FREE CLINICS OF IOWA INC

EIN: 421428706 501(c)(3) Health Care

DES MOINES, IA

Total Revenue
$447,520
Total Expenses
$422,419
Total Assets
$812,868
Net Assets
$803,964
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IA
Principal Officer
STEPHEN ECKSTAT DO
Phone
5159547508
Tax Period
2024-07-01 to 2025-06-30

FREE CLINICS OF IOWA INC, founded in 1994, is a small nonprofit in the Health Care sector that reported $448K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $422K left a modest 6% surplus.

Mission

FREE CLINICS OF IOWA'S MISSION IS TO FACILITATE THE INITIATION, OPERATION, AND COLLABORATION OF FREE MEDICAL CLINICS IN THE STATE OF IOWA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $442,281
Program Service Revenue $1,973
Investment Income $3,266
Other Revenue $0
TOTAL REVENUE $447,520

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $412,076
Other Expenses $422,419
TOTAL EXPENSES $422,419

Year-over-Year Comparison

2024 2023 Change
Revenue $447,520 $471,198 -0.1%
Expenses $422,419 $495,058 -0.1%
Net Income $25,101 $-23,860 -2.1%
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
14
Independent Members
14
Employees
N/A
Volunteers
2200

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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN ECKSTAT DO PRESIDENT N/A
Officer Director
$0 $0 $0
WENDY GRAY MS EXECUTIVE DI N/A
Director
$0 $0 $0
KENNETH BUTTERS JD SECRETARY N/A
Officer Director
$0 $0 $0
LARRY SEVERIDT MD VICE PRESIDE N/A
Officer Director
$0 $0 $0
JAMES BLESSMAN MD DIRECTOR N/A
Director
$0 $0 $0
JAMES HAYES DMIN M DIV DIRECTOR N/A
Director
$0 $0 $0
TESS YOUNG JD DIRECTOR N/A
Director
$0 $0 $0
KARL VILUMS TREASURER N/A
Officer Director
$0 $0 $0
LOIS CRILLY DIRECTOR N/A
Director
$0 $0 $0
BILLIE WADE MS DIRECTOR N/A
Director
$0 $0 $0
BOB RUSSELL DDS MPH DIRECTOR N/A
Director
$0 $0 $0
SCOTT GEISTKEMPER DIRECTOR N/A
Director
$0 $0 $0
DANIELLE SLIFKA MBA DIRECTOR N/A
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
2025 $447,520 $422,419 $812,868 $25,101
2024 $471,198 $495,058 $798,961 $-23,860
2023 $614,646 $506,212 $802,954 $108,434
2022 $624,456 $497,417 $695,566 $127,039
2021 $452,003 $373,480 $567,310 $78,523
2020 $387,655 $380,832 $506,388 $6,823
2018 $370,086 $381,302 $425,032 $-11,216
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