Gannett Group Life Insurance & Medical Care Programs
EIN: 541671288 · Mclean, VA
| Metric | Value |
|---|---|
| Total Expenses | $98.9M |
| Net Assets | $897K |
Is Gannett Group Life Insurance & Medical Care Programs Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gannett Group Life Insurance & Medical Care Programs
Gannett Group Life Insurance & Medical Care Programs (EIN: 541671288) is a nonprofit organization based in Mclean, VA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gannett Group Life Insurance & Medical Care Programs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gannett Group Life Insurance & Medical Care Programs is a major nonprofit, with 5 years of IRS 990 filings on record (2010–2014). Revenue has grown at a compound annual rate of -9.4%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $103.9M |
| Total Expenses | $98.9M |
| Surplus / Deficit | +$4.9M |
| Total Assets | $11.8M |
| Total Liabilities | $10.9M |
| Net Assets | $897K |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 92.4% |
| Months of Reserves | 1.4 months |
Financial Health Grade: B
In 2014, Gannett Group Life Insurance & Medical Care Programs reported a surplus of $4.9M with revenue exceeding expenses, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 92.4% (high leverage).
Financial Trends
Over 5 years of filings (2010–2014), Gannett Group Life Insurance & Medical Care Programs's revenue has declined at a compound annual growth rate (CAGR) of -9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -24.6% | -27.0% | -7.9% |
| 2013 | -0.7% | -8.1% | +49.3% |
| 2012 | -1.1% | +6.0% | -52.6% |
| 2011 | -9.1% | -10.6% | -5.1% |
AI Analysis Pending
AI enrichment for Gannett Group Life Insurance & Medical Care Programs 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 Gannett Group Life Insurance & Medical Care Programs 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 92.4%.
Frequently Asked Questions about Gannett Group Life Insurance & Medical Care Programs
Is Gannett Group Life Insurance & Medical Care Programs a legitimate charity?
Gannett Group Life Insurance & Medical Care Programs (EIN: 541671288) is a registered tax-exempt nonprofit based in Virginia. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Gannett Group Life Insurance & Medical Care Programs spend its money?
Gannett Group Life Insurance & Medical Care Programs reported its financials in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gannett Group Life Insurance & Medical Care Programs tax-deductible?
Gannett Group Life Insurance & Medical Care Programs is registered as a tax-exempt nonprofit (EIN: 541671288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gannett Group Life Insurance & Medical Care Programs located?
Gannett Group Life Insurance & Medical Care Programs is headquartered in Mclean, Virginia and files with the IRS under EIN 541671288.
How many years of IRS 990 filings does Gannett Group Life Insurance & Medical Care Programs have?
Gannett Group Life Insurance & Medical Care Programs has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Gannett Group Life Insurance & Medical Care Programs showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2010–2014), Gannett Group Life Insurance & Medical Care Programs's revenue has declined by 32.7%, moving from $154.4M to $103.9M. Total assets decreased by 38.1% over the same period, from $19.1M to $11.8M. Total functional expenses fell by 36.4%, from $155.6M to $98.9M. In its most recent filing year (2014), Gannett Group Life Insurance & Medical Care Programs reported a surplus of $4.9M, with revenue exceeding expenses. The organization holds $10.9M in liabilities against $11.8M in assets (debt-to-asset ratio: 92.4%), resulting in net assets of $897K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $103.9M | $98.9M | $11.8M | $10.9M | — | View 990 |
| 2013 | $137.8M | $135.6M | $12.8M | $15.4M | — | View 990 |
| 2012 | $138.7M | $147.5M | $8.6M | $15.6M | — | View 990 |
| 2011 | $140.3M | $139.1M | $18.1M | $16.9M | — | View 990 |
| 2010 | $154.4M | $155.6M | $19.1M | $18.7M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $103.9M, expenses of $98.9M, and assets of $11.8M (revenue -24.6% year-over-year).
- 2013: Revenue of $137.8M, expenses of $135.6M, and assets of $12.8M (revenue -0.7% year-over-year).
- 2012: Revenue of $138.7M, expenses of $147.5M, and assets of $8.6M (revenue -1.1% year-over-year).
- 2011: Revenue of $140.3M, expenses of $139.1M, and assets of $18.1M (revenue -9.1% year-over-year).
- 2010: Revenue of $154.4M, expenses of $155.6M, and assets of $19.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gannett Group Life Insurance & Medical Care Programs:
Data Sources and Methodology
This transparency report for Gannett Group Life Insurance & Medical Care Programs 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.