Medlend Org is located in San Mateo, CA. The organization was established in 2000. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medlend Org is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Medlend Org generated $168.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $89.5k during the year ending 06/2022. While expenses have increased by 7.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN MARCH 2022, THE FOUNDATION CONDUCTED A MEDICAL MISSION IN UGANDA, IN WHICH DOCTORS, NURSES, ADMINISTRATIVE STAFF, AND STUDENTS DONATE THEIR TIME TO PERFORM MEDICAL SERVICES AND TRAINING TO LOCAL MEDICAL STAFF. A TOTAL OF 10 PARTICIPATED IN THE MEDICAL MISSION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry H Hamilton Trustee/ceo | 20 | $0 | |
Dr M Tom Margolis Med Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $168,184 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | $168,185 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $9,450 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,779 |
| Depreciation | $437 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69,814 |
| Total operating and administrative expenses | $89,538 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $89,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,908 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $2,291 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $36,344 |
| Other assets | $0 |
| Total assets | $223,543 |
| Accounts payable and accrued expenses | $295 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $4,767 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,062 |