Usf Health Professions Conferencing Corporation

Usf Health Professions Conferencing Corporation maintains multi-million dollar operations with no reported officer compensation, experiencing a long-term decline in assets.

EIN: 161765073 · Tampa, FL · NTEE: B11 · Updated: 2026-03-28

$16.5MRevenue
$17.9MAssets
75/100Mission Score (Good)
B11
Usf Health Professions Conferencing Corporation Financial Summary
MetricValue
Total Revenue$16.5M
Total Expenses$14.1M
Program Spending85%
Net Assets$4.2M
Transparency Score75/100

Is Usf Health Professions Conferencing Corporation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Usf Health Professions Conferencing Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Usf Health Professions Conferencing Corporation

Usf Health Professions Conferencing Corporation (EIN: 161765073) is a nonprofit organization based in Tampa, FL, classified under NTEE code B11. The organization reported total revenue of $16.5M and total assets of $17.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Usf Health Professions Conferencing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Usf Health Professions Conferencing Corporation is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$15.3M
Total Expenses$14.1M
Surplus / Deficit+$1.2M
Total Assets$17.2M
Total Liabilities$13.0M
Net Assets$4.2M
Operating Margin7.8%
Debt-to-Asset Ratio75.7%
Months of Reserves14.7 months

Financial Health Grade: A

In 2023, Usf Health Professions Conferencing Corporation reported a surplus of $1.2M with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 75.7% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Usf Health Professions Conferencing Corporation's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-10.3%-14.8%-3.6%
2022+88.7%+63.5%-3.2%
2021-38.3%-33.5%-14.6%
2020-19.3%-10.0%-8.1%
2019+12.0%+17.0%+2.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Usf Health Professions Conferencing Corporation demonstrates consistent financial activity, with revenues and expenses generally in the multi-million dollar range over the past decade. The organization's assets have shown a declining trend from a peak of over $28 million in 2014 to $17.9 million currently, while liabilities have also decreased, indicating a managed reduction in overall financial scale. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial structure and suggests that executive leadership is either unpaid or compensated through other means not reported as officer compensation on the 990, or that the organization's structure does not include traditional 'officer' roles with reportable compensation. Spending efficiency appears reasonable, with expenses generally tracking closely to revenues, indicating that the organization is spending most of its income on its operations. For instance, in 2023, expenses were $14,072,107 against revenues of $15,267,319, leaving a surplus. However, there have been periods of deficit, such as in 2021 where expenses exceeded revenue by over $1 million. The consistent reporting of 0% officer compensation enhances transparency regarding executive pay, though a more detailed breakdown of program, administrative, and fundraising expenses would provide a clearer picture of spending efficiency. The NTEE code B11 (Medical, Dental, & Nursing Schools) suggests a focus on educational conferencing, which aligns with the 'Conferencing Corporation' in its name. Overall, the organization appears to be financially stable, albeit with a shrinking asset base over the long term. The lack of reported officer compensation is a significant transparency point, but without a detailed functional expense breakdown, a complete assessment of spending efficiency across program, administrative, and fundraising categories is challenging. The consistent filing history and multi-million dollar operations suggest a well-established entity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Usf Health Professions Conferencing Corporation with a Mission Score of 75 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Usf Health Professions Conferencing Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$15.3MTotal Revenue
$14.1MTotal Expenses
$17.2MTotal Assets
$13.0MTotal Liabilities
$4.2MNet Assets
  • The organization reported a surplus of $1.2M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 75.7%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers or that it is not reported as such on the 990, which is unusual for an organization with multi-million dollar revenues and assets.

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 Usf Health Professions Conferencing Corporation's IRS 990 filings:

  • Consistent 0% officer compensation for a multi-million dollar organization, which warrants further investigation into how leadership is compensated or structured.
  • Significant long-term decline in assets from $28.3 million in 2014 to $17.9 million currently, without clear explanation in the provided data.

Strengths

The following positive indicators were identified for Usf Health Professions Conferencing Corporation:

  • Consistent multi-million dollar revenue generation, indicating a stable operational capacity.
  • Long history of IRS 990 filings (13 filings), suggesting transparency and compliance.
  • Generally manages expenses close to revenues, indicating efficient use of funds for its operations.
  • Substantial asset base ($17,901,413) providing financial stability.

Frequently Asked Questions about Usf Health Professions Conferencing Corporation

Is Usf Health Professions Conferencing Corporation a legitimate charity?

Usf Health Professions Conferencing Corporation (EIN: 161765073) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Usf Health Professions Conferencing Corporation spend its money?

Usf Health Professions Conferencing Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Usf Health Professions Conferencing Corporation tax-deductible?

Usf Health Professions Conferencing Corporation is registered as a tax-exempt nonprofit (EIN: 161765073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Usf Health Professions Conferencing Corporation's spending goes to programs?

Usf Health Professions Conferencing Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Usf Health Professions Conferencing Corporation compare to similar nonprofits?

With a transparency score of 75/100 (Good), Usf Health Professions Conferencing Corporation is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Usf Health Professions Conferencing Corporation located?

Usf Health Professions Conferencing Corporation is headquartered in Tampa, Florida and files with the IRS under EIN 161765073. It is classified under NTEE code B11.

How many years of IRS 990 filings does Usf Health Professions Conferencing Corporation have?

Usf Health Professions Conferencing Corporation has 13 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 $16.5M in total revenue.

How does Usf Health Professions Conferencing Corporation manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation suggests that executive leadership may be compensated through other entities, volunteer their time, or that the organization's structure does not include traditional 'officer' roles with reportable compensation on the 990.

What caused the significant decline in assets from $28.3 million in 2014 to $17.9 million currently?

The decline in assets could be due to various factors such as strategic divestments, depreciation of assets, or using accumulated funds for operational expenses or debt reduction. Further analysis of the balance sheet would be needed to pinpoint the exact causes.

What is the specific breakdown of program, administrative, and fundraising expenses?

Without a detailed functional expense breakdown from the IRS 990, it's challenging to provide exact percentages. The provided spending breakdown is an estimation based on general nonprofit operational patterns and the organization's mission.

Is the organization financially sustainable given the fluctuating revenues and occasional deficits?

While there have been periods of deficits (e.g., 2021 and 2015), the organization generally maintains a positive net income and a substantial asset base, suggesting overall financial stability. The current assets of $17,901,413 against liabilities of $13,009,612 (2023) indicate a healthy financial position.

Filing History

IRS 990 filing history for Usf Health Professions Conferencing Corporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Usf Health Professions Conferencing Corporation's revenue has declined by 21.8%, moving from $19.5M to $15.3M. Total assets increased by 5% over the same period, from $16.4M to $17.2M. Total functional expenses fell by 31.2%, from $20.5M to $14.1M. In its most recent filing year (2023), Usf Health Professions Conferencing Corporation reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $13.0M in liabilities against $17.2M in assets (debt-to-asset ratio: 75.7%), resulting in net assets of $4.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $15.3M $14.1M $17.2M $13.0M View 990
2022 $17.0M $16.5M $17.8M $14.9M View 990
2021 $9.0M $10.1M $18.4M $15.9M View 990
2020 $14.6M $15.2M $21.6M $18.0M View 990
2019 $18.1M $16.9M $23.5M $19.3M View 990
2018 $16.2M $14.4M $22.8M $19.9M View 990
2017 $15.8M $14.2M $22.3M $21.1M View 990
2016 $19.1M $18.4M $22.6M $23.0M View 990
2015 $23.8M $24.7M $25.7M $26.8M View 990
2014 $19.4M $21.8M $28.3M $28.5M View 990
2013 $19.8M $22.8M $31.7M $29.4M View 990
2012 $18.5M $19.9M $35.4M $30.1M View 990
2011 $19.5M $20.5M $16.4M $9.7M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $15.3M, expenses of $14.1M, and assets of $17.2M (revenue -10.3% year-over-year).
  • 2022: Revenue of $17.0M, expenses of $16.5M, and assets of $17.8M (revenue +88.7% year-over-year).
  • 2021: Revenue of $9.0M, expenses of $10.1M, and assets of $18.4M (revenue -38.3% year-over-year).
  • 2020: Revenue of $14.6M, expenses of $15.2M, and assets of $21.6M (revenue -19.3% year-over-year).
  • 2019: Revenue of $18.1M, expenses of $16.9M, and assets of $23.5M (revenue +12.0% year-over-year).
  • 2018: Revenue of $16.2M, expenses of $14.4M, and assets of $22.8M (revenue +2.3% year-over-year).
  • 2017: Revenue of $15.8M, expenses of $14.2M, and assets of $22.3M (revenue -17.1% year-over-year).
  • 2016: Revenue of $19.1M, expenses of $18.4M, and assets of $22.6M (revenue -19.8% year-over-year).
  • 2015: Revenue of $23.8M, expenses of $24.7M, and assets of $25.7M (revenue +22.7% year-over-year).
  • 2014: Revenue of $19.4M, expenses of $21.8M, and assets of $28.3M (revenue -2.1% year-over-year).
  • 2013: Revenue of $19.8M, expenses of $22.8M, and assets of $31.7M (revenue +6.8% year-over-year).
  • 2012: Revenue of $18.5M, expenses of $19.9M, and assets of $35.4M (revenue -5.0% year-over-year).
  • 2011: Revenue of $19.5M, expenses of $20.5M, and assets of $16.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Usf Health Professions Conferencing Corporation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Usf Health Professions Conferencing Corporation 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.

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