Skip to content

Kentucky · Nonprofit

Monticello Medical Associates Inc

Monticello Medical Associates Inc (Kentucky) receives grants from 1 organization whose IRS filings report $18,240 to it, the largest being KY HOSPITAL RESEARCH & EDUCATION FOUNDATION INC ($18,240). 0 of them have funded it in more than one year.

Revenue FY2025
$10M
Funders on record
1
Grants received
$18k
Net assets
$5.5M
0/1 repeat funders
01What it does

What Monticello Medical Associates Inc does

Mission

To maintain the highest standard of medical care while serving the underserved communities of Wayne County, Kentucky. As specialists in primary care, we seek to provide excellent, comprehensive, patient centered healthcare in order to improve and maintain the quality of life of each member of the family.

As stated on its FY2025 Form 990.

Program

  1. Provided health care services for Monticello and Wayne County residents on a sliding fee scale where no patient is turned away for inability to pay.

    $8,855,554 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,855,554.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($2.3M) Expenses 100 ($2.4M) Net assets -49 ($-1169278)2023 Revenue 448 ($10M) Expenses 342 ($8.2M) Net assets 100 ($2.4M)2024 Revenue 420 ($9.5M) Expenses 345 ($8.3M) Net assets 150 ($3.6M)2025 Revenue 460 ($10M) Expenses 389 ($9.3M) Net assets 229 ($5.5M)
2020202320242025
Revenue (460)Expenses (389)Net assets (229)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $8.2M to $9.4M (+14%).

$927k
$7.4M
$8.2M
$9.4M
2020202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 23% · 2023 3% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of Monticello Medical Associates Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

−$142k
’20
$1.9M
’23
$1.2M
’24
$1.1M
’25
6.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Robert Parmelee

CEO

Board chair

Joyce Bell

Chairperson

As listed on its FY2025 Form 990.

2020202320242025
Listed11111012
Joined··+0+4
No longer listed··12
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
funders
1

From the IRS filings of Monticello Medical Associates Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Monticello Medical Associates Inc's grant income comes from Kentucky funders.

KY

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Monticello Medical Associates Inc holds deeper cash reserves than three-quarters of the 2,843 health nonprofits its size.

Operating margin10% · above the median
Months of reserve6.4mo · top quartile
Revenue growth (annualized)36% · top quartile

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Government funding Monticello Medical Associates Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.4M on record.

Federal$1.4M
grants $1.4Mcontracts $0
21
22
23
24
26
Top agencies
  • Department of Health and Human Services$1.4M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Monticello Medical Associates Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Monticello Medical Associates Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Monticello Medical Associates Inc?
Monticello Medical Associates Inc (Kentucky) receives grants from 1 organization whose IRS filings report $18,240 to it, the largest being KY HOSPITAL RESEARCH & EDUCATION FOUNDATION INC ($18,240). 0 of them have funded it in more than one year.
How many funders does Monticello Medical Associates Inc have?
IRS filings report 1 organization giving $18,240 in grants to Monticello Medical Associates Inc.
Who is the largest funder of Monticello Medical Associates Inc?
KY HOSPITAL RESEARCH & EDUCATION FOUNDATION INC is the largest funder on record, with $18,240 in grants. The full list of funders is on this page.
How can an organization like Monticello Medical Associates Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Monticello Medical Associates →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing