Medical Reimbursement Plan Trust
EIN: 61059786 · New Haven, CT
| Metric | Value |
|---|---|
| Total Revenue | $572K |
| Total Expenses | $551K |
| Net Assets | $11K |
Is Medical Reimbursement Plan Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Medical Reimbursement Plan Trust
Medical Reimbursement Plan Trust (EIN: 61059786) is a nonprofit organization based in New Haven, CT. The organization reported total revenue of $572K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medical Reimbursement Plan Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medical Reimbursement Plan Trust is a small nonprofit that has been operating for 44 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $555K |
| Total Expenses | $551K |
| Surplus / Deficit | +$4K |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | 0.7% |
| Months of Reserves | 0.2 months |
Financial Health Grade: A
In 2024, Medical Reimbursement Plan Trust reported a surplus of $4K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), Medical Reimbursement Plan Trust's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -5.9% | -7.5% | +55.7% |
| 2023 | -19.5% | -18.0% | -46.0% |
| 2022 | +10.7% | +10.8% | +90.1% |
| 2021 | -6.8% | -7.6% | +771.3% |
| 2020 | -7.6% | -8.3% | +94.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Medical Reimbursement Plan Trust 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 Reimbursement Plan Trust 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Medical Reimbursement Plan Trust
Is Medical Reimbursement Plan Trust a legitimate charity?
Medical Reimbursement Plan Trust (EIN: 61059786) is a registered tax-exempt nonprofit based in Connecticut. It has 14 years of IRS 990 filings on record. Total revenue: $572K. No red flags identified. Financial health grade: A.
How does Medical Reimbursement Plan Trust spend its money?
Medical Reimbursement Plan Trust reported $572K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Medical Reimbursement Plan Trust tax-deductible?
Medical Reimbursement Plan Trust is registered as a tax-exempt nonprofit (EIN: 61059786). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Medical Reimbursement Plan Trust located?
Medical Reimbursement Plan Trust is headquartered in New Haven, Connecticut and files with the IRS under EIN 61059786.
How many years of IRS 990 filings does Medical Reimbursement Plan Trust have?
Medical Reimbursement Plan Trust has 14 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 $572K in total revenue.
Filing History
IRS 990 filing history for Medical Reimbursement Plan Trust showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Medical Reimbursement Plan Trust's revenue has declined by 54.2%, moving from $1.2M to $555K. Total assets increased by 2.7% over the same period, from $11K to $11K. Total functional expenses fell by 54.2%, from $1.2M to $551K. In its most recent filing year (2024), Medical Reimbursement Plan Trust reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $555K | $551K | $11K | $0 | — | — |
| 2023 | $589K | $595K | $7K | $0 | — | View 990 |
| 2022 | $732K | $726K | $13K | $0 | — | View 990 |
| 2021 | $661K | $655K | $7K | $0 | — | View 990 |
| 2020 | $709K | $709K | $799 | $0 | — | View 990 |
| 2019 | $768K | $773K | $411 | $0 | — | View 990 |
| 2018 | $859K | $860K | $6K | $0 | — | View 990 |
| 2017 | $960K | $960K | $7K | $0 | — | View 990 |
| 2016 | $992K | $997K | $7K | $0 | — | View 990 |
| 2015 | $1.1M | $1.1M | $12K | $0 | — | View 990 |
| 2014 | $1.1M | $1.1M | $13K | $0 | — | View 990 |
| 2013 | $1.1M | $1.1M | $8K | $0 | — | View 990 |
| 2012 | $1.1M | $1.1M | $5K | $0 | — | View 990 |
| 2011 | $1.2M | $1.2M | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $555K, expenses of $551K, and assets of $11K (revenue -5.9% year-over-year).
- 2023: Revenue of $589K, expenses of $595K, and assets of $7K (revenue -19.5% year-over-year).
- 2022: Revenue of $732K, expenses of $726K, and assets of $13K (revenue +10.7% year-over-year).
- 2021: Revenue of $661K, expenses of $655K, and assets of $7K (revenue -6.8% year-over-year).
- 2020: Revenue of $709K, expenses of $709K, and assets of $799 (revenue -7.6% year-over-year).
- 2019: Revenue of $768K, expenses of $773K, and assets of $411 (revenue -10.6% year-over-year).
- 2018: Revenue of $859K, expenses of $860K, and assets of $6K (revenue -10.5% year-over-year).
- 2017: Revenue of $960K, expenses of $960K, and assets of $7K (revenue -3.2% year-over-year).
- 2016: Revenue of $992K, expenses of $997K, and assets of $7K (revenue -8.2% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $12K (revenue -0.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $13K (revenue -0.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $8K (revenue +2.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $5K (revenue -11.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medical Reimbursement Plan Trust:
Data Sources and Methodology
This transparency report for Medical Reimbursement Plan Trust 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.