Med25 International
- Assets
- $380.4k
- Revenue
- $289.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Mercer Island, WA
- Founding
- Data as of
- 12/2016
- EIN
- 20-8044441
Organization Overview
Med25 International is located in Mercer Island, WA. Med25 International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Med25 International generated $289.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $221.2k during the year ending 12/2016. While expenses have increased by 8.1% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
MED25 INTERNATIONAL PROVIDES RURAL AFRICAN COMMUNITIES WITH QUALITY, CULTURALLY APPROPRIATE, AND AFFORDABLE HEALTH CARE SUSTAINED THROUGH LOCAL INCOME GENERATING BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MED25 MBITA CLINIC - WE OPERATE A HEALTHCARE FACILITY IN MBITA, KENYA, PROVIDING QUALITY, CULTURALLY APPROPRIATE, AND AFFORDABLE HEALTHCARE TO THE COMMUNITY. THE CLINIC TREATS OVER 1,800 PATIENTS PER MONTH WITH MORE THAN 70% OF SERVICES FREE OF CHARGE.
MED25 MORTUARY - THE MED25 MBITA MORTUARY PROVIDES QUALITY, CULTURALLY APPROPRIATE, AND AFFORDABLE MORTUARY SERVICES TO THE MBITA COMMUNITY WHILE ALSO GENERATING VITAL REVENUE TO SUPPORT THE SUBSIDIZED HEALTHCARE SERVICES OFFERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mari Anderson Chair | OfficerTrustee | 2 | $0 |
Paula Kett Vice Chair | OfficerTrustee | 1 | $0 |
Anita Jablonski Secretary | OfficerTrustee | 1 | $0 |
David Kregenow Treasurer | OfficerTrustee | 1 | $0 |
Holly Ferraro Director | Trustee | 1 | $0 |
Jon Conte Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $72,937 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,019 |
| Noncash contributions included in lines 1a–1f | $10,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,956 |
| Total Program Service Revenue | $121,731 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,833 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $289,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,744 |
| Compensation of current officers, directors, key employees. | $6,374 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,510 |
| Pension plan accruals and contributions | $3,199 |
| Other employee benefits | $0 |
| Payroll taxes | $4,632 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,626 |
| Fees for services: Accounting | $9,713 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $688 |
| Advertising and promotion | $399 |
| Office expenses | $2,391 |
| Information technology | $5,972 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,883 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $162 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,263 |
| Insurance | $2,846 |
| All other expenses | $271 |
| Total functional expenses | $221,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,915 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,695 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $217,816 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $380,426 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $380,426 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $380,426 |