Is Metroplex Clinic Physicians Inc Legit? —…

Quick charity verification for Metroplex Clinic Physicians Inc (EIN: 113762050)

Red Flags

Consistent and significant operating deficits (e.g., $3,848,971 in 2023, $2,682,032 in 2022).
Expenses consistently nearly double revenue over the past decade.
Fluctuating and generally declining asset base, indicating potential depletion of reserves (e.g., from $1,332,326 in 2014 to $630,804 in 2023).
High liabilities in some years (e.g., $2,000,165 in 2022) relative to assets, suggesting potential financial strain.

Spending Breakdown

How Metroplex Clinic Physicians Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Metroplex Clinic Physicians Inc

Is Metroplex Clinic Physicians Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Metroplex Clinic Physicians Inc (EIN: 113762050) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.

Is Metroplex Clinic Physicians Inc a good charity to donate to?

Metroplex Clinic Physicians Inc has a Mission Score of 40/100. Revenue: $4.6M. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Metroplex Clinic Physicians Inc?

The Employer Identification Number (EIN) for Metroplex Clinic Physicians Inc is 113762050. 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 Metroplex Clinic Physicians Inc spend its money?

Metroplex Clinic Physicians Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Metroplex Clinic Physicians Inc's tax-exempt status?

You can verify Metroplex Clinic Physicians Inc's tax-exempt status using EIN 113762050 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

Metroplex Clinic Physicians Inc. exhibits significant financial challenges, consistently operating at a substantial deficit over the past decade. For instance, in 2023, expenses of $7,723,932 far outstripped revenue of $3,874,961, resulting in a deficit of nearly $3.85 million. This pattern of spending nearly double its income is a major concern for long-term sustainability. The organization's assets have also shown considerable fluctuation and a general decline, from $1,332,326 in 2014 to $630,804 in 2023, indicating a depletion of reserves.

While the organization reports 0% officer compensation across all filings, which suggests efficient use of funds at the executive level, the overall financial health is precarious due to the persistent and large operating losses. The NTEE code E300 indicates a focus on general and rehabilitative medical services, which are often high-cost. Without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, it's difficult to assess spending efficiency beyond the overall deficit. However, the consistent negative net income raises questions about the funding model and operational viability.

Transparency regarding executive compensation is excellent, with no reported officer compensation. However, the lack of detailed expense allocation in the provided data limits a full assessment of spending efficiency across different categories. The consistent operational deficits are a significant red flag that warrants further investigation into their funding strategies and cost management.

Is Metroplex Clinic Physicians Inc Legit?

Verdict: Metroplex Clinic Physicians Inc shows mixed signals