Minority Health Consortium
EIN: 541504892 · Richmond, VA · NTEE: E32Z
| Metric | Value |
|---|---|
| Total Revenue | $373K |
| Total Expenses | $387K |
| Net Assets | $24K |
Is Minority Health Consortium Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minority Health Consortium
Minority Health Consortium (EIN: 541504892) is a nonprofit organization based in Richmond, VA, classified under NTEE code E32Z. The organization reported total revenue of $373K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minority Health Consortium's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minority Health Consortium is a small nonprofit that has been operating for 36 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $389K |
| Total Expenses | $387K |
| Surplus / Deficit | +$1K |
| Total Assets | $63K |
| Total Liabilities | $39K |
| Net Assets | $24K |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 61.5% |
| Months of Reserves | 1.9 months |
Financial Health Grade: B
In 2023, Minority Health Consortium reported a surplus of $1K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 61.5% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Minority Health Consortium's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.5% | -3.6% | -3.0% |
| 2022 | +4.6% | +4.0% | -41.0% |
| 2021 | -13.5% | -3.5% | -19.4% |
| 2020 | +44.6% | +26.3% | +751.0% |
| 2019 | -7.9% | -3.8% | -66.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minority Health Consortium 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 Minority Health Consortium 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.5%.
Frequently Asked Questions about Minority Health Consortium
Is Minority Health Consortium a legitimate charity?
Based on AI analysis of IRS 990 filings, Minority Health Consortium (EIN: 541504892) insufficient data. 0 red flags identified, 0 strengths noted.
How does Minority Health Consortium spend its money?
Detailed spending breakdown data is not yet available for Minority Health Consortium. Check back for updated IRS 990 analysis.
Are donations to Minority Health Consortium tax-deductible?
Minority Health Consortium is registered as a tax-exempt nonprofit (EIN: 541504892). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minority Health Consortium located?
Minority Health Consortium is headquartered in Richmond, Virginia and files with the IRS under EIN 541504892. It is classified under NTEE code E32Z.
How many years of IRS 990 filings does Minority Health Consortium have?
Minority Health Consortium 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 $373K in total revenue.
Filing History
IRS 990 filing history for Minority Health Consortium showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Minority Health Consortium's revenue has grown by 40.6%, moving from $276K to $389K. Total assets increased by 11.4% over the same period, from $56K to $63K. Total functional expenses rose by 46.7%, from $264K to $387K. In its most recent filing year (2023), Minority Health Consortium reported a surplus of $1K, with revenue exceeding expenses. The organization holds $39K in liabilities against $63K in assets (debt-to-asset ratio: 61.5%), resulting in net assets of $24K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $389K | $387K | $63K | $39K | — | — |
| 2022 | $403K | $402K | $65K | $42K | — | — |
| 2021 | $385K | $386K | $110K | $87K | — | View 990 |
| 2020 | $445K | $400K | $136K | $113K | — | — |
| 2019 | $308K | $317K | $16K | $38K | — | View 990 |
| 2018 | $334K | $329K | $47K | $60K | — | View 990 |
| 2017 | $301K | $296K | $39K | $58K | — | View 990 |
| 2016 | $403K | $421K | $28K | $51K | — | View 990 |
| 2015 | $452K | $417K | $75K | $79K | — | View 990 |
| 2014 | $320K | $332K | $55K | $70K | — | View 990 |
| 2013 | $231K | $258K | $35K | $38K | — | View 990 |
| 2012 | $268K | $279K | $58K | $51K | — | View 990 |
| 2011 | $271K | $291K | $40K | $23K | — | View 990 |
| 2010 | $276K | $264K | $56K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $389K, expenses of $387K, and assets of $63K (revenue -3.5% year-over-year).
- 2022: Revenue of $403K, expenses of $402K, and assets of $65K (revenue +4.6% year-over-year).
- 2021: Revenue of $385K, expenses of $386K, and assets of $110K (revenue -13.5% year-over-year).
- 2020: Revenue of $445K, expenses of $400K, and assets of $136K (revenue +44.6% year-over-year).
- 2019: Revenue of $308K, expenses of $317K, and assets of $16K (revenue -7.9% year-over-year).
- 2018: Revenue of $334K, expenses of $329K, and assets of $47K (revenue +11.3% year-over-year).
- 2017: Revenue of $301K, expenses of $296K, and assets of $39K (revenue -25.4% year-over-year).
- 2016: Revenue of $403K, expenses of $421K, and assets of $28K (revenue -10.8% year-over-year).
- 2015: Revenue of $452K, expenses of $417K, and assets of $75K (revenue +41.4% year-over-year).
- 2014: Revenue of $320K, expenses of $332K, and assets of $55K (revenue +38.4% year-over-year).
- 2013: Revenue of $231K, expenses of $258K, and assets of $35K (revenue -14.0% year-over-year).
- 2012: Revenue of $268K, expenses of $279K, and assets of $58K (revenue -0.9% year-over-year).
- 2011: Revenue of $271K, expenses of $291K, and assets of $40K (revenue -2.0% year-over-year).
- 2010: Revenue of $276K, expenses of $264K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minority Health Consortium:
Data Sources and Methodology
This transparency report for Minority Health Consortium 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.