Madison County Medical Group Inc
Madison County Medical Group Inc faces declining revenue and consistent operating deficits, relying on reserves.
EIN: 205180288 · Huntsville, AR · NTEE: E30 · Updated: 2026-03-28
Is Madison County Medical Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Madison County Medical Group Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Madison County Medical Group Inc
Madison County Medical Group Inc (EIN: 205180288) is a nonprofit organization based in Huntsville, AR, classified under NTEE code E30. The organization reported total revenue of $91K and total assets of $357K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madison County Medical Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Madison County Medical Group Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Madison County Medical Group Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive compensation, which is highly unusual for an organization with assets of $357,131 and annual expenses often exceeding $70,000.
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 Madison County Medical Group Inc's IRS 990 filings:
- Significant and sustained revenue decline over the past decade, from $599,841 in 2014 to $57,059 in 2023.
- Consistent operating deficits in recent years (e.g., $21,554 deficit in 2023, $67,589 deficit in 2022), indicating expenses regularly exceed revenue.
- Unusually low revenue ($28,402) in 2022 compared to expenses ($95,991), leading to a large deficit.
Strengths
The following positive indicators were identified for Madison County Medical Group Inc:
- Strong asset base of $357,131 with no reported liabilities, providing a buffer against operating deficits.
- Consistent IRS 990 filing history, demonstrating good transparency.
- 0% officer compensation reported, indicating a lean approach to executive pay.
Frequently Asked Questions about Madison County Medical Group Inc
Is Madison County Medical Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Madison County Medical Group Inc (EIN: 205180288) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Madison County Medical Group Inc spend its money?
Madison County Medical Group Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Madison County Medical Group Inc tax-deductible?
Madison County Medical Group Inc is registered as a tax-exempt nonprofit (EIN: 205180288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Madison County Medical Group Inc financially sustainable given its revenue decline?
The organization has experienced a significant decline in revenue, from $599,841 in 2014 to $57,059 in 2023, and has consistently spent more than it earned in recent years (e.g., $78,613 expenses vs. $57,059 revenue in 2023). While it has substantial assets ($357,131) and no liabilities, this trend is not sustainable long-term without new revenue strategies or expense reductions.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation suggests that leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation. While this can reduce overhead, it might also indicate challenges in attracting or retaining professional leadership, or that the organization's operations are very small-scale despite its asset base.
What caused the sharp revenue drop between 2014 and subsequent years?
The revenue dropped from $599,841 in 2014 to $71,327 in 2018, and has continued to decline. The provided data does not specify the cause, but such a significant and sustained decline warrants further investigation into changes in funding sources, program activities, or operational scope.
Filing History
IRS 990 filing history for Madison County Medical Group Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Madison County Medical Group Inc's revenue has declined by 33.9%, moving from $86K to $57K. Total assets increased by 271.8% over the same period, from $96K to $357K. Total functional expenses rose by 17.5%, from $67K to $79K. In its most recent filing year (2023), Madison County Medical Group Inc reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $79K | $357K | $0 | — | — |
| 2022 | $28K | $96K | $343K | $0 | — | — |
| 2021 | $87K | $127K | $413K | $0 | — | — |
| 2020 | $97K | $113K | $499K | $0 | — | — |
| 2019 | $129K | $116K | $477K | $0 | — | View 990 |
| 2018 | $71K | $83K | $463K | $0 | — | View 990 |
| 2014 | $600K | $86K | $541K | $0 | — | View 990 |
| 2013 | $92K | $107K | $27K | $0 | — | View 990 |
| 2012 | $88K | $82K | $56K | $0 | — | View 990 |
| 2011 | $86K | $67K | $96K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $79K, and assets of $357K (revenue +100.9% year-over-year).
- 2022: Revenue of $28K, expenses of $96K, and assets of $343K (revenue -67.3% year-over-year).
- 2021: Revenue of $87K, expenses of $127K, and assets of $413K (revenue -10.0% year-over-year).
- 2020: Revenue of $97K, expenses of $113K, and assets of $499K (revenue -24.9% year-over-year).
- 2019: Revenue of $129K, expenses of $116K, and assets of $477K (revenue +80.3% year-over-year).
- 2018: Revenue of $71K, expenses of $83K, and assets of $463K (revenue -88.1% year-over-year).
- 2014: Revenue of $600K, expenses of $86K, and assets of $541K (revenue +554.9% year-over-year).
- 2013: Revenue of $92K, expenses of $107K, and assets of $27K (revenue +3.5% year-over-year).
- 2012: Revenue of $88K, expenses of $82K, and assets of $56K (revenue +2.5% year-over-year).
- 2011: Revenue of $86K, expenses of $67K, and assets of $96K.
Data Sources and Methodology
This transparency report for Madison County Medical Group 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.