Southboro Medical Group Inc
EIN: 42487729 · Southboro, MA
| Metric | Value |
|---|---|
| Total Expenses | $101.8M |
| Net Assets | $10.0M |
Is Southboro Medical Group Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southboro Medical Group Inc
Southboro Medical Group Inc (EIN: 42487729) is a nonprofit organization based in Southboro, MA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southboro Medical Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southboro Medical Group Inc is a major nonprofit, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $102.8M |
| Total Expenses | $101.8M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $44.1M |
| Total Liabilities | $34.0M |
| Net Assets | $10.0M |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 77.3% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2013, Southboro Medical Group Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 77.3% (high leverage).
Financial Trends
Over 3 years of filings (2011–2013), Southboro Medical Group Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | +0.4% | -0.8% | -4.8% |
| 2012 | -1.2% | +0.4% | -1.4% |
AI Analysis Pending
AI enrichment for Southboro Medical Group Inc 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 Southboro Medical Group Inc 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 77.3%.
Frequently Asked Questions about Southboro Medical Group Inc
Is Southboro Medical Group Inc a legitimate charity?
Southboro Medical Group Inc (EIN: 42487729) is a registered tax-exempt nonprofit based in Massachusetts. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Southboro Medical Group Inc spend its money?
Southboro Medical Group Inc reported its financials in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southboro Medical Group Inc tax-deductible?
Southboro Medical Group Inc is registered as a tax-exempt nonprofit (EIN: 42487729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southboro Medical Group Inc located?
Southboro Medical Group Inc is headquartered in Southboro, Massachusetts and files with the IRS under EIN 42487729.
How many years of IRS 990 filings does Southboro Medical Group Inc have?
Southboro Medical Group Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Southboro Medical Group Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Southboro Medical Group Inc's revenue has declined by 0.8%, moving from $103.6M to $102.8M. Total assets decreased by 6.1% over the same period, from $46.9M to $44.1M. Total functional expenses fell by 0.4%, from $102.2M to $101.8M. In its most recent filing year (2013), Southboro Medical Group Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $34.0M in liabilities against $44.1M in assets (debt-to-asset ratio: 77.3%), resulting in net assets of $10.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $102.8M | $101.8M | $44.1M | $34.0M | — | View 990 |
| 2012 | $102.4M | $102.6M | $46.3M | $37.3M | — | View 990 |
| 2011 | $103.6M | $102.2M | $46.9M | $37.8M | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $102.8M, expenses of $101.8M, and assets of $44.1M (revenue +0.4% year-over-year).
- 2012: Revenue of $102.4M, expenses of $102.6M, and assets of $46.3M (revenue -1.2% year-over-year).
- 2011: Revenue of $103.6M, expenses of $102.2M, and assets of $46.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southboro Medical Group Inc:
Data Sources and Methodology
This transparency report for Southboro Medical Group 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.