Charleston Medical Society Foundation

Nonprofit profile at a glance

EIN
452646828
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2019, Form 990-EZ 2024, Form 990-N 2018
Location
Charleston, SC, USA
Phone
8435773613
Rating confidence
Limited
Sector
Public Foundations

Reported finances

Revenue
$0
Expenses
$5,592
Assets
$6,183

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • JUSTINE DeCASTRO MD (PRESIDENT ELECT)
  • KAY DURST MC (President)

People named in this filing

  • NATALIE FRIEDIN MD (Trustee)
  • JUSTINE DeCASTRO MD (PRESIDENT ELECT)
  • CHUMA OBINEME MD (Trustee)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Corporation is organized and operated to promote the medical well-being of the people in the greater Charleston area through support of community health initiatives, medical education, clinical research, and equal access to quality healthcare for all members of the community.

What it reported doing in 2024

We distributed $3,000 to three scholarship recipients.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 20
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 53.6%; rating input score 54

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 1.11; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -43.5% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -75.2% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -20.5% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 53.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.