Civic Intelligence

Medisend College of Biomedical Engineering Technology

990 • Fiscal year 2010 • EIN 75-2332074

Jan 01, 2010 to Dec 31, 2010 • Filed on Sep 08, 2011

9244 Markville Drive75243-4404
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.31x

Higher debt load relative to assets than 65% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$3,968,123

No earlier filing loaded for comparison.

Net Assets

$2,718,885

No earlier filing loaded for comparison.

Liabilities

$1,249,238

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$2,073,418

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $3,968,123Liabilities 2010: $1,249,238Net Assets 2010: $2,718,8852010Assets 2011: $4,197,953Liabilities 2011: $1,198,713Net Assets 2011: $2,999,2402011Assets 2012: $3,347,152Liabilities 2012: $1,103,118Net Assets 2012: $2,244,0342012Assets 2013: $3,636,905Liabilities 2013: $1,596,915Net Assets 2013: $2,039,9902013Assets 2014: $3,489,294Liabilities 2014: $1,694,328Net Assets 2014: $1,794,9662014Assets 2015: $3,040,690Liabilities 2015: $1,655,442Net Assets 2015: $1,385,2482015Assets 2016: $2,953,706Liabilities 2016: $1,666,915Net Assets 2016: $1,286,7912016Assets 2017: $3,258,826Liabilities 2017: $1,902,648Net Assets 2017: $1,356,1782017Assets 2018: $2,984,488Liabilities 2018: $2,118,340Net Assets 2018: $866,1482018Assets 2019: $3,633,274Liabilities 2019: $2,868,285Net Assets 2019: $764,9892019Assets 2020: $3,734,480Liabilities 2020: $3,003,379Net Assets 2020: $731,1012020Assets 2021: $3,933,856Liabilities 2021: $2,866,138Net Assets 2021: $1,067,7182021Assets 2022: $3,870,793Liabilities 2022: $3,053,705Net Assets 2022: $817,0882022Assets 2023: $3,943,979Liabilities 2023: $2,889,386Net Assets 2023: $1,054,5932023Assets 2024: $4,504,664Liabilities 2024: $3,106,123Net Assets 2024: $1,398,5412024

Highlighted filing

2010

Assets$3,968,123
Liabilities$1,249,238
Net Assets$2,718,885

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,073,4182010Expenses 2011: $2,233,0312011Expenses 2012: $2,092,6632012Revenue 2013: $1,257,496Expenses 2013: $1,463,249Net Income 2013: -$205,7532013Revenue 2014: $1,231,560Expenses 2014: $1,476,644Net Income 2014: -$245,0842014Revenue 2015: $842,560Expenses 2015: $1,252,195Net Income 2015: -$409,6352015Revenue 2016: $1,375,201Expenses 2016: $1,473,879Net Income 2016: -$98,6782016Revenue 2017: $1,132,823Expenses 2017: $1,063,436Net Income 2017: $69,3872017Revenue 2018: $790,269Expenses 2018: $1,280,298Net Income 2018: -$490,0292018Revenue 2019: $1,089,289Expenses 2019: $1,190,450Net Income 2019: -$101,1612019Revenue 2020: $1,301,177Expenses 2020: $1,335,062Net Income 2020: -$33,8852020Revenue 2021: $1,842,002Expenses 2021: $1,505,385Net Income 2021: $336,6172021Revenue 2022: $1,244,425Expenses 2022: $1,495,057Net Income 2022: -$250,6322022Revenue 2023: $1,830,086Expenses 2023: $1,592,581Net Income 2023: $237,5052023Revenue 2024: $2,185,199Expenses 2024: $1,841,251Net Income 2024: $343,9482024

Highlighted filing

2010

Revenue-
Expenses$2,073,418
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Sep 8, 2011
Return Version
2010v3.4
Gross Receipts
$1,957,426
Mission and Program Overview

Mission

Medisend international is a 501(c)(3) nonprofit, humanitarian organization that supports under resourced healthcare systems in developing countries. Medisend's mission includes education, training, technical support and management technologies in biomedical equipment repair, as well as the distribution of life-saving medical supplies and biomedical equipment. The key to medisend's success lies in its long-term approach to sustainability, capacity building, and transformational impact on the healthcare system and the communities they serve.

Major Activities

Activity 2
Biomedical repair program: medisend has opened a state-of-the art biomedical repair laboratory in its dallas headquarters. The large, well-equipped laboratory, funded by the exxonmobil foundation, has the capacity to repair and refurbish all biomedical equipment that medisend ships to developing countries worldwide, and also serves as a training facility where students from developing countries obtain first-hand professional education and experience working with complicated biomedical equipment.
Activity 3
Product distribution program: in a developing country, one medisend shipment can provide health and healing to an entire community. One 40' container of medical supplies and equipment can sustain hundreds even thousands of lives. From the youngest babies to the most elderly grandparents, these containers give everyone in the community a fighting chance against disease, illness and injury. That's why we call these shipments "containers of hope".
Filing and Contact Details

Filer

EIN
75-2332074
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IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg165000
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0THE EMPLOYMENT AGREEMENT FOR NICK HALLACK STATES THAT EACH YEAR HE SHALL RECEIVE INCENTIVE COMPENSATION BASED ON THE LESSER OF $150,000 OR 5% OF CASH BASIS REVENUES RECEIVED FOR THE PAST FISCAL YEAR PLUS CASH SAVINGS RESULTING FROM IN-KIND GIFTS RECEIVED ON BUDGET EXPENSES FOR THE PAST FISCAL YEAR, MINUS $1,500,000.
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART I, LINE 5
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0CLETE D MADDEN
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1NICHOLAS HALLACK
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson2COSTEL RIZESCU
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg124818
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0250504
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990ScheduleJ/IndependentConsultant0X
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleJ/WrittenEmploymentContract0X
IRS990ScheduleO/GeneralExplanation/Explanation0THE TREASURER REVIEWS THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation1CONFLICTS OF INTEREST ARE RAISED AT BOARD MEETINGS AND ARE HANDLED BY THE BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation2THE ORGANIZATION USES A CONSULTING FIRM TO REVIEW COMPENSATION.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/GeneralExplanation/Explanation4NET UNREALIZED GAINS ON INVESTMENTS: 15,962.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATIONS PROCESS FOR AUDIT OVERSIGHT AND REVIEW OF AUDITED FINANCIAL STATEMENTS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/Identifier1CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XI, LINE 2C:
IRS990/ScheduleORequired01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$3.11$1.40$2.19$1.84$0.34
2023Detailed filing. Detailed filing data is available for this year.$3.94$2.89$1.05$1.83$1.59$0.24
2022Detailed filing. Detailed filing data is available for this year.$3.87$3.05$0.82$1.24$1.50$0.25
2021Detailed filing. Detailed filing data is available for this year.$3.93$2.87$1.07$1.84$1.51$0.34
2020Detailed filing. Detailed filing data is available for this year.$3.73$3.00$0.73$1.30$1.34$0.03
2019Summary only. Only limited summary data is available for this year.$3.63$2.87$0.76$1.09$1.19$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.98$2.12$0.87$0.79$1.28$0.49
2017Detailed filing. Detailed filing data is available for this year.$3.26$1.90$1.36$1.13$1.06$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.95$1.67$1.29$1.38$1.47$0.10
2015Detailed filing. Detailed filing data is available for this year.$3.04$1.66$1.39$0.84$1.25$0.41
2014Detailed filing. Detailed filing data is available for this year.$3.49$1.69$1.79$1.23$1.48$0.25
2013Detailed filing. Detailed filing data is available for this year.$3.64$1.60$2.04$1.26$1.46$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$1.10$2.24$2.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$1.20$3.00$2.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$1.25$2.72$2.07