Medical Financial Services Inc

Memphis, TN
Tax-exempt since July 1982
EIN: 62-1112364

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Community Health Systems (NTEE)

Donations to this organization are tax deductible.

Revenue

$586k (2023)

Expenses

$440k (2023)

Total Assets

$5.99M (2023)

Total Liabilities

$338k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Revenue

$585,810

Expenses

$439,785

Net Income

$146,025

Net Assets

$5,648,376

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$585,810	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$5,986,177
Total Liabilities	$337,801
Net Assets	$5,648,376

Compensation

Key Employees and Officers	Compensation	Related	Other
Claude Vinson (Former Executive Director)	$95,131	$35,365	$36,437
Jason M Little (President/Director)	$0	$2,357,357	$99,285
Paul D Depriest Md (Vice President/Director (Thru 08/23))	$0	$1,407,602	$87,814
William A Griffin (Secretary/Director)	$0	$1,190,725	$67,371
Gregory M Duckett (Director)	$0	$1,120,752	$82,097
Gary C Anderson (Vice President/Dir. (As Of 09/23))	$0	$1,062,887	$83,871

+ View more people

990

Filed on Aug. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2022

Revenue

$1,425,739

Expenses

$1,694,414

Net Income

-$268,675

Net Assets

$5,502,351

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,425,739	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$129,943	7.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$687,979	40.6%

Assets/Debt
Total Assets	$6,087,395
Total Liabilities	$585,044
Net Assets	$5,502,351

Compensation

Key Employees and Officers	Compensation	Related	Other
Claude Vinson (Executive Director (Thru 09/22))	$122,277	$0	$41,523
Jason M Little (President/Director)	$0	$3,403,662	$97,789
Paul D Depriest Md (Vice President/Director)	$0	$2,006,787	$84,638
Gregory M Duckett (Director)	$0	$1,562,524	$80,090
William A Griffin (Secretary/Director)	$0	$1,517,815	$64,834

+ View more people

990

Filed on Aug. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2021

Revenue

$1,816,680

Expenses

$2,138,508

Net Income

-$321,828

Net Assets

$5,771,026

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,816,680	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$154,826	7.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$976,714	45.7%

Assets/Debt
Total Assets	$6,784,441
Total Liabilities	$1,013,415
Net Assets	$5,771,026

Compensation

Key Employees and Officers	Compensation	Related	Other
Claude Vinson (Executive Director)	$135,713	$0	$30,989
Jason M Little (President/Director)	$0	$2,822,983	$93,945
Paul D Depriest Md (Vice President/Director)	$0	$1,820,358	$85,705
Gregory M Duckett (Director)	$0	$1,370,691	$78,242
William A Griffin (Secretary/Director)	$0	$1,282,673	$63,926

+ View more people

990

Filed on Aug. 11, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2020

Revenue

$3,656,622

Expenses

$3,047,132

Net Income

$609,490

Net Assets

$6,092,854

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,656,622	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$159,282	5.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,368,037	44.9%

Assets/Debt
Total Assets	$7,231,806
Total Liabilities	$1,138,952
Net Assets	$6,092,854

Compensation

Key Employees and Officers	Compensation	Related	Other
Claude Vinson (Executive Director)	$126,654	$0	$26,555
Jason M Little (President/Director)	$0	$1,820,911	$76,548
Paul D Depriest Md (Vice President/Director)	$0	$1,265,263	$66,047
William A Griffin (Secretary/Director)	$0	$834,254	$62,248
Gregory M Duckett (Director)	$0	$728,739	$69,972

+ View more people

990

Filed on Aug. 13, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2019

Revenue

$5,003,458

Expenses

$3,036,275

Net Income

$1,967,183

Net Assets

$5,483,364

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,003,458	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$153,395	5.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,272,311	41.9%

Assets/Debt
Total Assets	$6,130,701
Total Liabilities	$647,337
Net Assets	$5,483,364

Compensation

Key Employees and Officers	Compensation	Related	Other
Claude Vinson (Executive Director)	$132,653	$0	$19,994
Gregory M Duckett (Director)	$0	$576,210	$74,991
Jason M Little (President/Director)	$0	$1,248,199	$73,929
Paul D Depriest Md (Vice President/Director)	$0	$955,671	$64,212
William A Griffin (Director/Secretary)	$0	$635,654	$66,237

+ View more people

990

Filed on Aug. 14, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2018

Revenue

$5,493,861

Expenses

$3,056,648

Net Income

$2,437,213

Net Assets

$3,516,181

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,493,861	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$156,115	5.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,097,435	35.9%

Assets/Debt
Total Assets	$4,271,270
Total Liabilities	$755,089
Net Assets	$3,516,181

Compensation

Key Employees and Officers	Compensation	Related	Other
Claude Vinson (Executive Director)	$128,199	$0	$27,005
Gregory M Duckett (Director)	$0	$643,651	$72,500
Jason M Little (President/Director)	$0	$1,382,153	$58,832
Paul D Depriest Md (Vice President/Director)	$0	$972,083	$58,146
William A Griffin (Director/Secretary)	$0	$657,593	$67,261

+ View more people

990

Filed on Aug. 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2017

Revenue

$4,346,416

Expenses

$2,762,821

Net Income

$1,583,595

Net Assets

$1,078,858

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,346,416	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$154,329	5.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,090,397	39.5%

Assets/Debt
Total Assets	$1,704,645
Total Liabilities	$625,787
Net Assets	$1,078,858

Compensation

Key Employees and Officers	Compensation	Related	Other
Claude Vinson (Executive Director)	$127,413	$0	$23,590
Paul D Depriest Md (Vice President/Director)	$0	$997,354	$57,787
Jason M Little (President/Dir.)	$0	$1,470,615	$58,636
Gregory M Duckett (Secretary/Director)	$0	$707,234	$63,288
William A Griffin (Director & Secretary)	$0	$633,939	$56,603

+ View more people

990

Filed on Aug. 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2016

Revenue

$3,901,093

Expenses

$2,711,682

Net Income

$1,189,411

Net Assets

-$504,737

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,801,740	97.5%
Investment Income	$26,248	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$73,105	1.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$155,175	5.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$967,383	35.7%

Assets/Debt
Total Assets	$106,410
Total Liabilities	$611,147
Net Assets	-$504,737

Compensation

Key Employees and Officers	Compensation	Related	Other
Paul D Depriest Md (Vice President/Director)	$0	$899,879	$55,805
Jason M Little (President/Dir.)	$0	$1,245,920	$55,034
Gregory M Duckett (Secretary/Director)	$0	$635,401	$59,461
Donald R Pounds (Director (Thru 12/31/15))	$0	$1,108,342	$79,644
William A Griffin (Director (As Of 1/1/16))	$0	$435,857	$54,076
Claude Vinson (Executive Director)	$0	$122,207	$23,851

+ View more people

990

Filed on Aug. 11, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2015

Revenue

$3,808,929

Expenses

$2,551,281

Net Income

$1,257,648

Net Assets

-$294,149

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,709,228	97.4%
Investment Income	$31,764	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$67,937	1.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$144,732	5.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$937,415	36.7%

Assets/Debt
Total Assets	$297,975
Total Liabilities	$592,124
Net Assets	-$294,149

Compensation

Key Employees and Officers	Compensation	Related	Other
Paul D Depriest Md (Vice President/Director)	$0	$872,409	$54,444
Jason M Little (President/Dir.)	$0	$1,012,007	$54,865
Gregory M Duckett (Secretary/Director)	$0	$750,243	$58,842
Donald R Pounds (Vice President/Director)	$0	$1,325,861	$60,464
Claude Vinson (Executive Director)	$0	$116,694	$24,554

+ View more people

990

Filed on Aug. 9, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2014

Revenue

$3,500,759

Expenses

$2,677,723

Net Income

$823,036

Net Assets

$1,448,203

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,500,534	100.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$225	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$140,724	5.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,044,165	39.0%

Assets/Debt
Total Assets	$1,938,741
Total Liabilities	$490,538
Net Assets	$1,448,203

Compensation

Key Employees and Officers	Compensation	Related	Other
Claude Vinson (Executive Director)	$113,993	$0	$25,400
Paul D Depriest Md (Vice President/Director)	$0	$526,494	$50,292
Jason M Little (President/Dir. (6/1/14 9/30/14))	$0	$881,834	$83,275
Stephen C Reynolds (President/Dir. (10/01/13 05/31/14))	$0	$1,898,392	$88,125
Donald R Pounds (Vice President/Director)	$0	$1,015,326	$56,774
Gregory M Duckett (Secretary)	$0	$582,127	$65,914

+ View more people

990

Filed on Aug. 5, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2013

Revenue

$3,623,347

Expenses

$2,784,960

Net Income

$838,387

Net Assets

$625,167

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,623,347	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$139,026	5.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,021,485	36.7%

Assets/Debt
Total Assets	$1,099,817
Total Liabilities	$474,650
Net Assets	$625,167

990

Filed on Sept. 16, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2012

Revenue

$3,166,773

Expenses

$2,406,741

Net Income

$760,032

Net Assets

-$213,220

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,166,773	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$125,377	5.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$940,922	39.1%

Assets/Debt
Total Assets	$215,531
Total Liabilities	$428,751
Net Assets	-$213,220

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$2,869,232

Expenses

$2,342,984

Net Income

$526,248

Net Assets

-$173,250

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,869,232	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$118,239	5.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$910,380	38.9%

Assets/Debt
Total Assets	$324,149
Total Liabilities	$497,399
Net Assets	-$173,250

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Medical Financial Services Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $586k (2023)

Expenses $440k (2023)

Total Assets $5.99M (2023)

Total Liabilities $338k (2023)

Tax Filings by Year

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2011

Revenue

$586k (2023)

Expenses

$440k (2023)

Total Assets

$5.99M (2023)

Total Liabilities

$338k (2023)

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004

Fiscal Year Ending Sept.
2003

Fiscal Year Ending Sept.
2002

Fiscal Year Ending Sept.
2001