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Rhode Island · Nonprofit

NURSES MC INC

NURSES MC INC (Rhode Island) receives grants from 6 organizations whose IRS filings report $6,685,000 to it, the largest being THE BLOOMBERG FAMILY FOUNDATION INC ($5,675,000). 3 of them have funded it in more than one year.

Revenue FY2025
$1.9M
Funders on record
6
Grants received
$6.7M
Net assets
$2.0M
3/6 repeat funderspeak grant-dependency 91%
01What it does

What Nurses Mc Inc does

Mission

The mission of Nurses MC (the Organization), a non-profit Organization currently located in Providence, RI, is to dramatically improve health outcomes across the United States by launching,

As stated on its FY2025 Form 990.

Program

  1. Launching, supporting, and managing outstanding nursing high schools

    $4,630,480 spent$1,930,868 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,630,480.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($485k) Expenses 100 ($22k) Net assets 100 ($463k)2022 Revenue 116 ($563k) Expenses 2006 ($443k) Net assets 126 ($582k)2023 Revenue 150 ($727k) Expenses 3306 ($731k) Net assets 125 ($579k)2024 Revenue 1692 ($8.2M) Expenses 13248 ($2.9M) Net assets 1265 ($5.9M)2025 Revenue 398 ($1.9M) Expenses 26080 ($5.8M) Net assets 437 ($2.0M)
20212022202320242025
Revenue (398)Expenses (26080)Net assets (437)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 2023 to 2024, from $933k to $6.1M (+552%).

$483k
$904k
$933k
$6.1M
$2.1M
20212022202320242025
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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 100%. Grants only. Government contracts and fees sit inside program revenue.

12% of NURSES MC INC’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$463k
’21
$119k
’22
−$3k
’23
$5.3M
’24
−$3.8M
’25
3.7
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

Pamela Mccue

CEO

Board chair

Angela Patterson Ms

Chair

As listed on its FY2025 Form 990.

20212022202320242025
Listed14455
Joined··+0+1+1
No longer listed··001
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $20k → $170k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NURSES MC 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.

How concentrated its funding is

NURSES MC INC leans on a few funders — its largest provides 85% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

85%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2021 100% · 2022 100% · 2023 88% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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

NURSES MC INC draws 100% of its grant income from funders outside Rhode Island, across 3 states in all.

NY
OR
CO

In-state vs out-of-state, by year

’19
’21
’22
’23
Rhode Island out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

NURSES MC INC has grown faster than three-quarters of the 9,398 education nonprofits its size.

Operating margin−198% · bottom quartile
Months of reserve3.7mo · below the median
Revenue growth (annualized)41% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like NURSES MC 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 Rhode Island

Nationally

05Profile & governance

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

Where the money goes

80% of spending goes to programs.

Program 80%Management 20%Fundraising 0%

Governance

4
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 NURSES MC 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.

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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 NURSES MC INC?
NURSES MC INC (Rhode Island) receives grants from 6 organizations whose IRS filings report $6,685,000 to it, the largest being THE BLOOMBERG FAMILY FOUNDATION INC ($5,675,000). 3 of them have funded it in more than one year.
How many funders does NURSES MC INC have?
IRS filings report 6 organizations giving $6,685,000 in grants to NURSES MC INC, 3 of which have funded it in more than one year.
Who is the largest funder of NURSES MC INC?
THE BLOOMBERG FAMILY FOUNDATION INC is the largest funder on record, with $5,675,000 in grants. The full list of funders is on this page.
How can an organization like NURSES MC INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. 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 Nurses Mc →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 6 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