Tmc Healthcare
Tmc Healthcare shows consistent asset growth despite recent operational deficits and fluctuating revenues.
EIN: 202218975 · Tucson, AZ · NTEE: E12 · Updated: 2026-03-28
Is Tmc Healthcare Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tmc Healthcare directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tmc Healthcare
Tmc Healthcare (EIN: 202218975) is a nonprofit organization based in Tucson, AZ, classified under NTEE code E12. The organization reported total revenue of $22.1M and total assets of $50.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tmc Healthcare's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tmc Healthcare is a large nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 68.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.1M |
| Total Expenses | $11.3M |
| Surplus / Deficit | $-1,241,332 |
| Total Assets | $42.7M |
| Total Liabilities | $4.8M |
| Net Assets | $38.0M |
| Operating Margin | -12.3% |
| Debt-to-Asset Ratio | 11.1% |
| Months of Reserves | 45.3 months |
Financial Health Grade: B
In 2023, Tmc Healthcare reported a deficit of $1.2M with expenses exceeding revenue, holds 45.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Tmc Healthcare's revenue has grown at a compound annual growth rate (CAGR) of 68.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +201.1% | +202.8% | +17.9% |
| 2022 | +80340.1% | +583586.3% | +45.6% |
| 2021 | -60.1% | +16.8% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Tmc Healthcare with a Mission Score of 70 out of 100 (Good). 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, Tmc Healthcare 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 deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.1%.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, suggesting either a volunteer leadership structure, compensation handled by a related entity, or a high degree of transparency in not reporting direct executive salaries from these specific filings.
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 Tmc Healthcare's IRS 990 filings:
- Recurring operational deficits, such as $1,241,332 in 2023 and $390,894 in 2022, raise questions about financial sustainability.
- Significant negative revenue reported in 2019 ($-1,281,709) and 2018 ($-2,206,021) requires further investigation to understand the underlying financial events.
Strengths
The following positive indicators were identified for Tmc Healthcare:
- Consistent growth in assets, from $20,569,221 in 2019 to $42,718,273 in 2023, indicates strong financial management of capital.
- No reported officer compensation across all filings suggests either a volunteer-led organization or high transparency regarding executive pay if compensated through other means.
Frequently Asked Questions about Tmc Healthcare
Is Tmc Healthcare a legitimate charity?
Based on AI analysis of IRS 990 filings, Tmc Healthcare (EIN: 202218975) some concerns. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
How does Tmc Healthcare spend its money?
Tmc Healthcare directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tmc Healthcare tax-deductible?
Tmc Healthcare is registered as a tax-exempt nonprofit (EIN: 202218975). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Tmc Healthcare fund its operations given the recurring deficits, such as the $1,241,332 deficit in 2023?
The consistent growth in assets from $20,569,221 in 2019 to $42,718,273 in 2023, despite operational deficits, suggests funding may come from investment income, endowments, or other non-operating revenue sources not detailed in the provided 'Revenue' field, or through strategic asset management.
What is the nature of the 'negative revenue' reported in 2019 ($-1,281,709) and 2018 ($-2,206,021)?
Negative revenue can indicate significant returns of contributions, adjustments for prior period revenue, or substantial losses from investments or other activities that are netted against gross revenue. Further detail from the full 990 forms would be needed to understand the specific cause.
What is the breakdown of expenses (program, administrative, fundraising) for Tmc Healthcare?
The provided data does not offer a detailed functional expense breakdown. Without this, it's challenging to precisely assess spending efficiency across program delivery, administration, and fundraising efforts.
Filing History
IRS 990 filing history for Tmc Healthcare showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tmc Healthcare's revenue has grown by 86449.2%, moving from $12K to $10.1M. Total assets increased by 6996.1% over the same period, from $602K to $42.7M. In its most recent filing year (2023), Tmc Healthcare reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $4.8M in liabilities against $42.7M in assets (debt-to-asset ratio: 11.1%), resulting in net assets of $38.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.1M | $11.3M | $42.7M | $4.8M | — | — |
| 2022 | $3.3M | $3.7M | $36.2M | $3.3M | — | View 990 |
| 2021 | $4K | $640 | $24.9M | $1.8M | — | View 990 |
| 2020 | $10K | $548 | $25.0M | $250K | — | View 990 |
| 2019 | $-1,281,709 | $752 | $20.6M | $0 | — | View 990 |
| 2018 | $-2,206,021 | $986 | $20.6M | $0 | — | View 990 |
| 2017 | $2.0M | $1K | $16.9M | $0 | — | View 990 |
| 2016 | $11.6M | $2K | $20.2M | $0 | — | View 990 |
| 2015 | $10.1M | $137 | $32.4M | $0 | — | View 990 |
| 2014 | $-13,527 | $0 | $22.4M | $0 | — | View 990 |
| 2013 | $10.0M | $2.1M | $21.8M | $0 | — | View 990 |
| 2012 | $5.9M | $5.9M | $14.5M | $0 | — | View 990 |
| 2011 | $0 | $0 | $14.5M | $104K | — | View 990 |
| 2010 | $12K | $0 | $602K | $104K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.1M, expenses of $11.3M, and assets of $42.7M (revenue +201.1% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.7M, and assets of $36.2M (revenue +80340.1% year-over-year).
- 2021: Revenue of $4K, expenses of $640, and assets of $24.9M (revenue -60.1% year-over-year).
- 2020: Revenue of $10K, expenses of $548, and assets of $25.0M.
- 2019: Revenue of $-1,281,709, expenses of $752, and assets of $20.6M.
- 2018: Revenue of $-2,206,021, expenses of $986, and assets of $20.6M (revenue -208.1% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1K, and assets of $16.9M (revenue -82.5% year-over-year).
- 2016: Revenue of $11.6M, expenses of $2K, and assets of $20.2M (revenue +15.8% year-over-year).
- 2015: Revenue of $10.1M, expenses of $137, and assets of $32.4M.
- 2014: Revenue of $-13,527, expenses of $0, and assets of $22.4M (revenue -100.1% year-over-year).
- 2013: Revenue of $10.0M, expenses of $2.1M, and assets of $21.8M (revenue +70.0% year-over-year).
- 2012: Revenue of $5.9M, expenses of $5.9M, and assets of $14.5M.
- 2011: Revenue of $0, expenses of $0, and assets of $14.5M (revenue -100.0% year-over-year).
- 2010: Revenue of $12K, expenses of $0, and assets of $602K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tmc Healthcare:
Data Sources and Methodology
This transparency report for Tmc Healthcare 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.