Michigan Podiatric Medical Association
EIN: 381577224 · Lansing, MI
| Metric | Value |
|---|---|
| Total Revenue | $702K |
| Total Expenses | $632K |
| Net Assets | $484K |
Is Michigan Podiatric Medical Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michigan Podiatric Medical Association
Michigan Podiatric Medical Association (EIN: 381577224) is a nonprofit organization based in Lansing, MI. The organization reported total revenue of $702K and total assets of $538K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan Podiatric Medical Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigan Podiatric Medical Association is a small nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $633K |
| Total Expenses | $632K |
| Surplus / Deficit | +$1K |
| Total Assets | $486K |
| Total Liabilities | $2K |
| Net Assets | $484K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2024, Michigan Podiatric Medical Association reported a surplus of $1K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Michigan Podiatric Medical Association's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.7% | +-0.0% | +0.2% |
| 2023 | -0.8% | +4.8% | -0.3% |
| 2022 | +12.2% | +15.2% | +8.4% |
| 2021 | -20.6% | -28.7% | +15.1% |
| 2020 | +45.0% | +33.5% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michigan Podiatric Medical Association 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 Michigan Podiatric Medical Association 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 $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Michigan Podiatric Medical Association
Is Michigan Podiatric Medical Association a legitimate charity?
Michigan Podiatric Medical Association (EIN: 381577224) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $702K. No red flags identified. Financial health grade: A.
How does Michigan Podiatric Medical Association spend its money?
Michigan Podiatric Medical Association reported $702K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Michigan Podiatric Medical Association tax-deductible?
Michigan Podiatric Medical Association is registered as a tax-exempt nonprofit (EIN: 381577224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michigan Podiatric Medical Association located?
Michigan Podiatric Medical Association is headquartered in Lansing, Michigan and files with the IRS under EIN 381577224.
How many years of IRS 990 filings does Michigan Podiatric Medical Association have?
Michigan Podiatric Medical 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 $702K in total revenue.
Filing History
IRS 990 filing history for Michigan Podiatric Medical Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Michigan Podiatric Medical Association's revenue has grown by 6.7%, moving from $593K to $633K. Total assets decreased by 4.1% over the same period, from $507K to $486K. Total functional expenses rose by 16.6%, from $542K to $632K. In its most recent filing year (2024), Michigan Podiatric Medical Association reported a surplus of $1K, with revenue exceeding expenses. The organization holds $2K in liabilities against $486K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $484K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $633K | $632K | $486K | $2K | — | — |
| 2023 | $637K | $632K | $485K | $2K | — | View 990 |
| 2022 | $642K | $603K | $486K | $8K | — | View 990 |
| 2021 | $572K | $523K | $449K | $10K | — | — |
| 2020 | $721K | $734K | $390K | $0 | — | — |
| 2019 | $497K | $550K | $403K | $0 | — | View 990 |
| 2018 | $488K | $566K | $456K | $0 | — | — |
| 2017 | $512K | $528K | $533K | $0 | — | View 990 |
| 2016 | $544K | $533K | $550K | $460 | — | View 990 |
| 2015 | $536K | $497K | $539K | $199 | — | View 990 |
| 2014 | $656K | $612K | $613K | $114K | — | View 990 |
| 2013 | $566K | $473K | $692K | $237K | — | View 990 |
| 2012 | $593K | $542K | $507K | $145K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $633K, expenses of $632K, and assets of $486K (revenue -0.7% year-over-year).
- 2023: Revenue of $637K, expenses of $632K, and assets of $485K (revenue -0.8% year-over-year).
- 2022: Revenue of $642K, expenses of $603K, and assets of $486K (revenue +12.2% year-over-year).
- 2021: Revenue of $572K, expenses of $523K, and assets of $449K (revenue -20.6% year-over-year).
- 2020: Revenue of $721K, expenses of $734K, and assets of $390K (revenue +45.0% year-over-year).
- 2019: Revenue of $497K, expenses of $550K, and assets of $403K (revenue +1.9% year-over-year).
- 2018: Revenue of $488K, expenses of $566K, and assets of $456K (revenue -4.6% year-over-year).
- 2017: Revenue of $512K, expenses of $528K, and assets of $533K (revenue -5.8% year-over-year).
- 2016: Revenue of $544K, expenses of $533K, and assets of $550K (revenue +1.4% year-over-year).
- 2015: Revenue of $536K, expenses of $497K, and assets of $539K (revenue -18.2% year-over-year).
- 2014: Revenue of $656K, expenses of $612K, and assets of $613K (revenue +15.9% year-over-year).
- 2013: Revenue of $566K, expenses of $473K, and assets of $692K (revenue -4.6% year-over-year).
- 2012: Revenue of $593K, expenses of $542K, and assets of $507K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigan Podiatric Medical Association:
Data Sources and Methodology
This transparency report for Michigan Podiatric Medical 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.