Belmond Community Hospital Foundation
EIN: 421242314 · Belmond, IA · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $551K |
| Total Expenses | $1.1M |
| Net Assets | $1.4M |
Is Belmond Community Hospital Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Belmond Community Hospital Foundation
Belmond Community Hospital Foundation (EIN: 421242314) is a nonprofit organization based in Belmond, IA, classified under NTEE code T31. The organization reported total revenue of $551K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Belmond Community Hospital Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Belmond Community Hospital Foundation is a small nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $412K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-682,857 |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | -165.6% |
| Months of Reserves | 15.8 months |
Financial Health Grade: B
In 2024, Belmond Community Hospital Foundation reported a deficit of $683K with expenses exceeding revenue, holds 15.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Belmond Community Hospital Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +46.4% | +715.7% | -32.1% |
| 2023 | +7.9% | -56.0% | +7.5% |
| 2022 | +45.3% | +274.3% | -2.2% |
| 2021 | -18.9% | -60.0% | +5.1% |
| 2020 | -67.0% | +218.1% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Belmond Community Hospital Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Belmond Community Hospital Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $683K, with expenses exceeding revenue.
Frequently Asked Questions about Belmond Community Hospital Foundation
Is Belmond Community Hospital Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Belmond Community Hospital Foundation (EIN: 421242314) insufficient data. 0 red flags identified, 0 strengths noted.
How does Belmond Community Hospital Foundation spend its money?
Detailed spending breakdown data is not yet available for Belmond Community Hospital Foundation. Check back for updated IRS 990 analysis.
Are donations to Belmond Community Hospital Foundation tax-deductible?
Belmond Community Hospital Foundation is registered as a tax-exempt nonprofit (EIN: 421242314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Belmond Community Hospital Foundation located?
Belmond Community Hospital Foundation is headquartered in Belmond, Iowa and files with the IRS under EIN 421242314. It is classified under NTEE code T31.
How many years of IRS 990 filings does Belmond Community Hospital Foundation have?
Belmond Community Hospital Foundation has 14 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 $551K in total revenue.
Filing History
IRS 990 filing history for Belmond Community Hospital Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Belmond Community Hospital Foundation's revenue has grown by 136.5%, moving from $174K to $412K. Total assets increased by 37% over the same period, from $1.1M to $1.4M. Total functional expenses rose by 1620.7%, from $64K to $1.1M. In its most recent filing year (2024), Belmond Community Hospital Foundation reported a deficit of $683K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $412K | $1.1M | $1.4M | $0 | — | — |
| 2023 | $282K | $134K | $2.1M | $0 | — | View 990 |
| 2022 | $261K | $305K | $2.0M | $0 | — | View 990 |
| 2021 | $180K | $81K | $2.0M | $0 | — | View 990 |
| 2020 | $221K | $204K | $1.9M | $0 | — | — |
| 2019 | $671K | $64K | $1.9M | $0 | — | View 990 |
| 2018 | $163K | $321K | $1.3M | $0 | — | View 990 |
| 2017 | $472K | $11K | $1.5M | $0 | — | View 990 |
| 2016 | $323K | $56K | $994K | $0 | — | View 990 |
| 2015 | $430K | $708K | $727K | $0 | — | View 990 |
| 2014 | $620K | $711K | $1.0M | $0 | — | View 990 |
| 2013 | $149K | $731K | $1.1M | $0 | — | View 990 |
| 2012 | $656K | $30K | $1.7M | $0 | — | View 990 |
| 2011 | $174K | $64K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $412K, expenses of $1.1M, and assets of $1.4M (revenue +46.4% year-over-year).
- 2023: Revenue of $282K, expenses of $134K, and assets of $2.1M (revenue +7.9% year-over-year).
- 2022: Revenue of $261K, expenses of $305K, and assets of $2.0M (revenue +45.3% year-over-year).
- 2021: Revenue of $180K, expenses of $81K, and assets of $2.0M (revenue -18.9% year-over-year).
- 2020: Revenue of $221K, expenses of $204K, and assets of $1.9M (revenue -67.0% year-over-year).
- 2019: Revenue of $671K, expenses of $64K, and assets of $1.9M (revenue +310.7% year-over-year).
- 2018: Revenue of $163K, expenses of $321K, and assets of $1.3M (revenue -65.4% year-over-year).
- 2017: Revenue of $472K, expenses of $11K, and assets of $1.5M (revenue +46.2% year-over-year).
- 2016: Revenue of $323K, expenses of $56K, and assets of $994K (revenue -24.8% year-over-year).
- 2015: Revenue of $430K, expenses of $708K, and assets of $727K (revenue -30.7% year-over-year).
- 2014: Revenue of $620K, expenses of $711K, and assets of $1.0M (revenue +316.0% year-over-year).
- 2013: Revenue of $149K, expenses of $731K, and assets of $1.1M (revenue -77.3% year-over-year).
- 2012: Revenue of $656K, expenses of $30K, and assets of $1.7M (revenue +276.3% year-over-year).
- 2011: Revenue of $174K, expenses of $64K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Belmond Community Hospital Foundation:
Data Sources and Methodology
This transparency report for Belmond Community Hospital Foundation 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.