Hopelight Medical Clinic
Longmont, Colorado
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,181,390โ10% | $5,500,320โ9% | $522,307โ33% | |
| 2022 | $4,701,289โ13% | $5,042,976โ6% | $780,764โ28% | โ |
| 2021 | $4,151,967โ4% | $4,737,581โ34% | $1,085,503โ16% | โ |
| 2020 | $4,330,945โ73% | $3,528,154โ50% | $1,285,313โ312% | โ |
| 2019 | $2,501,677โ8% | $2,351,890โ31% | $311,963โ77% | โ |
| 2018 | $2,711,634โ125% | $1,792,987โ57% | $176,174โ53% | โ |
| 2017 | $1,205,219โ34% | $1,139,324โ29% | $115,447โ133% | โ |
| 2016 | $899,918โ26% | $881,299โ26% | $49,552โ166% | โ |
| 2015 | $711,905 | $697,720 | $18,648 | โ |
Frequently Asked Questions
What does Hopelight Medical Clinic do?โผ
Hopelight Medical Clinic is a human services nonprofit organization based in Colorado. It is classified under NTEE code P40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hopelight Medical Clinic financially healthy?โผ
Based on our 9-metric Financial Health Score model, Hopelight Medical Clinic has a score of 44/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Hopelight Medical Clinic generate?โผ
Hopelight Medical Clinic reports $5.9M in annual revenue and holds $568K in total assets, based on IRS filings.
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