Community Care Clinic Of Dare

Is Community Care Clinic Of Dare Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Community Care Clinic Of Dare directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Community Care Clinic Of Dare

Community Care Clinic Of Dare (EIN: 202230717) is a nonprofit organization based in Nags Head, NC, classified under NTEE code E32. The organization reported total revenue of $1.6M and total assets of $665K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Care Clinic Of Dare'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 Community Care Clinic Of Dare 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, Community Care Clinic Of Dare 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, suggesting that key officers are either volunteers or compensated at levels not requiring disclosure in this category, which is highly unusual for an organization of its growing size ($969,401 in revenue in 2023) and indicates a strong commitment to directing funds towards its mission.

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.

Strengths

The following positive indicators were identified for Community Care Clinic Of Dare:

• Strong and consistent revenue growth, more than doubling from $451,656 in 2021 to $969,401 in 2023.
• Healthy asset accumulation, increasing from $282,356 in 2021 to $803,183 in 2023.
• Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
• Operating with consistent surpluses, such as $969,401 revenue vs. $701,875 expenses in 2023, demonstrating sound financial management.
• Low liabilities relative to assets, indicating strong financial stability and minimal debt burden.

Frequently Asked Questions about Community Care Clinic Of Dare

Filing History

IRS 990 filing history for Community Care Clinic Of Dare showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Community Care Clinic Of Dare's revenue has grown by 187%, moving from $338K to $969K. Total assets increased by 630.4% over the same period, from $110K to $803K. Total functional expenses rose by 96.5%, from $357K to $702K. In its most recent filing year (2023), Community Care Clinic Of Dare reported a surplus of $268K, with revenue exceeding expenses. The organization holds $75K in liabilities against $803K in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $728K.

Year-by-Year Financial Summary

• 2023: Revenue of $969K, expenses of $702K, and assets of $803K (revenue +59.9% year-over-year).
• 2022: Revenue of $606K, expenses of $440K, and assets of $449K (revenue +34.3% year-over-year).
• 2021: Revenue of $452K, expenses of $374K, and assets of $282K (revenue +73.6% year-over-year).
• 2020: Revenue of $260K, expenses of $279K, and assets of $221K (revenue -31.8% year-over-year).
• 2019: Revenue of $381K, expenses of $325K, and assets of $220K (revenue -1.7% year-over-year).
• 2018: Revenue of $388K, expenses of $373K, and assets of $160K (revenue -1.3% year-over-year).
• 2017: Revenue of $393K, expenses of $368K, and assets of $139K (revenue +12.9% year-over-year).
• 2016: Revenue of $348K, expenses of $343K, and assets of $117K (revenue +3.9% year-over-year).
• 2015: Revenue of $335K, expenses of $334K, and assets of $110K (revenue +43.8% year-over-year).
• 2014: Revenue of $233K, expenses of $280K, and assets of $120K (revenue -25.6% year-over-year).
• 2013: Revenue of $313K, expenses of $289K, and assets of $160K (revenue -21.3% year-over-year).
• 2012: Revenue of $398K, expenses of $367K, and assets of $138K (revenue +17.9% year-over-year).
• 2011: Revenue of $338K, expenses of $357K, and assets of $110K.

Data Sources and Methodology

This transparency report for Community Care Clinic Of Dare 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.