Destin, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hope Medical Clinic Inc, founded in 2008, is a small nonprofit in the Health Care sector that reported $496K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $664K exceeded revenue, resulting in a 34% operating deficit.
The Hope Medical Clinic, in partnership with the community,provides free,quality,accessible healthcare for the working uninsured and underserved residents of Okaloosa and Walton counties. We do this in a respectful environment in which patients, health care profess- ionals, students, and community members learn from one another. We believe that health is more than absence of disease, and can be achieved by addressing the physical, mental, spiritual, and emotional needs of our patients. We strive to provide these resources as needed.
Believing in the worth of all people as created equal, Hope Medical Clinic Delivers quality healthcare and related professional services to Low-Income and uninsured families through creative...
Believing in the worth of all people as created equal, Hope Medical Clinic Delivers quality healthcare and related professional services to Low-Income and uninsured families through creative collaborative partnerships with our community. We are committed to providing free access to primary care, Laboratory services and medications to those most in need, in Okaloosa and Walton Counties in Florida. We are commmitted to deliver services in a caring supportive environment that respects the dignity of each patient as a demonstration of our faith.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $496,443 | $559,851 | -0.1% |
| Expenses | $663,891 | $723,561 | -0.1% |
| Net Income | $-167,448 | $-163,710 | +0.0% |
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 |
|---|---|---|---|---|---|---|
| Jim Allen | President | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| Timothy M Roberts | Secretary | 40.00 |
Officer
Director
|
$66,000 | $0 | $66,000 |
| Tiffany Edwards | Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Sam Traughber MD FACPFACC | Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Bruce Haught PA | Member | 5.00 |
Director
|
$0 | $0 | $0 |
| William Liston MD | Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $496,443 | $663,891 | $40,917 | $-167,448 |
| 2023 | $559,851 | $723,561 | $143,334 | $-163,710 |
| 2022 | $930,387 | $658,231 | $297,523 | $272,156 |
| 2021 | $521,125 | $596,901 | $51,451 | $-75,776 |
| 2020 | $442,678 | $521,855 | $58,951 | $-79,177 |
| 2019 | $546,028 | $580,889 | $35,921 | $-34,861 |
| 2018 | $433,382 | $410,695 | $79,625 | $22,687 |
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