Public Benefit : Fundraising Organizations

Project MedSend

Repaying educational loans for healthcare workers as they minister among the underserved

Rating

Overall Rating    
      (59.09)
Organizational Efficiency      
Program Expenses 71.5%    
Administrative Expenses 23.0%    
Fundraising Expenses 5.3%    
Fundraising Efficiency $0.07    
Efficiency Rating    
      (29.65)
Organizational Capacity      
Primary Revenue Growth 7.1%    
Program Expenses Growth 9.4%    
Working Capital Ratio (years) 2.42    
Capacity Rating    
      (29.44)

Income Statement     (FYE 06/2008)

Revenue  
Primary Revenue $1,110,691
Other Revenue $-114,954
Total Revenue $995,737
   
Expenses  
Program Expenses $1,099,061
Administrative Expenses $355,010
Fundraising Expenses $82,858
Total Functional Expenses $1,536,929
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-541,192
   
Net Assets $3,727,065

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Project MedSend
P.O. Box 1098
Orange, CT 06477
tel: (203) 891-8223
fax: (203) 891-0569
EIN: 75-2470543

Contact Email
Visit Web Site

Leadership      (FYE 06/2008)

Name Title Compensation % of Expenses
Daryl Erickson President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $53,333 3.47%
Other Salaries of Note
David Topazian Former President, Founder (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) $55,891 3.63%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

Project MedSend offers student loan repayment grants to healthcare professionals who are headed for career medical missions service under the authority of a recognized missions sending agency -- a MedSend Associate. We also develop funding to repay educational loans for healthcare workers as they minister among the underserved at home and abroad. Project MedSend offers financial counsel to help keep educational borrowing to a minimum. Project MedSend was formed at the request of the missionary members of the House of Delegates of Christian Medical & Dental Associations. Many were having difficulty recruiting replacements and coworkers because of the high cost of health care education.

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Project MedSend - CT 59.09
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