Is Volunteers In Medicine Clinic Ofmonroe County Inc Legit?
Quick charity verification for Volunteers In Medicine Clinic Ofmonroe County Inc (EIN: 204383915)
Verdict: Volunteers In Medicine Clinic Ofmonroe County Inc appears trustworthy
92/100Mission Score
$1.2MRevenue
$1.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses, with revenue exceeding expenses in most periods (e.g., $1,214,642 revenue vs. $1,122,550 expenses in 201912).
Zero reported officer compensation across all nine filings, indicating efficient use of funds for mission-related activities.
Strong asset growth, increasing from $1,235,397 in 201112 to $1,789,725 in 201912.
Very low liabilities relative to assets and revenue, demonstrating sound financial management (e.g., $21,403 liabilities vs. $1,789,725 assets in 201912).
Positive revenue growth trend over the past decade.
Spending Breakdown
How Volunteers In Medicine Clinic Ofmonroe County Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Volunteers In Medicine Clinic Ofmonroe County Inc
Is Volunteers In Medicine Clinic Ofmonroe County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Volunteers In Medicine Clinic Ofmonroe County Inc (EIN: 204383915) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Volunteers In Medicine Clinic Ofmonroe County Inc a good charity to donate to?
Volunteers In Medicine Clinic Ofmonroe County Inc has a Mission Score of 92/100. Revenue: $1.2M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Volunteers In Medicine Clinic Ofmonroe County Inc?
The Employer Identification Number (EIN) for Volunteers In Medicine Clinic Ofmonroe County Inc is 204383915. 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 Volunteers In Medicine Clinic Ofmonroe County Inc spend its money?
Volunteers In Medicine Clinic Ofmonroe County Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Volunteers In Medicine Clinic Ofmonroe County Inc's tax-exempt status?
You can verify Volunteers In Medicine Clinic Ofmonroe County Inc's tax-exempt status using EIN 204383915 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
Volunteers In Medicine Clinic Ofmonroe County Inc demonstrates consistent financial health, with revenues generally exceeding expenses over the past nine years. In the latest period (201912), the organization reported revenues of $1,214,642 against expenses of $1,122,550, indicating a healthy surplus. The organization's assets have also shown steady growth, reaching $1,789,725 in 201912, while liabilities remain very low at $21,403, suggesting strong financial management and minimal debt. This financial stability allows the organization to maintain its operations and potentially expand its services.
The organization appears to be highly efficient in its spending, as evidenced by its consistent surpluses and low liabilities. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to precisely quantify spending efficiency. However, the absence of reported officer compensation across all filings is a significant positive indicator of resource allocation towards its mission rather than executive salaries. This suggests a strong commitment to maximizing the impact of donor funds.
Transparency is generally good, with nine years of publicly available IRS 990 filings. The consistent reporting of zero officer compensation enhances trust and indicates that the organization is likely volunteer-driven at the leadership level, or that compensation falls below reporting thresholds, which is still a positive sign for a nonprofit of this size. The clear financial trajectory and minimal liabilities contribute to a positive assessment of its overall financial transparency and health.