Is Samaritan Medical Services Inc Legit?

Quick charity verification for Samaritan Medical Services Inc (EIN: 208418544)

Verdict: Samaritan Medical Services Inc shows mixed signals

65/100Mission Score
$676KRevenue
$29KAssets
4Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Samaritan Medical Services Inc has experienced significant volatility in its financial performance over the past decade. While the organization reported substantial revenues in the mid-2010s, peaking at $3.47 million in 2015, recent years show a dramatic decline, with revenue as low as $15,223 in 2020 and $18,597 in 2022. The latest filing for 2023 shows a revenue of $566,712 against expenses of $640,782, indicating a deficit. The organization's assets have also decreased significantly from a high of $2.05 million in 2017 to $76,741 in 2023, suggesting a shrinking operational capacity. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead in this area, which is a positive sign for transparency and efficiency.

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Disclaimer

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

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