Clippard Instrument Laboratory Inc Health Care Plan Trust
EIN: 311245120 · Cincinnati, OH
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.6M |
| Net Assets | $322K |
Is Clippard Instrument Laboratory Inc Health Care Plan Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Clippard Instrument Laboratory Inc Health Care Plan Trust
Clippard Instrument Laboratory Inc Health Care Plan Trust (EIN: 311245120) is a nonprofit organization based in Cincinnati, OH. The organization reported total revenue of $3.1M and total assets of $152K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clippard Instrument Laboratory Inc Health Care Plan Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clippard Instrument Laboratory Inc Health Care Plan Trust is a mid-size nonprofit that has been operating for 38 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-33,102 |
| Total Assets | $322K |
| Net Assets | $322K |
| Operating Margin | -1.3% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2023, Clippard Instrument Laboratory Inc Health Care Plan Trust reported a deficit of $33K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Clippard Instrument Laboratory Inc Health Care Plan Trust's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.9% | +15.3% | -9.3% |
| 2022 | +11.7% | -11.8% | +20.0% |
| 2021 | +15.9% | +59.0% | -61.9% |
| 2020 | -7.8% | -19.3% | +29.9% |
| 2019 | +7.9% | +5.9% | -8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Clippard Instrument Laboratory Inc Health Care Plan Trust 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 Clippard Instrument Laboratory Inc Health Care Plan Trust 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
Frequently Asked Questions about Clippard Instrument Laboratory Inc Health Care Plan Trust
Is Clippard Instrument Laboratory Inc Health Care Plan Trust a legitimate charity?
Clippard Instrument Laboratory Inc Health Care Plan Trust (EIN: 311245120) is a registered tax-exempt nonprofit based in Ohio. It has 12 years of IRS 990 filings on record. Total revenue: $3.1M. No red flags identified. Financial health grade: C.
How does Clippard Instrument Laboratory Inc Health Care Plan Trust spend its money?
Clippard Instrument Laboratory Inc Health Care Plan Trust reported $3.1M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Clippard Instrument Laboratory Inc Health Care Plan Trust tax-deductible?
Clippard Instrument Laboratory Inc Health Care Plan Trust is registered as a tax-exempt nonprofit (EIN: 311245120). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Clippard Instrument Laboratory Inc Health Care Plan Trust located?
Clippard Instrument Laboratory Inc Health Care Plan Trust is headquartered in Cincinnati, Ohio and files with the IRS under EIN 311245120.
How many years of IRS 990 filings does Clippard Instrument Laboratory Inc Health Care Plan Trust have?
Clippard Instrument Laboratory Inc Health Care Plan Trust has 12 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 $3.1M in total revenue.
Filing History
IRS 990 filing history for Clippard Instrument Laboratory Inc Health Care Plan Trust showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Clippard Instrument Laboratory Inc Health Care Plan Trust's revenue has grown by 184.3%, moving from $897K to $2.6M. Total assets decreased by 65.9% over the same period, from $944K to $322K. Total functional expenses rose by 156.1%, from $1.0M to $2.6M. In its most recent filing year (2023), Clippard Instrument Laboratory Inc Health Care Plan Trust reported a deficit of $33K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $322K | $0 | — | View 990 |
| 2022 | $2.3M | $2.2M | $355K | $0 | — | View 990 |
| 2021 | $2.1M | $2.5M | $296K | $0 | — | View 990 |
| 2020 | $1.8M | $1.6M | $776K | $0 | — | — |
| 2019 | $1.9M | $2.0M | $597K | $0 | — | View 990 |
| 2018 | $1.8M | $1.9M | $652K | $0 | — | View 990 |
| 2017 | $1.7M | $1.7M | $736K | $0 | — | View 990 |
| 2016 | $1.4M | $1.3M | $657K | $0 | — | View 990 |
| 2015 | $1.8M | $1.6M | $653K | $0 | — | View 990 |
| 2014 | $1.8M | $1.7M | $438K | $0 | — | View 990 |
| 2012 | $952K | $1.3M | $585K | $0 | — | View 990 |
| 2011 | $897K | $1.0M | $944K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $322K (revenue +10.9% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.2M, and assets of $355K (revenue +11.7% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.5M, and assets of $296K (revenue +15.9% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.6M, and assets of $776K (revenue -7.8% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.0M, and assets of $597K (revenue +7.9% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $652K (revenue +2.0% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $736K (revenue +29.4% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $657K (revenue -24.4% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.6M, and assets of $653K (revenue +1.3% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $438K (revenue +85.5% year-over-year).
- 2012: Revenue of $952K, expenses of $1.3M, and assets of $585K (revenue +6.1% year-over-year).
- 2011: Revenue of $897K, expenses of $1.0M, and assets of $944K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clippard Instrument Laboratory Inc Health Care Plan Trust:
Data Sources and Methodology
This transparency report for Clippard Instrument Laboratory Inc Health Care Plan Trust 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.