Desc Hobson Clinic Qalicb
EIN: 850509765 · Seattle, WA · NTEE: P11
| Metric | Value |
|---|---|
| Total Revenue | $189K |
| Total Expenses | $1.3M |
| Net Assets | $5.5M |
Is Desc Hobson Clinic Qalicb Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Desc Hobson Clinic Qalicb
Desc Hobson Clinic Qalicb (EIN: 850509765) is a nonprofit organization based in Seattle, WA, classified under NTEE code P11. The organization reported total revenue of $189K and total assets of $20.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Desc Hobson Clinic Qalicb's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Desc Hobson Clinic Qalicb is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -67.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $183K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-1,110,214 |
| Total Assets | $20.9M |
| Total Liabilities | $15.4M |
| Net Assets | $5.5M |
| Operating Margin | -606.7% |
| Debt-to-Asset Ratio | 73.7% |
| Months of Reserves | 194.1 months |
Financial Health Grade: C
In 2023, Desc Hobson Clinic Qalicb reported a deficit of $1.1M with expenses exceeding revenue, holds 194.1 months of operating reserves (strong position), has a debt-to-asset ratio of 73.7% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Desc Hobson Clinic Qalicb's revenue has declined at a compound annual growth rate (CAGR) of -67.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.7% | +40.3% | -5.0% |
| 2022 | -92.8% | +8225.0% | -12.2% |
| 2021 | -59.3% | +71.4% | +59.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Desc Hobson Clinic Qalicb 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 Desc Hobson Clinic Qalicb 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 $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.7%.
Frequently Asked Questions about Desc Hobson Clinic Qalicb
Is Desc Hobson Clinic Qalicb a legitimate charity?
Desc Hobson Clinic Qalicb (EIN: 850509765) is a registered tax-exempt nonprofit based in Washington. It has 4 years of IRS 990 filings on record. Total revenue: $189K. No red flags identified. Financial health grade: C.
How does Desc Hobson Clinic Qalicb spend its money?
Desc Hobson Clinic Qalicb reported $189K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Desc Hobson Clinic Qalicb tax-deductible?
Desc Hobson Clinic Qalicb is registered as a tax-exempt nonprofit (EIN: 850509765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Desc Hobson Clinic Qalicb located?
Desc Hobson Clinic Qalicb is headquartered in Seattle, Washington and files with the IRS under EIN 850509765. It is classified under NTEE code P11.
How many years of IRS 990 filings does Desc Hobson Clinic Qalicb have?
Desc Hobson Clinic Qalicb has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $189K in total revenue.
Filing History
IRS 990 filing history for Desc Hobson Clinic Qalicb showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Desc Hobson Clinic Qalicb's revenue has declined by 96.5%, moving from $5.2M to $183K. Total assets increased by 32.5% over the same period, from $15.8M to $20.9M. Total functional expenses rose by 19925%, from $6K to $1.3M. In its most recent filing year (2023), Desc Hobson Clinic Qalicb reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $15.4M in liabilities against $20.9M in assets (debt-to-asset ratio: 73.7%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $183K | $1.3M | $20.9M | $15.4M | — | — |
| 2022 | $153K | $922K | $22.0M | $15.4M | — | View 990 |
| 2021 | $2.1M | $11K | $25.1M | $17.7M | — | — |
| 2020 | $5.2M | $6K | $15.8M | $10.5M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $183K, expenses of $1.3M, and assets of $20.9M (revenue +19.7% year-over-year).
- 2022: Revenue of $153K, expenses of $922K, and assets of $22.0M (revenue -92.8% year-over-year).
- 2021: Revenue of $2.1M, expenses of $11K, and assets of $25.1M (revenue -59.3% year-over-year).
- 2020: Revenue of $5.2M, expenses of $6K, and assets of $15.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Desc Hobson Clinic Qalicb:
Data Sources and Methodology
This transparency report for Desc Hobson Clinic Qalicb 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.