AI Transparency Report
Visiting Nurse Services In Westchester Inc has experienced a significant decline in revenue and assets over the past few years, raising concerns about its long-term financial stability. Revenue dropped from a peak of $33,295,943 in 2015 to $11,180,687 in 2023, a decrease of approximately 66%. Similarly, assets have fallen from $13,528,850 in 2020 to $3,457,761 in 2023. The organization has consistently reported expenses exceeding revenue in recent years, notably in 2023 ($13,250,242 expenses vs. $11,180,687 revenue) and 2022 ($16,816,777 expenses vs. $14,771,724 revenue), indicating operational deficits. While the provided data does not detail program, administrative, or fundraising spending ratios, the consistent operational losses suggest potential challenges in maintaining service levels or managing costs effectively. The absence of reported officer compensation is a positive indicator for transparency regarding executive pay, but the overall financial trend warrants close monitoring.