Rhea Medical Healthcare Foundation

Rhea Medical Healthcare Foundation shows consistent asset growth and no executive compensation over a decade.

EIN: 201912692 · Dayton, TN · Updated: 2026-03-28

$128KRevenue

$248KAssets

92/100Mission Score (Excellent)

Is Rhea Medical Healthcare Foundation Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

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

Rhea Medical Healthcare Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Rhea Medical Healthcare Foundation

Rhea Medical Healthcare Foundation (EIN: 201912692) is a nonprofit organization based in Dayton, TN. The organization reported total revenue of $128K and total assets of $248K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhea Medical Healthcare Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Rhea Medical Healthcare Foundation demonstrates consistent financial growth over the past decade, with assets increasing from $99,919 in 2015 to $236,710 in 2024. The organization consistently reports zero officer compensation, which is a strong indicator of efficient use of donor funds and a commitment to its mission, as administrative costs are kept very low. While specific program spending details are not provided in the summary data, the low overall expenses relative to revenue in most years suggest a lean operational model. For example, in 2024, expenses were $30,153 against revenues of $81,969, indicating a significant portion of revenue was retained or used for direct charitable activities.

The foundation's financial health appears stable, with a positive net income in most reporting periods, contributing to its growing asset base. The consistent liability of $220 across all filings suggests a very stable and minimal debt structure. The absence of officer compensation is a key strength for transparency and efficiency. To further assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be beneficial, but based on the available data, the organization appears to manage its finances prudently.

Overall, Rhea Medical Healthcare Foundation exhibits strong financial stewardship, characterized by asset growth, minimal liabilities, and a clear commitment to avoiding executive compensation. This suggests a high degree of financial responsibility and a focus on maximizing resources for its charitable purpose, although the specific impact of its programs would require deeper analysis of its activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rhea Medical Healthcare Foundation with a Mission Score of 92 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Rhea Medical Healthcare Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 13 filings, indicating that no executive salaries are paid, which is highly unusual for an organization with growing assets and revenue, suggesting a volunteer-led or extremely lean operational structure.

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 Rhea Medical Healthcare Foundation's IRS 990 filings:

Lack of detailed program spending breakdown in summary data
NTEE Code is unknown, which limits understanding of specific mission area

Strengths

The following positive indicators were identified for Rhea Medical Healthcare Foundation:

Consistent asset growth over a decade (from $99,919 in 2015 to $236,710 in 2024)
Zero officer compensation reported across all 13 filings, indicating high efficiency and volunteer commitment
Very low and stable liabilities ($220 consistently), suggesting strong financial stability
Positive net income in most reporting periods, contributing to asset accumulation
Strong revenue growth in recent years (e.g., $53,239 in 2023 to $81,969 in 2024)

Frequently Asked Questions about Rhea Medical Healthcare Foundation

Is Rhea Medical Healthcare Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Rhea Medical Healthcare Foundation (EIN: 201912692) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.

How does Rhea Medical Healthcare Foundation spend its money?

Rhea Medical Healthcare Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Rhea Medical Healthcare Foundation tax-deductible?

Rhea Medical Healthcare Foundation is registered as a tax-exempt nonprofit (EIN: 201912692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Rhea Medical Healthcare Foundation a good charity?

Based on the financial data, Rhea Medical Healthcare Foundation appears to be a financially sound and efficient charity. It consistently grows its assets, maintains minimal liabilities, and reports no executive compensation, which are strong indicators of responsible financial management and a focus on its mission.

How does Rhea Medical Healthcare Foundation manage its administrative costs?

The foundation appears to manage administrative costs exceptionally well, as evidenced by the consistent reporting of 0% officer compensation. This suggests a very lean operational structure, potentially relying heavily on volunteers or having administrative functions absorbed by other entities, keeping overhead extremely low.

What is the trend in Rhea Medical Healthcare Foundation's financial growth?

Rhea Medical Healthcare Foundation has shown consistent financial growth, with assets increasing from $99,919 in 2015 to $236,710 in 2024. Revenue has also generally trended upwards, from $37,452 in 2015 to $81,969 in 2024, indicating a healthy and expanding financial base.

Filing History

IRS 990 filing history for Rhea Medical Healthcare Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Rhea Medical Healthcare Foundation's revenue has grown by 43.1%, moving from $57K to $82K. Total assets increased by 425.8% over the same period, from $45K to $237K. Total functional expenses fell by 39.7%, from $50K to $30K. In its most recent filing year (2024), Rhea Medical Healthcare Foundation reported a surplus of $52K, with revenue exceeding expenses. The organization holds $220 in liabilities against $237K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $236K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$82K	$30K	$237K	$220	—	—
2023	$53K	$27K	$185K	$220	—	View 990
2022	$47K	$43K	$159K	$220	—	View 990
2021	$41K	$33K	$155K	$220	—	—
2020	$36K	$27K	$147K	$220	—	View 990
2019	$46K	$29K	$138K	$220	—	View 990
2018	$54K	$49K	$121K	$220	—	View 990
2017	$47K	$18K	$116K	$220	—	View 990
2016	$35K	$47K	$88K	$220	—	View 990
2015	$37K	$9K	$100K	$220	—	View 990
2014	$43K	$24K	$72K	$220	—	View 990
2013	$46K	$39K	$52K	$0	—	View 990
2012	$57K	$50K	$45K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $82K, expenses of $30K, and assets of $237K (revenue +54.0% year-over-year).
2023: Revenue of $53K, expenses of $27K, and assets of $185K (revenue +13.8% year-over-year).
2022: Revenue of $47K, expenses of $43K, and assets of $159K (revenue +14.2% year-over-year).
2021: Revenue of $41K, expenses of $33K, and assets of $155K (revenue +13.8% year-over-year).
2020: Revenue of $36K, expenses of $27K, and assets of $147K (revenue -22.4% year-over-year).
2019: Revenue of $46K, expenses of $29K, and assets of $138K (revenue -13.4% year-over-year).
2018: Revenue of $54K, expenses of $49K, and assets of $121K (revenue +13.6% year-over-year).
2017: Revenue of $47K, expenses of $18K, and assets of $116K (revenue +34.8% year-over-year).
2016: Revenue of $35K, expenses of $47K, and assets of $88K (revenue -6.7% year-over-year).
2015: Revenue of $37K, expenses of $9K, and assets of $100K (revenue -13.4% year-over-year).
2014: Revenue of $43K, expenses of $24K, and assets of $72K (revenue -6.0% year-over-year).
2013: Revenue of $46K, expenses of $39K, and assets of $52K (revenue -19.7% year-over-year).
2012: Revenue of $57K, expenses of $50K, and assets of $45K.

Data Sources and Methodology

This transparency report for Rhea Medical Healthcare Foundation 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.