AI Transparency Report
Jupiter Island Medical Clinic Inc demonstrates strong financial health and efficient spending based on its recent IRS 990 filings. In the 202309 period, the organization reported revenue of $1,022,060 against expenses of $676,554, indicating a healthy surplus. This trend of revenue exceeding expenses is consistent across most recent years, contributing to a steady growth in assets, which reached $5,844,898 in 202309. The organization's liabilities remain very low, suggesting sound financial management and minimal debt burden.
The clinic's spending efficiency is commendable, with a significant portion of its expenses likely directed towards program services, given the absence of reported officer compensation and relatively low administrative overhead implied by the overall expense figures. The consistent growth in assets, from $2,104,391 in 201409 to $5,844,898 in 202309, further underscores its financial stability and capacity to deliver on its mission. The organization's consistent filing of IRS 990s over 13 periods also indicates a commitment to transparency.