Ucm Medical Group Inc
EIN: 474221241 · Chicago, IL · NTEE: E21
| Metric | Value |
|---|---|
| Total Revenue | $77.2M |
| Total Expenses | $36.7M |
| Net Assets | $-31,569,656 |
Is Ucm Medical Group Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ucm Medical Group Inc
Ucm Medical Group Inc (EIN: 474221241) is a nonprofit organization based in Chicago, IL, classified under NTEE code E21. The organization reported total revenue of $77.2M and total assets of $84.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ucm Medical Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ucm Medical Group Inc is a major nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 71.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30.4M |
| Total Expenses | $36.7M |
| Surplus / Deficit | $-6,332,233 |
| Total Assets | $40.0M |
| Total Liabilities | $71.5M |
| Net Assets | $-31,569,656 |
| Operating Margin | -20.8% |
| Debt-to-Asset Ratio | 179.0% |
| Months of Reserves | 13.1 months |
Financial Health Grade: C
In 2023, Ucm Medical Group Inc reported a deficit of $6.3M with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 179.0% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Ucm Medical Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 71.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.7% | -3.3% | -7.9% |
| 2022 | +84.8% | +51.0% | -6.5% |
| 2021 | +128.3% | +129.5% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ucm Medical Group 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 Ucm Medical Group 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 179.0%.
Frequently Asked Questions about Ucm Medical Group Inc
Is Ucm Medical Group Inc a legitimate charity?
Ucm Medical Group Inc (EIN: 474221241) is a registered tax-exempt nonprofit based in Illinois. It has 4 years of IRS 990 filings on record. Total revenue: $77.2M. No red flags identified. Financial health grade: C.
How does Ucm Medical Group Inc spend its money?
Ucm Medical Group Inc reported $77.2M in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ucm Medical Group Inc tax-deductible?
Ucm Medical Group Inc is registered as a tax-exempt nonprofit (EIN: 474221241). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ucm Medical Group Inc located?
Ucm Medical Group Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 474221241. It is classified under NTEE code E21.
How many years of IRS 990 filings does Ucm Medical Group Inc have?
Ucm Medical Group Inc has 4 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 $77.2M in total revenue.
Filing History
IRS 990 filing history for Ucm Medical Group Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Ucm Medical Group Inc's revenue has grown by 404.8%, moving from $6.0M to $30.4M. Total assets decreased by 6.9% over the same period, from $42.9M to $40.0M. Total functional expenses rose by 235.1%, from $11.0M to $36.7M. In its most recent filing year (2023), Ucm Medical Group Inc reported a deficit of $6.3M, with expenses exceeding revenue. The organization holds $71.5M in liabilities against $40.0M in assets (debt-to-asset ratio: 179.0%), resulting in net assets of $-31,569,656.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30.4M | $36.7M | $40.0M | $71.5M | — | — |
| 2022 | $25.4M | $38.0M | $43.4M | $68.6M | — | View 990 |
| 2021 | $13.7M | $25.1M | $46.4M | $59.1M | — | View 990 |
| 2020 | $6.0M | $11.0M | $42.9M | $44.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30.4M, expenses of $36.7M, and assets of $40.0M (revenue +19.7% year-over-year).
- 2022: Revenue of $25.4M, expenses of $38.0M, and assets of $43.4M (revenue +84.8% year-over-year).
- 2021: Revenue of $13.7M, expenses of $25.1M, and assets of $46.4M (revenue +128.3% year-over-year).
- 2020: Revenue of $6.0M, expenses of $11.0M, and assets of $42.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ucm Medical Group Inc:
Data Sources and Methodology
This transparency report for Ucm Medical Group 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.