Nurses Mc
EIN: 832521458 · Providence, RI · NTEE: B02
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $731K |
| Net Assets | $579K |
Is Nurses Mc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nurses Mc
Nurses Mc (EIN: 832521458) is a nonprofit organization based in Providence, RI, classified under NTEE code B02. The organization reported total revenue of $8.2M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nurses Mc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nurses Mc is a mid-size nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 22.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $727K |
| Total Expenses | $731K |
| Surplus / Deficit | $-3,477 |
| Total Assets | $933K |
| Total Liabilities | $354K |
| Net Assets | $579K |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 37.9% |
| Months of Reserves | 15.3 months |
Financial Health Grade: B
In 2023, Nurses Mc reported a deficit of $3K with expenses exceeding revenue, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 37.9% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Nurses Mc's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.3% | +64.8% | +3.1% |
| 2022 | +16.0% | +1906.5% | +87.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nurses Mc 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 Nurses Mc 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.9%.
Frequently Asked Questions about Nurses Mc
Is Nurses Mc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nurses Mc (EIN: 832521458) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nurses Mc spend its money?
Detailed spending breakdown data is not yet available for Nurses Mc. Check back for updated IRS 990 analysis.
Are donations to Nurses Mc tax-deductible?
Nurses Mc is registered as a tax-exempt nonprofit (EIN: 832521458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nurses Mc located?
Nurses Mc is headquartered in Providence, Rhode Island and files with the IRS under EIN 832521458. It is classified under NTEE code B02.
How many years of IRS 990 filings does Nurses Mc have?
Nurses Mc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $8.2M in total revenue.
Filing History
IRS 990 filing history for Nurses Mc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Nurses Mc's revenue has grown by 49.9%, moving from $485K to $727K. Total assets increased by 93% over the same period, from $483K to $933K. Total functional expenses rose by 3206.4%, from $22K to $731K. In its most recent filing year (2023), Nurses Mc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $354K in liabilities against $933K in assets (debt-to-asset ratio: 37.9%), resulting in net assets of $579K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $727K | $731K | $933K | $354K | — | — |
| 2022 | $563K | $443K | $904K | $322K | — | View 990 |
| 2021 | $485K | $22K | $483K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $727K, expenses of $731K, and assets of $933K (revenue +29.3% year-over-year).
- 2022: Revenue of $563K, expenses of $443K, and assets of $904K (revenue +16.0% year-over-year).
- 2021: Revenue of $485K, expenses of $22K, and assets of $483K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nurses Mc:
Data Sources and Methodology
This transparency report for Nurses Mc 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.