Is Visiting Nurse Association Health Care Services Inc Legit?
Quick charity verification for Visiting Nurse Association Health Care Services Inc (EIN: 135562377)
Verdict: Visiting Nurse Association Health Care Services Inc shows mixed signals
45/100Mission Score
$5.2MRevenue
$1.8MAssets
5Red Flags
2Strengths
Red Flags
Significant and consistent operating deficits, with expenses exceeding revenue in most recent periods.
Sharp decline in revenue from $10,066,002 in 2022 to $5,367,516 in 2023.
Liabilities ($7,544,832 in 2023) significantly exceed assets ($2,629,332 in 2023), indicating negative net assets.
Long-term trend of increasing liabilities relative to assets over several years.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes efficiency assessment difficult.
Strengths
Long operational history with 13 IRS 990 filings.
Consistent reporting of 0% officer compensation, suggesting transparency in this area.
Spending Breakdown
How Visiting Nurse Association Health Care Services Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Health Care Services Inc
Is Visiting Nurse Association Health Care Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Visiting Nurse Association Health Care Services Inc (EIN: 135562377) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
Is Visiting Nurse Association Health Care Services Inc a good charity to donate to?
Visiting Nurse Association Health Care Services Inc has a Mission Score of 45/100. Revenue: $5.2M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Visiting Nurse Association Health Care Services Inc?
The Employer Identification Number (EIN) for Visiting Nurse Association Health Care Services Inc is 135562377. 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 Health Care Services Inc spend its money?
Visiting Nurse Association Health Care Services Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Visiting Nurse Association Health Care Services Inc's tax-exempt status?
You can verify Visiting Nurse Association Health Care Services Inc's tax-exempt status using EIN 135562377 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 Health Care Services Inc has experienced a significant decline in revenue and an increase in liabilities in its most recent filing period (202312). Revenue dropped from $10,066,002 in 2022 to $5,367,516 in 2023, while expenses remained high at $9,909,056, leading to a substantial deficit. This trend is concerning, as the organization has consistently reported expenses exceeding revenue in most of its recent filings, indicating a pattern of operating at a loss. The liabilities have also surged to $7,544,832 in 2023, far exceeding its assets of $2,629,332, which raises questions about its long-term financial stability.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent operating deficits suggest that current spending levels are not sustainable given the declining revenue. The lack of reported officer compensation across all filings indicates a potential for high transparency in this specific area, or that compensation is structured differently and not reported under 'Officer Comp'. However, the overall financial health appears to be deteriorating, which could impact its ability to deliver on its mission.
While the organization has a long filing history, the recent financial performance, particularly the sharp drop in revenue and the growing liabilities, warrants close scrutiny. A deeper dive into the allocation of its expenses would be crucial to understand its operational efficiency and whether it is prioritizing program delivery effectively amidst its financial challenges. The significant negative net assets in the latest period are a major red flag for its financial viability.