Montage Medical Group
Only null% goes to programs Thin reserves
Montage Medical Group is a 501(c)(3) organization based in Monterey, California, registered in 2010, with $51,506,430 in FY2024 revenue. CharityIndex grades it D.
100 Wilson Rd Ste 100, Monterey, CA, 93940 EIN 26-4826604 Since 2010
Revenue (FY2024)
$51.5M
▲ 26.8% vs prior year
Health median: $840K
Expenses (FY2024)
$84.0M
Net assets
-$144.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Montage Medical Group— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -63% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Montage Medical Group: 0 mo reserves · -63% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Montage Medical Group— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Montage Medical Group: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 100 Wilson Rd Ste 100, Monterey, CA, 93940
- City
- Monterey
- State
- California
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Website
- …
Financial trends
Revenue grew from $4.8M (FY2013) to $51.5M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $150.4MNet assets -$144.0M
Operating margin
-63.1%
Spent more than it raised in the latest fiscal year.
Total assets
$6.4M
Total liabilities
$150.4M
Net assets
-$144.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,506,430▲26.8% | $84,007,371▲9.0% | -$143,966,328▼29.2% | $6,388,262▲18.2% | 990 |
| 2023 | $40,609,226▲12.8% | $77,069,869▲26.0% | -$111,465,387▼48.6% | $5,406,018▲10.7% | 990 |
| 2022 | $35,998,443▼34.4% | $61,175,742▲4.7% | -$75,004,744▼50.5% | $4,884,874▼21.8% | 990 |
| 2021 | $54,870,218▲4.1% | $58,412,705▲21.3% | -$49,827,445▼7.7% | $6,246,074▼1.3% | 990 |
| 2020 | $52,709,173▲75.1% | $48,165,480▲6.3% | -$46,284,958▲8.9% | $6,330,652▼18.9% | 990 |
| 2019 | $30,108,419▲69.9% | $45,290,303▲60.4% | -$50,828,651▼50.9% | $7,809,381▲36.1% | 990 |
| 2018 | $17,718,888▲6.9% | $28,241,996▲12.6% | -$33,686,767▼45.4% | $5,737,218▲37.2% | 990 |
| 2017 | $16,576,485▲27.7% | $25,080,555▲57.6% | -$23,163,659▼237% | $4,180,126▲40.0% | 990 |
| 2015 | $12,984,952▲57.1% | $15,918,789▲38.1% | -$6,871,903▼74.5% | $2,985,603▲38.5% | 990 |
| 2014 | $8,266,725▲73.9% | $11,523,486▲103% | -$3,938,066▼478% | $2,154,968▲70.1% | 990 |
| 2013 | $4,754,854 | $5,666,499▲38.9% | -$681,305▼396% | $1,266,991▲25.6% | 990 |
| 2012 | — | $4,078,243▲24.2% | $230,340▼75.6% | $1,008,589▼10.2% | 990 |
| 2011 | — | $3,282,748▲23.6% | $944,677▲33.1% | $1,122,704▲24.4% | 990 |
| 2010 | — | $2,655,713 | $709,548 | $902,779 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $54.2M total
13 grants to Montage Medical Group totaling $54.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Montage Health Foundation | Physician recruitment and training | 2024 | $2,013,000 |
| Montage Health Foundation | Physician recruitment and training, outpatient immunology services | 2023 | $2,105,728 |
| Donor Advised Charitable Giving | Health | 2023 | $10,000 |
| Montage Health Foundation | Physician recruitment and training, outpatient immunology services, ultrasound equipment | 2022 | $3,298,140 |
| Montage Health | General operations | 2021 | $16,030,000 |
| Montage Health Foundation | Physician recruitment and training, outpatient immunology services | 2021 | $2,451,600 |
| Montage Health | General support | 2020 | $20,910,000 |
| Montage Health Foundation | Physician compensation preservation related to covid-19 | 2020 | $572,080 |
| Montage Health Foundation | Physician recruitment, opis, anniversary event | 2019 | $1,624,000 |
| Montage Health Foundation | Physician recruitment-medical practice start-up costs | 2018 | $1,500,000 |
| Montage Health Foundation | Physician recruitment-medical practice start-up costs | 2017 | $1,500,000 |
| Montage Health | General operations | 2015 | $1,500,000 |
| Montage Health | General operations | 2014 | $665,996 |
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Frequently asked questions
- Is Montage Medical Group a legitimate nonprofit?
- Yes. Montage Medical Group is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-4826604, based in Monterey, California. Donations are tax-deductible.
- What is Montage Medical Group's EIN?
- Montage Medical Group's Employer Identification Number (EIN) is 26-4826604.
- How much revenue does Montage Medical Group report?
- Montage Medical Group reported $51,506,430 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Montage Medical Group have?
- CharityIndex grades Montage Medical Group D, based on financial health (reserves and operating margin).
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Data for Montage Medical Group (EIN 26-4826604) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.