Is Mcleod Physician Associates Ii Legit?

Quick charity verification for Mcleod Physician Associates Ii (EIN: 202935692)

Verdict: Mcleod Physician Associates Ii shows mixed signals

45/100Mission Score
$258.0MRevenue
$73.9MAssets
4Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Mcleod Physician Associates Ii allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Mcleod Physician Associates Ii

Is Mcleod Physician Associates Ii a legitimate charity?

Based on AI analysis of IRS 990 filings, Mcleod Physician Associates Ii (EIN: 202935692) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Mcleod Physician Associates Ii a good charity to donate to?

Mcleod Physician Associates Ii has a Mission Score of 45/100. Revenue: $258.0M. Assets: $73.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mcleod Physician Associates Ii?

The Employer Identification Number (EIN) for Mcleod Physician Associates Ii is 202935692. 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 Mcleod Physician Associates Ii spend its money?

Mcleod Physician Associates Ii allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mcleod Physician Associates Ii's tax-exempt status?

You can verify Mcleod Physician Associates Ii's tax-exempt status using EIN 202935692 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

Mcleod Physician Associates Ii, operating in Florence, SC, demonstrates a consistent pattern of expenses significantly exceeding revenue across all reported periods. For instance, in 2023, expenses were $323,461,735 against revenues of $241,769,548, indicating a substantial operating deficit. This trend is observed throughout its filing history, raising questions about the long-term financial sustainability and funding sources covering these deficits. The organization's assets have grown from $16,927,172 in 2014 to $78,735,758 in 2023, but liabilities have also increased dramatically, reaching $269,432,252 in 2023, far outpacing assets. The consistent reporting of 0% officer compensation suggests that executive salaries are either not reported in this section or are covered by a related entity, which could impact the assessment of overall transparency regarding leadership costs. Without detailed program spending breakdowns, it's challenging to fully assess spending efficiency, but the persistent operating losses are a primary concern.

View Full Transparency Report →

Disclaimer

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

Related Pages