Health Management Group Ltd
Health Management Group Ltd consistently operates with positive net income and reports no officer compensation.
EIN: 161396939 · Getzville, NY · NTEE: T99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.1M |
| Total Expenses | $9.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $6.8M |
| Transparency Score | 80/100 |
Is Health Management Group Ltd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Health Management Group Ltd directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Health Management Group Ltd
Health Management Group Ltd (EIN: 161396939) is a nonprofit organization based in Getzville, NY, classified under NTEE code T99Z. The organization reported total revenue of $11.1M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Management Group Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Management Group Ltd is a large nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.5M |
| Total Expenses | $9.9M |
| Surplus / Deficit | +$560K |
| Total Assets | $8.8M |
| Total Liabilities | $2.0M |
| Net Assets | $6.8M |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 22.7% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Health Management Group Ltd reported a surplus of $560K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 22.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Health Management Group Ltd's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.1% | -14.0% | +15.6% |
| 2022 | +35.7% | +34.0% | -43.0% |
| 2021 | +7.6% | +7.2% | +0.6% |
| 2020 | -1.4% | +12.7% | +1.6% |
| 2019 | +17.5% | +4.2% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Health Management Group Ltd with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Health Management Group Ltd allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $560K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, which is highly unusual for an organization with over $10 million in annual revenue. This could indicate a volunteer executive leadership or that compensation is categorized differently, warranting further investigation for full transparency.
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 Health Management Group Ltd's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency assessment difficult.
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further inquiry into executive remuneration structure.
Strengths
The following positive indicators were identified for Health Management Group Ltd:
- Consistent positive net income, with revenue generally exceeding expenses (e.g., $10,493,306 revenue vs. $9,933,031 expenses in 2023).
- Long history of IRS 990 filings (13 filings), indicating strong compliance and transparency.
- Stable financial operations with growing revenue over the past decade (from $4,376,621 in 2014 to $10,493,306 in 2023).
- Significant asset base ($8,751,110 in 2023) providing financial stability.
Frequently Asked Questions about Health Management Group Ltd
Is Health Management Group Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Health Management Group Ltd (EIN: 161396939) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Health Management Group Ltd spend its money?
Health Management Group Ltd directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Health Management Group Ltd tax-deductible?
Health Management Group Ltd is registered as a tax-exempt nonprofit (EIN: 161396939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Health Management Group Ltd CEO make?
Health Management Group Ltd's highest-compensated officer earns $10 annually. The organization reported $11.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Health Management Group Ltd's spending goes to programs?
Health Management Group Ltd directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Health Management Group Ltd compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Health Management Group Ltd is above average for NTEE category T99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Health Management Group Ltd located?
Health Management Group Ltd is headquartered in Getzville, New York and files with the IRS under EIN 161396939. It is classified under NTEE code T99Z.
How many years of IRS 990 filings does Health Management Group Ltd have?
Health Management Group Ltd has 13 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 $11.1M in total revenue.
How does Health Management Group Ltd manage to report 0% officer compensation despite its significant revenue?
The consistent reporting of 0% officer compensation across all 13 filings for an organization with over $10 million in annual revenue is highly unusual. This could imply that executive leadership is entirely volunteer-based, or that compensation for key management personnel is categorized under other expense lines, such as 'salaries and wages' for non-officer staff, or through a related entity. Further clarification from the organization would be needed to understand this structure.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. While total expenses are reported (e.g., $9,933,031 in 2023), without the specific categorization from the full 990 form, it's difficult to precisely assess spending efficiency in these areas. The estimated breakdown provided in 'spendingBreakdown' is an assumption based on typical healthy non-profit ratios and the absence of red flags for excessive overhead.
Why did assets fluctuate significantly, from $13,266,135 in 2021 to $8,751,110 in 2023?
The significant fluctuation in assets, particularly the decrease from $13,266,135 in 2021 to $8,751,110 in 2023, could be due to several factors. This might include strategic investments or divestments, changes in the valuation of non-cash assets, or the use of accumulated assets for operational expenses or debt reduction. A review of the balance sheet and statement of functional expenses in the full 990 forms would provide more specific details.
Filing History
IRS 990 filing history for Health Management Group Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Health Management Group Ltd's revenue has grown by 202.7%, moving from $3.5M to $10.5M. Total assets increased by 30.3% over the same period, from $6.7M to $8.8M. Total functional expenses rose by 217.9%, from $3.1M to $9.9M. In its most recent filing year (2023), Health Management Group Ltd reported a surplus of $560K, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $8.8M in assets (debt-to-asset ratio: 22.7%), resulting in net assets of $6.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.5M | $9.9M | $8.8M | $2.0M | — | — |
| 2022 | $11.9M | $11.5M | $7.6M | $1.4M | — | View 990 |
| 2021 | $8.8M | $8.6M | $13.3M | $7.5M | — | View 990 |
| 2020 | $8.2M | $8.0M | $13.2M | $7.7M | — | — |
| 2019 | $8.3M | $7.1M | $13.0M | $7.5M | — | View 990 |
| 2018 | $7.1M | $6.9M | $12.0M | $7.5M | — | View 990 |
| 2017 | $6.1M | $5.9M | $12.1M | $7.9M | — | — |
| 2016 | $6.0M | $5.8M | $8.3M | $4.2M | — | View 990 |
| 2015 | $5.6M | $5.4M | $8.3M | $4.3M | — | View 990 |
| 2014 | $4.4M | $4.3M | $7.7M | $3.9M | — | View 990 |
| 2013 | $4.0M | $3.8M | $8.0M | $4.3M | — | View 990 |
| 2012 | $3.8M | $3.7M | $7.3M | $3.8M | — | View 990 |
| 2011 | $3.5M | $3.1M | $6.7M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.5M, expenses of $9.9M, and assets of $8.8M (revenue -12.1% year-over-year).
- 2022: Revenue of $11.9M, expenses of $11.5M, and assets of $7.6M (revenue +35.7% year-over-year).
- 2021: Revenue of $8.8M, expenses of $8.6M, and assets of $13.3M (revenue +7.6% year-over-year).
- 2020: Revenue of $8.2M, expenses of $8.0M, and assets of $13.2M (revenue -1.4% year-over-year).
- 2019: Revenue of $8.3M, expenses of $7.1M, and assets of $13.0M (revenue +17.5% year-over-year).
- 2018: Revenue of $7.1M, expenses of $6.9M, and assets of $12.0M (revenue +16.3% year-over-year).
- 2017: Revenue of $6.1M, expenses of $5.9M, and assets of $12.1M (revenue +1.8% year-over-year).
- 2016: Revenue of $6.0M, expenses of $5.8M, and assets of $8.3M (revenue +6.7% year-over-year).
- 2015: Revenue of $5.6M, expenses of $5.4M, and assets of $8.3M (revenue +27.6% year-over-year).
- 2014: Revenue of $4.4M, expenses of $4.3M, and assets of $7.7M (revenue +8.1% year-over-year).
- 2013: Revenue of $4.0M, expenses of $3.8M, and assets of $8.0M (revenue +7.0% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.7M, and assets of $7.3M (revenue +9.1% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.1M, and assets of $6.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health Management Group Ltd:
Data Sources and Methodology
This transparency report for Health Management Group Ltd 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.