Tidalhealth Physician Network Inc
EIN: 510224470 · Seaford, DE · NTEE: E320
Is Tidalhealth Physician Network Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tidalhealth Physician Network Inc
Tidalhealth Physician Network Inc (EIN: 510224470) is a nonprofit organization based in Seaford, DE, classified under NTEE code E320. 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 Tidalhealth Physician Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tidalhealth Physician Network Inc is a mid-size nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of -13.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $5.3M |
| Surplus / Deficit | $-1,691,911 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -47.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2021, Tidalhealth Physician Network Inc reported a deficit of $1.7M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2012–2021), Tidalhealth Physician Network Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -87.8% | -82.5% | -100.0% |
| 2020 | +7.8% | +7.8% | +136.0% |
| 2019 | +0.6% | +4.1% | -20.5% |
| 2018 | +6.8% | +6.9% | +14.2% |
| 2017 | +18.5% | +19.7% | -8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tidalhealth Physician Network 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 Tidalhealth Physician Network 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.7M, with expenses exceeding revenue.
Frequently Asked Questions about Tidalhealth Physician Network Inc
Is Tidalhealth Physician Network Inc a legitimate charity?
Tidalhealth Physician Network Inc (EIN: 510224470) is a registered tax-exempt nonprofit based in Delaware. It has 10 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Tidalhealth Physician Network Inc spend its money?
Tidalhealth Physician Network Inc reported its financials in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tidalhealth Physician Network Inc tax-deductible?
Tidalhealth Physician Network Inc is registered as a tax-exempt nonprofit (EIN: 510224470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tidalhealth Physician Network Inc located?
Tidalhealth Physician Network Inc is headquartered in Seaford, Delaware and files with the IRS under EIN 510224470. It is classified under NTEE code E320.
How many years of IRS 990 filings does Tidalhealth Physician Network Inc have?
Tidalhealth Physician Network Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Tidalhealth Physician Network Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), Tidalhealth Physician Network Inc's revenue has declined by 73.8%, moving from $13.7M to $3.6M. Total assets decreased by 100% over the same period, from $1.8M to $0. Total functional expenses fell by 60.8%, from $13.5M to $5.3M. In its most recent filing year (2021), Tidalhealth Physician Network Inc reported a deficit of $1.7M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $3.6M | $5.3M | $0 | $0 | — | — |
| 2020 | $29.5M | $30.3M | $4.3M | $4.4M | — | — |
| 2019 | $27.4M | $28.1M | $1.8M | $1.5M | — | View 990 |
| 2018 | $27.2M | $27.0M | $2.3M | $1.2M | — | View 990 |
| 2017 | $25.5M | $25.2M | $2.0M | $1.1M | — | View 990 |
| 2016 | $21.5M | $21.1M | $2.2M | $1.5M | — | View 990 |
| 2015 | $17.3M | $17.2M | $1.4M | $1.2M | — | View 990 |
| 2014 | $16.3M | $16.8M | $1.2M | $1.0M | — | View 990 |
| 2013 | $13.3M | $13.8M | $1.7M | $973K | — | View 990 |
| 2012 | $13.7M | $13.5M | $1.8M | $518K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $3.6M, expenses of $5.3M, and assets of $0 (revenue -87.8% year-over-year).
- 2020: Revenue of $29.5M, expenses of $30.3M, and assets of $4.3M (revenue +7.8% year-over-year).
- 2019: Revenue of $27.4M, expenses of $28.1M, and assets of $1.8M (revenue +0.6% year-over-year).
- 2018: Revenue of $27.2M, expenses of $27.0M, and assets of $2.3M (revenue +6.8% year-over-year).
- 2017: Revenue of $25.5M, expenses of $25.2M, and assets of $2.0M (revenue +18.5% year-over-year).
- 2016: Revenue of $21.5M, expenses of $21.1M, and assets of $2.2M (revenue +24.5% year-over-year).
- 2015: Revenue of $17.3M, expenses of $17.2M, and assets of $1.4M (revenue +6.0% year-over-year).
- 2014: Revenue of $16.3M, expenses of $16.8M, and assets of $1.2M (revenue +23.0% year-over-year).
- 2013: Revenue of $13.3M, expenses of $13.8M, and assets of $1.7M (revenue -3.5% year-over-year).
- 2012: Revenue of $13.7M, expenses of $13.5M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tidalhealth Physician Network Inc:
Data Sources and Methodology
This transparency report for Tidalhealth Physician Network 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.