Found Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Paul Oliver Memorial Hospital Found
Paul Oliver Memorial Hospital Found (EIN: 237201619) is a nonprofit organization based in Traverse City, MI. 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 Paul Oliver Memorial Hospital Found's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paul Oliver Memorial Hospital Found is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -12.4%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $541K |
| Total Expenses | $79K |
| Surplus / Deficit | +$461K |
| Total Assets | $4.0M |
| Total Liabilities | $16K |
| Net Assets | $4.0M |
| Operating Margin | 85.3% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 604.8 months |
Financial Health Grade: A
In 2014, Paul Oliver Memorial Hospital Found reported a surplus of $461K with revenue exceeding expenses, holds 604.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Paul Oliver Memorial Hospital Found's revenue has declined at a compound annual growth rate (CAGR) of -12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +5.4% | -92.3% | +18.1% |
| 2013 | -83.4% | -19.0% | -12.8% |
| 2012 | +284.1% | +2680.9% | +89.0% |
AI Analysis Pending
AI enrichment for Paul Oliver Memorial Hospital Found 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 Paul Oliver Memorial Hospital Found 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 surplus of $461K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Paul Oliver Memorial Hospital Found
Is Paul Oliver Memorial Hospital Found a legitimate charity?
Paul Oliver Memorial Hospital Found (EIN: 237201619) is a registered tax-exempt nonprofit based in Michigan. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Paul Oliver Memorial Hospital Found spend its money?
Paul Oliver Memorial Hospital Found reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Paul Oliver Memorial Hospital Found tax-deductible?
Paul Oliver Memorial Hospital Found is registered as a tax-exempt nonprofit (EIN: 237201619). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Paul Oliver Memorial Hospital Found located?
Paul Oliver Memorial Hospital Found is headquartered in Traverse City, Michigan and files with the IRS under EIN 237201619.
How many years of IRS 990 filings does Paul Oliver Memorial Hospital Found have?
Paul Oliver Memorial Hospital Found 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 Paul Oliver Memorial Hospital Found showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Paul Oliver Memorial Hospital Found's revenue has declined by 32.7%, moving from $803K to $541K. Total assets increased by 94.6% over the same period, from $2.1M to $4.0M. Total functional expenses rose by 74.5%, from $45K to $79K. In its most recent filing year (2014), Paul Oliver Memorial Hospital Found reported a surplus of $461K, with revenue exceeding expenses. The organization holds $16K in liabilities against $4.0M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $541K | $79K | $4.0M | $16K | — | View 990 |
| 2013 | $513K | $1.0M | $3.4M | $9K | — | View 990 |
| 2012 | $3.1M | $1.3M | $3.9M | $23K | — | View 990 |
| 2011 | $803K | $45K | $2.1M | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $541K, expenses of $79K, and assets of $4.0M (revenue +5.4% year-over-year).
- 2013: Revenue of $513K, expenses of $1.0M, and assets of $3.4M (revenue -83.4% year-over-year).
- 2012: Revenue of $3.1M, expenses of $1.3M, and assets of $3.9M (revenue +284.1% year-over-year).
- 2011: Revenue of $803K, expenses of $45K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paul Oliver Memorial Hospital Found:
Data Sources and Methodology
This transparency report for Paul Oliver Memorial Hospital Found 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.