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Memphis Lung Physicians Foundation Inc

EIN 45-2832975 · Memphis, TN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak25 out of 100GovernanceFair65 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. SPECIALIZES IN PULMONARY, CRITICAL CARE AND SLEEP MEDICINE.

Income
$16.4 million
Spending
$23.7 million
Spent on programs
94%
Reserves
-21.8 months of spending
Largest source of income
fees for its services, 99%
Employees
116
Volunteers
0
Highest pay
$1.8 million, secretary

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 25 out of 100. Higher than 2% of charities in its peer group (health care, $10m to $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 649% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 44% of income.

  • Income trend

    10 of 15

    Income fell 4% on the year before.

  • Spending floor

    15 of 15

    94% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 65 out of 100. Higher than 3% of charities in its peer group (health care, $10m to $100m).

  • Independent board

    5 of 25

    0 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $22.2 million spent. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. SPECIALIZES IN PULMONARY, CRITICAL CARE AND SLEEP MEDICINE. IN ADDITION TO CRITICAL CARE, WE FOCUS ON THE DIAGNOSIS AND TREATMENT OF ACUTE RESPIRATORY DISTRESS, CHRONIC OBSTRUCTIVE PULMONARY DISEASE, ASTHMA, CYSTIC FIBROSIS, LUNG CANCER, OBSTRUCTIVE SLEEP APNEA AND OTHER PULMONARY DISEASES AND CONDITIONS. ALTHOUGH REIMBURSEMENT FOR SERVICES IS CRITICAL TO THE OPERATION AND STABILITY OF MEMPHIS LUNG PHYSICIANS FOUNDATION, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH ITS COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. PROVIDES THE FOLLOWING: - FREE CARE AND/OR SUBSIDIZED CARE WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY COEXIST, - CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND - HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. HAS HAD A LONG HISTORY OF WORKING WITH BAPTIST MEMORIAL HEALTH CARE CORPORATION AND RELATED ENTITIES. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. HAS PLAYED A MAJOR ROLE IN DEVELOPING NATIONALLY RECOGNIZED INTENSIVE CARE SERVICES AT THE BAPTIST MEMORIAL HOSPITALS AND DEVELOPING SLEEP MEDICINE SERVICES THAT ARE OFFERED BY THE HOSPITALS. PHYSICIANS AT MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. HAVE WORKED TO IMPROVE THE OUTCOMES OF PATIENTS IN THE BAPTIST MEMORIAL HOSPITALS' INTENSIVE CARE UNITS BY DECREASING HOSPITAL ACQUIRED INFECTIONS COMMON TO INTENSIVE CARE PATIENTS.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.