Haiti Medical Missions Of Memphis
EIN: 621822470 · Memphis, TN · NTEE: Q300
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $388K |
| Net Assets | $141K |
Is Haiti Medical Missions Of Memphis Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Haiti Medical Missions Of Memphis
Haiti Medical Missions Of Memphis (EIN: 621822470) is a nonprofit organization based in Memphis, TN, classified under NTEE code Q300. The organization reported total revenue of $67K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Haiti Medical Missions Of Memphis's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Haiti Medical Missions Of Memphis is a micro nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -8.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $388K |
| Surplus / Deficit | $-320,935 |
| Total Assets | $141K |
| Total Liabilities | $72 |
| Net Assets | $141K |
| Operating Margin | -476.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2022, Haiti Medical Missions Of Memphis reported a deficit of $321K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Haiti Medical Missions Of Memphis's revenue has declined at a compound annual growth rate (CAGR) of -8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -45.2% | +41964.8% | -69.5% |
| 2021 | -20.7% | -99.6% | +35.9% |
| 2020 | -28.3% | +61.9% | -22.4% |
| 2019 | -30.4% | -45.6% | +15.8% |
| 2018 | +36.1% | +40.8% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Haiti Medical Missions Of Memphis 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 Haiti Medical Missions Of Memphis 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $321K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Haiti Medical Missions Of Memphis
Is Haiti Medical Missions Of Memphis a legitimate charity?
Based on AI analysis of IRS 990 filings, Haiti Medical Missions Of Memphis (EIN: 621822470) insufficient data. 0 red flags identified, 0 strengths noted.
How does Haiti Medical Missions Of Memphis spend its money?
Detailed spending breakdown data is not yet available for Haiti Medical Missions Of Memphis. Check back for updated IRS 990 analysis.
Are donations to Haiti Medical Missions Of Memphis tax-deductible?
Haiti Medical Missions Of Memphis is registered as a tax-exempt nonprofit (EIN: 621822470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Haiti Medical Missions Of Memphis located?
Haiti Medical Missions Of Memphis is headquartered in Memphis, Tennessee and files with the IRS under EIN 621822470. It is classified under NTEE code Q300.
How many years of IRS 990 filings does Haiti Medical Missions Of Memphis have?
Haiti Medical Missions Of Memphis has 12 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 $67K in total revenue.
Filing History
IRS 990 filing history for Haiti Medical Missions Of Memphis showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Haiti Medical Missions Of Memphis's revenue has declined by 60%, moving from $168K to $67K. Total assets decreased by 50.1% over the same period, from $283K to $141K. Total functional expenses rose by 45.3%, from $267K to $388K. In its most recent filing year (2022), Haiti Medical Missions Of Memphis reported a deficit of $321K, with expenses exceeding revenue. The organization holds $72 in liabilities against $141K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $141K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $67K | $388K | $141K | $72 | — | — |
| 2021 | $123K | $923 | $462K | $0 | — | — |
| 2020 | $155K | $253K | $340K | $0 | — | — |
| 2019 | $216K | $156K | $438K | $0 | — | View 990 |
| 2018 | $310K | $287K | $378K | $91 | — | View 990 |
| 2017 | $228K | $204K | $355K | $0 | — | — |
| 2016 | $313K | $256K | $320K | $0 | — | View 990 |
| 2015 | $260K | $310K | $264K | $0 | — | View 990 |
| 2014 | $226K | $207K | $314K | $0 | — | View 990 |
| 2013 | $210K | $219K | $295K | $0 | — | View 990 |
| 2012 | $162K | $187K | $251K | $0 | — | View 990 |
| 2011 | $168K | $267K | $283K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $67K, expenses of $388K, and assets of $141K (revenue -45.2% year-over-year).
- 2021: Revenue of $123K, expenses of $923, and assets of $462K (revenue -20.7% year-over-year).
- 2020: Revenue of $155K, expenses of $253K, and assets of $340K (revenue -28.3% year-over-year).
- 2019: Revenue of $216K, expenses of $156K, and assets of $438K (revenue -30.4% year-over-year).
- 2018: Revenue of $310K, expenses of $287K, and assets of $378K (revenue +36.1% year-over-year).
- 2017: Revenue of $228K, expenses of $204K, and assets of $355K (revenue -27.1% year-over-year).
- 2016: Revenue of $313K, expenses of $256K, and assets of $320K (revenue +20.4% year-over-year).
- 2015: Revenue of $260K, expenses of $310K, and assets of $264K (revenue +15.1% year-over-year).
- 2014: Revenue of $226K, expenses of $207K, and assets of $314K (revenue +7.5% year-over-year).
- 2013: Revenue of $210K, expenses of $219K, and assets of $295K (revenue +29.3% year-over-year).
- 2012: Revenue of $162K, expenses of $187K, and assets of $251K (revenue -3.5% year-over-year).
- 2011: Revenue of $168K, expenses of $267K, and assets of $283K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Haiti Medical Missions Of Memphis:
Data Sources and Methodology
This transparency report for Haiti Medical Missions Of Memphis 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.