Is Barrier Islands Free Medical Clinic Inc…

Quick charity verification for Barrier Islands Free Medical Clinic Inc (EIN: 205628911)

Strengths

Consistent and significant operating surpluses, demonstrating strong financial management.
Substantial growth in assets over time, indicating long-term financial stability and sustainability.
Very low liabilities across most reporting periods, suggesting minimal debt burden.
High spending efficiency, with a large portion of revenue retained or invested in assets.
Consistent IRS 990 filing history, indicating good transparency practices.

Spending Breakdown

How Barrier Islands Free Medical Clinic Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Barrier Islands Free Medical Clinic Inc

Is Barrier Islands Free Medical Clinic Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Barrier Islands Free Medical Clinic Inc (EIN: 205628911) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.

Is Barrier Islands Free Medical Clinic Inc a good charity to donate to?

Barrier Islands Free Medical Clinic Inc has a Mission Score of 92/100. Revenue: $2.3M. Assets: $9.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Barrier Islands Free Medical Clinic Inc?

The Employer Identification Number (EIN) for Barrier Islands Free Medical Clinic Inc is 205628911. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Barrier Islands Free Medical Clinic Inc spend its money?

Barrier Islands Free Medical Clinic Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Barrier Islands Free Medical Clinic Inc's tax-exempt status?

You can verify Barrier Islands Free Medical Clinic Inc's tax-exempt status using EIN 205628911 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Barrier Islands Free Medical Clinic Inc demonstrates strong financial health and efficient spending based on its IRS 990 filings. The organization consistently maintains a healthy surplus, with revenues significantly exceeding expenses across all reported periods. For instance, in 2023, revenue was $1,840,080 against expenses of $1,045,126, indicating a substantial operating margin. This consistent surplus has allowed the organization to build significant assets, growing from $1,003,929 in 2014 to $7,821,761 in 2023, which suggests robust financial management and sustainability. The clinic's mission to provide free medical care (NTEE Code E32) is well-supported by its financial structure.

The organization's spending efficiency appears high, as evidenced by the consistent growth in assets relative to expenses. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a lean operation given the zero officer compensation reported across all years. This lack of executive compensation is a significant indicator of a volunteer-driven or highly efficient leadership structure, contributing to more resources being available for direct program services. The low liabilities reported in most years also point to sound financial practices and minimal debt burden.

Transparency is enhanced by the consistent filing of IRS 990s over 13 periods, providing a clear historical financial record. The absence of officer compensation is a notable transparency point, indicating that leadership is either unpaid or compensated through other means not classified as officer compensation on these forms, which is highly unusual for an organization of this size and revenue. This practice, while potentially beneficial for program spending, warrants further investigation to fully understand the compensation structure if any, for key personnel.

Is Barrier Islands Free Medical Clinic Inc Legit?

Verdict: Barrier Islands Free Medical Clinic Inc appears trustworthy

Red Flags