University Of Toledo Physicians Clinical Facility Inc
University Of Toledo Physicians Clinical Facility Inc. consistently operates at over $100 million in revenue but has reported operating deficits in recent years.
EIN: 201304472 · Toledo, OH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $115.5M |
| Total Expenses | $126.0M |
| Program Spending | 90% |
| Net Assets | $27.4M |
| Transparency Score | 75/100 |
Is University Of Toledo Physicians Clinical Facility Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
University Of Toledo Physicians Clinical Facility Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About University Of Toledo Physicians Clinical Facility Inc
University Of Toledo Physicians Clinical Facility Inc (EIN: 201304472) is a nonprofit organization based in Toledo, OH. The organization reported total revenue of $115.5M and total assets of $73.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Of Toledo Physicians Clinical Facility Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
University Of Toledo Physicians Clinical Facility Inc is a major nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $114.8M |
| Total Expenses | $126.0M |
| Surplus / Deficit | $-11,262,546 |
| Total Assets | $73.3M |
| Total Liabilities | $45.9M |
| Net Assets | $27.4M |
| Operating Margin | -9.8% |
| Debt-to-Asset Ratio | 62.7% |
| Months of Reserves | 7.0 months |
Financial Health Grade: C
In 2023, University Of Toledo Physicians Clinical Facility Inc reported a deficit of $11.3M with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 62.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), University Of Toledo Physicians Clinical Facility Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.0% | +4.7% | +8.2% |
| 2022 | -0.4% | +10.3% | +1.7% |
| 2021 | +1.2% | -16.8% | +8.9% |
| 2020 | +0.3% | +16.5% | -17.0% |
| 2019 | +12.9% | +7.9% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates University Of Toledo Physicians Clinical Facility Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, University Of Toledo Physicians Clinical Facility Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 62.7%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's officers do not receive compensation directly from this entity, which is a strong positive for minimizing administrative costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of University Of Toledo Physicians Clinical Facility Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $11.2M in 2023, $4.5M in 2022).
- Significant increase in liabilities from $23.5M in 2021 to $45.9M in 2023.
Strengths
The following positive indicators were identified for University Of Toledo Physicians Clinical Facility Inc:
- Consistent revenue generation exceeding $100 million annually.
- Strong asset base, with $73.3 million in assets in 2023.
- 0% reported officer compensation, indicating efficient executive-level administrative spending.
Frequently Asked Questions about University Of Toledo Physicians Clinical Facility Inc
Is University Of Toledo Physicians Clinical Facility Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, University Of Toledo Physicians Clinical Facility Inc (EIN: 201304472) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does University Of Toledo Physicians Clinical Facility Inc spend its money?
University Of Toledo Physicians Clinical Facility Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to University Of Toledo Physicians Clinical Facility Inc tax-deductible?
University Of Toledo Physicians Clinical Facility Inc is registered as a tax-exempt nonprofit (EIN: 201304472). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of University Of Toledo Physicians Clinical Facility Inc's spending goes to programs?
University Of Toledo Physicians Clinical Facility Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is University Of Toledo Physicians Clinical Facility Inc located?
University Of Toledo Physicians Clinical Facility Inc is headquartered in Toledo, Ohio and files with the IRS under EIN 201304472.
How many years of IRS 990 filings does University Of Toledo Physicians Clinical Facility Inc have?
University Of Toledo Physicians Clinical Facility Inc 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 $115.5M in total revenue.
Is University Of Toledo Physicians Clinical Facility Inc. financially stable given recent operating deficits?
While the organization has reported operating deficits in recent years (e.g., $11.2 million in 2023 and $4.5 million in 2022), it maintains substantial assets of $73.3 million, which could provide a buffer. However, sustained deficits could impact long-term stability if not addressed.
What is the reason for the consistent 0% officer compensation?
The consistent 0% officer compensation suggests that executive leadership may be compensated by an affiliated entity, such as the University of Toledo, or serve in a voluntary capacity for this specific entity. This practice can reduce direct administrative costs for the nonprofit.
How does the organization manage its liabilities, which have increased significantly?
Liabilities have shown a notable increase, from $23.5 million in 2021 to $45.9 million in 2023. This nearly doubling of liabilities warrants further investigation to understand the nature of these obligations and the organization's strategy for managing them relative to its assets.
Filing History
IRS 990 filing history for University Of Toledo Physicians Clinical Facility Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), University Of Toledo Physicians Clinical Facility Inc's revenue has grown by 54.7%, moving from $74.2M to $114.8M. Total assets increased by 264.5% over the same period, from $20.1M to $73.3M. Total functional expenses rose by 71%, from $73.7M to $126.0M. In its most recent filing year (2023), University Of Toledo Physicians Clinical Facility Inc reported a deficit of $11.3M, with expenses exceeding revenue. The organization holds $45.9M in liabilities against $73.3M in assets (debt-to-asset ratio: 62.7%), resulting in net assets of $27.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $114.8M | $126.0M | $73.3M | $45.9M | — | View 990 |
| 2022 | $115.9M | $120.4M | $67.8M | $31.8M | — | View 990 |
| 2021 | $116.4M | $109.1M | $66.6M | $23.5M | — | View 990 |
| 2020 | $115.0M | $131.2M | $61.2M | $25.2M | — | View 990 |
| 2019 | $114.7M | $112.6M | $73.7M | $21.7M | — | View 990 |
| 2018 | $101.6M | $104.3M | $73.7M | $23.8M | — | View 990 |
| 2017 | $133.1M | $103.8M | $73.3M | $20.6M | — | View 990 |
| 2016 | $89.6M | $88.9M | $35.4M | $12.0M | — | View 990 |
| 2015 | $86.5M | $84.0M | $31.9M | $9.2M | — | View 990 |
| 2014 | $90.4M | $85.0M | $30.6M | $10.3M | — | View 990 |
| 2013 | $81.2M | $77.2M | $24.1M | $9.2M | — | View 990 |
| 2012 | $78.8M | $75.4M | $20.7M | $9.8M | — | View 990 |
| 2011 | $74.2M | $73.7M | $20.1M | $12.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $114.8M, expenses of $126.0M, and assets of $73.3M (revenue -1.0% year-over-year).
- 2022: Revenue of $115.9M, expenses of $120.4M, and assets of $67.8M (revenue -0.4% year-over-year).
- 2021: Revenue of $116.4M, expenses of $109.1M, and assets of $66.6M (revenue +1.2% year-over-year).
- 2020: Revenue of $115.0M, expenses of $131.2M, and assets of $61.2M (revenue +0.3% year-over-year).
- 2019: Revenue of $114.7M, expenses of $112.6M, and assets of $73.7M (revenue +12.9% year-over-year).
- 2018: Revenue of $101.6M, expenses of $104.3M, and assets of $73.7M (revenue -23.7% year-over-year).
- 2017: Revenue of $133.1M, expenses of $103.8M, and assets of $73.3M (revenue +48.5% year-over-year).
- 2016: Revenue of $89.6M, expenses of $88.9M, and assets of $35.4M (revenue +3.6% year-over-year).
- 2015: Revenue of $86.5M, expenses of $84.0M, and assets of $31.9M (revenue -4.3% year-over-year).
- 2014: Revenue of $90.4M, expenses of $85.0M, and assets of $30.6M (revenue +11.3% year-over-year).
- 2013: Revenue of $81.2M, expenses of $77.2M, and assets of $24.1M (revenue +3.0% year-over-year).
- 2012: Revenue of $78.8M, expenses of $75.4M, and assets of $20.7M (revenue +6.2% year-over-year).
- 2011: Revenue of $74.2M, expenses of $73.7M, and assets of $20.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for University Of Toledo Physicians Clinical Facility Inc:
Data Sources and Methodology
This transparency report for University Of Toledo Physicians Clinical Facility Inc 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.