Genoa Medical Services Foundation
EIN: 470762829 · Genoa, NE · NTEE: P20Z
| Metric | Value |
|---|---|
| Total Expenses | $5K |
| Net Assets | $75K |
Is Genoa Medical Services Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Genoa Medical Services Foundation
Genoa Medical Services Foundation (EIN: 470762829) is a nonprofit organization based in Genoa, NE, classified under NTEE code P20Z. 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 Genoa Medical Services Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Genoa Medical Services Foundation is a micro nonprofit that has been operating for 33 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $5K |
| Surplus / Deficit | +$15K |
| Total Assets | $75K |
| Net Assets | $75K |
| Operating Margin | 74.4% |
| Months of Reserves | 167.9 months |
Financial Health Grade: A
In 2021, Genoa Medical Services Foundation reported a surplus of $15K with revenue exceeding expenses, holds 167.9 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2021), Genoa Medical Services Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +85.1% | -73.8% | +26.1% |
| 2020 | -80.2% | -66.6% | -13.4% |
| 2019 | +41.5% | -40.0% | -6.2% |
| 2018 | -88.4% | -55.3% | -45.9% |
| 2017 | +1334.2% | +499.0% | +492.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Genoa Medical Services Foundation 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 Genoa Medical Services Foundation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Frequently Asked Questions about Genoa Medical Services Foundation
Is Genoa Medical Services Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Genoa Medical Services Foundation (EIN: 470762829) insufficient data. 0 red flags identified, 0 strengths noted.
How does Genoa Medical Services Foundation spend its money?
Detailed spending breakdown data is not yet available for Genoa Medical Services Foundation. Check back for updated IRS 990 analysis.
Are donations to Genoa Medical Services Foundation tax-deductible?
Genoa Medical Services Foundation is registered as a tax-exempt nonprofit (EIN: 470762829). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Genoa Medical Services Foundation located?
Genoa Medical Services Foundation is headquartered in Genoa, Nebraska and files with the IRS under EIN 470762829. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Genoa Medical Services Foundation have?
Genoa Medical Services Foundation 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.
Filing History
IRS 990 filing history for Genoa Medical Services Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Genoa Medical Services Foundation's revenue has grown by 148.1%, moving from $8K to $21K. Total assets increased by 1842.1% over the same period, from $4K to $75K. Total functional expenses fell by 64.7%, from $15K to $5K. In its most recent filing year (2021), Genoa Medical Services Foundation reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $21K | $5K | $75K | $0 | — | — |
| 2020 | $11K | $20K | $59K | $0 | — | View 990 |
| 2019 | $57K | $61K | $68K | $0 | — | View 990 |
| 2018 | $40K | $102K | $73K | $0 | — | View 990 |
| 2017 | $345K | $227K | $134K | $0 | — | — |
| 2015 | $24K | $38K | $23K | $0 | — | View 990 |
| 2014 | $27K | $8K | $37K | $0 | — | View 990 |
| 2013 | $14K | $46K | $18K | $0 | — | View 990 |
| 2012 | $47K | $320 | $50K | $0 | — | View 990 |
| 2011 | $8K | $15K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $21K, expenses of $5K, and assets of $75K (revenue +85.1% year-over-year).
- 2020: Revenue of $11K, expenses of $20K, and assets of $59K (revenue -80.2% year-over-year).
- 2019: Revenue of $57K, expenses of $61K, and assets of $68K (revenue +41.5% year-over-year).
- 2018: Revenue of $40K, expenses of $102K, and assets of $73K (revenue -88.4% year-over-year).
- 2017: Revenue of $345K, expenses of $227K, and assets of $134K (revenue +1334.2% year-over-year).
- 2015: Revenue of $24K, expenses of $38K, and assets of $23K (revenue -10.3% year-over-year).
- 2014: Revenue of $27K, expenses of $8K, and assets of $37K (revenue +93.8% year-over-year).
- 2013: Revenue of $14K, expenses of $46K, and assets of $18K (revenue -70.3% year-over-year).
- 2012: Revenue of $47K, expenses of $320, and assets of $50K (revenue +457.7% year-over-year).
- 2011: Revenue of $8K, expenses of $15K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Genoa Medical Services Foundation:
Data Sources and Methodology
This transparency report for Genoa Medical Services Foundation 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.