Washington Reginal Medical System
EIN: 710664686 · Fayetteville, AR
| Metric | Value |
|---|---|
| Total Revenue | $102.8M |
| Total Expenses | $154.4M |
| Net Assets | $9.2M |
Is Washington Reginal Medical System Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Washington Reginal Medical System
Washington Reginal Medical System (EIN: 710664686) is a nonprofit organization based in Fayetteville, AR. The organization reported total revenue of $102.8M and total assets of $37.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Reginal Medical System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington Reginal Medical System is a major nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97.9M |
| Total Expenses | $154.4M |
| Surplus / Deficit | $-56,535,261 |
| Total Assets | $43.6M |
| Total Liabilities | $34.5M |
| Net Assets | $9.2M |
| Operating Margin | -57.8% |
| Debt-to-Asset Ratio | 79.0% |
| Months of Reserves | 3.4 months |
Financial Health Grade: C
In 2023, Washington Reginal Medical System reported a deficit of $56.5M with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 79.0% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Washington Reginal Medical System's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | +8.8% | -7.2% |
| 2022 | +4.5% | +9.8% | +34.9% |
| 2021 | +14.9% | +8.6% | -0.4% |
| 2020 | -7.0% | -2.2% | -3.8% |
| 2019 | +4.6% | +8.5% | +145.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Washington Reginal Medical System 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 Washington Reginal Medical System 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 $56.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 79.0%.
Frequently Asked Questions about Washington Reginal Medical System
Is Washington Reginal Medical System a legitimate charity?
Washington Reginal Medical System (EIN: 710664686) is a registered tax-exempt nonprofit based in Arkansas. It has 14 years of IRS 990 filings on record. Total revenue: $102.8M. No red flags identified. Financial health grade: C.
How does Washington Reginal Medical System spend its money?
Washington Reginal Medical System reported $102.8M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Washington Reginal Medical System tax-deductible?
Washington Reginal Medical System is registered as a tax-exempt nonprofit (EIN: 710664686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Washington Reginal Medical System located?
Washington Reginal Medical System is headquartered in Fayetteville, Arkansas and files with the IRS under EIN 710664686.
How many years of IRS 990 filings does Washington Reginal Medical System have?
Washington Reginal Medical System has 14 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 $102.8M in total revenue.
Filing History
IRS 990 filing history for Washington Reginal Medical System showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Washington Reginal Medical System's revenue has grown by 311%, moving from $23.8M to $97.9M. Total assets increased by 620.7% over the same period, from $6.1M to $43.6M. Total functional expenses rose by 346.3%, from $34.6M to $154.4M. In its most recent filing year (2023), Washington Reginal Medical System reported a deficit of $56.5M, with expenses exceeding revenue. The organization holds $34.5M in liabilities against $43.6M in assets (debt-to-asset ratio: 79.0%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97.9M | $154.4M | $43.6M | $34.5M | — | — |
| 2022 | $89.1M | $142.0M | $47.0M | $37.7M | — | View 990 |
| 2021 | $85.3M | $129.2M | $34.8M | $32.7M | — | View 990 |
| 2020 | $74.2M | $119.0M | $35.0M | $31.9M | — | View 990 |
| 2019 | $79.8M | $121.6M | $36.4M | $32.5M | — | View 990 |
| 2018 | $76.3M | $112.1M | $14.8M | $7.6M | — | View 990 |
| 2017 | $68.7M | $99.2M | $11.7M | $8.6M | — | View 990 |
| 2016 | $60.2M | $86.7M | $10.9M | $7.3M | — | View 990 |
| 2015 | $55.7M | $77.6M | $10.7M | $5.6M | — | View 990 |
| 2014 | $48.8M | $70.0M | $10.3M | $5.3M | — | View 990 |
| 2013 | $42.5M | $61.4M | $10.4M | $4.3M | — | View 990 |
| 2012 | $36.4M | $51.5M | $7.9M | $3.6M | — | View 990 |
| 2011 | $30.4M | $43.7M | $5.5M | $2.2M | — | View 990 |
| 2010 | $23.8M | $34.6M | $6.1M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97.9M, expenses of $154.4M, and assets of $43.6M (revenue +9.8% year-over-year).
- 2022: Revenue of $89.1M, expenses of $142.0M, and assets of $47.0M (revenue +4.5% year-over-year).
- 2021: Revenue of $85.3M, expenses of $129.2M, and assets of $34.8M (revenue +14.9% year-over-year).
- 2020: Revenue of $74.2M, expenses of $119.0M, and assets of $35.0M (revenue -7.0% year-over-year).
- 2019: Revenue of $79.8M, expenses of $121.6M, and assets of $36.4M (revenue +4.6% year-over-year).
- 2018: Revenue of $76.3M, expenses of $112.1M, and assets of $14.8M (revenue +11.0% year-over-year).
- 2017: Revenue of $68.7M, expenses of $99.2M, and assets of $11.7M (revenue +14.2% year-over-year).
- 2016: Revenue of $60.2M, expenses of $86.7M, and assets of $10.9M (revenue +8.1% year-over-year).
- 2015: Revenue of $55.7M, expenses of $77.6M, and assets of $10.7M (revenue +14.3% year-over-year).
- 2014: Revenue of $48.8M, expenses of $70.0M, and assets of $10.3M (revenue +14.8% year-over-year).
- 2013: Revenue of $42.5M, expenses of $61.4M, and assets of $10.4M (revenue +16.6% year-over-year).
- 2012: Revenue of $36.4M, expenses of $51.5M, and assets of $7.9M (revenue +19.9% year-over-year).
- 2011: Revenue of $30.4M, expenses of $43.7M, and assets of $5.5M (revenue +27.6% year-over-year).
- 2010: Revenue of $23.8M, expenses of $34.6M, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington Reginal Medical System:
Data Sources and Methodology
This transparency report for Washington Reginal Medical System 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.