Randolph Specialty Group Practice

Search Intent Cockpit

Randolph Specialty Group Practice Form 990, Revenue, CEO Pay, and IRS Filing Signals

Randolph Specialty Group Practice is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Randolph Specialty Group Practice in one place.

Is Randolph Specialty Group Practice Legit?

Significant Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Randolph Specialty Group Practice shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Donation Decision Flow

From Trust Check to Better Alternatives

Alternative Shopping

Similar Nonprofits Donors Should Compare

Browse the full Health peer market in North Carolina →

Next Best Actions

Keep the Investigation Moving

Randolph Specialty Group Practice directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Randolph Specialty Group Practice

Randolph Specialty Group Practice (EIN: 113827203) is a nonprofit organization based in Asheboro, NC, classified under NTEE code E30. The organization reported total revenue of $20.7M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Randolph Specialty Group Practice's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Randolph Specialty Group Practice is a large nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 17.4%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Financial Health Grade: D

In 2020, Randolph Specialty Group Practice reported a deficit of $3.0M with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 714.4% (high leverage).

Financial Trends

Over 10 years of filings (2011–2020), Randolph Specialty Group Practice's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.

IRS Tax-Exempt Classification

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Randolph Specialty Group Practice with a Mission Score of 40 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: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Randolph Specialty Group Practice allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

• The organization reported a deficit of $3.0M, with expenses exceeding revenue.
• Debt-to-asset ratio: 714.4%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating either no paid officers or that compensation is reported under other expense categories, which could impact transparency.

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 Randolph Specialty Group Practice's IRS 990 filings:

• Consistent operational deficits over the past decade (e.g., $3,031,479 deficit in 2020).
• High and increasing liabilities ($26,240,664 in 2020) significantly exceeding assets ($3,673,247 in 2020).
• Negative net assets, indicating a precarious financial position.
• Lack of clarity on how the organization funds its deficits and manages its growing debt.

Strengths

The following positive indicators were identified for Randolph Specialty Group Practice:

• Reported 0% officer compensation across all filings, indicating potential efficiency in leadership costs or alternative reporting.
• Consistent revenue generation over $20 million in recent years (e.g., $20,702,907 in 2020), suggesting a stable service demand.

Frequently Asked Questions about Randolph Specialty Group Practice

Filing History

IRS 990 filing history for Randolph Specialty Group Practice showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2020), Randolph Specialty Group Practice's revenue has grown by 325.3%, moving from $4.9M to $20.7M. Total assets increased by 147.2% over the same period, from $1.5M to $3.7M. Total functional expenses rose by 308.2%, from $5.8M to $23.7M. In its most recent filing year (2020), Randolph Specialty Group Practice reported a deficit of $3.0M, with expenses exceeding revenue. The organization holds $26.2M in liabilities against $3.7M in assets (debt-to-asset ratio: 714.4%), resulting in net assets of $-22,567,417.

Year-by-Year Financial Summary

• 2020: Revenue of $20.7M, expenses of $23.7M, and assets of $3.7M (revenue -1.9% year-over-year).
• 2019: Revenue of $21.1M, expenses of $24.4M, and assets of $3.4M (revenue +7.6% year-over-year).
• 2018: Revenue of $19.6M, expenses of $23.2M, and assets of $4.4M (revenue -2.9% year-over-year).
• 2017: Revenue of $20.2M, expenses of $23.3M, and assets of $4.8M (revenue -1.5% year-over-year).
• 2016: Revenue of $20.5M, expenses of $22.9M, and assets of $5.6M (revenue +1.5% year-over-year).
• 2015: Revenue of $20.2M, expenses of $21.7M, and assets of $6.0M (revenue +87.1% year-over-year).
• 2014: Revenue of $10.8M, expenses of $11.8M, and assets of $3.9M (revenue +20.6% year-over-year).
• 2013: Revenue of $9.0M, expenses of $10.0M, and assets of $3.3M (revenue +47.8% year-over-year).
• 2012: Revenue of $6.1M, expenses of $6.6M, and assets of $3.0M (revenue +24.5% year-over-year).
• 2011: Revenue of $4.9M, expenses of $5.8M, and assets of $1.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Randolph Specialty Group Practice:

Data Sources and Methodology

This transparency report for Randolph Specialty Group Practice 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.