Northcrest Medical Centerfoundation

Northcrest Medical Centerfoundation faces declining revenue and persistent negative net assets.

EIN: 204224449 · Springfield, TN · NTEE: E11 · Updated: 2026-03-28

$93KRevenue

$280KAssets

55/100Mission Score (Fair)

E11

About Northcrest Medical Centerfoundation

Northcrest Medical Centerfoundation (EIN: 204224449) is a nonprofit organization based in Springfield, TN, classified under NTEE code E11. The organization reported total revenue of $93K and total assets of $280K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northcrest Medical Centerfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Northcrest Medical Centerfoundation exhibits a concerning trend in its financial health, with a significant decline in revenue over the past few years. Revenue dropped from $186,076 in 2019 to $92,724 in 2021, representing a nearly 50% decrease. While the organization reported positive net income in 2021 ($92,724 revenue vs. $92,166 expenses), this was preceded by a substantial deficit in 2020 where expenses ($193,392) significantly outstripped revenue ($121,515). The organization's assets have also seen a decline, from $383,184 in 2019 to $280,284 in 2021, and liabilities consistently exceed assets, indicating potential solvency issues. The consistent reporting of 0% officer compensation suggests a volunteer-led or very lean administrative structure, which could be a positive for spending efficiency if program details were available.

Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. However, the overall trend of declining revenue and fluctuating expenses, coupled with a negative net asset position (liabilities exceeding assets), raises questions about long-term financial sustainability. The organization's transparency regarding executive compensation is high, with no reported officer compensation, but a more granular breakdown of other expenses would enhance financial transparency further. The NTEE code E11 (General Hospitals) suggests a supporting role for a medical center, making its financial stability crucial for its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northcrest Medical Centerfoundation with a Mission Score of 55 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: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Northcrest Medical Centerfoundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive for minimizing overhead.

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 Northcrest Medical Centerfoundation's IRS 990 filings:

Significant decline in revenue from $186,076 in 2019 to $92,724 in 2021.
Liabilities consistently exceed assets across multiple years, indicating a negative net asset position (e.g., $297,963 liabilities vs. $280,284 assets in 2021).
Substantial operating deficit in 2020 with expenses ($193,392) significantly higher than revenue ($121,515).

Strengths

The following positive indicators were identified for Northcrest Medical Centerfoundation:

Consistent reporting of 0% officer compensation, suggesting low administrative overhead in this area.
Positive net income in 2021 ($92,724 revenue vs. $92,166 expenses), reversing the previous year's deficit.

Frequently Asked Questions about Northcrest Medical Centerfoundation

Is Northcrest Medical Centerfoundation financially sustainable given its declining revenue and negative net assets?

The organization's revenue has significantly decreased from $186,076 in 2019 to $92,724 in 2021, and its liabilities consistently exceed its assets (e.g., $297,963 liabilities vs. $280,284 assets in 2021), raising concerns about long-term financial sustainability.

What is the detailed breakdown of expenses, particularly program spending, for Northcrest Medical Centerfoundation?

The provided data only gives total expenses. A detailed breakdown into program, administrative, and fundraising expenses is not available, making it difficult to fully assess spending efficiency.

How does Northcrest Medical Centerfoundation plan to address its consistent negative net asset position?

With liabilities consistently higher than assets (e.g., $297,963 liabilities vs. $280,284 assets in 2021), the organization has a negative net asset position. The filings do not provide a strategy for addressing this.

Filing History

IRS 990 filing history for Northcrest Medical Centerfoundation showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2021), Northcrest Medical Centerfoundation's revenue has declined by 68.6%, moving from $295K to $93K. Total assets decreased by 31.6% over the same period, from $410K to $280K. Total functional expenses fell by 51.1%, from $189K to $92K. In its most recent filing year (2021), Northcrest Medical Centerfoundation reported a surplus of $558, with revenue exceeding expenses. The organization holds $298K in liabilities against $280K in assets (debt-to-asset ratio: 106.3%), resulting in net assets of $-17,679.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2021	$93K	$92K	$280K	$298K	—	—
2020	$122K	$193K	$284K	$302K	—	View 990
2019	$186K	$132K	$383K	$330K	—	View 990
2018	$186K	$159K	$345K	$345K	—	View 990
2017	$182K	$161K	$309K	$336K	—	View 990
2016	$239K	$185K	$307K	$354K	—	View 990
2015	$147K	$196K	$290K	$391K	—	View 990
2014	$155K	$218K	$324K	$376K	—	View 990
2013	$193K	$200K	$371K	$360K	—	View 990
2012	$226K	$245K	$393K	$375K	—	View 990
2011	$295K	$189K	$410K	$373K	—	View 990

Year-by-Year Financial Summary

2021: Revenue of $93K, expenses of $92K, and assets of $280K (revenue -23.7% year-over-year).
2020: Revenue of $122K, expenses of $193K, and assets of $284K (revenue -34.7% year-over-year).
2019: Revenue of $186K, expenses of $132K, and assets of $383K (revenue +0.1% year-over-year).
2018: Revenue of $186K, expenses of $159K, and assets of $345K (revenue +2.4% year-over-year).
2017: Revenue of $182K, expenses of $161K, and assets of $309K (revenue -24.0% year-over-year).
2016: Revenue of $239K, expenses of $185K, and assets of $307K (revenue +62.2% year-over-year).
2015: Revenue of $147K, expenses of $196K, and assets of $290K (revenue -5.2% year-over-year).
2014: Revenue of $155K, expenses of $218K, and assets of $324K (revenue -19.7% year-over-year).
2013: Revenue of $193K, expenses of $200K, and assets of $371K (revenue -14.7% year-over-year).
2012: Revenue of $226K, expenses of $245K, and assets of $393K (revenue -23.2% year-over-year).
2011: Revenue of $295K, expenses of $189K, and assets of $410K.

Data Sources and Methodology

This transparency report for Northcrest Medical Centerfoundation 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.