Western Carolina Medical Society Association
EIN: 561714480 · Asheville, NC
| Metric | Value |
|---|---|
| Total Revenue | $237K |
| Total Expenses | $175K |
Is Western Carolina Medical Society Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western Carolina Medical Society Association
Western Carolina Medical Society Association (EIN: 561714480) is a nonprofit organization based in Asheville, NC. The organization reported total revenue of $237K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Carolina Medical Society Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Carolina Medical Society Association is a small nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $175K |
| Surplus / Deficit | +$56K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 24.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2020, Western Carolina Medical Society Association reported a surplus of $56K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2020), Western Carolina Medical Society Association's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +0.9% | -23.0% | -100.0% |
| 2019 | -9.0% | -4.4% | +2.1% |
| 2018 | -5.3% | -2.7% | -4.5% |
| 2017 | -12.7% | -10.1% | -6.5% |
| 2016 | +3.0% | +0.6% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western Carolina Medical Society Association 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 Western Carolina Medical Society Association 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $56K, with revenue exceeding expenses.
Frequently Asked Questions about Western Carolina Medical Society Association
Is Western Carolina Medical Society Association a legitimate charity?
Western Carolina Medical Society Association (EIN: 561714480) is a registered tax-exempt nonprofit based in North Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $237K. No red flags identified. Financial health grade: A.
How does Western Carolina Medical Society Association spend its money?
Western Carolina Medical Society Association reported $237K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Western Carolina Medical Society Association tax-deductible?
Western Carolina Medical Society Association is registered as a tax-exempt nonprofit (EIN: 561714480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Western Carolina Medical Society Association located?
Western Carolina Medical Society Association is headquartered in Asheville, North Carolina and files with the IRS under EIN 561714480.
How many years of IRS 990 filings does Western Carolina Medical Society Association have?
Western Carolina Medical Society Association has 10 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 $237K in total revenue.
Filing History
IRS 990 filing history for Western Carolina Medical Society Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Western Carolina Medical Society Association's revenue has declined by 18.8%, moving from $285K to $231K. Total assets decreased by 100% over the same period, from $498K to $0. Total functional expenses fell by 36.5%, from $276K to $175K. In its most recent filing year (2020), Western Carolina Medical Society Association reported a surplus of $56K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $231K | $175K | $0 | $0 | — | — |
| 2019 | $229K | $228K | $439K | $162K | — | — |
| 2018 | $252K | $238K | $430K | $160K | — | View 990 |
| 2017 | $266K | $245K | $450K | $188K | — | View 990 |
| 2016 | $305K | $272K | $482K | $241K | — | View 990 |
| 2015 | $296K | $270K | $506K | $303K | — | View 990 |
| 2014 | $304K | $279K | $460K | $280K | — | View 990 |
| 2013 | $300K | $295K | $453K | $300K | — | View 990 |
| 2012 | $291K | $287K | $466K | $325K | — | View 990 |
| 2011 | $285K | $276K | $498K | $364K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $231K, expenses of $175K, and assets of $0 (revenue +0.9% year-over-year).
- 2019: Revenue of $229K, expenses of $228K, and assets of $439K (revenue -9.0% year-over-year).
- 2018: Revenue of $252K, expenses of $238K, and assets of $430K (revenue -5.3% year-over-year).
- 2017: Revenue of $266K, expenses of $245K, and assets of $450K (revenue -12.7% year-over-year).
- 2016: Revenue of $305K, expenses of $272K, and assets of $482K (revenue +3.0% year-over-year).
- 2015: Revenue of $296K, expenses of $270K, and assets of $506K (revenue -2.8% year-over-year).
- 2014: Revenue of $304K, expenses of $279K, and assets of $460K (revenue +1.5% year-over-year).
- 2013: Revenue of $300K, expenses of $295K, and assets of $453K (revenue +3.2% year-over-year).
- 2012: Revenue of $291K, expenses of $287K, and assets of $466K (revenue +2.1% year-over-year).
- 2011: Revenue of $285K, expenses of $276K, and assets of $498K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Carolina Medical Society Association:
Data Sources and Methodology
This transparency report for Western Carolina Medical Society Association 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.