Duplin Medical Association Inc
EIN: 561414420 · Rose Hill, NC · NTEE: E39Z
| Metric | Value |
|---|---|
| Total Revenue | $526K |
| Total Expenses | $721K |
| Net Assets | $21K |
Is Duplin Medical Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Duplin Medical Association Inc
Duplin Medical Association Inc (EIN: 561414420) is a nonprofit organization based in Rose Hill, NC, classified under NTEE code E39Z. The organization reported total revenue of $526K and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Duplin Medical Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Duplin Medical Association Inc is a small nonprofit that has been operating for 47 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $526K |
| Total Expenses | $721K |
| Surplus / Deficit | $-194,989 |
| Total Assets | $92K |
| Total Liabilities | $71K |
| Net Assets | $21K |
| Operating Margin | -37.1% |
| Debt-to-Asset Ratio | 77.4% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2024, Duplin Medical Association Inc reported a deficit of $195K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 77.4% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Duplin Medical Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -19.2% | -3.9% | -57.3% |
| 2023 | -29.2% | -10.5% | -33.0% |
| 2022 | +22.2% | +12.2% | -27.1% |
| 2021 | -7.3% | +2.2% | +19.7% |
| 2020 | +8.5% | -5.1% | +154.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Duplin Medical Association Inc 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 Duplin Medical Association Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $195K, with expenses exceeding revenue.
- Debt-to-asset ratio: 77.4%.
Frequently Asked Questions about Duplin Medical Association Inc
Is Duplin Medical Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Duplin Medical Association Inc (EIN: 561414420) insufficient data. 0 red flags identified, 0 strengths noted.
How does Duplin Medical Association Inc spend its money?
Detailed spending breakdown data is not yet available for Duplin Medical Association Inc. Check back for updated IRS 990 analysis.
Are donations to Duplin Medical Association Inc tax-deductible?
Duplin Medical Association Inc is registered as a tax-exempt nonprofit (EIN: 561414420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Duplin Medical Association Inc located?
Duplin Medical Association Inc is headquartered in Rose Hill, North Carolina and files with the IRS under EIN 561414420. It is classified under NTEE code E39Z.
How many years of IRS 990 filings does Duplin Medical Association Inc have?
Duplin Medical Association Inc has 14 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 $526K in total revenue.
Filing History
IRS 990 filing history for Duplin Medical Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Duplin Medical Association Inc's revenue has declined by 29.2%, moving from $743K to $526K. Total assets increased by 0.3% over the same period, from $92K to $92K. Total functional expenses rose by 0.6%, from $717K to $721K. In its most recent filing year (2024), Duplin Medical Association Inc reported a deficit of $195K, with expenses exceeding revenue. The organization holds $71K in liabilities against $92K in assets (debt-to-asset ratio: 77.4%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $526K | $721K | $92K | $71K | — | — |
| 2023 | $651K | $750K | $216K | $0 | — | View 990 |
| 2022 | $920K | $838K | $322K | $7K | — | View 990 |
| 2021 | $753K | $747K | $442K | $209K | — | — |
| 2020 | $812K | $731K | $369K | $142K | — | View 990 |
| 2019 | $749K | $770K | $145K | $0 | — | View 990 |
| 2018 | $729K | $745K | $166K | $0 | — | View 990 |
| 2017 | $747K | $718K | $183K | $0 | — | View 990 |
| 2016 | $798K | $753K | $186K | $33K | — | View 990 |
| 2015 | $485K | $598K | $164K | $26K | — | View 990 |
| 2014 | $716K | $630K | $279K | $29K | — | View 990 |
| 2013 | $732K | $679K | $165K | $0 | — | View 990 |
| 2012 | $705K | $685K | $118K | $7K | — | View 990 |
| 2011 | $743K | $717K | $92K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $526K, expenses of $721K, and assets of $92K (revenue -19.2% year-over-year).
- 2023: Revenue of $651K, expenses of $750K, and assets of $216K (revenue -29.2% year-over-year).
- 2022: Revenue of $920K, expenses of $838K, and assets of $322K (revenue +22.2% year-over-year).
- 2021: Revenue of $753K, expenses of $747K, and assets of $442K (revenue -7.3% year-over-year).
- 2020: Revenue of $812K, expenses of $731K, and assets of $369K (revenue +8.5% year-over-year).
- 2019: Revenue of $749K, expenses of $770K, and assets of $145K (revenue +2.7% year-over-year).
- 2018: Revenue of $729K, expenses of $745K, and assets of $166K (revenue -2.5% year-over-year).
- 2017: Revenue of $747K, expenses of $718K, and assets of $183K (revenue -6.3% year-over-year).
- 2016: Revenue of $798K, expenses of $753K, and assets of $186K (revenue +64.3% year-over-year).
- 2015: Revenue of $485K, expenses of $598K, and assets of $164K (revenue -32.2% year-over-year).
- 2014: Revenue of $716K, expenses of $630K, and assets of $279K (revenue -2.2% year-over-year).
- 2013: Revenue of $732K, expenses of $679K, and assets of $165K (revenue +3.8% year-over-year).
- 2012: Revenue of $705K, expenses of $685K, and assets of $118K (revenue -5.2% year-over-year).
- 2011: Revenue of $743K, expenses of $717K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Duplin Medical Association Inc:
Data Sources and Methodology
This transparency report for Duplin Medical Association 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.