First Community Health Foundation
EIN: 410635532 · Duluth, MN · NTEE: E32
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $928K |
| Net Assets | $7.3M |
Is First Community Health Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Community Health Foundation
First Community Health Foundation (EIN: 410635532) is a nonprofit organization based in Duluth, MN, classified under NTEE code E32. The organization reported total revenue of $1.3M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Community Health Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Community Health Foundation is a mid-size nonprofit that has been operating for 8 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -23.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $263K |
| Total Expenses | $928K |
| Surplus / Deficit | $-665,361 |
| Total Assets | $7.4M |
| Total Liabilities | $75K |
| Net Assets | $7.3M |
| Operating Margin | -253.3% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 95.0 months |
Financial Health Grade: B
In 2023, First Community Health Foundation reported a deficit of $665K with expenses exceeding revenue, holds 95.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), First Community Health Foundation's revenue has declined at a compound annual growth rate (CAGR) of -23.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -91.6% | +21.5% | +0.1% |
| 2022 | +314.1% | -12.1% | +14.9% |
| 2021 | +2.0% | +15.7% | +2.9% |
| 2020 | +27.4% | -0.5% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Community Health 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 First Community Health 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $665K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about First Community Health Foundation
Is First Community Health Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, First Community Health Foundation (EIN: 410635532) insufficient data. 0 red flags identified, 0 strengths noted.
How does First Community Health Foundation spend its money?
Detailed spending breakdown data is not yet available for First Community Health Foundation. Check back for updated IRS 990 analysis.
Are donations to First Community Health Foundation tax-deductible?
First Community Health Foundation is registered as a tax-exempt nonprofit (EIN: 410635532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Community Health Foundation located?
First Community Health Foundation is headquartered in Duluth, Minnesota and files with the IRS under EIN 410635532. It is classified under NTEE code E32.
How many years of IRS 990 filings does First Community Health Foundation have?
First Community Health Foundation has 10 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for First Community Health Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), First Community Health Foundation's revenue has declined by 96%, moving from $6.6M to $263K. Total assets decreased by 39.2% over the same period, from $12.1M to $7.4M. Total functional expenses fell by 89%, from $8.4M to $928K. In its most recent filing year (2023), First Community Health Foundation reported a deficit of $665K, with expenses exceeding revenue. The organization holds $75K in liabilities against $7.4M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $263K | $928K | $7.4M | $75K | — | — |
| 2022 | $3.1M | $764K | $7.3M | $39K | — | View 990 |
| 2021 | $751K | $869K | $6.4M | $86K | — | — |
| 2020 | $737K | $751K | $6.2M | $85K | — | — |
| 2019 | $579K | $755K | $6.0M | $157K | — | View 990 |
| 2015 | $-125,275 | $826K | $5.8M | $496K | — | View 990 |
| 2014 | $259K | $274K | $6.9M | $497K | — | View 990 |
| 2013 | $228K | $357K | $6.6M | $232K | — | View 990 |
| 2012 | $1.5M | $853K | $6.4M | $237K | — | View 990 |
| 2011 | $6.6M | $8.4M | $12.1M | $6.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $263K, expenses of $928K, and assets of $7.4M (revenue -91.6% year-over-year).
- 2022: Revenue of $3.1M, expenses of $764K, and assets of $7.3M (revenue +314.1% year-over-year).
- 2021: Revenue of $751K, expenses of $869K, and assets of $6.4M (revenue +2.0% year-over-year).
- 2020: Revenue of $737K, expenses of $751K, and assets of $6.2M (revenue +27.4% year-over-year).
- 2019: Revenue of $579K, expenses of $755K, and assets of $6.0M.
- 2015: Revenue of $-125,275, expenses of $826K, and assets of $5.8M (revenue -148.4% year-over-year).
- 2014: Revenue of $259K, expenses of $274K, and assets of $6.9M (revenue +13.5% year-over-year).
- 2013: Revenue of $228K, expenses of $357K, and assets of $6.6M (revenue -85.2% year-over-year).
- 2012: Revenue of $1.5M, expenses of $853K, and assets of $6.4M (revenue -76.7% year-over-year).
- 2011: Revenue of $6.6M, expenses of $8.4M, and assets of $12.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Community Health Foundation:
Data Sources and Methodology
This transparency report for First Community Health 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.