Friendship Medical Clinic Inc
EIN: 300127648 · Conway, SC · NTEE: E210
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $4.1M |
| Net Assets | $249K |
Is Friendship Medical Clinic Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friendship Medical Clinic Inc
Friendship Medical Clinic Inc (EIN: 300127648) is a nonprofit organization based in Conway, SC, classified under NTEE code E210. The organization reported total revenue of $3.9M and total assets of $266K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendship Medical Clinic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friendship Medical Clinic Inc is a mid-size nonprofit that has been operating for 23 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$32K |
| Total Assets | $249K |
| Net Assets | $249K |
| Operating Margin | 0.8% |
| Months of Reserves | 0.7 months |
Financial Health Grade: A
In 2023, Friendship Medical Clinic Inc reported a surplus of $32K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Friendship Medical Clinic Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.7% | +16.5% | +15.3% |
| 2022 | +13.2% | +16.2% | -15.2% |
| 2021 | +24.1% | +24.2% | +23.2% |
| 2020 | +14.9% | +14.7% | +22.8% |
| 2019 | -7.8% | -7.9% | +22.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friendship Medical Clinic Inc 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 Friendship Medical Clinic Inc 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 surplus of $32K, with revenue exceeding expenses.
Frequently Asked Questions about Friendship Medical Clinic Inc
Is Friendship Medical Clinic Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friendship Medical Clinic Inc (EIN: 300127648) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friendship Medical Clinic Inc spend its money?
Detailed spending breakdown data is not yet available for Friendship Medical Clinic Inc. Check back for updated IRS 990 analysis.
Are donations to Friendship Medical Clinic Inc tax-deductible?
Friendship Medical Clinic Inc is registered as a tax-exempt nonprofit (EIN: 300127648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friendship Medical Clinic Inc located?
Friendship Medical Clinic Inc is headquartered in Conway, South Carolina and files with the IRS under EIN 300127648. It is classified under NTEE code E210.
How many years of IRS 990 filings does Friendship Medical Clinic Inc have?
Friendship Medical Clinic Inc 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 $3.9M in total revenue.
Filing History
IRS 990 filing history for Friendship Medical Clinic Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Friendship Medical Clinic Inc's revenue has grown by 54.9%, moving from $2.7M to $4.2M. Total assets increased by 233.5% over the same period, from $75K to $249K. Total functional expenses rose by 55.5%, from $2.7M to $4.1M. In its most recent filing year (2023), Friendship Medical Clinic Inc reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $4.1M | $249K | $0 | — | — |
| 2022 | $3.5M | $3.6M | $216K | $-1,454 | — | View 990 |
| 2021 | $3.1M | $3.1M | $254K | $-794 | — | View 990 |
| 2020 | $2.5M | $2.5M | $206K | $-1,111 | — | View 990 |
| 2019 | $2.2M | $2.1M | $168K | $0 | — | View 990 |
| 2018 | $2.4M | $2.3M | $138K | $727 | — | View 990 |
| 2016 | $2.3M | $2.3M | $159K | $88 | — | View 990 |
| 2015 | $2.6M | $2.6M | $173K | $0 | — | View 990 |
| 2014 | $2.2M | $2.2M | $124K | $0 | — | View 990 |
| 2013 | $2.1M | $2.1M | $98K | $0 | — | View 990 |
| 2012 | $2.2M | $2.2M | $76K | $0 | — | View 990 |
| 2011 | $2.7M | $2.7M | $75K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $4.1M, and assets of $249K (revenue +18.7% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.6M, and assets of $216K (revenue +13.2% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.1M, and assets of $254K (revenue +24.1% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.5M, and assets of $206K (revenue +14.9% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.1M, and assets of $168K (revenue -7.8% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.3M, and assets of $138K (revenue +4.1% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $159K (revenue -13.0% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.6M, and assets of $173K (revenue +19.5% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.2M, and assets of $124K (revenue +2.1% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $98K (revenue -3.9% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.2M, and assets of $76K (revenue -17.5% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.7M, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friendship Medical Clinic Inc:
Data Sources and Methodology
This transparency report for Friendship Medical Clinic 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.