Barrier Islands Free Medical Clinic Inc
Barrier Islands Free Medical Clinic Inc consistently operates with significant surpluses and reports zero officer compensation.
EIN: 205628911 · Johns Island, SC · NTEE: E32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $7.8M |
| Transparency Score | 92/100 |
Is Barrier Islands Free Medical Clinic Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Barrier Islands Free Medical Clinic Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Barrier Islands Free Medical Clinic Inc
Barrier Islands Free Medical Clinic Inc (EIN: 205628911) is a nonprofit organization based in Johns Island, SC, classified under NTEE code E32. The organization reported total revenue of $2.3M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barrier Islands Free Medical Clinic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barrier Islands Free Medical Clinic Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$795K |
| Total Assets | $7.8M |
| Total Liabilities | $9K |
| Net Assets | $7.8M |
| Operating Margin | 43.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 89.8 months |
Financial Health Grade: A
In 2023, Barrier Islands Free Medical Clinic Inc reported a surplus of $795K with revenue exceeding expenses, holds 89.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Barrier Islands Free Medical Clinic Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.5% | +4.8% | +21.0% |
| 2022 | +2.7% | +12.1% | +2.2% |
| 2021 | +32.5% | +22.7% | +22.1% |
| 2020 | -12.0% | -5.0% | +20.1% |
| 2019 | -2.9% | +1.4% | +28.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Barrier Islands Free Medical Clinic Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Barrier Islands Free Medical Clinic Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $795K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 years of filings, which is highly unusual for an organization with annual revenues exceeding $1 million. This suggests a volunteer-led executive team or that compensation for key personnel is categorized differently, potentially maximizing funds for direct services.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Barrier Islands Free Medical Clinic Inc's IRS 990 filings:
- Unusually low liabilities, potentially indicating conservative accounting or minimal operational debt.
- Zero reported officer compensation for an organization of this size and revenue, which warrants further inquiry into executive compensation practices.
Strengths
The following positive indicators were identified for Barrier Islands Free Medical Clinic Inc:
- Consistent and significant operating surpluses, demonstrating strong financial management.
- Substantial growth in assets over time, indicating long-term financial stability and sustainability.
- Very low liabilities across most reporting periods, suggesting minimal debt burden.
- High spending efficiency, with a large portion of revenue retained or invested in assets.
- Consistent IRS 990 filing history, indicating good transparency practices.
Frequently Asked Questions about Barrier Islands Free Medical Clinic Inc
Is Barrier Islands Free Medical Clinic Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Barrier Islands Free Medical Clinic Inc (EIN: 205628911) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Barrier Islands Free Medical Clinic Inc spend its money?
Barrier Islands Free Medical Clinic Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Barrier Islands Free Medical Clinic Inc tax-deductible?
Barrier Islands Free Medical Clinic Inc is registered as a tax-exempt nonprofit (EIN: 205628911). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Barrier Islands Free Medical Clinic Inc CEO make?
Barrier Islands Free Medical Clinic Inc's highest-compensated officer earns $1 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Barrier Islands Free Medical Clinic Inc's spending goes to programs?
Barrier Islands Free Medical Clinic Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Barrier Islands Free Medical Clinic Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Barrier Islands Free Medical Clinic Inc is above average for NTEE category E32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Barrier Islands Free Medical Clinic Inc located?
Barrier Islands Free Medical Clinic Inc is headquartered in Johns Island, South Carolina and files with the IRS under EIN 205628911. It is classified under NTEE code E32.
How many years of IRS 990 filings does Barrier Islands Free Medical Clinic Inc have?
Barrier Islands Free Medical Clinic Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.
How does Barrier Islands Free Medical Clinic Inc manage to operate without reporting any officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could indicate a fully volunteer executive leadership, or that key personnel are compensated through other means not classified as 'officer compensation' on the 990, such as through a related entity or as regular staff salaries, which would require deeper investigation into their full financial statements.
What is the primary source of the organization's significant asset growth?
The substantial asset growth, from $1,003,929 in 2014 to $7,821,761 in 2023, is primarily driven by consistent operating surpluses where revenues significantly exceed expenses each year. For example, in 2023, revenue was $1,840,080 while expenses were $1,045,126, contributing to an increase in net assets.
Does the organization have a strong financial reserve?
Yes, with assets of $7,821,761 in 2023 and annual expenses around $1 million, the organization holds a substantial financial reserve, indicating strong financial stability and capacity to sustain operations for many years.
Filing History
IRS 990 filing history for Barrier Islands Free Medical Clinic Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Barrier Islands Free Medical Clinic Inc's revenue has grown by 23.4%, moving from $1.5M to $1.8M. Total assets increased by 1623% over the same period, from $454K to $7.8M. Total functional expenses fell by 31.4%, from $1.5M to $1.0M. In its most recent filing year (2023), Barrier Islands Free Medical Clinic Inc reported a surplus of $795K, with revenue exceeding expenses. The organization holds $9K in liabilities against $7.8M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $7.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.0M | $7.8M | $9K | — | View 990 |
| 2022 | $1.8M | $997K | $6.5M | $23K | — | View 990 |
| 2021 | $1.7M | $890K | $6.3M | $3K | — | View 990 |
| 2020 | $1.3M | $725K | $5.2M | $14K | — | View 990 |
| 2019 | $1.5M | $763K | $4.3M | $12K | — | View 990 |
| 2018 | $1.5M | $753K | $3.4M | $2K | — | View 990 |
| 2017 | $1.3M | $678K | $2.9M | $219K | — | View 990 |
| 2016 | $1.2M | $606K | $2.0M | $1K | — | View 990 |
| 2015 | $945K | $606K | $1.3M | $5K | — | View 990 |
| 2014 | $648K | $503K | $1.0M | $2K | — | View 990 |
| 2013 | $719K | $459K | $860K | $1K | — | View 990 |
| 2012 | $687K | $526K | $603K | $1K | — | View 990 |
| 2011 | $1.5M | $1.5M | $454K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.0M, and assets of $7.8M (revenue +4.5% year-over-year).
- 2022: Revenue of $1.8M, expenses of $997K, and assets of $6.5M (revenue +2.7% year-over-year).
- 2021: Revenue of $1.7M, expenses of $890K, and assets of $6.3M (revenue +32.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $725K, and assets of $5.2M (revenue -12.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $763K, and assets of $4.3M (revenue -2.9% year-over-year).
- 2018: Revenue of $1.5M, expenses of $753K, and assets of $3.4M (revenue +20.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $678K, and assets of $2.9M (revenue +4.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $606K, and assets of $2.0M (revenue +28.1% year-over-year).
- 2015: Revenue of $945K, expenses of $606K, and assets of $1.3M (revenue +45.8% year-over-year).
- 2014: Revenue of $648K, expenses of $503K, and assets of $1.0M (revenue -9.8% year-over-year).
- 2013: Revenue of $719K, expenses of $459K, and assets of $860K (revenue +4.6% year-over-year).
- 2012: Revenue of $687K, expenses of $526K, and assets of $603K (revenue -53.9% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $454K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barrier Islands Free Medical Clinic Inc:
Data Sources and Methodology
This transparency report for Barrier Islands Free Medical Clinic Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.