Tbhc Medical Services Pc
Tbhc Medical Services Pc consistently operates at a deficit, accumulating over $21 million in liabilities.
EIN: 112833590 · Brooklyn, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $5.8M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $-20,347,658 |
| Transparency Score | 40/100 |
Is Tbhc Medical Services Pc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tbhc Medical Services Pc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tbhc Medical Services Pc
Tbhc Medical Services Pc (EIN: 112833590) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E220. The organization reported total revenue of $5.6M and total assets of $874K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tbhc Medical Services Pc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tbhc Medical Services Pc is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.5M |
| Total Expenses | $5.8M |
| Surplus / Deficit | $-304,836 |
| Total Assets | $684K |
| Total Liabilities | $21.0M |
| Net Assets | $-20,347,658 |
| Operating Margin | -5.5% |
| Debt-to-Asset Ratio | 3075.9% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2023, Tbhc Medical Services Pc reported a deficit of $305K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 3075.9% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Tbhc Medical Services Pc's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.2% | -1.2% | +10.5% |
| 2022 | -12.1% | -10.1% | -34.3% |
| 2021 | +30.7% | -14.8% | +73.6% |
| 2020 | -33.6% | -10.4% | -52.7% |
| 2019 | +8.3% | +0.4% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
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 Tbhc Medical Services Pc with a Mission Score of 40 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Tbhc Medical Services Pc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $305K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3075.9%.
Executive Compensation Analysis
No officer compensation has been reported in any of the 11 available IRS 990 filings, which is unusual for an organization with annual revenues exceeding $5 million. This could indicate a volunteer executive team or that compensation is categorized differently, impacting transparency regarding leadership costs.
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 Tbhc Medical Services Pc's IRS 990 filings:
- Persistent operational deficits: Expenses consistently exceed revenue in nearly all reported periods, leading to financial instability.
- Massive and growing liabilities: Liabilities have grown to over $21 million, significantly outweighing assets and indicating severe solvency issues.
- Negative net asset position: Assets are consistently far less than liabilities, suggesting the organization is technically insolvent.
- No reported officer compensation: The complete absence of reported officer compensation across all filings raises transparency concerns.
- Declining assets relative to liabilities: While assets fluctuate, they remain very low compared to the escalating liabilities.
Strengths
The following positive indicators were identified for Tbhc Medical Services Pc:
- Consistent filing of IRS Form 990s: The organization has a history of regular financial reporting, indicating a commitment to basic compliance.
- Stable revenue generation: Despite deficits, the organization consistently generates several million dollars in revenue annually, indicating a base of operations.
Frequently Asked Questions about Tbhc Medical Services Pc
Is Tbhc Medical Services Pc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tbhc Medical Services Pc (EIN: 112833590) significant concerns. Mission Score: 40/100. 5 red flags identified, 2 strengths noted.
How does Tbhc Medical Services Pc spend its money?
Tbhc Medical Services Pc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tbhc Medical Services Pc tax-deductible?
Tbhc Medical Services Pc is registered as a tax-exempt nonprofit (EIN: 112833590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tbhc Medical Services Pc CEO make?
Tbhc Medical Services Pc's highest-compensated officer earns $5 annually. The organization reported $5.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tbhc Medical Services Pc's spending goes to programs?
Tbhc Medical Services Pc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tbhc Medical Services Pc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Tbhc Medical Services Pc is near average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tbhc Medical Services Pc located?
Tbhc Medical Services Pc is headquartered in Brooklyn, New York and files with the IRS under EIN 112833590. It is classified under NTEE code E220.
How many years of IRS 990 filings does Tbhc Medical Services Pc have?
Tbhc Medical Services Pc has 11 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 $5.6M in total revenue.
How does Tbhc Medical Services Pc plan to address its growing liabilities of over $21 million?
The filings consistently show liabilities far exceeding assets, with no clear indication in the provided data on how these are being managed or reduced. This is a critical financial vulnerability.
Why is no officer compensation reported across all 11 filings?
The absence of reported officer compensation is a significant data gap. It's unclear if executives are unpaid volunteers or if compensation is reported under other expense lines, which would reduce transparency.
What is the nature of the significant liabilities reported by the organization?
The IRS 990 data indicates substantial liabilities, reaching $21,031,411 in 2023, but does not detail their specific nature (e.g., mortgages, program-related debt, operational debt). Understanding this is crucial for assessing financial risk.
Is the organization's current revenue model sustainable given its consistent operational deficits?
With expenses consistently exceeding revenue (e.g., $5,821,060 expenses vs. $5,516,224 revenue in 2023), the current financial model appears unsustainable in the long term, contributing to the growing liabilities.
Filing History
IRS 990 filing history for Tbhc Medical Services Pc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Tbhc Medical Services Pc's revenue has grown by 191.8%, moving from $1.9M to $5.5M. Total assets increased by 120.3% over the same period, from $310K to $684K. Total functional expenses rose by 51.2%, from $3.9M to $5.8M. In its most recent filing year (2023), Tbhc Medical Services Pc reported a deficit of $305K, with expenses exceeding revenue. The organization holds $21.0M in liabilities against $684K in assets (debt-to-asset ratio: 3075.9%), resulting in net assets of $-20,347,658.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $5.8M | $684K | $21.0M | — | — |
| 2022 | $5.9M | $5.9M | $619K | $20.7M | — | View 990 |
| 2021 | $6.8M | $6.6M | $943K | $21.0M | — | View 990 |
| 2020 | $5.2M | $7.7M | $543K | $20.9M | — | View 990 |
| 2019 | $7.8M | $8.6M | $1.1M | $19.0M | — | View 990 |
| 2018 | $7.2M | $8.6M | $1.2M | $18.2M | — | View 990 |
| 2017 | $7.0M | $8.1M | $977K | $17.4M | — | View 990 |
| 2016 | $4.2M | $4.9M | $826K | $16.1M | — | View 990 |
| 2015 | $3.4M | $3.9M | $367K | $15.0M | — | View 990 |
| 2014 | $2.7M | $4.2M | $551K | $14.6M | — | View 990 |
| 2013 | $1.9M | $3.9M | $310K | $12.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $5.8M, and assets of $684K (revenue -7.2% year-over-year).
- 2022: Revenue of $5.9M, expenses of $5.9M, and assets of $619K (revenue -12.1% year-over-year).
- 2021: Revenue of $6.8M, expenses of $6.6M, and assets of $943K (revenue +30.7% year-over-year).
- 2020: Revenue of $5.2M, expenses of $7.7M, and assets of $543K (revenue -33.6% year-over-year).
- 2019: Revenue of $7.8M, expenses of $8.6M, and assets of $1.1M (revenue +8.3% year-over-year).
- 2018: Revenue of $7.2M, expenses of $8.6M, and assets of $1.2M (revenue +3.4% year-over-year).
- 2017: Revenue of $7.0M, expenses of $8.1M, and assets of $977K (revenue +65.4% year-over-year).
- 2016: Revenue of $4.2M, expenses of $4.9M, and assets of $826K (revenue +24.1% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.9M, and assets of $367K (revenue +25.1% year-over-year).
- 2014: Revenue of $2.7M, expenses of $4.2M, and assets of $551K (revenue +43.5% year-over-year).
- 2013: Revenue of $1.9M, expenses of $3.9M, and assets of $310K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tbhc Medical Services Pc:
Data Sources and Methodology
This transparency report for Tbhc Medical Services 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.