Nevada Medical Center Inc
EIN: 463480316 · Las Vegas, NV · NTEE: E70
| Metric | Value |
|---|---|
| Total Revenue | $313K |
| Total Expenses | $322K |
| Net Assets | $148K |
Is Nevada Medical Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nevada Medical Center Inc
Nevada Medical Center Inc (EIN: 463480316) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code E70. The organization reported total revenue of $313K and total assets of $193K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nevada Medical Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nevada Medical Center Inc is a small nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of -10.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $192K |
| Total Expenses | $322K |
| Surplus / Deficit | $-129,717 |
| Total Assets | $165K |
| Total Liabilities | $17K |
| Net Assets | $148K |
| Operating Margin | -67.4% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2024, Nevada Medical Center Inc reported a deficit of $130K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 10 years of filings (2015–2024), Nevada Medical Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -64.3% | -37.2% | -43.1% |
| 2023 | +57.8% | +59.3% | -19.1% |
| 2022 | +96.3% | +25.2% | +45.0% |
| 2021 | +360.8% | +1.7% | -22.2% |
| 2020 | -59.8% | -39.6% | -40.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nevada Medical Center Inc 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 Nevada Medical Center Inc 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 deficit of $130K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.1%.
Frequently Asked Questions about Nevada Medical Center Inc
Is Nevada Medical Center Inc a legitimate charity?
Nevada Medical Center Inc (EIN: 463480316) is a registered tax-exempt nonprofit based in Nevada. It has 10 years of IRS 990 filings on record. Total revenue: $313K. No red flags identified. Financial health grade: B.
How does Nevada Medical Center Inc spend its money?
Nevada Medical Center Inc reported $313K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nevada Medical Center Inc tax-deductible?
Nevada Medical Center Inc is registered as a tax-exempt nonprofit (EIN: 463480316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nevada Medical Center Inc located?
Nevada Medical Center Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 463480316. It is classified under NTEE code E70.
How many years of IRS 990 filings does Nevada Medical Center Inc have?
Nevada Medical Center Inc has 10 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 $313K in total revenue.
Filing History
IRS 990 filing history for Nevada Medical Center Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Nevada Medical Center Inc's revenue has declined by 63.2%, moving from $522K to $192K. Total assets decreased by 77.1% over the same period, from $720K to $165K. Total functional expenses rose by 583%, from $47K to $322K. In its most recent filing year (2024), Nevada Medical Center Inc reported a deficit of $130K, with expenses exceeding revenue. The organization holds $17K in liabilities against $165K in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $148K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $192K | $322K | $165K | $17K | — | — |
| 2023 | $539K | $512K | $290K | $12K | — | View 990 |
| 2022 | $341K | $322K | $359K | $107K | — | View 990 |
| 2021 | $174K | $257K | $248K | $15K | — | — |
| 2020 | $38K | $253K | $319K | $3K | — | View 990 |
| 2019 | $94K | $419K | $537K | $6K | — | View 990 |
| 2018 | $187K | $500K | $993K | $11K | — | View 990 |
| 2017 | $633K | $513K | $1.3M | $24K | — | View 990 |
| 2016 | $500K | $299K | $678K | $7K | — | View 990 |
| 2015 | $522K | $47K | $720K | $250K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $192K, expenses of $322K, and assets of $165K (revenue -64.3% year-over-year).
- 2023: Revenue of $539K, expenses of $512K, and assets of $290K (revenue +57.8% year-over-year).
- 2022: Revenue of $341K, expenses of $322K, and assets of $359K (revenue +96.3% year-over-year).
- 2021: Revenue of $174K, expenses of $257K, and assets of $248K (revenue +360.8% year-over-year).
- 2020: Revenue of $38K, expenses of $253K, and assets of $319K (revenue -59.8% year-over-year).
- 2019: Revenue of $94K, expenses of $419K, and assets of $537K (revenue -49.9% year-over-year).
- 2018: Revenue of $187K, expenses of $500K, and assets of $993K (revenue -70.4% year-over-year).
- 2017: Revenue of $633K, expenses of $513K, and assets of $1.3M (revenue +26.6% year-over-year).
- 2016: Revenue of $500K, expenses of $299K, and assets of $678K (revenue -4.3% year-over-year).
- 2015: Revenue of $522K, expenses of $47K, and assets of $720K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nevada Medical Center Inc:
Data Sources and Methodology
This transparency report for Nevada Medical Center 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.