Is Nelson County Community Clinic Inc Legit?

Nelson County Community Clinic Inc demonstrates a generally stable financial trajectory, with recent years showing growth in both revenue and assets. In the latest filing (202312), the organization reported revenues of $288,544 against expenses of $294,315, indicating a slight operational deficit for that period. However, this follows a strong surplus in 202212 where revenue significantly outpaced expenses ($201,270 vs. $160,922). The organization's assets have shown consistent growth over the past five years, increasing from $93,720 in 201912 to $170,528 in 202312, suggesting prudent financial management and accumulation of resources. Liabilities remain very low, consistently under $5,000 in recent years, which is a positive indicator of financial health and low debt burden. The clinic's spending efficiency appears to be reasonable, though specific program spending ratios are not provided in the raw data. The consistent growth in revenue and assets, coupled with minimal liabilities, points to a well-managed operation. The absence of officer compensation reported across all filings suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. This practice, if consistent, enhances the organization's ability to direct more funds towards its mission. Transparency is generally good, with a consistent history of 13 IRS 990 filings. The detailed financial data provided in these filings allows for a clear understanding of the organization's financial activities. The low liabilities and growing asset base further reinforce a picture of a financially responsible and transparent organization. The consistent filing of public documents is a strong indicator of commitment to accountability.