Samaritan Medical Practice Pc
EIN: 261528342 · Watertown, NY · NTEE: E30
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $11.6M |
| Net Assets | $0 |
Is Samaritan Medical Practice Pc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Samaritan Medical Practice Pc
Samaritan Medical Practice Pc (EIN: 261528342) is a nonprofit organization based in Watertown, NY, classified under NTEE code E30. The organization reported total revenue of $5.2M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Samaritan Medical Practice Pc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Samaritan Medical Practice Pc 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 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $11.6M |
| Surplus / Deficit | $-6,781,526 |
| Total Assets | $1.7M |
| Total Liabilities | $1.7M |
| Net Assets | $0 |
| Operating Margin | -140.2% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 1.8 months |
Financial Health Grade: D
In 2023, Samaritan Medical Practice Pc reported a deficit of $6.8M with expenses exceeding revenue, holds 1.8 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), Samaritan Medical Practice Pc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.2% | -35.3% | -8.6% |
| 2022 | -29.5% | -7.1% | -77.6% |
| 2021 | +39.3% | +14.1% | -12.6% |
| 2020 | -31.2% | -19.8% | -10.5% |
| 2019 | -51.8% | -28.1% | +189.1% |
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 Samaritan Medical Practice Pc 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 Samaritan Medical Practice Pc 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 $6.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Samaritan Medical Practice Pc
Is Samaritan Medical Practice Pc a legitimate charity?
Based on AI analysis of IRS 990 filings, Samaritan Medical Practice Pc (EIN: 261528342) insufficient data. 0 red flags identified, 0 strengths noted.
How does Samaritan Medical Practice Pc spend its money?
Detailed spending breakdown data is not yet available for Samaritan Medical Practice Pc. Check back for updated IRS 990 analysis.
Are donations to Samaritan Medical Practice Pc tax-deductible?
Samaritan Medical Practice Pc is registered as a tax-exempt nonprofit (EIN: 261528342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Samaritan Medical Practice Pc located?
Samaritan Medical Practice Pc is headquartered in Watertown, New York and files with the IRS under EIN 261528342. It is classified under NTEE code E30.
How many years of IRS 990 filings does Samaritan Medical Practice Pc have?
Samaritan Medical Practice Pc 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 $5.2M in total revenue.
Filing History
IRS 990 filing history for Samaritan Medical Practice Pc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Samaritan Medical Practice Pc's revenue has grown by 89.1%, moving from $2.6M to $4.8M. Total assets increased by 65.2% over the same period, from $1.0M to $1.7M. Total functional expenses rose by 98.7%, from $5.8M to $11.6M. In its most recent filing year (2023), Samaritan Medical Practice Pc reported a deficit of $6.8M, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $1.7M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $11.6M | $1.7M | $1.7M | — | — |
| 2022 | $7.0M | $18.0M | $1.9M | $1.9M | — | View 990 |
| 2021 | $10.0M | $19.3M | $8.4M | $8.4M | — | View 990 |
| 2020 | $7.2M | $16.9M | $9.6M | $9.6M | — | View 990 |
| 2019 | $10.4M | $21.1M | $10.7M | $10.7M | — | View 990 |
| 2018 | $21.6M | $29.4M | $3.7M | $3.7M | — | View 990 |
| 2017 | $18.8M | $27.7M | $4.6M | $4.6M | — | View 990 |
| 2016 | $16.3M | $24.0M | $3.3M | $3.3M | — | View 990 |
| 2015 | $14.3M | $20.5M | $2.7M | $2.7M | — | View 990 |
| 2014 | $5.9M | $10.3M | $2.4M | $2.4M | — | View 990 |
| 2013 | $4.3M | $8.7M | $1.0M | $3.6M | — | View 990 |
| 2012 | $6.8M | $8.0M | $1.0M | $2.3M | — | View 990 |
| 2011 | $2.6M | $5.8M | $1.0M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $11.6M, and assets of $1.7M (revenue -31.2% year-over-year).
- 2022: Revenue of $7.0M, expenses of $18.0M, and assets of $1.9M (revenue -29.5% year-over-year).
- 2021: Revenue of $10.0M, expenses of $19.3M, and assets of $8.4M (revenue +39.3% year-over-year).
- 2020: Revenue of $7.2M, expenses of $16.9M, and assets of $9.6M (revenue -31.2% year-over-year).
- 2019: Revenue of $10.4M, expenses of $21.1M, and assets of $10.7M (revenue -51.8% year-over-year).
- 2018: Revenue of $21.6M, expenses of $29.4M, and assets of $3.7M (revenue +15.0% year-over-year).
- 2017: Revenue of $18.8M, expenses of $27.7M, and assets of $4.6M (revenue +15.5% year-over-year).
- 2016: Revenue of $16.3M, expenses of $24.0M, and assets of $3.3M (revenue +13.4% year-over-year).
- 2015: Revenue of $14.3M, expenses of $20.5M, and assets of $2.7M (revenue +142.4% year-over-year).
- 2014: Revenue of $5.9M, expenses of $10.3M, and assets of $2.4M (revenue +36.6% year-over-year).
- 2013: Revenue of $4.3M, expenses of $8.7M, and assets of $1.0M (revenue -36.1% year-over-year).
- 2012: Revenue of $6.8M, expenses of $8.0M, and assets of $1.0M (revenue +165.1% year-over-year).
- 2011: Revenue of $2.6M, expenses of $5.8M, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Samaritan Medical Practice Pc:
Data Sources and Methodology
This transparency report for Samaritan Medical Practice Pc 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.