Iowa City, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INFORMED CHOICE OF IOWA CORPORATION, founded in 2007, is a small nonprofit in the Health Care sector that reported $454K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $421K left a modest 7% surplus.
Turn fear into confidence by meeting the real needs of women and men and providing strength for life's tough choices.
Our services include pregnancy and STI/STD diagnostic and treatment for men and women. This includes pregnancy testing, limited obstetrical ultrasound, pre-termination evaluations, early prenatal...
Our services include pregnancy and STI/STD diagnostic and treatment for men and women. This includes pregnancy testing, limited obstetrical ultrasound, pre-termination evaluations, early prenatal care, fetal development education, information on abortion procedures, std risk assessments, std testing, diagnosis and treatment, sexual risk avoidance education, and referrals for other local services including OB care, social services, adoption services, post abortion recovery and natural family planning. We did not hold the Restore Conference again this year, although they have been a continuation of the educational aspects of the Informed Choices Medical Clinics. In 2012 we opened our first satellite clinic in Ames, IA and in 2014 we opened our second satellite clinic in Fort Dodge, IA. In 2015 we achieved AAAHC accreditation for all our clinics and acquired our first mobile clinic. In 2017, we opened our third satellite clinic in Burlington, IA. In 2018 and 2019, we achieved AAAHC re-accreditation and began billing via major insurance carriers, Medicaid and Medicare. We added tele-health, FEMM natural family planning certified training and relationship coaching. In late 2020, we became eligible to offer presumptive Medicaid for early pre-natal care up to 16 wks. of pregnancy prior to referral to a community OB provider. In late 2020, we were awarded a CARES Act Grant for a registered RN Apprenticeship Program in Ambulatory Women's Health. We trained three nurses via this grant, and they received certification from the US Department of Labor for completion of their registered RN Apprenticeship in Ambulatory Women's Health. In 2020, we were unable to offer clinic services from late March through early August due to Covid-19 shut downs and loss of clinic staff. We have since resumed full services. We closed our Fort Dodge Clinic permanently in 2020, and divested from our clinic in Ames and donated out mobile unit to their new operation at that time. We continue to operate clinics in Burlington and Iowa City, Iowa. We have added relationship and health coaching to our service offerings in 2021. In 2023 we added 24/7 Nurse Chat services online for our patients through a subcontractor Infinite Worth and utilizing the HopeSync platform.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $453,898 | $414,996 | +0.1% |
| Expenses | $421,183 | $445,533 | -0.1% |
| Net Income | $32,715 | $-30,537 | -2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Retha Miller | Executive Director (Partial Year) | 40 |
Officer
Director
|
$32,292 | $0 | $32,292 |
| Rachel Owen | Board President | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Tom Cannon | Member | 1 |
Director
|
$0 | $0 | $0 |
| Elmer Miller | Secretary | 1.5 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $453,898 | $421,183 | $142,937 | $32,715 |
| 2022 | $414,996 | $445,533 | $91,200 | $-30,537 |
| 2021 | $480,950 | $505,513 | $132,878 | $-24,563 |
| 2020 | $772,508 | $770,320 | $103,469 | $2,188 |
| 2019 | $738,626 | $908,925 | $133,454 | $-170,299 |
| 2018 | $871,736 | $933,905 | $171,881 | $-62,169 |
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