Meeting House Lane Medical Practice Pc
Meeting House Lane Medical Practice Pc faces increasing liabilities and recent operating deficits despite growing assets.
EIN: 208853938 · Hampton Bays, NY · NTEE: E300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24.5M |
| Total Expenses | $25.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $19 |
| Net Assets | $-8,401,565 |
| Transparency Score | 65/100 |
Is Meeting House Lane Medical Practice Pc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Meeting House Lane Medical Practice Pc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Meeting House Lane Medical Practice Pc
Meeting House Lane Medical Practice Pc (EIN: 208853938) is a nonprofit organization based in Hampton Bays, NY, classified under NTEE code E300. The organization reported total revenue of $24.5M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meeting House Lane Medical Practice Pc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meeting House Lane Medical Practice Pc is a large nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.5M |
| Total Expenses | $25.6M |
| Surplus / Deficit | $-6,095,698 |
| Total Assets | $5.3M |
| Total Liabilities | $13.7M |
| Net Assets | $-8,401,565 |
| Operating Margin | -31.3% |
| Debt-to-Asset Ratio | 258.9% |
| Months of Reserves | 2.5 months |
Financial Health Grade: D
In 2023, Meeting House Lane Medical Practice Pc reported a deficit of $6.1M with expenses exceeding revenue, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 258.9% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Meeting House Lane Medical Practice Pc's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +20.7% | +35.7% |
| 2022 | -3.5% | +7.5% | -11.5% |
| 2021 | -13.7% | +4.7% | +9.2% |
| 2020 | +18.4% | +1.0% | +377.6% |
| 2019 | -2.8% | +2.6% | -61.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Meeting House Lane Medical Practice Pc with a Mission Score of 65 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, Meeting House Lane Medical Practice Pc 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 $6.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 258.9%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization with annual revenues exceeding $19 million, suggesting executive compensation may be reported under other expense categories or is not directly paid to officers in a manner typically disclosed, which impacts transparency.
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 Meeting House Lane Medical Practice Pc's IRS 990 filings:
- Consistent 0% officer compensation reporting, potentially obscuring executive pay.
- Significant and growing liabilities, exceeding assets in recent years (e.g., $13,687,293 liabilities vs. $5,285,728 assets in 2023).
- Recent operating deficits where expenses exceed revenue (e.g., $25,595,896 expenses vs. $19,500,198 revenue in 2023).
Strengths
The following positive indicators were identified for Meeting House Lane Medical Practice Pc:
- Consistent revenue generation, generally above $18 million annually in recent years.
- Growth in assets over the past decade, from $175,644 in 2014 to $5,285,728 in 2023.
- Long history of IRS 990 filings (12 filings), indicating consistent compliance.
Frequently Asked Questions about Meeting House Lane Medical Practice Pc
Is Meeting House Lane Medical Practice Pc a legitimate charity?
Based on AI analysis of IRS 990 filings, Meeting House Lane Medical Practice Pc (EIN: 208853938) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Meeting House Lane Medical Practice Pc spend its money?
Meeting House Lane Medical Practice Pc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Meeting House Lane Medical Practice Pc tax-deductible?
Meeting House Lane Medical Practice Pc is registered as a tax-exempt nonprofit (EIN: 208853938). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Meeting House Lane Medical Practice Pc CEO make?
Meeting House Lane Medical Practice Pc's highest-compensated officer earns $19 annually. The organization reported $24.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Meeting House Lane Medical Practice Pc's spending goes to programs?
Meeting House Lane Medical Practice Pc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Meeting House Lane Medical Practice Pc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Meeting House Lane Medical Practice Pc is above average for NTEE category E300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Meeting House Lane Medical Practice Pc located?
Meeting House Lane Medical Practice Pc is headquartered in Hampton Bays, New York and files with the IRS under EIN 208853938. It is classified under NTEE code E300.
How many years of IRS 990 filings does Meeting House Lane Medical Practice Pc have?
Meeting House Lane Medical Practice Pc has 12 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 $24.5M in total revenue.
Why has officer compensation consistently been reported as 0%?
The IRS 990 filings consistently show 0% officer compensation, which is atypical for an organization of this size. This could mean compensation is reported under different expense categories, or that the organization's structure does not involve direct officer salaries as typically defined, requiring further clarification for full transparency.
What is the reason for the significant increase in liabilities, reaching $13,687,293 in 2023?
The substantial increase in liabilities, particularly in 2023, warrants investigation. This could be due to new debt, capital expenditures, or other financial obligations that impact the organization's long-term financial health.
How does the organization plan to address the recent operating deficits, such as the $6 million deficit in 2023?
The organization experienced a significant operating deficit in 2023, with expenses exceeding revenue by over $6 million. Understanding the strategies to return to a surplus and ensure financial sustainability is crucial.
Filing History
IRS 990 filing history for Meeting House Lane Medical Practice Pc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Meeting House Lane Medical Practice Pc's revenue has grown by 169.2%, moving from $7.2M to $19.5M. Total assets increased by 877% over the same period, from $541K to $5.3M. Total functional expenses rose by 257.6%, from $7.2M to $25.6M. In its most recent filing year (2023), Meeting House Lane Medical Practice Pc reported a deficit of $6.1M, with expenses exceeding revenue. The organization holds $13.7M in liabilities against $5.3M in assets (debt-to-asset ratio: 258.9%), resulting in net assets of $-8,401,565.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.5M | $25.6M | $5.3M | $13.7M | — | — |
| 2022 | $18.7M | $21.2M | $3.9M | $6.1M | — | — |
| 2021 | $19.4M | $19.7M | $4.4M | $4.1M | — | View 990 |
| 2020 | $22.5M | $18.8M | $4.0M | $3.3M | — | View 990 |
| 2019 | $19.0M | $18.7M | $844K | $3.7M | — | View 990 |
| 2018 | $19.5M | $18.2M | $2.2M | $5.3M | — | View 990 |
| 2017 | $14.3M | $15.3M | $254K | $4.7M | — | View 990 |
| 2016 | $13.7M | $13.8M | $173K | $3.6M | — | View 990 |
| 2015 | $11.8M | $12.2M | $154K | $3.5M | — | View 990 |
| 2014 | $9.8M | $10.4M | $176K | $3.0M | — | View 990 |
| 2013 | $8.7M | $9.0M | $575K | $2.9M | — | View 990 |
| 2012 | $7.2M | $7.2M | $541K | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.5M, expenses of $25.6M, and assets of $5.3M (revenue +4.1% year-over-year).
- 2022: Revenue of $18.7M, expenses of $21.2M, and assets of $3.9M (revenue -3.5% year-over-year).
- 2021: Revenue of $19.4M, expenses of $19.7M, and assets of $4.4M (revenue -13.7% year-over-year).
- 2020: Revenue of $22.5M, expenses of $18.8M, and assets of $4.0M (revenue +18.4% year-over-year).
- 2019: Revenue of $19.0M, expenses of $18.7M, and assets of $844K (revenue -2.8% year-over-year).
- 2018: Revenue of $19.5M, expenses of $18.2M, and assets of $2.2M (revenue +36.7% year-over-year).
- 2017: Revenue of $14.3M, expenses of $15.3M, and assets of $254K (revenue +4.3% year-over-year).
- 2016: Revenue of $13.7M, expenses of $13.8M, and assets of $173K (revenue +16.5% year-over-year).
- 2015: Revenue of $11.8M, expenses of $12.2M, and assets of $154K (revenue +19.6% year-over-year).
- 2014: Revenue of $9.8M, expenses of $10.4M, and assets of $176K (revenue +12.9% year-over-year).
- 2013: Revenue of $8.7M, expenses of $9.0M, and assets of $575K (revenue +20.2% year-over-year).
- 2012: Revenue of $7.2M, expenses of $7.2M, and assets of $541K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meeting House Lane Medical Practice Pc:
Data Sources and Methodology
This transparency report for Meeting House Lane Medical Practice Pc 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.