Vidant Medical Group Llc
EIN: 383740839 · Greenville, NC · NTEE: E122
Is Vidant Medical Group Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vidant Medical Group Llc
Vidant Medical Group Llc (EIN: 383740839) is a nonprofit organization based in Greenville, NC, classified under NTEE code E122. The organization reported total revenue of $336.6M and total assets of $91.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vidant Medical Group Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vidant Medical Group Llc is a major nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 38.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $301.1M |
| Total Expenses | $413.7M |
| Surplus / Deficit | $-112,645,007 |
| Total Assets | $90.9M |
| Total Liabilities | $89.4M |
| Net Assets | $1.5M |
| Operating Margin | -37.4% |
| Debt-to-Asset Ratio | 98.3% |
| Months of Reserves | 2.6 months |
Financial Health Grade: D
In 2023, Vidant Medical Group Llc reported a deficit of $112.6M with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 98.3% (high leverage).
Financial Trends
Over 14 years of filings (2009–2023), Vidant Medical Group Llc's revenue has grown at a compound annual growth rate (CAGR) of 38.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | +7.2% | +9.7% |
| 2022 | +15.6% | +16.8% | +49.1% |
| 2021 | +8.6% | +3.9% | +6.9% |
| 2020 | -3.5% | -1.6% | +15.7% |
| 2019 | +15.3% | +15.9% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vidant Medical Group Llc 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 Vidant Medical Group Llc 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 $112.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 98.3%.
Frequently Asked Questions about Vidant Medical Group Llc
Is Vidant Medical Group Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vidant Medical Group Llc (EIN: 383740839) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vidant Medical Group Llc spend its money?
Detailed spending breakdown data is not yet available for Vidant Medical Group Llc. Check back for updated IRS 990 analysis.
Are donations to Vidant Medical Group Llc tax-deductible?
Vidant Medical Group Llc is registered as a tax-exempt nonprofit (EIN: 383740839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Vidant Medical Group Llc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2023), Vidant Medical Group Llc's revenue has grown by 9105%, moving from $3.3M to $301.1M. Total assets increased by 15499.1% over the same period, from $583K to $90.9M. Total functional expenses rose by 3791.8%, from $10.6M to $413.7M. In its most recent filing year (2023), Vidant Medical Group Llc reported a deficit of $112.6M, with expenses exceeding revenue. The organization holds $89.4M in liabilities against $90.9M in assets (debt-to-asset ratio: 98.3%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $301.1M | $413.7M | $90.9M | $89.4M | — | — |
| 2022 | $294.2M | $385.8M | $82.9M | $83.3M | — | View 990 |
| 2021 | $254.5M | $330.2M | $55.6M | $54.0M | — | — |
| 2020 | $234.4M | $317.7M | $52.0M | $49.9M | — | — |
| 2019 | $242.9M | $322.9M | $44.9M | $36.6M | — | View 990 |
| 2018 | $210.7M | $278.6M | $46.3M | $36.2M | — | View 990 |
| 2017 | $178.1M | $238.0M | $39.7M | $29.6M | — | View 990 |
| 2016 | $164.9M | $219.3M | $45.1M | $30.5M | — | View 990 |
| 2015 | $164.1M | $214.6M | $44.2M | $33.2M | — | View 990 |
| 2014 | $152.4M | $194.3M | $33.1M | $25.9M | — | View 990 |
| 2013 | $143.1M | $177.4M | $35.2M | $22.6M | — | View 990 |
| 2012 | $96.2M | $121.4M | $28.6M | $13.9M | — | View 990 |
| 2011 | $34.4M | $59.6M | $15.5M | $9.1M | — | View 990 |
| 2009 | $3.3M | $10.6M | $583K | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $301.1M, expenses of $413.7M, and assets of $90.9M (revenue +2.3% year-over-year).
- 2022: Revenue of $294.2M, expenses of $385.8M, and assets of $82.9M (revenue +15.6% year-over-year).
- 2021: Revenue of $254.5M, expenses of $330.2M, and assets of $55.6M (revenue +8.6% year-over-year).
- 2020: Revenue of $234.4M, expenses of $317.7M, and assets of $52.0M (revenue -3.5% year-over-year).
- 2019: Revenue of $242.9M, expenses of $322.9M, and assets of $44.9M (revenue +15.3% year-over-year).
- 2018: Revenue of $210.7M, expenses of $278.6M, and assets of $46.3M (revenue +18.3% year-over-year).
- 2017: Revenue of $178.1M, expenses of $238.0M, and assets of $39.7M (revenue +8.0% year-over-year).
- 2016: Revenue of $164.9M, expenses of $219.3M, and assets of $45.1M (revenue +0.5% year-over-year).
- 2015: Revenue of $164.1M, expenses of $214.6M, and assets of $44.2M (revenue +7.7% year-over-year).
- 2014: Revenue of $152.4M, expenses of $194.3M, and assets of $33.1M (revenue +6.5% year-over-year).
- 2013: Revenue of $143.1M, expenses of $177.4M, and assets of $35.2M (revenue +48.7% year-over-year).
- 2012: Revenue of $96.2M, expenses of $121.4M, and assets of $28.6M (revenue +179.5% year-over-year).
- 2011: Revenue of $34.4M, expenses of $59.6M, and assets of $15.5M (revenue +952.6% year-over-year).
- 2009: Revenue of $3.3M, expenses of $10.6M, and assets of $583K.
Data Sources and Methodology
This transparency report for Vidant Medical Group Llc 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.