Harvard Medical Center
Overview
Mission
Harvard medical center conducts activities aimed at the sharing of information, plans, and resources among its affiliated hospitals.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
Nonprofit profile at a glance
- EIN
- 042213292
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Headquarters
- Boston, MA, USA
- Phone
- 6174321501
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Community Health Systems
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 91
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 90.4%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 596.54; rating input score 100; 100th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.1% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: -2.5% per year; rating input score 0; 30th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 annual filings from 2018 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
6 people listed
Source: IRS Form 990-EZ. Selected filing: FY2024.