Robinson Memorial Hospital Foundation
EIN: 341510544 · Ravenna, OH · NTEE: E11
Is Robinson Memorial Hospital Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Robinson Memorial Hospital Foundation
Robinson Memorial Hospital Foundation (EIN: 341510544) is a nonprofit organization based in Ravenna, OH, classified under NTEE code E11. The organization reported total revenue of $3.5M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robinson Memorial Hospital Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robinson Memorial Hospital Foundation is a mid-size nonprofit that has been operating for 40 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $578K |
| Total Expenses | $479K |
| Surplus / Deficit | +$99K |
| Total Assets | $6.1M |
| Total Liabilities | $1.2M |
| Net Assets | $4.9M |
| Operating Margin | 17.2% |
| Debt-to-Asset Ratio | 20.2% |
| Months of Reserves | 153.7 months |
Financial Health Grade: A
In 2023, Robinson Memorial Hospital Foundation reported a surplus of $99K with revenue exceeding expenses, holds 153.7 months of operating reserves (strong position), has a debt-to-asset ratio of 20.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Robinson Memorial Hospital Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.4% | -61.7% | +2.9% |
| 2022 | -35.0% | +160.0% | -6.7% |
| 2021 | -7.7% | -63.3% | -1.9% |
| 2020 | +15.6% | +361.3% | -11.3% |
| 2019 | -26.6% | -91.8% | +15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Robinson Memorial Hospital Foundation 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 Robinson Memorial Hospital Foundation 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 surplus of $99K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.2%.
Frequently Asked Questions about Robinson Memorial Hospital Foundation
Is Robinson Memorial Hospital Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Robinson Memorial Hospital Foundation (EIN: 341510544) insufficient data. 0 red flags identified, 0 strengths noted.
How does Robinson Memorial Hospital Foundation spend its money?
Detailed spending breakdown data is not yet available for Robinson Memorial Hospital Foundation. Check back for updated IRS 990 analysis.
Are donations to Robinson Memorial Hospital Foundation tax-deductible?
Robinson Memorial Hospital Foundation is registered as a tax-exempt nonprofit (EIN: 341510544). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Robinson Memorial Hospital Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Robinson Memorial Hospital Foundation's revenue has declined by 16.3%, moving from $691K to $578K. Total assets increased by 14.9% over the same period, from $5.3M to $6.1M. Total functional expenses fell by 39.6%, from $793K to $479K. In its most recent filing year (2023), Robinson Memorial Hospital Foundation reported a surplus of $99K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $6.1M in assets (debt-to-asset ratio: 20.2%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $578K | $479K | $6.1M | $1.2M | — | — |
| 2022 | $726K | $1.3M | $6.0M | $1.5M | — | View 990 |
| 2021 | $1.1M | $482K | $6.4M | $420K | — | View 990 |
| 2020 | $1.2M | $1.3M | $6.5M | $1.2M | — | View 990 |
| 2019 | $1.0M | $284K | $7.3M | $1.4M | — | View 990 |
| 2018 | $1.4M | $3.5M | $6.4M | $2.1M | — | View 990 |
| 2017 | $1.8M | $891K | $6.9M | $19K | — | View 990 |
| 2016 | $166K | $658K | $5.9M | $37K | — | View 990 |
| 2015 | $187K | $232K | $6.3M | $24K | — | View 990 |
| 2014 | $985K | $332K | $6.6M | $305K | — | View 990 |
| 2013 | $819K | $472K | $5.9M | $290K | — | View 990 |
| 2012 | $764K | $425K | $5.4M | $94K | — | View 990 |
| 2011 | $468K | $642K | $5.0M | $22K | — | View 990 |
| 2010 | $691K | $793K | $5.3M | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $578K, expenses of $479K, and assets of $6.1M (revenue -20.4% year-over-year).
- 2022: Revenue of $726K, expenses of $1.3M, and assets of $6.0M (revenue -35.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $482K, and assets of $6.4M (revenue -7.7% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.3M, and assets of $6.5M (revenue +15.6% year-over-year).
- 2019: Revenue of $1.0M, expenses of $284K, and assets of $7.3M (revenue -26.6% year-over-year).
- 2018: Revenue of $1.4M, expenses of $3.5M, and assets of $6.4M (revenue -22.5% year-over-year).
- 2017: Revenue of $1.8M, expenses of $891K, and assets of $6.9M (revenue +1008.2% year-over-year).
- 2016: Revenue of $166K, expenses of $658K, and assets of $5.9M (revenue -11.1% year-over-year).
- 2015: Revenue of $187K, expenses of $232K, and assets of $6.3M (revenue -81.0% year-over-year).
- 2014: Revenue of $985K, expenses of $332K, and assets of $6.6M (revenue +20.2% year-over-year).
- 2013: Revenue of $819K, expenses of $472K, and assets of $5.9M (revenue +7.2% year-over-year).
- 2012: Revenue of $764K, expenses of $425K, and assets of $5.4M (revenue +63.3% year-over-year).
- 2011: Revenue of $468K, expenses of $642K, and assets of $5.0M (revenue -32.2% year-over-year).
- 2010: Revenue of $691K, expenses of $793K, and assets of $5.3M.
Data Sources and Methodology
This transparency report for Robinson Memorial Hospital Foundation 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.