Quality Health Associates Of North Dakota
EIN: 450321923 · Minot, ND · NTEE: E00D
Is Quality Health Associates Of North Dakota Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Quality Health Associates Of North Dakota
Quality Health Associates Of North Dakota (EIN: 450321923) is a nonprofit organization based in Minot, ND, classified under NTEE code E00D. The organization reported total revenue of $1.4M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quality Health Associates Of North Dakota's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quality Health Associates Of North Dakota is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$26K |
| Total Assets | $2.2M |
| Total Liabilities | $219K |
| Net Assets | $1.9M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 10.2% |
| Months of Reserves | 11.9 months |
Financial Health Grade: A
In 2023, Quality Health Associates Of North Dakota reported a surplus of $26K with revenue exceeding expenses, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Quality Health Associates Of North Dakota's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.0% | +7.2% | +6.4% |
| 2022 | -8.4% | +13.5% | -13.8% |
| 2021 | -9.8% | -35.0% | +3.2% |
| 2020 | -21.0% | -1.4% | -11.7% |
| 2019 | +2.5% | -0.1% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Quality Health Associates Of North Dakota 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 Quality Health Associates Of North Dakota 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 $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.2%.
Frequently Asked Questions about Quality Health Associates Of North Dakota
Is Quality Health Associates Of North Dakota a legitimate charity?
Based on AI analysis of IRS 990 filings, Quality Health Associates Of North Dakota (EIN: 450321923) insufficient data. 0 red flags identified, 0 strengths noted.
How does Quality Health Associates Of North Dakota spend its money?
Detailed spending breakdown data is not yet available for Quality Health Associates Of North Dakota. Check back for updated IRS 990 analysis.
Are donations to Quality Health Associates Of North Dakota tax-deductible?
Quality Health Associates Of North Dakota is registered as a tax-exempt nonprofit (EIN: 450321923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Quality Health Associates Of North Dakota showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Quality Health Associates Of North Dakota's revenue has grown by 8.6%, moving from $2.0M to $2.2M. Total assets increased by 22.9% over the same period, from $1.8M to $2.2M. Total functional expenses fell by 1.9%, from $2.2M to $2.2M. In its most recent filing year (2023), Quality Health Associates Of North Dakota reported a surplus of $26K, with revenue exceeding expenses. The organization holds $219K in liabilities against $2.2M in assets (debt-to-asset ratio: 10.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.2M | $2.2M | $219K | — | View 990 |
| 2022 | $1.9M | $2.0M | $2.0M | $131K | — | View 990 |
| 2021 | $2.1M | $1.8M | $2.3M | $223K | — | View 990 |
| 2020 | $2.3M | $2.7M | $2.3M | $377K | — | View 990 |
| 2019 | $2.9M | $2.8M | $2.6M | $184K | — | View 990 |
| 2018 | $2.9M | $2.8M | $2.4M | $202K | — | View 990 |
| 2017 | $2.7M | $2.7M | $2.3M | $188K | — | View 990 |
| 2016 | $2.5M | $2.5M | $2.2M | $178K | — | View 990 |
| 2015 | $2.2M | $2.4M | $2.1M | $183K | — | View 990 |
| 2014 | $2.8M | $2.8M | $2.2M | $170K | — | View 990 |
| 2013 | $2.9M | $2.8M | $2.2M | $161K | — | View 990 |
| 2012 | $2.8M | $2.6M | $2.0M | $144K | — | View 990 |
| 2011 | $2.0M | $2.2M | $1.8M | $123K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.2M, and assets of $2.2M (revenue +15.0% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.0M, and assets of $2.0M (revenue -8.4% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.8M, and assets of $2.3M (revenue -9.8% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.7M, and assets of $2.3M (revenue -21.0% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.8M, and assets of $2.6M (revenue +2.5% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.8M, and assets of $2.4M (revenue +4.2% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.7M, and assets of $2.3M (revenue +8.5% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.5M, and assets of $2.2M (revenue +12.7% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.4M, and assets of $2.1M (revenue -18.9% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.8M, and assets of $2.2M (revenue -4.8% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $2.2M (revenue +4.5% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.6M, and assets of $2.0M (revenue +37.6% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.2M, and assets of $1.8M.
Data Sources and Methodology
This transparency report for Quality Health Associates Of North Dakota 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.