Medical Education Training And Development Inc
EIN: 383652971 · Grand Rapids, MI · NTEE: E60
| Metric | Value |
|---|---|
| Total Revenue | $567K |
| Total Expenses | $720K |
| Net Assets | $535K |
Is Medical Education Training And Development 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 Training And Development Inc
Medical Education Training And Development Inc (EIN: 383652971) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code E60. The organization reported total revenue of $567K and total assets of $515K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medical Education Training And Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medical Education Training And Development Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $812K |
| Total Expenses | $720K |
| Surplus / Deficit | +$92K |
| Total Assets | $634K |
| Total Liabilities | $98K |
| Net Assets | $535K |
| Operating Margin | 11.3% |
| Debt-to-Asset Ratio | 15.5% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Medical Education Training And Development Inc reported a surplus of $92K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 15.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Medical Education Training And Development Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +1.0% | +38.7% |
| 2022 | +52.4% | +48.2% | +3.6% |
| 2021 | -27.9% | -14.9% | +8.3% |
| 2020 | +4.1% | +6.0% | +31.3% |
| 2019 | +54.0% | +35.4% | +112.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Medical Education Training And Development 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 Training And Development 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 surplus of $92K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.5%.
Frequently Asked Questions about Medical Education Training And Development Inc
Is Medical Education Training And Development Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Medical Education Training And Development Inc (EIN: 383652971) insufficient data. 0 red flags identified, 0 strengths noted.
How does Medical Education Training And Development Inc spend its money?
Detailed spending breakdown data is not yet available for Medical Education Training And Development Inc. Check back for updated IRS 990 analysis.
Are donations to Medical Education Training And Development Inc tax-deductible?
Medical Education Training And Development Inc is registered as a tax-exempt nonprofit (EIN: 383652971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Medical Education Training And Development Inc located?
Medical Education Training And Development Inc is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 383652971. It is classified under NTEE code E60.
How many years of IRS 990 filings does Medical Education Training And Development Inc have?
Medical Education Training And Development Inc 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 $567K in total revenue.
Filing History
IRS 990 filing history for Medical Education Training And Development Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Medical Education Training And Development Inc's revenue has declined by 74.7%, moving from $3.2M to $812K. Total assets decreased by 46.1% over the same period, from $1.2M to $634K. Total functional expenses fell by 75.5%, from $2.9M to $720K. In its most recent filing year (2023), Medical Education Training And Development Inc reported a surplus of $92K, with revenue exceeding expenses. The organization holds $98K in liabilities against $634K in assets (debt-to-asset ratio: 15.5%), resulting in net assets of $535K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $812K | $720K | $634K | $98K | — | — |
| 2022 | $756K | $713K | $457K | $10K | — | — |
| 2021 | $496K | $481K | $441K | $29K | — | View 990 |
| 2020 | $687K | $565K | $407K | $9K | — | — |
| 2019 | $660K | $533K | $310K | $37K | — | View 990 |
| 2018 | $429K | $394K | $146K | $5K | — | View 990 |
| 2017 | $392K | $554K | $248K | $141K | — | View 990 |
| 2016 | $727K | $783K | $336K | $67K | — | View 990 |
| 2015 | $876K | $1.0M | $396K | $39K | — | View 990 |
| 2014 | $823K | $1.0M | $597K | $81K | — | View 990 |
| 2013 | $1.3M | $1.4M | $807K | $141K | — | View 990 |
| 2012 | $1.5M | $1.6M | $1.1M | $112K | — | View 990 |
| 2011 | $3.2M | $2.9M | $1.2M | $273K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $812K, expenses of $720K, and assets of $634K (revenue +7.4% year-over-year).
- 2022: Revenue of $756K, expenses of $713K, and assets of $457K (revenue +52.4% year-over-year).
- 2021: Revenue of $496K, expenses of $481K, and assets of $441K (revenue -27.9% year-over-year).
- 2020: Revenue of $687K, expenses of $565K, and assets of $407K (revenue +4.1% year-over-year).
- 2019: Revenue of $660K, expenses of $533K, and assets of $310K (revenue +54.0% year-over-year).
- 2018: Revenue of $429K, expenses of $394K, and assets of $146K (revenue +9.5% year-over-year).
- 2017: Revenue of $392K, expenses of $554K, and assets of $248K (revenue -46.1% year-over-year).
- 2016: Revenue of $727K, expenses of $783K, and assets of $336K (revenue -17.0% year-over-year).
- 2015: Revenue of $876K, expenses of $1.0M, and assets of $396K (revenue +6.5% year-over-year).
- 2014: Revenue of $823K, expenses of $1.0M, and assets of $597K (revenue -37.1% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $807K (revenue -11.3% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.6M, and assets of $1.1M (revenue -54.0% year-over-year).
- 2011: Revenue of $3.2M, expenses of $2.9M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medical Education Training And Development Inc:
Data Sources and Methodology
This transparency report for Medical Education Training And Development 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.