Safety Net Hospital Alliance Of Florida Inc
Safety Net Hospital Alliance Of Florida Inc consistently operates with tight margins and no reported officer compensation.
EIN: 202672504 · Tallahassee, FL · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $3.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $619K |
| Transparency Score | 85/100 |
Is Safety Net Hospital Alliance Of Florida Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Safety Net Hospital Alliance Of Florida Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Safety Net Hospital Alliance Of Florida Inc
Safety Net Hospital Alliance Of Florida Inc (EIN: 202672504) is a nonprofit organization based in Tallahassee, FL, classified under NTEE code S41. The organization reported total revenue of $3.5M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safety Net Hospital Alliance Of Florida Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Safety Net Hospital Alliance Of Florida Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.3M |
| Surplus / Deficit | +$17K |
| Total Assets | $922K |
| Total Liabilities | $302K |
| Net Assets | $619K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 32.8% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Safety Net Hospital Alliance Of Florida Inc reported a surplus of $17K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 32.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Safety Net Hospital Alliance Of Florida Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +1.5% | -2.1% |
| 2022 | +3.2% | +4.8% | +11.4% |
| 2021 | +4.0% | +6.6% | +16.1% |
| 2020 | +5.6% | -2.7% | +14.4% |
| 2019 | +13.2% | +18.6% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Safety Net Hospital Alliance Of Florida 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Safety Net Hospital Alliance Of Florida Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filing periods, which is highly unusual for an organization with over $3 million in annual revenue. This suggests either that executive compensation is not paid, or it is reported under other expense categories, or the provided data specifically excludes it.
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 Safety Net Hospital Alliance Of Florida Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment challenging.
- Consistent 0% officer compensation is unusual for an organization of this size and could indicate reporting complexities or that compensation is embedded elsewhere.
Strengths
The following positive indicators were identified for Safety Net Hospital Alliance Of Florida Inc:
- Consistent revenue growth over the past decade, from $2,326,906 in 201408 to $3,344,055 in 202308.
- Healthy asset growth, nearly doubling from $479,003 in 201408 to $921,592 in 202308.
- Low liabilities relative to assets, indicating strong financial solvency (e.g., $302,192 liabilities vs. $921,592 assets in 202308).
- Consistent reporting of 0% officer compensation, suggesting a high dedication of funds to mission or other operational costs.
- Long and consistent IRS 990 filing history (13 filings), demonstrating commitment to transparency.
Frequently Asked Questions about Safety Net Hospital Alliance Of Florida Inc
Is Safety Net Hospital Alliance Of Florida Inc a legitimate charity?
Safety Net Hospital Alliance Of Florida Inc (EIN: 202672504) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.5M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Safety Net Hospital Alliance Of Florida Inc spend its money?
Safety Net Hospital Alliance Of Florida Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Safety Net Hospital Alliance Of Florida Inc tax-deductible?
Safety Net Hospital Alliance Of Florida Inc is registered as a tax-exempt nonprofit (EIN: 202672504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Safety Net Hospital Alliance Of Florida Inc CEO make?
Safety Net Hospital Alliance Of Florida Inc's highest-compensated officer earns $3 annually. The organization reported $3.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Safety Net Hospital Alliance Of Florida Inc's spending goes to programs?
Safety Net Hospital Alliance Of Florida Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Safety Net Hospital Alliance Of Florida Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Safety Net Hospital Alliance Of Florida Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Safety Net Hospital Alliance Of Florida Inc located?
Safety Net Hospital Alliance Of Florida Inc is headquartered in Tallahassee, Florida and files with the IRS under EIN 202672504. It is classified under NTEE code S41.
How many years of IRS 990 filings does Safety Net Hospital Alliance Of Florida Inc have?
Safety Net Hospital Alliance Of Florida Inc 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 $3.5M in total revenue.
Is Safety Net Hospital Alliance Of Florida Inc a good charity?
Based on the provided data, the organization demonstrates strong financial health with consistent revenue growth and asset accumulation. The reported 0% officer compensation is a significant positive indicator for mission focus. However, without a detailed breakdown of program vs. administrative expenses, a definitive 'good' rating is difficult, though the overall financial management appears sound.
How does the organization manage its expenses relative to its revenue?
The organization consistently operates with very tight margins, with expenses often closely matching or slightly exceeding revenue in some periods (e.g., 201908 expenses of $3,013,181 against revenue of $2,910,735). In 202308, expenses were $3,326,985 against revenue of $3,344,055, indicating that most incoming funds are directly utilized for operations rather than accumulating large surpluses.
What is the trend in the organization's assets and liabilities?
The organization's assets have shown a consistent upward trend, growing from $479,003 in 201408 to $921,592 in 202308. Liabilities have fluctuated but generally remain at a manageable level relative to assets, indicating financial stability. For example, in 202308, liabilities were $302,192 against assets of $921,592.
Filing History
IRS 990 filing history for Safety Net Hospital Alliance Of Florida Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Safety Net Hospital Alliance Of Florida Inc's revenue has grown by 69.7%, moving from $2.0M to $3.3M. Total assets increased by 132.5% over the same period, from $396K to $922K. Total functional expenses rose by 88.7%, from $1.8M to $3.3M. In its most recent filing year (2023), Safety Net Hospital Alliance Of Florida Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $302K in liabilities against $922K in assets (debt-to-asset ratio: 32.8%), resulting in net assets of $619K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.3M | $922K | $302K | — | — |
| 2022 | $3.3M | $3.3M | $941K | $339K | — | — |
| 2021 | $3.2M | $3.1M | $845K | $265K | — | View 990 |
| 2020 | $3.1M | $2.9M | $727K | $219K | — | — |
| 2019 | $2.9M | $3.0M | $636K | $270K | — | View 990 |
| 2018 | $2.6M | $2.5M | $617K | $149K | — | View 990 |
| 2017 | $2.4M | $2.5M | $592K | $156K | — | View 990 |
| 2016 | $2.4M | $2.4M | $857K | $389K | — | View 990 |
| 2015 | $2.4M | $2.3M | $590K | $143K | — | View 990 |
| 2014 | $2.3M | $2.2M | $479K | $162K | — | View 990 |
| 2013 | $1.9M | $1.9M | $327K | $143K | — | View 990 |
| 2012 | $1.9M | $2.1M | $320K | $166K | — | View 990 |
| 2011 | $2.0M | $1.8M | $396K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.3M, and assets of $922K (revenue +1.4% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.3M, and assets of $941K (revenue +3.2% year-over-year).
- 2021: Revenue of $3.2M, expenses of $3.1M, and assets of $845K (revenue +4.0% year-over-year).
- 2020: Revenue of $3.1M, expenses of $2.9M, and assets of $727K (revenue +5.6% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.0M, and assets of $636K (revenue +13.2% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.5M, and assets of $617K (revenue +5.7% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.5M, and assets of $592K (revenue +0.5% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.4M, and assets of $857K (revenue +1.5% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.3M, and assets of $590K (revenue +2.5% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.2M, and assets of $479K (revenue +23.7% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.9M, and assets of $327K (revenue -0.2% year-over-year).
- 2012: Revenue of $1.9M, expenses of $2.1M, and assets of $320K (revenue -4.4% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.8M, and assets of $396K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Safety Net Hospital Alliance Of Florida Inc:
Data Sources and Methodology
This transparency report for Safety Net Hospital Alliance Of Florida 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.