MTI-Financials-Annual-Report

For the fiscal year 2013, we received over $105 million in contributions and grants. This allowed us to help save or improve the lives of more than 2.7 million people in 41 countries around the world.

Organizationally, we are leaner and more efficient than our peers, due in part to the substantial participation of volunteer medical and dental professionals and work teams. Our proven processes and good stewardship of financial resources help us do more with less.

Our funding comes from a broad base of generous individuals and foundations, so we are not heavily dependent on government grants. This allows us to continue our work without interruptions that can occur from funding cycles or government budget changes.

Medical Teams International is a 501(c)(3) charitable organization. Our federal tax id number is 93-0878944. We are a non-denominational, faith-based, non-governmental agency.

Financial Statements

2013: Annual report [PDF] Financial statements [PDF] Form 990 [PDF]
2012: Annual report [PDF] Financial statements [PDF] Form 990 [PDF]
2011: Annual report [PDF] Financial statements [PDF] Form 990 [PDF]
2010 Annual report [PDF] Financial statements [PDF] Form 990 [PDF]
2009 Annual report [PDF] Financial statements [PDF] Form 990 [PDF]
2008 Annual report [PDF] Financial statements [PDF] Form 990 [PDF]
2007 Annual report [PDF] Financial statements [PDF] Form 990 [PDF]

How we measure efficiency

Overhead (or efficiency) is defined as the percentage of total expense that is used for general, administrative, and fundraising costs and is calculated as follows:

General, Administrative & Fundraising Expenses / Total Expense

What is MTI’s overhead rate? It varies each year, and for FY 2013 our rates were:

  • 3.9%, which includes the value of donated time, medicines and other supplies (“in kind” gifts or GIK) in Total Expense calculation
  • 21.7% using cash expenses only in Total Expense calculation

While including GIK in Total Expense figures is common industry practice, we believe it is important to clearly show the impact and to show both ratios.

A large percentage of our total expenditures come from donated supplies and materials used in our programs, but the valuations we use are estimates only and can distort the calculation of efficiency. The resulting overhead percentage can be misleading and cause donors to believe that, for example, 96 cents of every dollar goes directly to programs versus other expenses.

A Charity You Can Trust

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