Is Burdick Companies Medical Tr Legit?

Quick charity verification for Burdick Companies Medical Tr (EIN: 161430485)

Verdict: Burdick Companies Medical Tr appears trustworthy

75/100Mission Score

$2.7MRevenue

$1.3MAssets

3Red Flags

4Strengths

Red Flags

Significant operational deficit in the latest fiscal year (202312) of $463,446, a departure from historical surpluses.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full spending efficiency analysis.
Unknown NTEE code and unspecified mission, limiting understanding of programmatic focus.

Strengths

Consistent revenue generation, averaging over $2 million annually, indicating a stable funding base.
Long operating history with 13 filings, suggesting organizational stability and experience.
Low liabilities relative to assets, indicating a healthy balance sheet.
Consistent reporting of 0% officer compensation, potentially indicating high efficiency in leadership costs.

Spending Breakdown

How Burdick Companies Medical Tr allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Burdick Companies Medical Tr

Is Burdick Companies Medical Tr a legitimate charity?

Based on AI analysis of IRS 990 filings, Burdick Companies Medical Tr (EIN: 161430485) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is Burdick Companies Medical Tr a good charity to donate to?

Burdick Companies Medical Tr has a Mission Score of 75/100. Revenue: $2.7M. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Burdick Companies Medical Tr?

The Employer Identification Number (EIN) for Burdick Companies Medical Tr is 161430485. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Burdick Companies Medical Tr spend its money?

Burdick Companies Medical Tr allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Burdick Companies Medical Tr's tax-exempt status?

You can verify Burdick Companies Medical Tr's tax-exempt status using EIN 161430485 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Burdick Companies Medical Tr demonstrates a consistent operational history with revenues generally exceeding expenses, indicating a stable financial position over many years. However, the most recent filing (202312) shows expenses of $3,349,639 significantly outstripping revenue of $2,886,193, resulting in a deficit for that period. This marks a notable shift from previous years where the organization typically operated with a surplus, such as in 202212 where revenue was $2,442,264 against expenses of $2,235,428. The organization's assets have fluctuated, reaching a high of $2,364,557 in 202212 before decreasing to $1,901,111 in 202312, while liabilities remain relatively low, suggesting a healthy balance sheet overall despite the recent operational deficit.

The absence of reported officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs. Without a detailed breakdown of expenses (e.g., program, administrative, fundraising), it's challenging to fully assess spending efficiency. The consistent revenue generation, averaging over $2 million annually, points to a robust funding model, but the recent increase in expenses warrants closer examination to understand its nature and sustainability.

Overall, Burdick Companies Medical Tr appears to be a financially stable organization with a long operating history. The primary area for further scrutiny is the recent increase in expenses leading to a deficit in the 202312 period, and the lack of detailed expense categorization in the provided data limits a comprehensive assessment of spending efficiency and program focus. The consistent reporting of zero officer compensation is a notable aspect of its financial structure.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.