Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr
EIN: 426591803 · Iowa City, IA · NTEE: E19
| Metric | Value |
|---|---|
| Total Revenue | $394K |
| Total Expenses | $1.1M |
| Net Assets | $-858,678 |
Is Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr
Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr (EIN: 426591803) is a nonprofit organization based in Iowa City, IA, classified under NTEE code E19. The organization reported total revenue of $394K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-1,135,101 |
| Total Assets | $373K |
| Total Liabilities | $1.2M |
| Net Assets | $-858,678 |
| Operating Margin | -35164.2% |
| Debt-to-Asset Ratio | 330.2% |
| Months of Reserves | 3.9 months |
Financial Health Grade: C
In 2023, Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr reported a deficit of $1.1M with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 330.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr's revenue has declined at a compound annual growth rate (CAGR) of -21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -95.9% | -27.9% | -24.3% |
| 2022 | +11.7% | +2942.6% | -57.5% |
| 2021 | +145.0% | -76.6% | +6.8% |
| 2020 | -82.6% | -35.4% | -7.4% |
| 2019 | +45.5% | -24.4% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr 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 Hospital Iowa City Iowa Self Insurance Plan And Tr 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: 330.2%.
Frequently Asked Questions about Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr
Is Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr a legitimate charity?
Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr (EIN: 426591803) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $394K. No red flags identified. Financial health grade: C.
How does Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr spend its money?
Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr reported $394K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr tax-deductible?
Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr is registered as a tax-exempt nonprofit (EIN: 426591803). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr located?
Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr is headquartered in Iowa City, Iowa and files with the IRS under EIN 426591803. It is classified under NTEE code E19.
How many years of IRS 990 filings does Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr have?
Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr has 13 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 $394K in total revenue.
Filing History
IRS 990 filing history for Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr's revenue has declined by 94.8%, moving from $62K to $3K. Total assets decreased by 83.3% over the same period, from $2.2M to $373K. Total functional expenses rose by 28.2%, from $888K to $1.1M. In its most recent filing year (2023), Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $373K in assets (debt-to-asset ratio: 330.2%), resulting in net assets of $-858,678.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $1.1M | $373K | $1.2M | — | — |
| 2022 | $78K | $1.6M | $493K | $1.2M | — | — |
| 2021 | $70K | $52K | $1.2M | $1.2M | — | View 990 |
| 2020 | $28K | $222K | $1.1M | $1.6M | — | — |
| 2019 | $163K | $344K | $1.2M | $2.0M | — | View 990 |
| 2018 | $112K | $455K | $1.2M | $1.8M | — | View 990 |
| 2017 | $137K | $426K | $2.0M | $2.6M | — | — |
| 2016 | $66K | $0 | $2.2M | $2.7M | — | View 990 |
| 2015 | $128K | $738K | $2.3M | $3.4M | — | View 990 |
| 2014 | $112K | $610K | $2.5M | $2.9M | — | View 990 |
| 2013 | $58K | $591K | $2.6M | $3.9M | — | View 990 |
| 2012 | $91K | $3.3M | $2.9M | $3.8M | — | View 990 |
| 2011 | $62K | $888K | $2.2M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $1.1M, and assets of $373K (revenue -95.9% year-over-year).
- 2022: Revenue of $78K, expenses of $1.6M, and assets of $493K (revenue +11.7% year-over-year).
- 2021: Revenue of $70K, expenses of $52K, and assets of $1.2M (revenue +145.0% year-over-year).
- 2020: Revenue of $28K, expenses of $222K, and assets of $1.1M (revenue -82.6% year-over-year).
- 2019: Revenue of $163K, expenses of $344K, and assets of $1.2M (revenue +45.5% year-over-year).
- 2018: Revenue of $112K, expenses of $455K, and assets of $1.2M (revenue -17.8% year-over-year).
- 2017: Revenue of $137K, expenses of $426K, and assets of $2.0M (revenue +106.3% year-over-year).
- 2016: Revenue of $66K, expenses of $0, and assets of $2.2M (revenue -48.1% year-over-year).
- 2015: Revenue of $128K, expenses of $738K, and assets of $2.3M (revenue +13.7% year-over-year).
- 2014: Revenue of $112K, expenses of $610K, and assets of $2.5M (revenue +93.4% year-over-year).
- 2013: Revenue of $58K, expenses of $591K, and assets of $2.6M (revenue -36.4% year-over-year).
- 2012: Revenue of $91K, expenses of $3.3M, and assets of $2.9M (revenue +47.1% year-over-year).
- 2011: Revenue of $62K, expenses of $888K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr:
Data Sources and Methodology
This transparency report for Mercy Hospital Iowa City Iowa Self Insurance Plan And Tr 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.