Mdtext
Nonprofit profile at a glance
- EIN
- 043521446
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990 2018, Form 990-EZ 2025, Form 990-N 2017
- Location
- Portland, OR, USA
- Phone
- 5038034658
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $32,586
- Expenses
- $38,751
- Assets
- $454,308
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
34 people listed
Executive titles in this filing
- ASHLEY GROSSMAN (PRESIDENT)
People named in this filing
- KENNETH R FEINGOLD (EDITOR IN CH)
- S FAISAL AHMED (SECTION EDIT)
- BRADLEY ANAWALT (SECTION EDIT)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide medical textbooks online for use by physicians around the world.
What it reported doing in 2025
Online endocrinology textbook (www.endotext.org)serving physicians worldwide and available through nominal subscriber and pdf download fees, edited and peer-reviewed by contributing physician authors around the world.
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 87%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -18.9%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 11.72; rating input score 93; 93rd 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: 21.5% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: -32.2% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 6.1% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 87% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $34K in reported program spending
- Leadership: top reported pay $0 · 34 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- 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.
- High — Sustainability: Operating margin scored 22/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.