Neas Mbc Health Reimbursement Account Trust
EIN: 306141866 · Gaithersburg, MD · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $556K |
| Total Expenses | $96K |
| Net Assets | $5.4M |
Is Neas Mbc Health Reimbursement Account Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Neas Mbc Health Reimbursement Account Trust
Neas Mbc Health Reimbursement Account Trust (EIN: 306141866) is a nonprofit organization based in Gaithersburg, MD, classified under NTEE code Y43. The organization reported total revenue of $556K and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neas Mbc Health Reimbursement Account Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neas Mbc Health Reimbursement Account Trust is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $336K |
| Total Expenses | $96K |
| Surplus / Deficit | +$240K |
| Total Assets | $5.4M |
| Net Assets | $5.4M |
| Operating Margin | 71.5% |
| Months of Reserves | 674.4 months |
Financial Health Grade: A
In 2023, Neas Mbc Health Reimbursement Account Trust reported a surplus of $240K with revenue exceeding expenses, holds 674.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Neas Mbc Health Reimbursement Account Trust's revenue has declined at a compound annual growth rate (CAGR) of -14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.6% | -35.0% | +14.8% |
| 2022 | -38.6% | -18.7% | -13.1% |
| 2021 | +56.6% | +41.0% | +13.1% |
| 2020 | -37.3% | -17.5% | +18.1% |
| 2019 | +9.6% | -37.9% | +23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Neas Mbc Health Reimbursement Account 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 Neas Mbc Health Reimbursement Account 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $240K, with revenue exceeding expenses.
Frequently Asked Questions about Neas Mbc Health Reimbursement Account Trust
Is Neas Mbc Health Reimbursement Account Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Neas Mbc Health Reimbursement Account Trust (EIN: 306141866) insufficient data. 0 red flags identified, 0 strengths noted.
How does Neas Mbc Health Reimbursement Account Trust spend its money?
Detailed spending breakdown data is not yet available for Neas Mbc Health Reimbursement Account Trust. Check back for updated IRS 990 analysis.
Are donations to Neas Mbc Health Reimbursement Account Trust tax-deductible?
Neas Mbc Health Reimbursement Account Trust is registered as a tax-exempt nonprofit (EIN: 306141866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Neas Mbc Health Reimbursement Account Trust located?
Neas Mbc Health Reimbursement Account Trust is headquartered in Gaithersburg, Maryland and files with the IRS under EIN 306141866. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Neas Mbc Health Reimbursement Account Trust have?
Neas Mbc Health Reimbursement Account Trust 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 $556K in total revenue.
Filing History
IRS 990 filing history for Neas Mbc Health Reimbursement Account Trust showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Neas Mbc Health Reimbursement Account Trust's revenue has declined by 81.5%, moving from $1.8M to $336K. Total assets increased by 201.5% over the same period, from $1.8M to $5.4M. Total functional expenses rose by 202.6%, from $32K to $96K. In its most recent filing year (2023), Neas Mbc Health Reimbursement Account Trust reported a surplus of $240K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $336K | $96K | $5.4M | $0 | — | — |
| 2022 | $463K | $147K | $4.7M | $0 | — | View 990 |
| 2021 | $755K | $181K | $5.4M | $0 | — | View 990 |
| 2020 | $482K | $128K | $4.8M | $0 | — | View 990 |
| 2019 | $769K | $156K | $4.0M | $0 | — | View 990 |
| 2018 | $701K | $251K | $3.3M | $0 | — | View 990 |
| 2017 | $588K | $134K | $3.3M | $0 | — | View 990 |
| 2016 | $249K | $96K | $2.8M | $0 | — | View 990 |
| 2015 | $371K | $47K | $2.6M | $0 | — | View 990 |
| 2014 | $324K | $10K | $2.5M | $0 | — | View 990 |
| 2013 | $379K | $3K | $2.2M | $0 | — | View 990 |
| 2012 | $1.8M | $32K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $336K, expenses of $96K, and assets of $5.4M (revenue -27.6% year-over-year).
- 2022: Revenue of $463K, expenses of $147K, and assets of $4.7M (revenue -38.6% year-over-year).
- 2021: Revenue of $755K, expenses of $181K, and assets of $5.4M (revenue +56.6% year-over-year).
- 2020: Revenue of $482K, expenses of $128K, and assets of $4.8M (revenue -37.3% year-over-year).
- 2019: Revenue of $769K, expenses of $156K, and assets of $4.0M (revenue +9.6% year-over-year).
- 2018: Revenue of $701K, expenses of $251K, and assets of $3.3M (revenue +19.3% year-over-year).
- 2017: Revenue of $588K, expenses of $134K, and assets of $3.3M (revenue +136.3% year-over-year).
- 2016: Revenue of $249K, expenses of $96K, and assets of $2.8M (revenue -33.0% year-over-year).
- 2015: Revenue of $371K, expenses of $47K, and assets of $2.6M (revenue +14.8% year-over-year).
- 2014: Revenue of $324K, expenses of $10K, and assets of $2.5M (revenue -14.7% year-over-year).
- 2013: Revenue of $379K, expenses of $3K, and assets of $2.2M (revenue -79.1% year-over-year).
- 2012: Revenue of $1.8M, expenses of $32K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neas Mbc Health Reimbursement Account Trust:
Data Sources and Methodology
This transparency report for Neas Mbc Health Reimbursement Account 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.