Castle Family Health Centers Inc
Castle Family Health Centers Inc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 205864304 · Atwater, CA · NTEE: E320 · Updated: 2026-03-28
About Castle Family Health Centers Inc
Castle Family Health Centers Inc (EIN: 205864304) is a nonprofit organization based in Atwater, CA, classified under NTEE code E320. The organization reported total revenue of $31.8M and total assets of $30.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Castle Family Health Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Castle Family Health Centers Inc with a Mission Score of 85 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Castle Family Health Centers Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which is unusual for an organization of this size with over $30 million in revenue. This suggests that executive compensation may be reported under other expense categories or that the organization operates with a unique compensation structure, requiring further scrutiny for full transparency.
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 Castle Family Health Centers Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation across all filings, which may obscure actual executive pay.
Strengths
The following positive indicators were identified for Castle Family Health Centers Inc:
- Consistent revenue growth, from $17M in 2014 to $30M in 2023.
- Significant asset growth, from $6.4M in 2014 to $29.2M in 2023, indicating strong financial health.
- Positive net income in most recent filings (e.g., $30,051,164 revenue vs. $28,540,557 expenses in 2023).
- Likely high program spending ratio, given the nature of health centers and no reported fundraising expenses.
Frequently Asked Questions about Castle Family Health Centers Inc
Is Castle Family Health Centers Inc a good charity?
Based on its financial health, consistent growth, and high program spending ratio (estimated at 95% given no reported fundraising or significant administrative overhead beyond program delivery), it appears to be a well-managed organization. However, the lack of reported officer compensation requires further investigation for a complete assessment of transparency.
How does Castle Family Health Centers Inc manage executive compensation?
The IRS 990 filings consistently show 0% for officer compensation. This is highly unusual for an organization with over $30 million in revenue and suggests that executive salaries are either not reported in this specific section or are covered under other expense categories, which could impact transparency.
What is the trend in Castle Family Health Centers Inc's financial growth?
Castle Family Health Centers Inc has demonstrated strong and consistent financial growth. Revenue increased from $17,094,950 in 2014 to $30,051,164 in 2023, and assets grew from $6,402,891 to $29,239,521 over the same period, indicating robust expansion and financial stability.
Filing History
IRS 990 filing history for Castle Family Health Centers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Castle Family Health Centers Inc's revenue has grown by 138.8%, moving from $12.6M to $30.1M. Total assets increased by 1066.3% over the same period, from $2.5M to $29.2M. Total functional expenses rose by 122.5%, from $12.8M to $28.5M. In its most recent filing year (2023), Castle Family Health Centers Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $14.3M in liabilities against $29.2M in assets (debt-to-asset ratio: 49.0%), resulting in net assets of $14.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $30.1M | $28.5M | $29.2M | $14.3M | — | View 990 |
| 2022 | $30.6M | $26.8M | $22.6M | $9.3M | — | View 990 |
| 2021 | $29.8M | $26.4M | $21.7M | $12.1M | — | View 990 |
| 2020 | $24.5M | $24.7M | $16.9M | $10.7M | — | View 990 |
| 2019 | $23.5M | $22.6M | $15.4M | $9.0M | — | View 990 |
| 2018 | $21.1M | $19.7M | $9.6M | $4.1M | — | View 990 |
| 2017 | $19.1M | $18.5M | $6.2M | $2.2M | — | View 990 |
| 2016 | $18.2M | $17.6M | $5.8M | $2.3M | — | View 990 |
| 2015 | $16.4M | $16.6M | $6.0M | $3.0M | — | View 990 |
| 2014 | $17.1M | $15.6M | $6.4M | $3.3M | — | View 990 |
| 2013 | $15.8M | $14.3M | $4.9M | $3.3M | — | View 990 |
| 2012 | $13.9M | $13.6M | $3.2M | $3.0M | — | View 990 |
| 2011 | $12.6M | $12.8M | $2.5M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30.1M, expenses of $28.5M, and assets of $29.2M (revenue -1.9% year-over-year).
- 2022: Revenue of $30.6M, expenses of $26.8M, and assets of $22.6M (revenue +2.9% year-over-year).
- 2021: Revenue of $29.8M, expenses of $26.4M, and assets of $21.7M (revenue +21.4% year-over-year).
- 2020: Revenue of $24.5M, expenses of $24.7M, and assets of $16.9M (revenue +4.3% year-over-year).
- 2019: Revenue of $23.5M, expenses of $22.6M, and assets of $15.4M (revenue +11.7% year-over-year).
- 2018: Revenue of $21.1M, expenses of $19.7M, and assets of $9.6M (revenue +10.2% year-over-year).
- 2017: Revenue of $19.1M, expenses of $18.5M, and assets of $6.2M (revenue +5.2% year-over-year).
- 2016: Revenue of $18.2M, expenses of $17.6M, and assets of $5.8M (revenue +10.5% year-over-year).
- 2015: Revenue of $16.4M, expenses of $16.6M, and assets of $6.0M (revenue -3.8% year-over-year).
- 2014: Revenue of $17.1M, expenses of $15.6M, and assets of $6.4M (revenue +8.3% year-over-year).
- 2013: Revenue of $15.8M, expenses of $14.3M, and assets of $4.9M (revenue +13.3% year-over-year).
- 2012: Revenue of $13.9M, expenses of $13.6M, and assets of $3.2M (revenue +10.8% year-over-year).
- 2011: Revenue of $12.6M, expenses of $12.8M, and assets of $2.5M.
Data Sources and Methodology
This transparency report for Castle Family Health Centers 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.