Medical Learning Institute Inc
Medical Learning Institute Inc reports no officer compensation despite significant revenue fluctuations.
EIN: 205007618 · Tarpon Spgs, FL · NTEE: B60 · Updated: 2026-03-28
Is Medical Learning Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Medical Learning Institute Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Medical Learning Institute Inc
Medical Learning Institute Inc (EIN: 205007618) is a nonprofit organization based in Tarpon Spgs, FL, classified under NTEE code B60. The organization reported total revenue of $8.4M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medical Learning Institute 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 Medical Learning Institute Inc with a Mission Score of 90 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, Medical Learning Institute Inc 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.
Executive Compensation Analysis
Medical Learning Institute Inc consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual for an organization of its size and revenue.
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 Medical Learning Institute Inc's IRS 990 filings:
- Significant revenue and expense fluctuations without clear explanation in provided data
- Lack of detailed functional expense breakdown in provided data to fully assess spending efficiency beyond executive compensation
Strengths
The following positive indicators were identified for Medical Learning Institute Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high transparency and mission focus
- Assets consistently exceed liabilities, demonstrating financial stability
- Substantial growth in revenue and assets over the past decade (e.g., from $1.3M revenue in 2014 to $21.5M in 2022)
- Strong financial health with a healthy asset-to-liability ratio
Frequently Asked Questions about Medical Learning Institute Inc
Is Medical Learning Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Medical Learning Institute Inc (EIN: 205007618) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Medical Learning Institute Inc spend its money?
Medical Learning Institute Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Medical Learning Institute Inc tax-deductible?
Medical Learning Institute Inc is registered as a tax-exempt nonprofit (EIN: 205007618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Medical Learning Institute Inc a good charity?
Based on the available data, Medical Learning Institute Inc demonstrates strong financial transparency by reporting 0% officer compensation across all filings. This suggests a high dedication to its mission, as funds are not diverted to executive salaries. However, a full assessment would require a detailed breakdown of program, administrative, and fundraising expenses.
Why is officer compensation consistently 0%?
The consistent reporting of 0% officer compensation suggests that the organization either operates with an entirely volunteer executive leadership, or executive functions are compensated through other means not categorized as 'officer compensation' on the 990, or are part of a larger entity where compensation is reported elsewhere. This is a significant positive for donor confidence and efficiency.
What caused the significant revenue decline from 2021 to 2022?
Revenue decreased from $36,728,738 in 2021 to $21,556,516 in 2022, a substantial drop. The IRS 990 filings alone do not provide the specific reasons for this decline, which could be due to changes in funding sources, program scope, or economic factors. Further investigation into their annual reports or financial statements would be needed.
How does the organization manage its liabilities?
The organization's liabilities have fluctuated, peaking at $7,789,244 in 2019 and then decreasing to $1,335,635 in 2022. In all recent periods, assets significantly exceed liabilities (e.g., $4,526,793 in assets vs. $1,335,635 in liabilities in 2022), indicating a healthy financial position regarding debt management.
Filing History
IRS 990 filing history for Medical Learning Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Medical Learning Institute Inc's revenue has grown by 260.1%, moving from $6.0M to $21.6M. Total assets increased by 719.2% over the same period, from $553K to $4.5M. Total functional expenses rose by 328.8%, from $5.9M to $25.2M. In its most recent filing year (2022), Medical Learning Institute Inc reported a deficit of $3.7M, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $4.5M in assets (debt-to-asset ratio: 29.5%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $21.6M | $25.2M | $4.5M | $1.3M | — | View 990 |
| 2021 | $36.7M | $33.4M | $9.3M | $2.4M | — | View 990 |
| 2020 | $32.2M | $27.7M | $10.3M | $4.9M | — | View 990 |
| 2019 | $22.0M | $22.2M | $9.5M | $7.8M | — | View 990 |
| 2018 | $16.7M | $16.8M | $5.1M | $3.2M | — | View 990 |
| 2017 | $20.3M | $21.5M | $2.8M | $12K | — | View 990 |
| 2016 | $10.8M | $9.3M | $4.0M | $7K | — | View 990 |
| 2015 | $8.9M | $7.1M | $2.4M | $25K | — | — |
| 2014 | $1.3M | $1.4M | $362K | $11K | — | View 990 |
| 2013 | $3.1M | $3.0M | $514K | $0 | — | View 990 |
| 2012 | $2.7M | $2.8M | $408K | $4K | — | View 990 |
| 2011 | $3.0M | $2.9M | $547K | $45K | — | View 990 |
| 2010 | $6.0M | $5.9M | $553K | $94K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $21.6M, expenses of $25.2M, and assets of $4.5M (revenue -41.3% year-over-year).
- 2021: Revenue of $36.7M, expenses of $33.4M, and assets of $9.3M (revenue +14.0% year-over-year).
- 2020: Revenue of $32.2M, expenses of $27.7M, and assets of $10.3M (revenue +46.2% year-over-year).
- 2019: Revenue of $22.0M, expenses of $22.2M, and assets of $9.5M (revenue +32.4% year-over-year).
- 2018: Revenue of $16.7M, expenses of $16.8M, and assets of $5.1M (revenue -18.1% year-over-year).
- 2017: Revenue of $20.3M, expenses of $21.5M, and assets of $2.8M (revenue +87.4% year-over-year).
- 2016: Revenue of $10.8M, expenses of $9.3M, and assets of $4.0M (revenue +21.6% year-over-year).
- 2015: Revenue of $8.9M, expenses of $7.1M, and assets of $2.4M (revenue +575.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $362K (revenue -57.7% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.0M, and assets of $514K (revenue +14.6% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.8M, and assets of $408K (revenue -7.7% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.9M, and assets of $547K (revenue -50.7% year-over-year).
- 2010: Revenue of $6.0M, expenses of $5.9M, and assets of $553K.
Data Sources and Methodology
This transparency report for Medical Learning Institute 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.