GOOD NEIGHBOR FREE MEDICAL CLINIC OF BEAUFORT

EIN: 260335357 501(c)(3) Health Care

BEAUFORT, SC

Total Revenue
$726,634
Total Expenses
$555,605
Total Assets
$955,767
Net Assets
$953,603
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
SC
Principal Officer
JAMES GRIMSLEY
Phone
8434709088
Tax Period
2023-01-01 to 2023-12-31

GOOD NEIGHBOR FREE MEDICAL CLINIC OF BEAUFORT, founded in 2007, is a small nonprofit in the Health Care sector that reported $727K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $171K, a strong 24% operating margin.

Mission

OUR MISSION IS TO PROVIDE A MEDICAL HOME TO UNINSURED, ELIGIBLE ADULTS IN OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $475,326

THE CLINIC PROVIDES A WIDE RANGE OF MEDICAL SERVICES INCLUDING PHYSICAL EXAMS, MANAGEMENT OF CHRONIC ILLNESS, DIAGNOSIS AND TREATMENT OF ACUTE ILLNESS, AND PRESCRIPTION ASSISTANCE. THE CLINIC ALSO...

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THE CLINIC PROVIDES A WIDE RANGE OF MEDICAL SERVICES INCLUDING PHYSICAL EXAMS, MANAGEMENT OF CHRONIC ILLNESS, DIAGNOSIS AND TREATMENT OF ACUTE ILLNESS, AND PRESCRIPTION ASSISTANCE. THE CLINIC ALSO PROVIDES IN-HOUSE SPECIALTY CARE INCLUDING CARDIOLOGY, GASTROENTEROLOGY, GYNECOLOGY, ENT SERVICES, PHYSICAL THERAPY, PODIATRY, GENERAL SURGERY, AND DIABETIC AND NUTRITION EDUCATION. OTHER SPECIALTY CARE IS PROVIDED THROUGH OUTSIDE REFERRALS. DURING 2023, THE CLINIC HAD 3,626 PATIENT MEDICAL VISITS, 2,942 LAB AND IMAGING SERVICES REFERRED, 872 PATIENT REFERRALS TO SPECIALTY CARE, AND ASSISTED 693 PATIENTS WITH PRESCRIPTION ACCESS. THESE RESULTS WERE MADE POSSIBLE IN PART BY THE 103 HEALTHCARE PROFESSIONALS AND VOLUNTEER ADMIN WHO DONATED OVER 9,800 HOURS OF SERVICES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $700,159
Program Service Revenue $0
Investment Income $11,411
Other Revenue $15,064
TOTAL REVENUE $726,634

Expense Breakdown

Grants Paid $27,705
Salaries & Benefits $374,427
Fundraising Expenses $41,644
Program Expenses $475,326
Other Expenses $153,473
TOTAL EXPENSES $555,605

Year-over-Year Comparison

2023 2022 Change
Revenue $726,634 $577,131 +0.3%
Expenses $555,605 $474,603 +0.2%
Net Income $171,029 $102,528 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
11
Volunteers
103

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$94,151
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASSI KILPATRICK EXECUTIVE DI 45.00
Officer
$82,363 $788 $83,151
STEVEN KESSEL MEDICAL DIRE 8.00
Officer
$11,000 $0 $11,000
JAMES GRIMSLEY CHAIR 3.00
Officer Director
$0 $0 $0
LISA WILT VICE CHAIR 9.00
Officer Director
$0 $0 $0
ALICE MOSS TREASURER 2.00
Officer Director
$0 $0 $0
SUSIE ROOS SECRETARY 4.00
Officer Director
$0 $0 $0
KATHY BAXLEY DIRECTOR 2.00
Director
$0 $0 $0
KAREN CARROLL DIRECTOR 1.00
Director
$0 $0 $0
ANN NOBLES DIRECTOR 1.00
Director
$0 $0 $0
FRED WASHINGTON JR DIRECTOR 2.00
Director
$0 $0 $0
DANA WHEELER DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $726,634 $555,605 $955,767 $171,029
2022 $577,131 $474,603 $783,904 $102,528
2021 $435,772 $501,692 $680,463 $-65,920
2020 $639,142 $380,728 $748,978 $258,414
2019 $387,289 $291,374 $487,107 $95,915
2018 $762,046 $745,091 $394,162 $16,955
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