Student National Medical Association Inc
Student National Medical Association Inc. shows asset growth and positive net income with no reported officer compensation.
EIN: 200097141 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $45K |
| Total Expenses | $70K |
| Program Spending | 80% |
| Net Assets | $169K |
| Transparency Score | 85/100 |
Is Student National Medical Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Student National Medical Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Student National Medical Association Inc
Student National Medical Association Inc (EIN: 200097141) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $45K and total assets of $109K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Student National Medical Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Student National Medical Association Inc is a micro nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 32.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $70K |
| Surplus / Deficit | +$35K |
| Total Assets | $169K |
| Net Assets | $169K |
| Operating Margin | 33.5% |
| Months of Reserves | 29.0 months |
Financial Health Grade: A
In 2023, Student National Medical Association Inc reported a surplus of $35K with revenue exceeding expenses, holds 29.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Student National Medical Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 32.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.2% | +619.1% | +26.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Student National Medical Association Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Student National Medical Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation in both available filings, suggesting that executive leadership is either volunteer-based or compensated through non-officer roles, which is a positive indicator for resource allocation directly to mission-related activities.
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.
Strengths
The following positive indicators were identified for Student National Medical Association Inc:
- Consistent asset growth from $133,990 to $169,370.
- Positive net income in both reported periods ($70,007 surplus in 202306, $70,007 surplus in 202206).
- No reported liabilities, indicating strong financial solvency.
- 0% officer compensation reported, suggesting efficient use of funds for mission.
- Strong financial health with increasing revenue and assets.
Frequently Asked Questions about Student National Medical Association Inc
Is Student National Medical Association Inc a legitimate charity?
Student National Medical Association Inc (EIN: 200097141) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 2 years of IRS 990 filings on record. Total revenue: $45K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Student National Medical Association Inc spend its money?
Student National Medical Association Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Student National Medical Association Inc tax-deductible?
Student National Medical Association Inc is registered as a tax-exempt nonprofit (EIN: 200097141). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Student National Medical Association Inc's spending goes to programs?
Student National Medical Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Student National Medical Association Inc located?
Student National Medical Association Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 200097141.
How many years of IRS 990 filings does Student National Medical Association Inc have?
Student National Medical Association Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $45K in total revenue.
What are the specific program activities funded by the organization?
The provided data does not detail specific program activities, but the organization's name suggests a focus on supporting medical students.
How does the organization manage its administrative and fundraising costs?
Without a detailed expense breakdown beyond total expenses, it's difficult to precisely assess the efficiency of administrative and fundraising cost management. However, the overall financial health suggests effective management.
What is the source of the organization's revenue?
The filings indicate total revenue, but do not specify the sources (e.g., donations, grants, membership fees).
Filing History
IRS 990 filing history for Student National Medical Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Student National Medical Association Inc's revenue has grown by 32.2%, moving from $80K to $105K. Total assets increased by 26.4% over the same period, from $134K to $169K. Total functional expenses rose by 619.1%, from $10K to $70K. In its most recent filing year (2023), Student National Medical Association Inc reported a surplus of $35K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $105K | $70K | $169K | $0 | — | View 990 |
| 2022 | $80K | $10K | $134K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Student National Medical Association Inc:
Data Sources and Methodology
This transparency report for Student National Medical Association 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.