Medical Professional Liability Association
Medical Professional Liability Association: Stable Finances, High Program Spending
EIN: 222205875 · Rockville, MD · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $5.3M |
| Program Spending | 85% |
| Net Assets | $1.8M |
| Transparency Score | 75/100 |
Is Medical Professional Liability Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Medical Professional Liability Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Medical Professional Liability Association
Medical Professional Liability Association (EIN: 222205875) is a nonprofit organization based in Rockville, MD. The organization reported total revenue of $5.8M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medical Professional Liability Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medical Professional Liability Association is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $5.3M |
| Surplus / Deficit | $-13,928 |
| Total Assets | $4.7M |
| Total Liabilities | $2.8M |
| Net Assets | $1.8M |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 60.9% |
| Months of Reserves | 10.5 months |
Financial Health Grade: C
In 2023, Medical Professional Liability Association reported a deficit of $14K with expenses exceeding revenue, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 60.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Medical Professional Liability Association's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.4% | +0.4% | +5.5% |
| 2022 | +4.5% | +18.4% | +10.3% |
| 2021 | +9.6% | +5.1% | +19.4% |
| 2020 | -14.9% | -11.0% | -2.3% |
| 2019 | +3.2% | +0.2% | -7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
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 Professional Liability Association with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Medical Professional Liability Association 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 60.9%.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data as specific compensation figures for executives are not included in the 'f' (filings) data.
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.
Strengths
The following positive indicators were identified for Medical Professional Liability Association:
- Consistent revenue generation over multiple years, indicating financial stability.
- Strong asset base relative to liabilities, suggesting good financial health.
- Zero reported lobbying expenses, aligning with a direct service-oriented mission.
- Consistent program spending, indicating a stable commitment to its core activities.
Frequently Asked Questions about Medical Professional Liability Association
Is Medical Professional Liability Association a legitimate charity?
Medical Professional Liability Association (EIN: 222205875) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.8M. No red flags identified. 4 strengths noted. Financial health grade: C.
How does Medical Professional Liability Association spend its money?
Medical Professional Liability Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Medical Professional Liability Association tax-deductible?
Medical Professional Liability Association is registered as a tax-exempt nonprofit (EIN: 222205875). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Medical Professional Liability Association's spending goes to programs?
Medical Professional Liability Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Medical Professional Liability Association located?
Medical Professional Liability Association is headquartered in Rockville, Maryland and files with the IRS under EIN 222205875.
How many years of IRS 990 filings does Medical Professional Liability Association have?
Medical Professional Liability Association 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 $5.8M in total revenue.
What does Medical Professional Liability Association do?
Medical Professional Liability Association is a nonprofit organization in the Unknown sector, located in Rockville, Maryland. It is classified under NTEE code Unknown.
How much revenue does Medical Professional Liability Association have?
Medical Professional Liability Association reported total revenue of $5,828,440. Based on 13 IRS 990 filings on record.
What are Medical Professional Liability Association's total assets?
Medical Professional Liability Association holds total assets of $5,067,253 as reported in IRS 990 filings.
Where is Medical Professional Liability Association located?
Medical Professional Liability Association is based in Rockville, Maryland.
What is Medical Professional Liability Association's EIN?
Medical Professional Liability Association's Employer Identification Number (EIN) is 222205875. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Medical Professional Liability Association?
Medical Professional Liability Association is classified under NTEE code Unknown (Unknown).
Is Medical Professional Liability Association a registered 501(c)(3)?
Medical Professional Liability Association appears in IRS records (EIN: 222205875). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Medical Professional Liability Association file IRS Form 990?
Yes, Medical Professional Liability Association has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Medical Professional Liability Association's revenue in 2023?
In the 202312 filing period, Medical Professional Liability Association reported total revenue of $5,326,378, total expenses of $5,340,306, and net assets of $4,665,438.
Is Medical Professional Liability Association's revenue growing or declining?
Medical Professional Liability Association's revenue is growing. Revenue went from $4,825,876 (202212) to $5,326,378 (202312), a +10.4% change. Based on 13 filings on record.
What is Medical Professional Liability Association's most recent 990 filing?
The most recent IRS Form 990 filing for Medical Professional Liability Association covers tax period 202312. It shows revenue of $5,326,378, expenses of $5,340,306, total assets of $4,665,438, and liabilities of $2,842,299.
How much does Medical Professional Liability Association spend on programs vs administration?
Based on IRS 990 analysis, Medical Professional Liability Association allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Medical Professional Liability Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Medical Professional Liability Association appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Medical Professional Liability Association's strengths?
Positive indicators for Medical Professional Liability Association include: Consistent revenue generation over multiple years, indicating financial stability.. Strong asset base relative to liabilities, suggesting good financial health.. Zero reported lobbying expenses, aligning with a direct service-oriented mission.. Consistent program spending, indicating a stable commitment to its core activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Medical Professional Liability Association compensate executives?
Executive compensation cannot be assessed from the provided data as specific compensation figures for executives are not included in the 'f' (filings) data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Medical Professional Liability Association?
- The organization consistently reports 0% lobbying costs across all available filings, indicating a focus on direct mission activities rather than political advocacy. - Financial data is consistently available for multiple years, showing a pattern of stable revenue and assets. - The organization's filings provide clear breakdowns of expenses, allowing for a reasonable assessment of spending priorities. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 'c0%' in all filings, what specific activities does the Medical Professional Liability Association undertake to achieve its mission, and how are these activities categorized within their program expenses?
The 'c0%' indicates no lobbying expenses. To understand specific program activities, one would need to review the detailed functional expense breakdown in their Form 990, which would categorize expenses like educational programs, risk management services, or member support, all falling under 'programs'.
How does the organization manage its liabilities, which have shown an increasing trend from $1,173,035 in 2020 to $2,842,299 in 2023, while maintaining a strong asset base?
The increase in liabilities, while notable, is offset by a corresponding increase in assets. For example, in 2023, assets were $4,665,438 against liabilities of $2,842,299. This suggests that the organization is likely managing these liabilities through strategic asset allocation or that the liabilities are related to program delivery or operational growth that is adequately covered by its financial resources.
Filing History
IRS 990 filing history for Medical Professional Liability Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Medical Professional Liability Association's revenue has grown by 33.4%, moving from $4.0M to $5.3M. Total assets increased by 133.3% over the same period, from $2.0M to $4.7M. Total functional expenses rose by 38.1%, from $3.9M to $5.3M. In its most recent filing year (2023), Medical Professional Liability Association reported a deficit of $14K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $4.7M in assets (debt-to-asset ratio: 60.9%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $5.3M | $4.7M | $2.8M | — | — |
| 2022 | $4.8M | $5.3M | $4.4M | $2.6M | — | — |
| 2021 | $4.6M | $4.5M | $4.0M | $1.7M | — | View 990 |
| 2020 | $4.2M | $4.3M | $3.4M | $1.2M | — | View 990 |
| 2019 | $4.9M | $4.8M | $3.4M | $1.2M | — | — |
| 2018 | $4.8M | $4.8M | $3.7M | $1.6M | — | View 990 |
| 2017 | $4.7M | $4.6M | $3.3M | $1.2M | — | — |
| 2016 | $4.8M | $4.7M | $3.5M | $1.5M | — | View 990 |
| 2015 | $4.9M | $4.4M | $2.7M | $840K | — | View 990 |
| 2014 | $4.5M | $4.4M | $1.8M | $426K | — | View 990 |
| 2013 | $4.2M | $4.4M | $1.7M | $411K | — | View 990 |
| 2012 | $4.1M | $4.2M | $1.9M | $363K | — | View 990 |
| 2011 | $4.0M | $3.9M | $2.0M | $411K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $5.3M, and assets of $4.7M (revenue +10.4% year-over-year).
- 2022: Revenue of $4.8M, expenses of $5.3M, and assets of $4.4M (revenue +4.5% year-over-year).
- 2021: Revenue of $4.6M, expenses of $4.5M, and assets of $4.0M (revenue +9.6% year-over-year).
- 2020: Revenue of $4.2M, expenses of $4.3M, and assets of $3.4M (revenue -14.9% year-over-year).
- 2019: Revenue of $4.9M, expenses of $4.8M, and assets of $3.4M (revenue +3.2% year-over-year).
- 2018: Revenue of $4.8M, expenses of $4.8M, and assets of $3.7M (revenue +1.9% year-over-year).
- 2017: Revenue of $4.7M, expenses of $4.6M, and assets of $3.3M (revenue -2.7% year-over-year).
- 2016: Revenue of $4.8M, expenses of $4.7M, and assets of $3.5M (revenue -0.7% year-over-year).
- 2015: Revenue of $4.9M, expenses of $4.4M, and assets of $2.7M (revenue +7.1% year-over-year).
- 2014: Revenue of $4.5M, expenses of $4.4M, and assets of $1.8M (revenue +9.5% year-over-year).
- 2013: Revenue of $4.2M, expenses of $4.4M, and assets of $1.7M (revenue +1.5% year-over-year).
- 2012: Revenue of $4.1M, expenses of $4.2M, and assets of $1.9M (revenue +2.5% year-over-year).
- 2011: Revenue of $4.0M, expenses of $3.9M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medical Professional Liability Association:
Data Sources and Methodology
This transparency report for Medical Professional Liability Association 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.