Medical Education Resources Initiative For Teens Inc
EIN: 471139530 · Baltimore, MD · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $195K |
| Total Expenses | $806K |
| Net Assets | $1.8M |
Is Medical Education Resources Initiative For Teens Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Medical Education Resources Initiative For Teens Inc
Medical Education Resources Initiative For Teens Inc (EIN: 471139530) is a nonprofit organization based in Baltimore, MD, classified under NTEE code O50. The organization reported total revenue of $195K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medical Education Resources Initiative For Teens Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medical Education Resources Initiative For Teens Inc is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $580K |
| Total Expenses | $806K |
| Surplus / Deficit | $-225,892 |
| Total Assets | $1.9M |
| Total Liabilities | $68K |
| Net Assets | $1.8M |
| Operating Margin | -38.9% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 28.1 months |
Financial Health Grade: B
In 2023, Medical Education Resources Initiative For Teens Inc reported a deficit of $226K with expenses exceeding revenue, holds 28.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Medical Education Resources Initiative For Teens Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.0% | -12.6% | -10.4% |
| 2022 | -13.8% | +15.9% | -0.6% |
| 2021 | +43.1% | +1.2% | +11.5% |
| 2020 | -58.4% | -2.0% | +3.8% |
| 2019 | +128.0% | +1.7% | +116.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Medical Education Resources Initiative For Teens Inc 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 Medical Education Resources Initiative For Teens Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $226K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.6%.
Frequently Asked Questions about Medical Education Resources Initiative For Teens Inc
Is Medical Education Resources Initiative For Teens Inc a legitimate charity?
Medical Education Resources Initiative For Teens Inc (EIN: 471139530) is a registered tax-exempt nonprofit based in Maryland. It has 8 years of IRS 990 filings on record. Total revenue: $195K. No red flags identified. Financial health grade: B.
How does Medical Education Resources Initiative For Teens Inc spend its money?
Medical Education Resources Initiative For Teens Inc reported $195K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Medical Education Resources Initiative For Teens Inc tax-deductible?
Medical Education Resources Initiative For Teens Inc is registered as a tax-exempt nonprofit (EIN: 471139530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Medical Education Resources Initiative For Teens Inc located?
Medical Education Resources Initiative For Teens Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 471139530. It is classified under NTEE code O50.
How many years of IRS 990 filings does Medical Education Resources Initiative For Teens Inc have?
Medical Education Resources Initiative For Teens Inc has 8 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 $195K in total revenue.
Filing History
IRS 990 filing history for Medical Education Resources Initiative For Teens Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Medical Education Resources Initiative For Teens Inc's revenue has grown by 27.9%, moving from $454K to $580K. Total assets increased by 415.9% over the same period, from $365K to $1.9M. Total functional expenses rose by 131.3%, from $348K to $806K. In its most recent filing year (2023), Medical Education Resources Initiative For Teens Inc reported a deficit of $226K, with expenses exceeding revenue. The organization holds $68K in liabilities against $1.9M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $580K | $806K | $1.9M | $68K | — | — |
| 2022 | $920K | $922K | $2.1M | $60K | — | View 990 |
| 2021 | $1.1M | $795K | $2.1M | $73K | — | — |
| 2020 | $746K | $786K | $1.9M | $129K | — | View 990 |
| 2019 | $1.8M | $802K | $1.8M | $19K | — | View 990 |
| 2018 | $787K | $789K | $846K | $28K | — | View 990 |
| 2017 | $927K | $452K | $840K | $20K | — | View 990 |
| 2016 | $454K | $348K | $365K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $580K, expenses of $806K, and assets of $1.9M (revenue -37.0% year-over-year).
- 2022: Revenue of $920K, expenses of $922K, and assets of $2.1M (revenue -13.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $795K, and assets of $2.1M (revenue +43.1% year-over-year).
- 2020: Revenue of $746K, expenses of $786K, and assets of $1.9M (revenue -58.4% year-over-year).
- 2019: Revenue of $1.8M, expenses of $802K, and assets of $1.8M (revenue +128.0% year-over-year).
- 2018: Revenue of $787K, expenses of $789K, and assets of $846K (revenue -15.2% year-over-year).
- 2017: Revenue of $927K, expenses of $452K, and assets of $840K (revenue +104.4% year-over-year).
- 2016: Revenue of $454K, expenses of $348K, and assets of $365K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medical Education Resources Initiative For Teens Inc:
Data Sources and Methodology
This transparency report for Medical Education Resources Initiative For Teens 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.