Spectrum Health Care
EIN: 431633822 · Columbia, MO · NTEE: G81Z
| Metric | Value |
|---|---|
| Total Revenue | $258K |
| Total Expenses | $1.9M |
| Net Assets | $350K |
Is Spectrum Health Care Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spectrum Health Care
Spectrum Health Care (EIN: 431633822) is a nonprofit organization based in Columbia, MO, classified under NTEE code G81Z. The organization reported total revenue of $258K and total assets of $321K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spectrum Health Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spectrum Health Care is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-676,880 |
| Total Assets | $466K |
| Total Liabilities | $117K |
| Net Assets | $350K |
| Operating Margin | -57.3% |
| Debt-to-Asset Ratio | 25.0% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2022, Spectrum Health Care reported a deficit of $677K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 25.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2010–2022), Spectrum Health Care's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -29.1% | +21.4% | -52.5% |
| 2021 | -14.2% | -31.7% | -10.8% |
| 2019 | -100.0% | -100.0% | -87.6% |
| 2018 | -50.6% | -43.3% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spectrum Health Care 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 Spectrum Health Care 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $677K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.0%.
Frequently Asked Questions about Spectrum Health Care
Is Spectrum Health Care a legitimate charity?
Spectrum Health Care (EIN: 431633822) is a registered tax-exempt nonprofit based in Missouri. It has 13 years of IRS 990 filings on record. Total revenue: $258K. No red flags identified. Financial health grade: B.
How does Spectrum Health Care spend its money?
Spectrum Health Care reported $258K 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 Spectrum Health Care tax-deductible?
Spectrum Health Care is registered as a tax-exempt nonprofit (EIN: 431633822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spectrum Health Care located?
Spectrum Health Care is headquartered in Columbia, Missouri and files with the IRS under EIN 431633822. It is classified under NTEE code G81Z.
How many years of IRS 990 filings does Spectrum Health Care have?
Spectrum Health Care 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 $258K in total revenue.
Filing History
IRS 990 filing history for Spectrum Health Care showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Spectrum Health Care's revenue has grown by 78.8%, moving from $661K to $1.2M. Total assets increased by 80.3% over the same period, from $259K to $466K. Total functional expenses rose by 161.9%, from $710K to $1.9M. In its most recent filing year (2022), Spectrum Health Care reported a deficit of $677K, with expenses exceeding revenue. The organization holds $117K in liabilities against $466K in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $350K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.2M | $1.9M | $466K | $117K | — | View 990 |
| 2021 | $1.7M | $1.5M | $981K | $56K | — | View 990 |
| 2020 | $1.9M | $2.2M | $1.1M | $253K | — | — |
| 2019 | $0 | $0 | $209K | $0 | — | View 990 |
| 2018 | $995K | $848K | $1.7M | $43K | — | View 990 |
| 2017 | $2.0M | $1.5M | $1.6M | $47K | — | View 990 |
| 2016 | $1.8M | $1.2M | $1.0M | $70K | — | View 990 |
| 2015 | $1.1M | $1.1M | $345K | $42K | — | View 990 |
| 2014 | $942K | $969K | $359K | $37K | — | View 990 |
| 2013 | $960K | $971K | $337K | $37K | — | View 990 |
| 2012 | $844K | $786K | $337K | $27K | — | View 990 |
| 2011 | $760K | $732K | $269K | $11K | — | View 990 |
| 2010 | $661K | $710K | $259K | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.2M, expenses of $1.9M, and assets of $466K (revenue -29.1% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.5M, and assets of $981K (revenue -14.2% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.2M, and assets of $1.1M.
- 2019: Revenue of $0, expenses of $0, and assets of $209K (revenue -100.0% year-over-year).
- 2018: Revenue of $995K, expenses of $848K, and assets of $1.7M (revenue -50.6% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.5M, and assets of $1.6M (revenue +9.7% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.2M, and assets of $1.0M (revenue +61.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $345K (revenue +20.5% year-over-year).
- 2014: Revenue of $942K, expenses of $969K, and assets of $359K (revenue -1.9% year-over-year).
- 2013: Revenue of $960K, expenses of $971K, and assets of $337K (revenue +13.7% year-over-year).
- 2012: Revenue of $844K, expenses of $786K, and assets of $337K (revenue +11.1% year-over-year).
- 2011: Revenue of $760K, expenses of $732K, and assets of $269K (revenue +14.9% year-over-year).
- 2010: Revenue of $661K, expenses of $710K, and assets of $259K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spectrum Health Care:
Data Sources and Methodology
This transparency report for Spectrum Health Care 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.