Overview
What is Project Medsend?
Project Medsend is a nonprofit organization situated in Fort Mill, South Carolina. Their primary objective is to assist Christian healthcare professionals in repaying their educational loans, as they dedicate their skills to serving both domestically and internationally. By partnering with various Christian ministries, Project Medsend aims to support these qualified healthcare professionals in addressing both the physical and spiritual needs of individuals worldwide. With a team of 18 employees, Project Medsend is committed to funding these individuals, thereby expanding access to essential medical care in diverse regions.
Official website here: www.medsend.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% - Four-Star out of Four Stars
Project Medsend has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. The organization excels in all aspects assessed, particularly in having an entirely independent board, which enhances its governance integrity. All financial oversight measures are robust, including a thorough audit process, further reinforcing transparency in its operations.
The organization demonstrates strong financial health, with a program expense ratio of 68.81%, meaning the majority of its funds are directed towards its mission. Additionally, it maintains a low liabilities-to-assets ratio of 4.38%, which showcases its sound financial practices. The fundraising efficiency is also commendable, with a cost of $0.23 to raise a dollar, reflecting effective fundraising strategies.
While Project Medsend has shown exemplary performance in its financial metrics, ongoing transparency and adherence to oversight best practices will be crucial in maintaining this positive trajectory. Overall, the organization’s strong ratings and absence of material issues underscore its commitment to responsible stewardship of donor funds.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Project Medsend?
Currently, Project Medsend has not yet received an official rating on Facebook, featuring just a handful of reviews. The limited feedback primarily consists of inquiries from users looking for information about midwifery mission trips rather than evaluations of the organization itself. One reviewer sought recommendations but did not express a specific opinion about Project Medsend’s services.
Given this context, it's challenging to derive a strong sentiment about the nonprofit, as the interactions mainly reflect the need for assistance rather than user experiences with Project Medsend. As such, it would be beneficial for the organization to encourage past participants to share their experiences, which could provide a clearer perspective on the services and mission offered.
Overall, the current reviews suggest a curiosity about the nonprofit's offerings, yet they lack substantial insights regarding satisfaction or effectiveness, highlighting an opportunity for Project Medsend to engage more actively with its audience.
This AI summary has been generated from reviews found on Facebook.
Is Project Medsend legitimate?
Project Medsend is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Medsend submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $152,162
Professional Fundraising Fees: $66,398
Other Salaries and Wages: $904,682
For more financial information, click here
Official website here: www.medsend.org
What is the mission statement of Project Medsend?
Project Medsend's mission, carried out in collaboration with Christian ministries, is to financially support qualified healthcare professionals as they attend to both the physical and spiritual needs of individuals worldwide. Their primary activity involves offering educational loan repayment grants to these professionals, enabling them to serve in various locations, both domestically and internationally. In essence, MedSend's mission is to facilitate the deployment of healthcare professionals to underserved communities, thereby addressing both their medical and spiritual needs.
Official website here: www.medsend.org
Who is the CEO of Project Medsend?
Richard C Allen is the CEO of Project Medsend The CEO's salary of Project Medsend is $137,020 and their total compensation is $151,554.
Official website here: www.medsend.org
What is the revenue of Project Medsend?
Project Medsend's revenue in 2024 was $3,447,725.
Official website here: www.medsend.org
Who are the executives of Project Medsend and what are their salaries?
The average compensation at Project Medsend during 2024 was $50,326. There are 21 employees and 16 volunteers at Project Medsend.
Here are 17 key members and their salaries (Project Medsend's CEO's salary is $137,020 and their total compensation is $151,554):
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- Compensation: $137,020
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- Compensation: $105,647
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- Compensation: $104,192
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- Other: $34,714
Official website here: www.medsend.org
Where can I find the form 990 for Project Medsend?
Project Medsend's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.medsend.org
Learn more at the official website: www.medsend.org
Mission Statement of Project Medsend
Project Medsend is a nonprofit organization with a mission to strategically fund qualified Christian healthcare professionals. Their objective is to help these professionals repay their educational loans as they serve the physical and spiritual needs of people worldwide, both domestically in the United States and internationally. Through partnerships with key Christian ministries, Project Medsend aims to support these healthcare professionals in their service, contributing to the betterment of global communities.
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Impact
July, 2024
Project Medsend's impact is significant as it provides educational loan repayment grants to Christian healthcare professionals. By alleviating the financial burden of educational loans, Project Medsend enables these professionals to focus on serving the physical and spiritual needs of people around the world. Through its strategic funding, Project Medsend plays a vital role in supporting healthcare workers in their mission to provide essential care both in the USA and abroad.
This information is meant to be a general summary of Project Medsend. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $83,791
- Program Service Revenue: $20,768
- Gross Receipts: $3,982,186
Assets and Liabilities:
- Total Assets: $3,765,912
- Total Liabilities: $67,645
- Net Assets: $3,698,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Registration Fees
Revenue
$4,800
Longevity Project Revenue
Revenue
$15,968
Organization Details
Founding Year
1992
Principal Officer
Richard C Allen
Website
www.medsend.orgNTEE Category
Code: B82 - Education
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