Medical Foundation Of South Mississippi Inc

EIN: 640822753 · Biloxi, MS

$0Revenue
$22KAssets
0/100Mission Score (Very Poor)

Is Medical Foundation Of South Mississippi Inc Legit?

Insufficient Data

GoodFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

About Medical Foundation Of South Mississippi Inc

Medical Foundation Of South Mississippi Inc (EIN: 640822753) is a nonprofit organization based in Biloxi, MS. The organization reported total revenue of $0 and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medical Foundation Of South Mississippi Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

31Years Operating
MicroSize Classification
13Years of Filings
DecliningRevenue Trajectory

Medical Foundation Of South Mississippi Inc is a micro nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2021-100.0%+0.0%
2020-95.7%+0.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1995

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Medical Foundation Of South Mississippi 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 Foundation Of South Mississippi 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:

$22KTotal Assets
$36.8MTotal Liabilities
$-36,728,256Net Assets
  • Debt-to-asset ratio: 167190.9%.

Frequently Asked Questions about Medical Foundation Of South Mississippi Inc

Is Medical Foundation Of South Mississippi Inc a legitimate charity?

Medical Foundation Of South Mississippi Inc (EIN: 640822753) is a registered tax-exempt nonprofit based in Mississippi. It has 13 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.

How does Medical Foundation Of South Mississippi Inc spend its money?

Medical Foundation Of South Mississippi Inc reported its financials in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to Medical Foundation Of South Mississippi Inc tax-deductible?

Medical Foundation Of South Mississippi Inc is registered as a tax-exempt nonprofit (EIN: 640822753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Medical Foundation Of South Mississippi Inc located?

Medical Foundation Of South Mississippi Inc is headquartered in Biloxi, Mississippi and files with the IRS under EIN 640822753.

How many years of IRS 990 filings does Medical Foundation Of South Mississippi Inc have?

Medical Foundation Of South Mississippi 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.

Filing History

IRS 990 filing history for Medical Foundation Of South Mississippi Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Medical Foundation Of South Mississippi Inc's revenue has declined by 100%, moving from $10K to $0. Total assets decreased by 35.8% over the same period, from $34K to $22K. Total functional expenses fell by 100%, from $2.0M to $0. The organization holds $36.8M in liabilities against $22K in assets (debt-to-asset ratio: 167190.9%), resulting in net assets of $-36,728,256.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $0 $0 $22K $36.8M View 990
2022 $0 $0 $22K $36.8M View 990
2021 $0 $0 $22K $36.8M View 990
2020 $14 $0 $22K $36.8M View 990
2019 $324 $0 $22K $36.8M View 990
2018 $0 $0 $22K $36.8M View 990
2017 $0 $141 $22K $36.8M
2016 $0 $665 $22K $36.8M View 990
2015 $0 $2K $22K $36.8M View 990
2014 $669 $2.4M $24K $36.8M View 990
2013 $601 $2.2M $26K $34.3M View 990
2012 $9K $2.1M $28K $32.1M View 990
2011 $10K $2.0M $34K $30.0M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $0, expenses of $0, and assets of $22K.
  • 2022: Revenue of $0, expenses of $0, and assets of $22K.
  • 2021: Revenue of $0, expenses of $0, and assets of $22K (revenue -100.0% year-over-year).
  • 2020: Revenue of $14, expenses of $0, and assets of $22K (revenue -95.7% year-over-year).
  • 2019: Revenue of $324, expenses of $0, and assets of $22K.
  • 2018: Revenue of $0, expenses of $0, and assets of $22K.
  • 2017: Revenue of $0, expenses of $141, and assets of $22K.
  • 2016: Revenue of $0, expenses of $665, and assets of $22K.
  • 2015: Revenue of $0, expenses of $2K, and assets of $22K (revenue -100.0% year-over-year).
  • 2014: Revenue of $669, expenses of $2.4M, and assets of $24K (revenue +11.3% year-over-year).
  • 2013: Revenue of $601, expenses of $2.2M, and assets of $26K (revenue -93.4% year-over-year).
  • 2012: Revenue of $9K, expenses of $2.1M, and assets of $28K (revenue -10.8% year-over-year).
  • 2011: Revenue of $10K, expenses of $2.0M, and assets of $34K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Medical Foundation Of South Mississippi Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Medical Foundation Of South Mississippi 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.

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