No red flags identified.
AI Transparency Report
Community Care Clinic Of Dare demonstrates strong financial health and growth, particularly in recent years. Revenue has seen a significant upward trend, more than doubling from $451,656 in 2021 to $969,401 in 2023. This growth is also reflected in its asset base, which grew from $282,356 in 2021 to $803,183 in 2023, indicating a healthy accumulation of resources to support its mission. The organization consistently operates with a surplus, as evidenced by revenues exceeding expenses in most recent periods, such as $969,401 in revenue against $701,875 in expenses in 2023.
The clinic appears to be highly efficient in its spending, with a substantial portion of its expenses likely directed towards program services, given the absence of reported officer compensation and the nature of its NTEE code (E32 - Community Health Systems). The consistent growth in assets and revenue, coupled with relatively low liabilities, suggests sound financial management. The organization's transparency is commendable, particularly with zero reported officer compensation across all available filings, which indicates that leadership is either volunteer-based or compensated through other means not classified as officer compensation, or that compensation is very modest and not reported in this category.