Lawrence General Hospital

Overview

Mission

To operate and maintain an acute care general hospital. Provide appropriate hospital and other related health services to all patients regardless of race, color, creed or national origin. Provide access to medically necessary services for area residents regardless of ability to pay. Assure the ongoing process of continuously improving patient care quality.

What it reported doing in 2023

Inpatient healthcare services - providing inpatient services consistent with our core values by providing access to comprehensive, high quality, compassionate, and efficient healthcare services. Lawrence general hospital is a 186 bed hospital that provided 51,705 patient days of inpatient services with 11,876 discharges during fy 2024.

Operating model

Revenue model
Earned-program. 92% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The nonprofit carried out 100% of its reported program work directly.

Nonprofit profile at a glance

EIN
042103586
IRS 990 coverage
2009–2023
Forms available
Form 990 2023, Form 990-T 2023
Headquarters
Lawrence, MA, USA
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Hospitals

Official website

Request a diligence report

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 100
  • Accountability: 92
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.6%; rating input score 75
  • Program expense ratio: 72.8%; rating input score 73
  • Fundraising efficiency: $4.39 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 33rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: -2.8%; rating input score 19; 19th percentile among comparable filings
  • Operating reserve ratio: 0.88; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.91; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 1.5%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 5.6% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 4.5% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 5.6% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 74.6% of revenue deployed · 72.8% of spending went to programs
  • Governance: 12 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $248.3M in reported program spending
  • Leadership: top reported pay $679K · 29 people listed · 6 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 10 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 15 annual filings from 2009 to 2023
  • Money network: 10 filed money-flow records
  • Related organizations: 10 filed related-organization links