Is Visiting Nurse Association Foundaton Inc Legit?
Quick charity verification for Visiting Nurse Association Foundaton Inc (EIN: 222581936)
Verdict: Visiting Nurse Association Foundaton Inc appears trustworthy
75/100Mission Score
$41.6MRevenue
$63.7MAssets
3Red Flags
2Strengths
Red Flags
Revenue jumped from $1,034,321 in 2022 to $47,695,480 in 2023, a 4500% increase, without clear explanation in the provided data.
The significant increase in revenue is not mirrored by a proportional increase in expenses, which only rose from $518,084 to $792,813 in the same period, suggesting a large accumulation of assets or a one-time event.
The organization's website lacks detailed financial reports or explanations for the dramatic revenue shift.
Strengths
Consistent asset growth over several years, from $28,860,613 in 2018 to $56,404,466 in 2023 (excluding the 2023 revenue spike's impact on assets).
Low fundraising costs relative to the 2023 revenue, indicating efficient capital acquisition if the revenue is recurring.
Spending Breakdown
How Visiting Nurse Association Foundaton Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
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 Visiting Nurse Association Foundaton Inc
Is Visiting Nurse Association Foundaton Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Visiting Nurse Association Foundaton Inc (EIN: 222581936) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 2 strengths noted.
Is Visiting Nurse Association Foundaton Inc a good charity to donate to?
Visiting Nurse Association Foundaton Inc has a Mission Score of 75/100. Revenue: $41.6M. Assets: $63.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Visiting Nurse Association Foundaton Inc?
The Employer Identification Number (EIN) for Visiting Nurse Association Foundaton Inc is 222581936. 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 Visiting Nurse Association Foundaton Inc spend its money?
Visiting Nurse Association Foundaton Inc allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Visiting Nurse Association Foundaton Inc's tax-exempt status?
You can verify Visiting Nurse Association Foundaton Inc's tax-exempt status using EIN 222581936 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
Visiting Nurse Association Foundaton Inc is a health care nonprofit based in Lynn, Massachusetts, with reported revenue of $41.6M and assets of $63.7M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. • The organization's 990 filings are publicly accessible, providing basic financial data.
• Detailed program descriptions and impact reports are not readily available on their website, limiting insight into how funds are utilized. Executive compensation details are not explicitly provided in the available data, making a specific assessment impossible without further information. Revenue has grown +765% across 13 filing periods.