Bon Secours Memorial Regional Medical Center Llc
EIN: 541744931 · Richmond, VA · NTEE: E21
Is Bon Secours Memorial Regional Medical Center Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bon Secours Memorial Regional Medical Center Llc
Bon Secours Memorial Regional Medical Center Llc (EIN: 541744931) is a nonprofit organization based in Richmond, VA, classified under NTEE code E21. The organization reported total revenue of $143.8M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bon Secours Memorial Regional Medical Center Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bon Secours Memorial Regional Medical Center Llc is a major nonprofit that has been operating for 31 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $399.3M |
| Total Expenses | $388.2M |
| Surplus / Deficit | +$11.1M |
| Total Assets | $347.8M |
| Total Liabilities | $130.7M |
| Net Assets | $217.0M |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 37.6% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2018, Bon Secours Memorial Regional Medical Center Llc reported a surplus of $11.1M with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 37.6% (moderate leverage).
Financial Trends
Over 8 years of filings (2011–2018), Bon Secours Memorial Regional Medical Center Llc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +2.1% | +0.9% | +1.9% |
| 2017 | +1.2% | +3.0% | +0.9% |
| 2016 | +2.3% | +2.4% | +0.7% |
| 2015 | +2.2% | -0.2% | +4.0% |
| 2014 | +1.6% | +3.4% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bon Secours Memorial Regional Medical Center Llc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bon Secours Memorial Regional Medical Center Llc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.6%.
Frequently Asked Questions about Bon Secours Memorial Regional Medical Center Llc
Is Bon Secours Memorial Regional Medical Center Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bon Secours Memorial Regional Medical Center Llc (EIN: 541744931) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bon Secours Memorial Regional Medical Center Llc spend its money?
Detailed spending breakdown data is not yet available for Bon Secours Memorial Regional Medical Center Llc. Check back for updated IRS 990 analysis.
Are donations to Bon Secours Memorial Regional Medical Center Llc tax-deductible?
Bon Secours Memorial Regional Medical Center Llc is registered as a tax-exempt nonprofit (EIN: 541744931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Bon Secours Memorial Regional Medical Center Llc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Bon Secours Memorial Regional Medical Center Llc's revenue has grown by 28.3%, moving from $311.3M to $399.3M. Total assets increased by 19.3% over the same period, from $291.6M to $347.8M. Total functional expenses rose by 28.6%, from $301.9M to $388.2M. In its most recent filing year (2018), Bon Secours Memorial Regional Medical Center Llc reported a surplus of $11.1M, with revenue exceeding expenses. The organization holds $130.7M in liabilities against $347.8M in assets (debt-to-asset ratio: 37.6%), resulting in net assets of $217.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $399.3M | $388.2M | $347.8M | $130.7M | — | View 990 |
| 2017 | $390.9M | $384.9M | $341.4M | $150.9M | — | View 990 |
| 2016 | $386.5M | $373.6M | $338.4M | $165.8M | — | View 990 |
| 2015 | $377.7M | $365.0M | $336.0M | $151.1M | — | View 990 |
| 2014 | $369.7M | $365.6M | $323.0M | $141.3M | — | View 990 |
| 2013 | $363.9M | $353.7M | $328.5M | $142.1M | — | View 990 |
| 2012 | $353.1M | $334.5M | $315.9M | $159.6M | — | View 990 |
| 2011 | $311.3M | $301.9M | $291.6M | $128.7M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $399.3M, expenses of $388.2M, and assets of $347.8M (revenue +2.1% year-over-year).
- 2017: Revenue of $390.9M, expenses of $384.9M, and assets of $341.4M (revenue +1.2% year-over-year).
- 2016: Revenue of $386.5M, expenses of $373.6M, and assets of $338.4M (revenue +2.3% year-over-year).
- 2015: Revenue of $377.7M, expenses of $365.0M, and assets of $336.0M (revenue +2.2% year-over-year).
- 2014: Revenue of $369.7M, expenses of $365.6M, and assets of $323.0M (revenue +1.6% year-over-year).
- 2013: Revenue of $363.9M, expenses of $353.7M, and assets of $328.5M (revenue +3.1% year-over-year).
- 2012: Revenue of $353.1M, expenses of $334.5M, and assets of $315.9M (revenue +13.4% year-over-year).
- 2011: Revenue of $311.3M, expenses of $301.9M, and assets of $291.6M.
Data Sources and Methodology
This transparency report for Bon Secours Memorial Regional Medical Center Llc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.