Is Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged Legit?
Quick charity verification for Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged (EIN: 132668331)
Verdict: Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged appears trustworthy
75/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Lack of detailed expense breakdown in provided data, limiting granular analysis of spending efficiency.
0% officer compensation reported for an organization with over $30M in annual revenue, which could indicate compensation is hidden or handled by a parent entity, or that the data provided is incomplete regarding this specific aspect.
Strengths
Consistent revenue generation, demonstrating a stable funding base (e.g., $38.7M in 2015).
Expenses closely track revenue, suggesting efficient utilization of funds for operations (e.g., $37.9M expenses against $38.7M revenue in 2015).
Strong asset base relative to liabilities, indicating good solvency and financial health (e.g., $20.5M assets vs. $3.1M liabilities in 2015).
Spending Breakdown
How Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged
Is Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged a legitimate charity?
Based on AI analysis of IRS 990 filings, Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged (EIN: 132668331) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged a good charity to donate to?
Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged?
The Employer Identification Number (EIN) for Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged is 132668331. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged spend its money?
Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged's tax-exempt status?
You can verify Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged's tax-exempt status using EIN 132668331 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Palisade Nursing Home Company Inc, operating as part of the Hebrew Home For The Aged, demonstrates a consistent operational profile over the past five years. The organization consistently generates substantial revenue, ranging from $33.8 million to $38.7 million, with expenses closely tracking revenue, indicating a focus on utilizing funds for its stated purpose. For instance, in 2015, revenue was $38,753,610 against expenses of $37,974,369, showing a tight operational margin. The organization's asset base has remained stable, hovering around $20-22 million, suggesting a solid financial foundation. Liabilities have fluctuated but are well-covered by assets, indicating good solvency.
While the provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, the close alignment of revenue and expenses across multiple years suggests that the majority of funds are being deployed for operational activities. The consistent reporting of 0% officer compensation across all filings is a notable point regarding executive remuneration, indicating either no paid officers or that compensation is handled by the parent organization. The lack of detailed expense categories in the provided summary limits a deeper analysis of spending efficiency and transparency beyond the top-line figures.
Overall, the financial data suggests a stable and operationally focused entity. The consistent revenue generation and expense utilization, coupled with a healthy asset-to-liability ratio, point to a financially sound organization. However, without more granular expense data, a precise assessment of spending efficiency and program impact is challenging. The zero officer compensation is a positive indicator of resource allocation, assuming leadership is adequately compensated through other means or volunteer efforts.