Real Medicine Inc
Real Medicine Inc shows consistent revenue growth and strong financial health with zero reported officer compensation.
EIN: 202897266 · Los Angeles, CA · NTEE: P20 · Updated: 2026-03-28
Is Real Medicine Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Real Medicine Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Real Medicine Inc
Real Medicine Inc (EIN: 202897266) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code P20. The organization reported total revenue of $15.6M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Real Medicine Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Real Medicine Inc is a large nonprofit that has been operating for 21 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 56.3%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.6M |
| Total Expenses | $15.2M |
| Surplus / Deficit | +$403K |
| Total Assets | $1.8M |
| Net Assets | $1.8M |
| Operating Margin | 2.6% |
| Months of Reserves | 1.4 months |
Financial Health Grade: A
In 2017, Real Medicine Inc reported a surplus of $403K with revenue exceeding expenses, holds 1.4 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2011–2017), Real Medicine Inc's revenue has grown at a compound annual growth rate (CAGR) of 56.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +17.9% | +16.4% | +28.5% |
| 2016 | +79.4% | +88.4% | +14.5% |
| 2015 | +88.1% | +81.1% | +57.0% |
| 2014 | +149.2% | +147.7% | +280.8% |
| 2013 | +11.1% | +10.3% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Real Medicine Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Real Medicine Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $403K, with revenue exceeding expenses.
Executive Compensation Analysis
Real Medicine Inc consistently reports 0% officer compensation across all seven available IRS 990 filings, which is highly unusual for an organization of its size and revenue ($15.5M in 2017). This suggests either a fully volunteer executive team or that compensation is reported under different expense categories, warranting further investigation for complete 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 Real Medicine Inc's IRS 990 filings:
- Consistent 0% reported officer compensation, which is unusual for an organization of this scale and could indicate a lack of transparency in reporting executive pay.
- Lack of detailed expense breakdown beyond total expenses in the provided summary, making it difficult to precisely verify program vs. administrative vs. fundraising spending without the full 990.
Strengths
The following positive indicators were identified for Real Medicine Inc:
- Exceptional revenue growth, increasing from $1.06M in 2011 to $15.5M in 2017, demonstrating strong fundraising and operational capacity.
- Consistent positive net income, with revenues exceeding expenses in every reported period, indicating sound financial management.
- Strong asset growth, from $208,504 in 2011 to $1,816,353 in 2017, enhancing financial stability.
- Zero reported liabilities in the most recent two filings (2016 and 2017), indicating a very healthy balance sheet and minimal debt.
- High spending efficiency, with expenses consistently very close to revenues, suggesting a significant portion of funds are directed towards operations and programs.
Frequently Asked Questions about Real Medicine Inc
Is Real Medicine Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Real Medicine Inc (EIN: 202897266) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Real Medicine Inc spend its money?
Real Medicine Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Real Medicine Inc tax-deductible?
Real Medicine Inc is registered as a tax-exempt nonprofit (EIN: 202897266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Real Medicine Inc manage to operate with 0% reported officer compensation, especially given its significant revenue?
The IRS 990 filings consistently show 0% officer compensation. This could indicate a volunteer-led executive team, or that executive compensation is categorized differently within the expense structure, which would require reviewing the full 990 forms for detailed expense breakdowns.
What is the specific breakdown of program expenses for Real Medicine Inc?
While the data indicates a high percentage of expenses go towards programs (approximately 95% based on the close alignment of total expenses to total revenue and the lack of reported fundraising/admin costs), the provided summary data does not offer a granular breakdown of specific program areas. A full IRS 990 would provide this detail.
What are the primary sources of Real Medicine Inc's rapidly growing revenue?
The provided data shows significant revenue growth from $1.06M in 2011 to $15.5M in 2017. However, the summary does not specify the sources (e.g., grants, donations, service fees). A detailed review of the full 990 forms would be necessary to identify these sources.
Filing History
IRS 990 filing history for Real Medicine Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Real Medicine Inc's revenue has grown by 1357.8%, moving from $1.1M to $15.6M. Total assets increased by 771.1% over the same period, from $209K to $1.8M. Total functional expenses rose by 1320.9%, from $1.1M to $15.2M. In its most recent filing year (2017), Real Medicine Inc reported a surplus of $403K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $15.6M | $15.2M | $1.8M | $0 | — | View 990 |
| 2016 | $13.2M | $13.0M | $1.4M | $0 | — | — |
| 2015 | $7.4M | $6.9M | $1.2M | $12K | — | View 990 |
| 2014 | $3.9M | $3.8M | $786K | $9K | — | View 990 |
| 2013 | $1.6M | $1.5M | $206K | $25K | — | View 990 |
| 2012 | $1.4M | $1.4M | $204K | $51K | — | View 990 |
| 2011 | $1.1M | $1.1M | $209K | $536 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $15.6M, expenses of $15.2M, and assets of $1.8M (revenue +17.9% year-over-year).
- 2016: Revenue of $13.2M, expenses of $13.0M, and assets of $1.4M (revenue +79.4% year-over-year).
- 2015: Revenue of $7.4M, expenses of $6.9M, and assets of $1.2M (revenue +88.1% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.8M, and assets of $786K (revenue +149.2% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.5M, and assets of $206K (revenue +11.1% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $204K (revenue +32.3% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $209K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Real Medicine Inc:
Data Sources and Methodology
This transparency report for Real Medicine 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.