CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.
|According to the Medical Teams International (MTI) tax filing for fiscal year ended September 30, 2016, MTI received donated in-kind goods valued at $90,320,895 in fiscal 2016, with donated drugs & medical supplies representing 92% of the total value (IRS Form 990, Schedule M).|
According to the MTI audit of September 30, 2016 (Note 11, Gifts In-kind), "...gifts in-kind distributed directly by MTI amounted to $1,436,568..." in fiscal 2016, and the "...remaining $94,796,049...was distributed to, and in partnership with, other agencies and was delivered to MTI before being distributed."
Also according to audit Note 11, MTI received donated services valued at $2,022,630 in fiscal 2016.
[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found by clicking on "About CharityWatch" from the navigation bar and then clicking on "Criteria & Methodology".]
|According to the Medical Teams International (MTI) audit of September 30, 2016 (Note 14, Concentration of Geographic Risk):|
"The majority of MTI's donors are located in the Pacific Northwest region of the United States. MTI's revenue is potentially subject to risks associated with fluctuations in the economy of this area of the United States."