Is Visiting Nurse Association Of Franklin Legit?

The Visiting Nurse Association Of Franklin demonstrates consistent financial operations, with revenues and expenses generally balancing out over the past decade. In the latest filing (202312), the organization reported expenses of $3,076,013 against revenues of $2,845,012, indicating a slight deficit for that period. However, this is not a consistent trend, as previous years like 202212 and 202112 showed small surpluses. The organization's assets have remained relatively stable, hovering around $3.5 million to $4 million, with $3,632,763 reported in 202312. This stability suggests a prudent approach to managing its financial resources. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to give a precise assessment. However, the consistent operational scale and the absence of reported officer compensation suggest a focus on direct service delivery rather than high executive overhead. The organization's liabilities are consistently low relative to its assets, indicating good financial health and limited reliance on debt. Transparency appears strong given the consistent filing of IRS 990s and the explicit reporting of zero officer compensation across all provided periods. This indicates that the organization is likely volunteer-led at the executive level or that compensation falls below reporting thresholds, which is a positive sign for donor confidence. Overall, the Visiting Nurse Association Of Franklin appears to be a financially stable organization with a consistent operational history.