Is Nursing Sisters Home Care Legit?

Quick charity verification for Nursing Sisters Home Care (EIN: 113403968)

Verdict: Nursing Sisters Home Care appears trustworthy

70/100Mission Score
$404.4MRevenue
$436.8MAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Nursing Sisters Home Care exhibits highly volatile financial performance over the past decade, with revenues fluctuating significantly from $30 million to over $150 million in various years. The latest reported revenue of $404,361,742 and assets of $436,821,371 indicate a substantial organization. However, the organization has frequently reported expenses exceeding revenue in multiple periods, such as in 202112 where expenses were $36,115,736 against revenues of $30,450,419, and in 201912 where expenses were $111,050,405 against revenues of $97,596,624. This consistent operational deficit in several years raises concerns about long-term financial sustainability, despite the recent large revenue figure. The organization's liabilities have also frequently exceeded its assets, indicating a potentially precarious financial position in some periods, for example, in 202212 where liabilities were $456,512,252 against assets of $381,417,659. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead in this specific area, which is a positive indicator for transparency regarding executive pay.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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