China Medical Board Inc
China Medical Board Inc. maintains substantial assets and reports zero officer compensation across all filings.
EIN: 131659619 · Cambridge, MA · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60.7M |
| Total Expenses | $14.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $300 |
| Net Assets | $328.4M |
| Transparency Score | 95/100 |
Is China Medical Board Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
China Medical Board Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About China Medical Board Inc
China Medical Board Inc (EIN: 131659619) is a nonprofit organization based in Cambridge, MA, classified under NTEE code T23. The organization reported total revenue of $60.7M and total assets of $337.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of China Medical Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
China Medical Board Inc is a major nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $14.6M |
| Surplus / Deficit | $-6,436,351 |
| Total Assets | $329.1M |
| Total Liabilities | $689K |
| Net Assets | $328.4M |
| Operating Margin | -78.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 269.8 months |
Financial Health Grade: B
In 2023, China Medical Board Inc reported a deficit of $6.4M with expenses exceeding revenue, holds 269.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2023), China Medical Board Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.0% | +43.6% | -0.7% |
| 2022 | -67.5% | +3.7% | -12.5% |
| 2021 | +174.1% | -17.1% | +14.9% |
| 2020 | +35.7% | +99.3% | +11.9% |
| 2019 | -77.0% | -46.8% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates China Medical Board Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, China Medical Board Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with assets exceeding $300 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of China Medical Board Inc's IRS 990 filings:
- Significant year-over-year revenue fluctuations (e.g., $42M in 202112 to $8M in 202312) could indicate reliance on unpredictable funding sources or investment returns.
Strengths
The following positive indicators were identified for China Medical Board Inc:
- Strong asset base, with assets consistently above $200 million and reaching $329,113,033 in 202312.
- Consistent reporting of 0% officer compensation across all filings, indicating a high degree of financial efficiency and commitment to mission.
- Long and consistent IRS 990 filing history (10 filings), demonstrating transparency and accountability.
- Low liabilities relative to assets (e.g., $689,395 liabilities vs. $329,113,033 assets in 202312), indicating strong financial health.
Frequently Asked Questions about China Medical Board Inc
Is China Medical Board Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, China Medical Board Inc (EIN: 131659619) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does China Medical Board Inc spend its money?
China Medical Board Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to China Medical Board Inc tax-deductible?
China Medical Board Inc is registered as a tax-exempt nonprofit (EIN: 131659619). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the China Medical Board Inc CEO make?
China Medical Board Inc's highest-compensated officer earns $300 annually. The organization reported $60.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of China Medical Board Inc's spending goes to programs?
China Medical Board Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does China Medical Board Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), China Medical Board Inc is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is China Medical Board Inc located?
China Medical Board Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 131659619. It is classified under NTEE code T23.
How many years of IRS 990 filings does China Medical Board Inc have?
China Medical Board Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $60.7M in total revenue.
Is China Medical Board Inc. a good charity?
Based on the available data, China Medical Board Inc. appears to be a very good charity. It maintains a strong financial position with significant assets, consistently reports zero officer compensation, and has a long history of financial filings.
How does China Medical Board Inc. manage its expenses?
The organization's expenses have varied, for example, $14,636,116 in 202312 and $10,190,280 in 202212. A notable aspect of its expense management is the consistent reporting of 0% officer compensation, suggesting a focus on directing funds to its mission rather than executive salaries.
What is the financial stability of China Medical Board Inc.?
China Medical Board Inc. demonstrates strong financial stability, with assets consistently over $200 million, reaching $329,113,033 in the latest 202312 filing. This substantial asset base provides a solid foundation for its long-term operations.
Filing History
IRS 990 filing history for China Medical Board Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), China Medical Board Inc's revenue has declined by 8%, moving from $8.9M to $8.2M. Total assets increased by 56.3% over the same period, from $210.6M to $329.1M. Total functional expenses rose by 9.5%, from $13.4M to $14.6M. In its most recent filing year (2023), China Medical Board Inc reported a deficit of $6.4M, with expenses exceeding revenue. The organization holds $689K in liabilities against $329.1M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $328.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.2M | $14.6M | $329.1M | $689K | — | View 990 |
| 2022 | $13.7M | $10.2M | $331.4M | $815K | — | View 990 |
| 2021 | $42.1M | $9.8M | $378.9M | $1.3M | — | View 990 |
| 2020 | $15.4M | $11.8M | $329.7M | $1.4M | — | View 990 |
| 2019 | $11.3M | $5.9M | $294.7M | $1.0M | — | View 990 |
| 2019 | $49.2M | $11.2M | $289.0M | $814K | — | View 990 |
| 2015 | $21.3M | $10.2M | $230.1M | $3.0M | — | View 990 |
| 2014 | $13.0M | $12.6M | $226.9M | $4.4M | — | View 990 |
| 2013 | $10.5M | $12.1M | $214.4M | $7.7M | — | View 990 |
| 2012 | $8.9M | $13.4M | $210.6M | $6.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.2M, expenses of $14.6M, and assets of $329.1M (revenue -40.0% year-over-year).
- 2022: Revenue of $13.7M, expenses of $10.2M, and assets of $331.4M (revenue -67.5% year-over-year).
- 2021: Revenue of $42.1M, expenses of $9.8M, and assets of $378.9M (revenue +174.1% year-over-year).
- 2020: Revenue of $15.4M, expenses of $11.8M, and assets of $329.7M (revenue +35.7% year-over-year).
- 2019: Revenue of $11.3M, expenses of $5.9M, and assets of $294.7M (revenue -77.0% year-over-year).
- 2019: Revenue of $49.2M, expenses of $11.2M, and assets of $289.0M (revenue +131.4% year-over-year).
- 2015: Revenue of $21.3M, expenses of $10.2M, and assets of $230.1M (revenue +63.3% year-over-year).
- 2014: Revenue of $13.0M, expenses of $12.6M, and assets of $226.9M (revenue +24.0% year-over-year).
- 2013: Revenue of $10.5M, expenses of $12.1M, and assets of $214.4M (revenue +17.8% year-over-year).
- 2012: Revenue of $8.9M, expenses of $13.4M, and assets of $210.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for China Medical Board Inc:
Data Sources and Methodology
This transparency report for China Medical Board Inc 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.