Mercy Healthcare Foundation Clinton
EIN: 421316126 · Clinton, IA · NTEE: E21
| Metric | Value |
|---|---|
| Total Revenue | $891K |
| Total Expenses | $298K |
| Net Assets | $5.9M |
Is Mercy Healthcare Foundation Clinton Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mercy Healthcare Foundation Clinton
Mercy Healthcare Foundation Clinton (EIN: 421316126) is a nonprofit organization based in Clinton, IA, classified under NTEE code E21. The organization reported total revenue of $891K and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Healthcare Foundation Clinton's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Healthcare Foundation Clinton is a small nonprofit that has been operating for 4 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $320K |
| Total Expenses | $298K |
| Surplus / Deficit | +$22K |
| Total Assets | $6.0M |
| Total Liabilities | $95K |
| Net Assets | $5.9M |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 241.5 months |
Financial Health Grade: A
In 2023, Mercy Healthcare Foundation Clinton reported a surplus of $22K with revenue exceeding expenses, holds 241.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Mercy Healthcare Foundation Clinton's revenue has declined at a compound annual growth rate (CAGR) of -7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.0% | -69.2% | +6.2% |
| 2022 | +33.3% | -45.5% | -18.4% |
| 2021 | +8.0% | +1876.3% | -7.4% |
| 2020 | -65.7% | -11.7% | +2.9% |
| 2019 | +20.7% | -65.5% | +17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mercy Healthcare Foundation Clinton 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 Mercy Healthcare Foundation Clinton 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 $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Mercy Healthcare Foundation Clinton
Is Mercy Healthcare Foundation Clinton a legitimate charity?
Mercy Healthcare Foundation Clinton (EIN: 421316126) is a registered tax-exempt nonprofit based in Iowa. It has 12 years of IRS 990 filings on record. Total revenue: $891K. No red flags identified. Financial health grade: A.
How does Mercy Healthcare Foundation Clinton spend its money?
Mercy Healthcare Foundation Clinton reported $891K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mercy Healthcare Foundation Clinton tax-deductible?
Mercy Healthcare Foundation Clinton is registered as a tax-exempt nonprofit (EIN: 421316126). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mercy Healthcare Foundation Clinton located?
Mercy Healthcare Foundation Clinton is headquartered in Clinton, Iowa and files with the IRS under EIN 421316126. It is classified under NTEE code E21.
How many years of IRS 990 filings does Mercy Healthcare Foundation Clinton have?
Mercy Healthcare Foundation Clinton 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 $891K in total revenue.
Filing History
IRS 990 filing history for Mercy Healthcare Foundation Clinton showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Mercy Healthcare Foundation Clinton's revenue has declined by 58.1%, moving from $766K to $320K. Total assets increased by 44.9% over the same period, from $4.1M to $6.0M. Total functional expenses fell by 3.1%, from $308K to $298K. In its most recent filing year (2023), Mercy Healthcare Foundation Clinton reported a surplus of $22K, with revenue exceeding expenses. The organization holds $95K in liabilities against $6.0M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $320K | $298K | $6.0M | $95K | — | — |
| 2022 | $552K | $970K | $5.7M | $9K | — | View 990 |
| 2021 | $414K | $1.8M | $6.9M | $69K | — | — |
| 2020 | $384K | $90K | $7.5M | $3K | — | View 990 |
| 2019 | $1.1M | $102K | $7.3M | $21K | — | View 990 |
| 2018 | $926K | $295K | $6.2M | $30K | — | View 990 |
| 2017 | $1.2M | $268K | $5.5M | $20K | — | View 990 |
| 2016 | $329K | $556K | $4.1M | $17K | — | View 990 |
| 2015 | $645K | $821K | $4.5M | $22K | — | View 990 |
| 2013 | $616K | $605K | $4.3M | $8K | — | View 990 |
| 2012 | $482K | $308K | $4.2M | $0 | — | View 990 |
| 2011 | $766K | $308K | $4.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $320K, expenses of $298K, and assets of $6.0M (revenue -42.0% year-over-year).
- 2022: Revenue of $552K, expenses of $970K, and assets of $5.7M (revenue +33.3% year-over-year).
- 2021: Revenue of $414K, expenses of $1.8M, and assets of $6.9M (revenue +8.0% year-over-year).
- 2020: Revenue of $384K, expenses of $90K, and assets of $7.5M (revenue -65.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $102K, and assets of $7.3M (revenue +20.7% year-over-year).
- 2018: Revenue of $926K, expenses of $295K, and assets of $6.2M (revenue -23.5% year-over-year).
- 2017: Revenue of $1.2M, expenses of $268K, and assets of $5.5M (revenue +268.0% year-over-year).
- 2016: Revenue of $329K, expenses of $556K, and assets of $4.1M (revenue -49.0% year-over-year).
- 2015: Revenue of $645K, expenses of $821K, and assets of $4.5M (revenue +4.8% year-over-year).
- 2013: Revenue of $616K, expenses of $605K, and assets of $4.3M (revenue +27.7% year-over-year).
- 2012: Revenue of $482K, expenses of $308K, and assets of $4.2M (revenue -37.0% year-over-year).
- 2011: Revenue of $766K, expenses of $308K, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Healthcare Foundation Clinton:
Data Sources and Methodology
This transparency report for Mercy Healthcare Foundation Clinton 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.