Is Moore Free And Charitable Clinic Inc Legit?

Moore Free And Charitable Clinic Inc exhibits a highly unusual and concerning financial pattern. While the latest filing (202312) shows revenue of $1,406,887 and expenses of $930,966, indicating a healthy surplus, the preceding years (2014-2022) report significantly inflated revenues and expenses, ranging from $9 million to over $32 million annually. This drastic fluctuation, particularly the sudden drop from $32.7 million in 2022 to $1.4 million in 2023, raises significant questions about the accuracy and consistency of their financial reporting. The consistent reporting of zero officer compensation across all filings, despite substantial revenues in prior years, is also noteworthy. Given the dramatic shifts in reported financials, it is difficult to accurately assess spending efficiency or financial health without further clarification. The organization's assets have shown consistent growth, reaching $2,292,065 in 2023, which is a positive indicator of accumulating reserves. However, the lack of detailed functional expense breakdowns in the provided data prevents a precise analysis of program versus administrative spending. The absence of reported liabilities in recent years suggests a strong balance sheet, but the overall transparency is hampered by the inconsistent revenue and expense figures. Without a clear explanation for the extreme volatility in reported revenue and expenses, particularly the multi-million dollar figures in prior years compared to the current, more modest scale, it is challenging to provide a definitive assessment of their financial health and transparency. The organization's NTEE code E32 (Free Clinics) suggests a direct service mission, but the financial data presents a confusing picture.