Iowa City Free Medical Clinic
EIN: 420960955 · Iowa City, IA · NTEE: E32Z
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $802K |
| Net Assets | $1.1M |
Is Iowa City Free Medical Clinic Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa City Free Medical Clinic
Iowa City Free Medical Clinic (EIN: 420960955) is a nonprofit organization based in Iowa City, IA, classified under NTEE code E32Z. The organization reported total revenue of $1.0M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa City Free Medical Clinic's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa City Free Medical Clinic is a mid-size nonprofit that has been operating for 54 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $692K |
| Total Expenses | $802K |
| Surplus / Deficit | $-109,868 |
| Total Assets | $1.4M |
| Total Liabilities | $325K |
| Net Assets | $1.1M |
| Operating Margin | -15.9% |
| Debt-to-Asset Ratio | 23.2% |
| Months of Reserves | 21.0 months |
Financial Health Grade: B
In 2023, Iowa City Free Medical Clinic reported a deficit of $110K with expenses exceeding revenue, holds 21.0 months of operating reserves (strong position), has a debt-to-asset ratio of 23.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Iowa City Free Medical Clinic's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.6% | +23.5% | -5.8% |
| 2022 | +11.6% | +2.5% | +12.8% |
| 2021 | +38.0% | +6.2% | +7.9% |
| 2020 | -9.8% | +5.3% | +6.2% |
| 2019 | +2.2% | +14.4% | -10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa City Free Medical Clinic 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 Iowa City Free Medical Clinic 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 $110K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.2%.
Frequently Asked Questions about Iowa City Free Medical Clinic
Is Iowa City Free Medical Clinic a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa City Free Medical Clinic (EIN: 420960955) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa City Free Medical Clinic spend its money?
Detailed spending breakdown data is not yet available for Iowa City Free Medical Clinic. Check back for updated IRS 990 analysis.
Are donations to Iowa City Free Medical Clinic tax-deductible?
Iowa City Free Medical Clinic is registered as a tax-exempt nonprofit (EIN: 420960955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa City Free Medical Clinic located?
Iowa City Free Medical Clinic is headquartered in Iowa City, Iowa and files with the IRS under EIN 420960955. It is classified under NTEE code E32Z.
How many years of IRS 990 filings does Iowa City Free Medical Clinic have?
Iowa City Free Medical Clinic has 14 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Iowa City Free Medical Clinic showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Iowa City Free Medical Clinic's revenue has grown by 68.6%, moving from $410K to $692K. Total assets increased by 95.7% over the same period, from $718K to $1.4M. Total functional expenses rose by 81.1%, from $443K to $802K. In its most recent filing year (2023), Iowa City Free Medical Clinic reported a deficit of $110K, with expenses exceeding revenue. The organization holds $325K in liabilities against $1.4M in assets (debt-to-asset ratio: 23.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $692K | $802K | $1.4M | $325K | — | View 990 |
| 2022 | $906K | $649K | $1.5M | $385K | — | View 990 |
| 2021 | $812K | $633K | $1.3M | $394K | — | View 990 |
| 2020 | $589K | $596K | $1.2M | $476K | — | View 990 |
| 2019 | $652K | $566K | $1.2M | $397K | — | View 990 |
| 2018 | $638K | $495K | $1.3M | $621K | — | View 990 |
| 2017 | $488K | $431K | $1.1M | $581K | — | View 990 |
| 2016 | $511K | $435K | $1.1M | $592K | — | View 990 |
| 2015 | $482K | $427K | $1.0M | $640K | — | View 990 |
| 2014 | $421K | $406K | $971K | $635K | — | View 990 |
| 2013 | $431K | $410K | $947K | $628K | — | View 990 |
| 2012 | $439K | $399K | $935K | $637K | — | View 990 |
| 2011 | $399K | $432K | $697K | $439K | — | View 990 |
| 2010 | $410K | $443K | $718K | $427K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $692K, expenses of $802K, and assets of $1.4M (revenue -23.6% year-over-year).
- 2022: Revenue of $906K, expenses of $649K, and assets of $1.5M (revenue +11.6% year-over-year).
- 2021: Revenue of $812K, expenses of $633K, and assets of $1.3M (revenue +38.0% year-over-year).
- 2020: Revenue of $589K, expenses of $596K, and assets of $1.2M (revenue -9.8% year-over-year).
- 2019: Revenue of $652K, expenses of $566K, and assets of $1.2M (revenue +2.2% year-over-year).
- 2018: Revenue of $638K, expenses of $495K, and assets of $1.3M (revenue +30.9% year-over-year).
- 2017: Revenue of $488K, expenses of $431K, and assets of $1.1M (revenue -4.6% year-over-year).
- 2016: Revenue of $511K, expenses of $435K, and assets of $1.1M (revenue +6.1% year-over-year).
- 2015: Revenue of $482K, expenses of $427K, and assets of $1.0M (revenue +14.5% year-over-year).
- 2014: Revenue of $421K, expenses of $406K, and assets of $971K (revenue -2.4% year-over-year).
- 2013: Revenue of $431K, expenses of $410K, and assets of $947K (revenue -1.8% year-over-year).
- 2012: Revenue of $439K, expenses of $399K, and assets of $935K (revenue +10.0% year-over-year).
- 2011: Revenue of $399K, expenses of $432K, and assets of $697K (revenue -2.8% year-over-year).
- 2010: Revenue of $410K, expenses of $443K, and assets of $718K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa City Free Medical Clinic:
Data Sources and Methodology
This transparency report for Iowa City Free Medical Clinic 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.