Northeast Medical Group Pllc
EIN: 352380180 · Stratford, CT · NTEE: E31
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $9.8M |
| Net Assets | $0 |
Is Northeast Medical Group Pllc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northeast Medical Group Pllc
Northeast Medical Group Pllc (EIN: 352380180) is a nonprofit organization based in Stratford, CT, classified under NTEE code E31. The organization reported total revenue of $7.0M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Medical Group Pllc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast Medical Group Pllc is a mid-size nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.7M |
| Total Expenses | $9.8M |
| Surplus / Deficit | $-3,077,875 |
| Total Assets | $1.2M |
| Total Liabilities | $1.2M |
| Net Assets | $0 |
| Operating Margin | -45.7% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2023, Northeast Medical Group Pllc reported a deficit of $3.1M with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northeast Medical Group Pllc's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | -3.8% | -94.4% |
| 2022 | +17.0% | +33.0% | +28.0% |
| 2021 | +16.5% | -18.2% | +30.3% |
| 2020 | +13.5% | +5.5% | +36.1% |
| 2019 | +44.9% | +31.3% | +71.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northeast Medical Group Pllc 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 Northeast Medical Group Pllc 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 deficit of $3.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Northeast Medical Group Pllc
Is Northeast Medical Group Pllc a legitimate charity?
Northeast Medical Group Pllc (EIN: 352380180) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $7.0M. No red flags identified. Financial health grade: D.
How does Northeast Medical Group Pllc spend its money?
Northeast Medical Group Pllc reported $7.0M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northeast Medical Group Pllc tax-deductible?
Northeast Medical Group Pllc is registered as a tax-exempt nonprofit (EIN: 352380180). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northeast Medical Group Pllc located?
Northeast Medical Group Pllc is headquartered in Stratford, Connecticut and files with the IRS under EIN 352380180. It is classified under NTEE code E31.
How many years of IRS 990 filings does Northeast Medical Group Pllc have?
Northeast Medical Group Pllc 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 $7.0M in total revenue.
Filing History
IRS 990 filing history for Northeast Medical Group Pllc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northeast Medical Group Pllc's revenue has grown by 584.2%, moving from $984K to $6.7M. Total assets increased by 42.7% over the same period, from $860K to $1.2M. Total functional expenses rose by 550.2%, from $1.5M to $9.8M. In its most recent filing year (2023), Northeast Medical Group Pllc reported a deficit of $3.1M, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $1.2M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.7M | $9.8M | $1.2M | $1.2M | — | — |
| 2022 | $6.5M | $10.2M | $22.0M | $22.0M | — | View 990 |
| 2021 | $5.6M | $7.7M | $17.2M | $17.2M | — | View 990 |
| 2020 | $4.8M | $9.4M | $13.2M | $13.2M | — | — |
| 2019 | $4.2M | $8.9M | $9.7M | $9.7M | — | View 990 |
| 2018 | $2.9M | $6.8M | $5.7M | $5.7M | — | View 990 |
| 2017 | $3.3M | $5.9M | $2.8M | $2.8M | — | View 990 |
| 2016 | $4.7M | $7.2M | $3.9M | $3.9M | — | View 990 |
| 2015 | $5.4M | $7.5M | $2.1M | $2.1M | — | View 990 |
| 2014 | $5.3M | $7.4M | $2.6M | $2.6M | — | View 990 |
| 2013 | $4.6M | $6.8M | $1.8M | $1.8M | — | View 990 |
| 2012 | $3.4M | $4.8M | $967K | $967K | — | View 990 |
| 2011 | $984K | $1.5M | $860K | $860K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.7M, expenses of $9.8M, and assets of $1.2M (revenue +3.0% year-over-year).
- 2022: Revenue of $6.5M, expenses of $10.2M, and assets of $22.0M (revenue +17.0% year-over-year).
- 2021: Revenue of $5.6M, expenses of $7.7M, and assets of $17.2M (revenue +16.5% year-over-year).
- 2020: Revenue of $4.8M, expenses of $9.4M, and assets of $13.2M (revenue +13.5% year-over-year).
- 2019: Revenue of $4.2M, expenses of $8.9M, and assets of $9.7M (revenue +44.9% year-over-year).
- 2018: Revenue of $2.9M, expenses of $6.8M, and assets of $5.7M (revenue -12.9% year-over-year).
- 2017: Revenue of $3.3M, expenses of $5.9M, and assets of $2.8M (revenue -29.2% year-over-year).
- 2016: Revenue of $4.7M, expenses of $7.2M, and assets of $3.9M (revenue -12.7% year-over-year).
- 2015: Revenue of $5.4M, expenses of $7.5M, and assets of $2.1M (revenue +1.5% year-over-year).
- 2014: Revenue of $5.3M, expenses of $7.4M, and assets of $2.6M (revenue +14.8% year-over-year).
- 2013: Revenue of $4.6M, expenses of $6.8M, and assets of $1.8M (revenue +38.1% year-over-year).
- 2012: Revenue of $3.4M, expenses of $4.8M, and assets of $967K (revenue +241.2% year-over-year).
- 2011: Revenue of $984K, expenses of $1.5M, and assets of $860K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast Medical Group Pllc:
Data Sources and Methodology
This transparency report for Northeast Medical Group Pllc 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.