Civic Intelligence

Medglobal Inc.

990 • Fiscal year 2017 • EIN 82-2517347

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

Organization ProfileN/A
10604 Southwest Highway Suite 107Chicago Ridge, IL 60415

(708) 935-6723

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

97th percentile

87%

Higher net margin than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Balance Sheet
Liabilities / Assets61st percentile

Assets

$346,478

No earlier filing loaded for comparison.

Net Assets

$344,498

No earlier filing loaded for comparison.

Liabilities

$1,980

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin97th percentile

Revenue

$394,493

No earlier filing loaded for comparison.

Expenses

$49,995

No earlier filing loaded for comparison.

Net Income

$344,498

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Assets 2017: $346,478Liabilities 2017: $1,980Net Assets 2017: $344,4982017Assets 2018: $600,015Liabilities 2018: $16,082Net Assets 2018: $583,9332018Assets 2019: $1,619,990Liabilities 2019: $9,497Net Assets 2019: $1,610,4932019Assets 2020: $1,933,882Liabilities 2020: $133,736Net Assets 2020: $1,800,1462020Assets 2021: $2,766,181Liabilities 2021: $112,417Net Assets 2021: $2,653,7642021Assets 2022: $3,388,918Liabilities 2022: $35,117Net Assets 2022: $3,353,8012022Assets 2023: $5,636,439Liabilities 2023: $1,025,122Net Assets 2023: $4,611,3172023Assets 2024: $15,657,236Liabilities 2024: $1,867,549Net Assets 2024: $13,789,6872024

Highlighted filing

2017

Assets$346,478
Liabilities$1,980
Net Assets$344,498
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40M$30M$20M$10M$0Revenue 2017: $394,493Expenses 2017: $49,995Net Income 2017: $344,4982017Revenue 2018: $2,188,842Expenses 2018: $1,949,407Net Income 2018: $239,4352018Revenue 2019: $5,803,706Expenses 2019: $4,777,146Net Income 2019: $1,026,5602019Revenue 2020: $12,747,225Expenses 2020: $12,557,572Net Income 2020: $189,6532020Revenue 2021: $6,071,453Expenses 2021: $5,217,835Net Income 2021: $853,6182021Revenue 2022: $12,632,992Expenses 2022: $11,932,955Net Income 2022: $700,0372022Revenue 2023: $16,508,033Expenses 2023: $16,033,020Net Income 2023: $475,0132023Revenue 2024: $33,542,803Expenses 2024: $24,364,433Net Income 2024: $9,178,3702024

Highlighted filing

2017

Revenue$394,493
Expenses$49,995
Net Income$344,498
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$394,493
Mission and Program Overview

Mission

MedGlobal is a humanitarian non-governmental organization working to serve vulnerable communities around the world by providing innovative, free, and sustainable healthcare. Our health services support refugees, displaced persons, and other marginalized communities in crisis-affected and low-resource settings. MedGlobal supports local medical providers and humanitarian partners, builds capacity through critical health training, works with local communities on critical public health responses, deploys healthcare volunteers, and donates medical equipment, medications and supplies. These services provide life-saving and life-sustaining care, based on needs-assessments and best practices, to the most vulnerable around the world.

MedGlobal is a charitable and educational organization primarily focused on providing direct health services to people in need, including refugees and displaced persons, in disaster and underserved regions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$346,478-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$0$346,478▲ $346,478
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$1,980-
Total Liabilities$0$1,980▲ $1,980
Net Assets / Fund Balance
Unrestricted Net Assets-$344,498-
Total Net Assets Fund Balance$0$344,498▲ $344,498
Total Liabilities and Net Assets / Fund Balance$0$346,478▲ $346,478
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Mohammed Z Sahloul MDPresident
John Kahler MDSecretary
Nour Akhras MDTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$394,493
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$394,493
Change in Net Assets
$344,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,995
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$10,000--$10,000
Travel$6,089$2,029-$8,118
Advertising$5,198$1,732-$6,930
Fees for Services Accounting-$1,980-$1,980
Other Expenses$797$535-$535
Office Expenses-$188-$188
All Other Expenses$75$25-$100
Total Functional Expenses$40,131$9,864$0$49,995
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
MedGlobal Inc
EIN
82-2517347
Phone
7089356723
Address
10604 Southwest Highway Suite 107, Chicago Ridge, IL 60415

Signing Officer

Name
Nour Akhras
Title
Treasurer
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
C & a Financial
Address
1284 S Vermont Street, Palatine, IL 60067
Preparer
Thabraize Ahmed
Phone
8474859407
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/PreparerPersonGrp/PhoneNum08474859407
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thabraize Ahmed
ReturnHeader/ReturnTs02018-11-14T19:36:17-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$346,478
Liabilities
$1,980
Net assets
$344,498
Revenue
$394,493
Expenses
$49,995
Net income
$344,498
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$1.87$13.8$33.5$24.4$9.18
2023Detailed filing. Detailed filing data is available for this year.$5.64$1.03$4.61$16.5$16.0$0.48
2022Detailed filing. Detailed filing data is available for this year.$3.39$0.04$3.35$12.6$11.9$0.70
2021Detailed filing. Detailed filing data is available for this year.$2.77$0.11$2.65$6.07$5.22$0.85
2020Detailed filing. Detailed filing data is available for this year.$1.93$0.13$1.80$12.7$12.6$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.62$0.01$1.61$5.80$4.78$1.03
2018Detailed filing. Detailed filing data is available for this year.$0.60$0.02$0.58$2.19$1.95$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.34$0.39$0.05$0.34