Northwest Medical Teaching & Research Foundation
Nonprofit profile at a glance
- EIN
- 911148454
- IRS 990-EZ coverage
- 2013–2019
- Forms available
- Form 990-EZ 2019
- Location
- Redmond, WA, USA
- Phone
- 4258821674
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Health
Reported finances
- Revenue
- $44,597
- Expenses
- $19,002
- Assets
- $106,236
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- WIL B NELP MD (PRESIDENT)
People named in this filing
- WIL B NELP MD (PRESIDENT)
- CHARLES H CHESNUT III MD (SECRETARY/TREASURER)
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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote and support medical teaching and research.
What it reported doing in 2019
To promote and support medical teaching and research in the broad field of healthcare and medical diagnosis with special interest in nuclear medicine and the radiological sciences; and to support teaching and research in the general area of nuclear medicine and radiological sciences.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 50% for direct work, and 50% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 85
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.8%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 57.4%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 5.59; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 38.7% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: -6.3% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $19K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2013 to 2019
- 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 — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.