Metroplex Clinic Physicians Inc
Metroplex Clinic Physicians Inc. consistently operates at a significant financial deficit, spending nearly double its revenue annually.
EIN: 113762050 · Killeen, TX · NTEE: E300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $7.7M |
| Program Spending | 75% |
| Net Assets | $119K |
| Transparency Score | 40/100 |
Is Metroplex Clinic Physicians Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Metroplex Clinic Physicians Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Metroplex Clinic Physicians Inc
Metroplex Clinic Physicians Inc (EIN: 113762050) is a nonprofit organization based in Killeen, TX, classified under NTEE code E300. The organization reported total revenue of $4.6M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metroplex Clinic Physicians Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metroplex Clinic Physicians Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $7.7M |
| Surplus / Deficit | $-3,848,971 |
| Total Assets | $631K |
| Total Liabilities | $512K |
| Net Assets | $119K |
| Operating Margin | -99.3% |
| Debt-to-Asset Ratio | 81.2% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2023, Metroplex Clinic Physicians Inc reported a deficit of $3.8M with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 81.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Metroplex Clinic Physicians Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | +16.7% | +14.1% |
| 2022 | +1.2% | -4.0% | +37.5% |
| 2021 | +2.4% | +6.4% | -18.8% |
| 2020 | +7.9% | +0.4% | -34.6% |
| 2019 | +25.8% | +12.1% | +55.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Metroplex Clinic Physicians Inc with a Mission Score of 40 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Metroplex Clinic Physicians Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $3.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly efficient relative to the organization's 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 Metroplex Clinic Physicians Inc's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $3,848,971 in 2023, $2,682,032 in 2022).
- Expenses consistently nearly double revenue over the past decade.
- Fluctuating and generally declining asset base, indicating potential depletion of reserves (e.g., from $1,332,326 in 2014 to $630,804 in 2023).
- High liabilities in some years (e.g., $2,000,165 in 2022) relative to assets, suggesting potential financial strain.
Strengths
The following positive indicators were identified for Metroplex Clinic Physicians Inc:
- Zero reported officer compensation across all filings, indicating efficient use of funds at the executive level.
- Long operating history with 13 filings, suggesting resilience despite financial challenges.
Frequently Asked Questions about Metroplex Clinic Physicians Inc
Is Metroplex Clinic Physicians Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Metroplex Clinic Physicians Inc (EIN: 113762050) significant concerns. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
How does Metroplex Clinic Physicians Inc spend its money?
Metroplex Clinic Physicians Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Metroplex Clinic Physicians Inc tax-deductible?
Metroplex Clinic Physicians Inc is registered as a tax-exempt nonprofit (EIN: 113762050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Metroplex Clinic Physicians Inc's spending goes to programs?
Metroplex Clinic Physicians Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Metroplex Clinic Physicians Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Metroplex Clinic Physicians Inc is near average for NTEE category E300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Metroplex Clinic Physicians Inc located?
Metroplex Clinic Physicians Inc is headquartered in Killeen, Texas and files with the IRS under EIN 113762050. It is classified under NTEE code E300.
How many years of IRS 990 filings does Metroplex Clinic Physicians Inc have?
Metroplex Clinic Physicians Inc 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 $4.6M in total revenue.
How does Metroplex Clinic Physicians Inc. sustain operations with such consistent and large deficits?
The organization consistently spends significantly more than it earns, for example, $7,723,932 in expenses against $3,874,961 in revenue in 2023. This suggests reliance on external funding sources not reflected in annual revenue or a rapid depletion of assets/increase in liabilities, which is partially observed with fluctuating assets and liabilities.
What is the long-term strategy for addressing the persistent negative net income?
The provided data does not detail specific strategies, but the consistent deficits (e.g., $3.85 million in 2023) indicate an urgent need for a robust plan to either increase revenue or significantly reduce expenses to ensure financial viability.
Are there significant non-cash revenues or other funding mechanisms not captured in the 'Revenue' figures?
Given the large and consistent deficits, it's possible the organization receives substantial in-kind donations, grants, or other non-operating income not fully reflected in the 'Revenue' line item, or it is drawing down on reserves or incurring debt to cover operational costs.
What is the breakdown of expenses into program, administrative, and fundraising categories?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses, making it difficult to assess the efficiency of spending across these categories beyond the overall high expenditure relative to revenue.
Filing History
IRS 990 filing history for Metroplex Clinic Physicians Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Metroplex Clinic Physicians Inc's revenue has grown by 431.3%, moving from $729K to $3.9M. Total assets increased by 233.1% over the same period, from $189K to $631K. Total functional expenses rose by 542.3%, from $1.2M to $7.7M. In its most recent filing year (2023), Metroplex Clinic Physicians Inc reported a deficit of $3.8M, with expenses exceeding revenue. The organization holds $512K in liabilities against $631K in assets (debt-to-asset ratio: 81.2%), resulting in net assets of $119K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $7.7M | $631K | $512K | — | — |
| 2022 | $3.9M | $6.6M | $553K | $2.0M | — | View 990 |
| 2021 | $3.9M | $6.9M | $402K | $573K | — | View 990 |
| 2020 | $3.8M | $6.5M | $495K | $453K | — | View 990 |
| 2019 | $3.5M | $6.5M | $757K | $285K | — | View 990 |
| 2018 | $2.8M | $5.8M | $486K | $285K | — | View 990 |
| 2017 | $2.9M | $6.0M | $488K | $152K | — | View 990 |
| 2016 | $2.8M | $6.0M | $604K | $347K | — | View 990 |
| 2015 | $3.4M | $6.0M | $1.1M | $189K | — | View 990 |
| 2014 | $3.9M | $7.2M | $1.3M | $419K | — | View 990 |
| 2013 | $3.0M | $5.9M | $1.6M | $318K | — | View 990 |
| 2012 | $1.6M | $2.0M | $901K | $2.9M | — | View 990 |
| 2011 | $729K | $1.2M | $189K | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $7.7M, and assets of $631K (revenue -1.6% year-over-year).
- 2022: Revenue of $3.9M, expenses of $6.6M, and assets of $553K (revenue +1.2% year-over-year).
- 2021: Revenue of $3.9M, expenses of $6.9M, and assets of $402K (revenue +2.4% year-over-year).
- 2020: Revenue of $3.8M, expenses of $6.5M, and assets of $495K (revenue +7.9% year-over-year).
- 2019: Revenue of $3.5M, expenses of $6.5M, and assets of $757K (revenue +25.8% year-over-year).
- 2018: Revenue of $2.8M, expenses of $5.8M, and assets of $486K (revenue -1.9% year-over-year).
- 2017: Revenue of $2.9M, expenses of $6.0M, and assets of $488K (revenue +1.8% year-over-year).
- 2016: Revenue of $2.8M, expenses of $6.0M, and assets of $604K (revenue -16.7% year-over-year).
- 2015: Revenue of $3.4M, expenses of $6.0M, and assets of $1.1M (revenue -14.0% year-over-year).
- 2014: Revenue of $3.9M, expenses of $7.2M, and assets of $1.3M (revenue +29.6% year-over-year).
- 2013: Revenue of $3.0M, expenses of $5.9M, and assets of $1.6M (revenue +83.5% year-over-year).
- 2012: Revenue of $1.6M, expenses of $2.0M, and assets of $901K (revenue +125.5% year-over-year).
- 2011: Revenue of $729K, expenses of $1.2M, and assets of $189K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metroplex Clinic Physicians Inc:
Data Sources and Methodology
This transparency report for Metroplex Clinic Physicians 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.