Is Kimball Health Center Legit?

Kimball Health Center demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. For the most recent period (202406), the organization reported revenues of $169,877 against expenses of $180,867, indicating a slight operating deficit. This trend of expenses often exceeding revenue by a small margin is visible in several past filings, such as 202306 ($150,144 revenue vs. $169,774 expenses) and 202206 ($154,173 revenue vs. $162,014 expenses). The organization's assets have shown a gradual decline from a high of $197,347 in 202106 to $129,477 in 202406, while liabilities have remained consistently high, ranging from $815,435 to $886,978 over the past decade. This significant liability burden relative to assets is a notable financial characteristic. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, which is a positive indicator for efficiency. The organization's transparency is generally good given the consistent filing of IRS Form 990s over 14 periods, providing a long financial history for analysis. However, the lack of specific expense category data limits a deeper understanding of how funds are allocated. The substantial and persistent liabilities, significantly outweighing assets, raise questions about the long-term financial stability and funding model of Kimball Health Center. While the organization appears to operate on a lean executive compensation model, the overall financial structure, particularly the debt burden, warrants closer examination to understand its impact on program delivery and sustainability.