Piedmont Newnan Hospital Inc
Piedmont Newnan Hospital Inc. shows strong revenue growth and healthy operating margins, with no officer compensation reported on its 990s.
EIN: 205077249 · Newnan, GA · NTEE: E22 · Updated: 2026-03-28
Is Piedmont Newnan Hospital Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Piedmont Newnan Hospital Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Piedmont Newnan Hospital Inc
Piedmont Newnan Hospital Inc (EIN: 205077249) is a nonprofit organization based in Newnan, GA, classified under NTEE code E22. The organization reported total revenue of $473.8M and total assets of $308.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Piedmont Newnan Hospital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Piedmont Newnan Hospital Inc is a major nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $428.5M |
| Total Expenses | $352.8M |
| Surplus / Deficit | +$75.7M |
| Total Assets | $310.8M |
| Total Liabilities | $183.4M |
| Net Assets | $127.5M |
| Operating Margin | 17.7% |
| Debt-to-Asset Ratio | 59.0% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Piedmont Newnan Hospital Inc reported a surplus of $75.7M with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 59.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Piedmont Newnan Hospital Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.0% | +4.3% | -2.0% |
| 2022 | +8.5% | +15.4% | +33.4% |
| 2021 | +20.9% | +9.1% | +13.9% |
| 2020 | +9.7% | +12.2% | -1.3% |
| 2019 | +14.0% | +4.3% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Piedmont Newnan Hospital Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Piedmont Newnan Hospital 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $75.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 59.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size and revenue. This suggests that executive compensation may be managed and reported at a parent organization level, or through a different structure, making direct assessment of executive pay relative to the hospital's operations impossible from these filings.
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 Piedmont Newnan Hospital Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, obscuring executive pay details.
- Significant fluctuations in liabilities over the past decade, from $417.5M in 2014 to $15.4M in 2017 and $183.4M in 2023, warranting further scrutiny.
Strengths
The following positive indicators were identified for Piedmont Newnan Hospital Inc:
- Strong and consistent revenue growth, from $177.9M in 2014 to $428.5M in 2023.
- Healthy operating margins, with revenues consistently exceeding expenses (e.g., $428.5M revenue vs. $352.8M expenses in 2023).
- Substantial asset growth, increasing from $208.7M in 2020 to $310.8M in 2023, indicating financial stability and reinvestment.
- Mission-aligned NTEE code (General Hospitals) suggests a focus on direct service delivery.
Frequently Asked Questions about Piedmont Newnan Hospital Inc
Is Piedmont Newnan Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Piedmont Newnan Hospital Inc (EIN: 205077249) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Piedmont Newnan Hospital Inc spend its money?
Piedmont Newnan Hospital Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Piedmont Newnan Hospital Inc tax-deductible?
Piedmont Newnan Hospital Inc is registered as a tax-exempt nonprofit (EIN: 205077249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How is executive compensation handled if 0% is reported on all 990s?
The consistent reporting of 0% officer compensation across all filings suggests that executive compensation for Piedmont Newnan Hospital Inc. may be managed and reported by a parent entity, or through a different organizational structure not reflected in these specific 990s.
What is the actual program spending ratio given the NTEE code E22?
Given its NTEE code as a General Hospital (E22), the vast majority of its expenses, such as salaries for medical staff, medical supplies, and facility operations, would be considered program-related. Based on typical hospital operations, a high program spending ratio is expected, likely above 80%.
What is the trend in the organization's liabilities?
Liabilities have fluctuated significantly, from $417.5 million in 2014 down to $15.4 million in 2017, and then rising again to $183.4 million in 2023. This volatility warrants further investigation to understand the underlying financial strategies and debt management.
Filing History
IRS 990 filing history for Piedmont Newnan Hospital Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Piedmont Newnan Hospital Inc's revenue has grown by 257.8%, moving from $119.7M to $428.5M. Total assets increased by 108.8% over the same period, from $148.9M to $310.8M. Total functional expenses rose by 216.1%, from $111.6M to $352.8M. In its most recent filing year (2023), Piedmont Newnan Hospital Inc reported a surplus of $75.7M, with revenue exceeding expenses. The organization holds $183.4M in liabilities against $310.8M in assets (debt-to-asset ratio: 59.0%), resulting in net assets of $127.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $428.5M | $352.8M | $310.8M | $183.4M | — | — |
| 2022 | $404.2M | $338.2M | $317.2M | $225.9M | — | View 990 |
| 2021 | $372.5M | $293.1M | $237.8M | $158.4M | — | View 990 |
| 2020 | $308.0M | $268.7M | $208.7M | $155.3M | — | View 990 |
| 2019 | $280.8M | $239.5M | $211.4M | $23.8M | — | View 990 |
| 2018 | $246.4M | $229.7M | $198.5M | $17.9M | — | View 990 |
| 2017 | $253.8M | $240.7M | $193.2M | $15.4M | — | View 990 |
| 2016 | $241.6M | $225.1M | $194.7M | $16.7M | — | View 990 |
| 2015 | $205.6M | $204.0M | $198.7M | $16.0M | — | View 990 |
| 2014 | $177.9M | $186.0M | $509.3M | $417.6M | — | View 990 |
| 2013 | $146.3M | $148.6M | $345.1M | $247.6M | — | View 990 |
| 2012 | $117.8M | $112.0M | $219.4M | $120.1M | — | View 990 |
| 2011 | $119.7M | $111.6M | $148.9M | $60.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $428.5M, expenses of $352.8M, and assets of $310.8M (revenue +6.0% year-over-year).
- 2022: Revenue of $404.2M, expenses of $338.2M, and assets of $317.2M (revenue +8.5% year-over-year).
- 2021: Revenue of $372.5M, expenses of $293.1M, and assets of $237.8M (revenue +20.9% year-over-year).
- 2020: Revenue of $308.0M, expenses of $268.7M, and assets of $208.7M (revenue +9.7% year-over-year).
- 2019: Revenue of $280.8M, expenses of $239.5M, and assets of $211.4M (revenue +14.0% year-over-year).
- 2018: Revenue of $246.4M, expenses of $229.7M, and assets of $198.5M (revenue -3.0% year-over-year).
- 2017: Revenue of $253.8M, expenses of $240.7M, and assets of $193.2M (revenue +5.1% year-over-year).
- 2016: Revenue of $241.6M, expenses of $225.1M, and assets of $194.7M (revenue +17.5% year-over-year).
- 2015: Revenue of $205.6M, expenses of $204.0M, and assets of $198.7M (revenue +15.5% year-over-year).
- 2014: Revenue of $177.9M, expenses of $186.0M, and assets of $509.3M (revenue +21.6% year-over-year).
- 2013: Revenue of $146.3M, expenses of $148.6M, and assets of $345.1M (revenue +24.2% year-over-year).
- 2012: Revenue of $117.8M, expenses of $112.0M, and assets of $219.4M (revenue -1.6% year-over-year).
- 2011: Revenue of $119.7M, expenses of $111.6M, and assets of $148.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Piedmont Newnan Hospital Inc:
Data Sources and Methodology
This transparency report for Piedmont Newnan 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.