Project Care Free Clinic
EIN: 273176137 · Hibbing, MN · NTEE: E32
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $225K |
| Net Assets | $305K |
Is Project Care Free Clinic Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Project Care Free Clinic
Project Care Free Clinic (EIN: 273176137) is a nonprofit organization based in Hibbing, MN, classified under NTEE code E32. The organization reported total revenue of $183K and total assets of $426K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Care Free Clinic's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Care Free Clinic is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $225K |
| Surplus / Deficit | $-21,896 |
| Total Assets | $336K |
| Total Liabilities | $31K |
| Net Assets | $305K |
| Operating Margin | -10.8% |
| Debt-to-Asset Ratio | 9.1% |
| Months of Reserves | 18.0 months |
Financial Health Grade: B
In 2023, Project Care Free Clinic reported a deficit of $22K with expenses exceeding revenue, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 9.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Project Care Free Clinic's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | +11.8% | +13.6% |
| 2022 | -4.7% | -1.2% | +27.0% |
| 2021 | -9.6% | +6.9% | +39.8% |
| 2020 | +43.6% | -8.4% | +149.3% |
| 2019 | -35.5% | -18.4% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Project Care Free 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 Project Care Free 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 $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.1%.
Frequently Asked Questions about Project Care Free Clinic
Is Project Care Free Clinic a legitimate charity?
Based on AI analysis of IRS 990 filings, Project Care Free Clinic (EIN: 273176137) insufficient data. 0 red flags identified, 0 strengths noted.
How does Project Care Free Clinic spend its money?
Detailed spending breakdown data is not yet available for Project Care Free Clinic. Check back for updated IRS 990 analysis.
Are donations to Project Care Free Clinic tax-deductible?
Project Care Free Clinic is registered as a tax-exempt nonprofit (EIN: 273176137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Project Care Free Clinic located?
Project Care Free Clinic is headquartered in Hibbing, Minnesota and files with the IRS under EIN 273176137. It is classified under NTEE code E32.
How many years of IRS 990 filings does Project Care Free Clinic have?
Project Care Free Clinic 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 $183K in total revenue.
Filing History
IRS 990 filing history for Project Care Free Clinic showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Project Care Free Clinic's revenue has grown by 80.4%, moving from $112K to $203K. Total assets increased by 741.2% over the same period, from $40K to $336K. Total functional expenses rose by 159%, from $87K to $225K. In its most recent filing year (2023), Project Care Free Clinic reported a deficit of $22K, with expenses exceeding revenue. The organization holds $31K in liabilities against $336K in assets (debt-to-asset ratio: 9.1%), resulting in net assets of $305K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $225K | $336K | $31K | — | View 990 |
| 2022 | $201K | $201K | $296K | $27K | — | View 990 |
| 2021 | $211K | $203K | $233K | $18K | — | View 990 |
| 2020 | $233K | $190K | $167K | $10K | — | View 990 |
| 2019 | $163K | $208K | $67K | $4K | — | View 990 |
| 2018 | $252K | $254K | $69K | $5K | — | View 990 |
| 2017 | $158K | $182K | $77K | $11K | — | View 990 |
| 2016 | $230K | $225K | $98K | $8K | — | View 990 |
| 2015 | $256K | $247K | $88K | $3K | — | View 990 |
| 2014 | $178K | $211K | $78K | $2K | — | View 990 |
| 2013 | $211K | $181K | $112K | $3K | — | View 990 |
| 2012 | $209K | $167K | $82K | $2K | — | View 990 |
| 2011 | $112K | $87K | $40K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $225K, and assets of $336K (revenue +0.7% year-over-year).
- 2022: Revenue of $201K, expenses of $201K, and assets of $296K (revenue -4.7% year-over-year).
- 2021: Revenue of $211K, expenses of $203K, and assets of $233K (revenue -9.6% year-over-year).
- 2020: Revenue of $233K, expenses of $190K, and assets of $167K (revenue +43.6% year-over-year).
- 2019: Revenue of $163K, expenses of $208K, and assets of $67K (revenue -35.5% year-over-year).
- 2018: Revenue of $252K, expenses of $254K, and assets of $69K (revenue +59.4% year-over-year).
- 2017: Revenue of $158K, expenses of $182K, and assets of $77K (revenue -31.4% year-over-year).
- 2016: Revenue of $230K, expenses of $225K, and assets of $98K (revenue -9.9% year-over-year).
- 2015: Revenue of $256K, expenses of $247K, and assets of $88K (revenue +43.6% year-over-year).
- 2014: Revenue of $178K, expenses of $211K, and assets of $78K (revenue -15.6% year-over-year).
- 2013: Revenue of $211K, expenses of $181K, and assets of $112K (revenue +1.0% year-over-year).
- 2012: Revenue of $209K, expenses of $167K, and assets of $82K (revenue +85.8% year-over-year).
- 2011: Revenue of $112K, expenses of $87K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Care Free Clinic:
Data Sources and Methodology
This transparency report for Project Care Free 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.