Southern Nevada Medical Industry Coalition
EIN: 264228889 · Las Vegas, NV · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $193K |
| Net Assets | $-154,345 |
Is Southern Nevada Medical Industry Coalition Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southern Nevada Medical Industry Coalition
Southern Nevada Medical Industry Coalition (EIN: 264228889) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code S41. The organization reported total revenue of $174K and total assets of $451 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Nevada Medical Industry Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Nevada Medical Industry Coalition is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $135K |
| Total Expenses | $193K |
| Surplus / Deficit | $-57,649 |
| Total Assets | $451 |
| Total Liabilities | $155K |
| Net Assets | $-154,345 |
| Operating Margin | -42.6% |
| Debt-to-Asset Ratio | 34322.8% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2023, Southern Nevada Medical Industry Coalition reported a deficit of $58K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 34322.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southern Nevada Medical Industry Coalition's revenue has declined at a compound annual growth rate (CAGR) of -10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.3% | +26.3% | -99.4% |
| 2022 | +108.0% | -29.1% | +1.1% |
| 2021 | -50.4% | +27.0% | -64.6% |
| 2020 | -55.4% | -33.5% | +88.9% |
| 2019 | -19.7% | -33.8% | -12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southern Nevada Medical Industry Coalition 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 Southern Nevada Medical Industry Coalition 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 $58K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34322.8%.
Frequently Asked Questions about Southern Nevada Medical Industry Coalition
Is Southern Nevada Medical Industry Coalition a legitimate charity?
Southern Nevada Medical Industry Coalition (EIN: 264228889) is a registered tax-exempt nonprofit based in Nevada. It has 13 years of IRS 990 filings on record. Total revenue: $174K. No red flags identified. Financial health grade: D.
How does Southern Nevada Medical Industry Coalition spend its money?
Southern Nevada Medical Industry Coalition reported $174K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southern Nevada Medical Industry Coalition tax-deductible?
Southern Nevada Medical Industry Coalition is registered as a tax-exempt nonprofit (EIN: 264228889). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southern Nevada Medical Industry Coalition located?
Southern Nevada Medical Industry Coalition is headquartered in Las Vegas, Nevada and files with the IRS under EIN 264228889. It is classified under NTEE code S41.
How many years of IRS 990 filings does Southern Nevada Medical Industry Coalition have?
Southern Nevada Medical Industry Coalition 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 $174K in total revenue.
Filing History
IRS 990 filing history for Southern Nevada Medical Industry Coalition showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern Nevada Medical Industry Coalition's revenue has declined by 74%, moving from $520K to $135K. Total assets decreased by 99.5% over the same period, from $92K to $451. Total functional expenses fell by 64.7%, from $546K to $193K. In its most recent filing year (2023), Southern Nevada Medical Industry Coalition reported a deficit of $58K, with expenses exceeding revenue. The organization holds $155K in liabilities against $451 in assets (debt-to-asset ratio: 34322.8%), resulting in net assets of $-154,345.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $135K | $193K | $451 | $155K | — | View 990 |
| 2022 | $154K | $153K | $76K | $173K | — | View 990 |
| 2021 | $74K | $215K | $76K | $174K | — | — |
| 2020 | $150K | $170K | $214K | $171K | — | View 990 |
| 2019 | $335K | $255K | $113K | $50K | — | View 990 |
| 2018 | $417K | $385K | $129K | $146K | — | View 990 |
| 2017 | $475K | $541K | $56K | $104K | — | — |
| 2016 | $352K | $379K | $53K | $36K | — | View 990 |
| 2015 | $305K | $262K | $50K | $5K | — | View 990 |
| 2014 | $164K | $151K | $23K | $21K | — | View 990 |
| 2013 | $200K | $181K | $36K | $48K | — | View 990 |
| 2012 | $431K | $460K | $10K | $40K | — | View 990 |
| 2011 | $520K | $546K | $92K | $93K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $135K, expenses of $193K, and assets of $451 (revenue -12.3% year-over-year).
- 2022: Revenue of $154K, expenses of $153K, and assets of $76K (revenue +108.0% year-over-year).
- 2021: Revenue of $74K, expenses of $215K, and assets of $76K (revenue -50.4% year-over-year).
- 2020: Revenue of $150K, expenses of $170K, and assets of $214K (revenue -55.4% year-over-year).
- 2019: Revenue of $335K, expenses of $255K, and assets of $113K (revenue -19.7% year-over-year).
- 2018: Revenue of $417K, expenses of $385K, and assets of $129K (revenue -12.2% year-over-year).
- 2017: Revenue of $475K, expenses of $541K, and assets of $56K (revenue +35.0% year-over-year).
- 2016: Revenue of $352K, expenses of $379K, and assets of $53K (revenue +15.4% year-over-year).
- 2015: Revenue of $305K, expenses of $262K, and assets of $50K (revenue +86.2% year-over-year).
- 2014: Revenue of $164K, expenses of $151K, and assets of $23K (revenue -18.1% year-over-year).
- 2013: Revenue of $200K, expenses of $181K, and assets of $36K (revenue -53.6% year-over-year).
- 2012: Revenue of $431K, expenses of $460K, and assets of $10K (revenue -17.2% year-over-year).
- 2011: Revenue of $520K, expenses of $546K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Nevada Medical Industry Coalition:
Data Sources and Methodology
This transparency report for Southern Nevada Medical Industry Coalition 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.