Medical Mission Exchange
Medical Mission Exchange consistently operates at a deficit with declining assets.
EIN: 10663221 · Hanover, NH · NTEE: E02 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $9K |
| Program Spending | 80% |
| Net Assets | $513 |
| Transparency Score | 60/100 |
Is Medical Mission Exchange Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Medical Mission Exchange directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Medical Mission Exchange
Medical Mission Exchange (EIN: 10663221) is a nonprofit organization based in Hanover, NH, classified under NTEE code E02. The organization reported total revenue of $10K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medical Mission Exchange's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medical Mission Exchange is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 49.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $9K |
| Surplus / Deficit | $-32 |
| Total Assets | $514 |
| Total Liabilities | $1 |
| Net Assets | $513 |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2023, Medical Mission Exchange reported a deficit of $32 with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Medical Mission Exchange's revenue has grown at a compound annual growth rate (CAGR) of 49.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.2% | +8.0% | -5.9% |
| 2022 | -12.6% | -7.5% | -80.4% |
| 2021 | +14681.6% | +9.1% | -26.2% |
| 2020 | -99.6% | +6.7% | -67.8% |
| 2019 | +6.4% | -11.3% | +78.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Medical Mission Exchange with a Mission Score of 60 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, Medical Mission Exchange 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure and that no funds are being used for executive salaries, which is positive for resource allocation.
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 Mission Exchange's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., $8,722 expenses vs. $8,690 revenue in 2023.
- Declining asset base from $2,787 in 2021 to $514 in 2023, indicating erosion of financial reserves.
- Very low and fluctuating revenue, suggesting potential instability in funding.
Strengths
The following positive indicators were identified for Medical Mission Exchange:
- Zero officer compensation reported across all filings, indicating a volunteer-driven model and efficient use of funds for personnel.
- Consistently low liabilities, suggesting responsible financial management regarding debt.
- Consistent filing of IRS Form 990s, demonstrating a commitment to basic transparency.
Frequently Asked Questions about Medical Mission Exchange
Is Medical Mission Exchange a legitimate charity?
Based on AI analysis of IRS 990 filings, Medical Mission Exchange (EIN: 10663221) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Medical Mission Exchange spend its money?
Medical Mission Exchange directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Medical Mission Exchange tax-deductible?
Medical Mission Exchange is registered as a tax-exempt nonprofit (EIN: 10663221). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Medical Mission Exchange's spending goes to programs?
Medical Mission Exchange directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Medical Mission Exchange compare to similar nonprofits?
With a transparency score of 60/100 (Good), Medical Mission Exchange is above average for NTEE category E02 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Medical Mission Exchange located?
Medical Mission Exchange is headquartered in Hanover, New Hampshire and files with the IRS under EIN 10663221. It is classified under NTEE code E02.
How many years of IRS 990 filings does Medical Mission Exchange have?
Medical Mission Exchange has 10 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 $10K in total revenue.
Is Medical Mission Exchange financially sustainable?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $8,722 expenses vs. $8,690 revenue in 2023), leading to declining assets. This trend suggests potential financial sustainability challenges if not addressed.
What are the primary sources of Medical Mission Exchange's revenue?
The provided data only shows total revenue figures, not specific sources. With revenue ranging from $49 to $12,098 in recent years, it suggests reliance on small donations or grants.
How does Medical Mission Exchange manage its liabilities?
Liabilities have been consistently low, often reported as $1 or $0, with a peak of $557 in 2019. This indicates the organization is not accumulating significant debt.
Filing History
IRS 990 filing history for Medical Mission Exchange showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Medical Mission Exchange's revenue has grown by 12314.3%, moving from $70 to $9K. Total assets decreased by 98.6% over the same period, from $36K to $514. Total functional expenses fell by 46.8%, from $16K to $9K. In its most recent filing year (2023), Medical Mission Exchange reported a deficit of $32, with expenses exceeding revenue. The organization holds $1 in liabilities against $514 in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $513.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9K | $9K | $514 | $1 | — | — |
| 2022 | $6K | $8K | $546 | $1 | — | View 990 |
| 2021 | $7K | $9K | $3K | $500 | — | — |
| 2020 | $49 | $8K | $4K | $1 | — | — |
| 2019 | $12K | $7K | $12K | $557 | — | View 990 |
| 2015 | $11K | $8K | $7K | $0 | — | View 990 |
| 2014 | $2 | $7K | $4K | $0 | — | View 990 |
| 2013 | $1 | $8K | $11K | $0 | — | View 990 |
| 2012 | $10 | $13K | $19K | $0 | — | View 990 |
| 2011 | $70 | $16K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9K, expenses of $9K, and assets of $514 (revenue +37.2% year-over-year).
- 2022: Revenue of $6K, expenses of $8K, and assets of $546 (revenue -12.6% year-over-year).
- 2021: Revenue of $7K, expenses of $9K, and assets of $3K (revenue +14681.6% year-over-year).
- 2020: Revenue of $49, expenses of $8K, and assets of $4K (revenue -99.6% year-over-year).
- 2019: Revenue of $12K, expenses of $7K, and assets of $12K (revenue +6.4% year-over-year).
- 2015: Revenue of $11K, expenses of $8K, and assets of $7K (revenue +568450.0% year-over-year).
- 2014: Revenue of $2, expenses of $7K, and assets of $4K (revenue +100.0% year-over-year).
- 2013: Revenue of $1, expenses of $8K, and assets of $11K (revenue -90.0% year-over-year).
- 2012: Revenue of $10, expenses of $13K, and assets of $19K (revenue -85.7% year-over-year).
- 2011: Revenue of $70, expenses of $16K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medical Mission Exchange:
Data Sources and Methodology
This transparency report for Medical Mission Exchange 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.