Medical Air Inc
Nonprofit profile at a glance
- EIN
- 311603672
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Raleigh, NC, USA
- Phone
- 9199662461
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Health Program (Includes General Health and Wellness Promotion Services)
Reported finances
- Revenue
- $596,207
- Expenses
- $1,101,736
- Assets
- $7,137,765
- Liabilities
- $2,790,676
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- HUGH TILSON JR JD MPH (PRESIDENT)
- CAM ENARSON MD MBA (VICE PRESIDENT/TREASURER)
Highest reported compensation
- NATHAN KNUFFMAN (BOARD MEMBER): $568,710 total reported compensation
- JENNIFER HAYGOOD (BOARD MEMBER): $440,135 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a rapid, safe, and efficient transportation system to deploy health sciences faculty and health care leaders throughout North Carolina to provide medical care to underserved communities, educational programs to remote cities, and general support for the mission of the North Carolina area health education centers (ahec) program.
What it reported doing in 2024
Medical air leased the planes to unc air operations throughout fy24. The passengers provided educational programs and other services designed to improve access to quality health care for all north carolinians, as well as supporting the state and university system. Medical air also charges uncch a surcharge, which is used towards plane upkeep and savings to purchase new planes. Q1 was marked by grounded flight operations for the the organization. A review of the business aviation activities enabled the organization to move forward with normal operations in q2.
Operating model
- Revenue model
- Earned-program. 73% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 98% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 73
- Accountability: 87
- Sustainability: 30
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.3%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 77.8%; rating input score 78; 17th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -84.8%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 6.48; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 20.8%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: -2.4% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.3% of spending went to programs
- Governance: 7 of 9 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $973K in reported program spending
- Leadership: top reported pay $569K · 9 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $164K reported
- Consistency: 22 of 22 current checks pass
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.