Is Vna Home Care Of Mercer County Inc…

Quick charity verification for Vna Home Care Of Mercer County Inc (EIN: 210634500)

Red Flags

Consistent and significant operating deficits, with expenses exceeding revenue in every reported year.
Dramatic increase in liabilities, from $3.4 million in 2014 to $18.0 million in 2023, far surpassing assets.
Steep decline in revenue over the past decade, from $8.5 million in 2014 to $3.1 million in 2023.
Assets are significantly lower than liabilities, indicating a potentially insolvent financial position.

Spending Breakdown

How Vna Home Care Of Mercer County Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Vna Home Care Of Mercer County Inc

Is Vna Home Care Of Mercer County Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Vna Home Care Of Mercer County Inc (EIN: 210634500) has notable concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.

Is Vna Home Care Of Mercer County Inc a good charity to donate to?

Vna Home Care Of Mercer County Inc has a Mission Score of 30/100. Revenue: $2.6M. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Vna Home Care Of Mercer County Inc?

The Employer Identification Number (EIN) for Vna Home Care Of Mercer County Inc is 210634500. 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 Vna Home Care Of Mercer County Inc spend its money?

Vna Home Care Of Mercer County Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Vna Home Care Of Mercer County Inc's tax-exempt status?

You can verify Vna Home Care Of Mercer County Inc's tax-exempt status using EIN 210634500 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

Vna Home Care Of Mercer County Inc has experienced a significant decline in revenue over the past decade, from $8,561,985 in 2014 to $3,100,045 in 2023. This trend is concerning, as expenses have consistently outpaced revenue, leading to substantial net losses each year. For instance, in 2023, expenses were $4,894,846 against revenues of $3,100,045, indicating a deficit of over $1.7 million. The organization's liabilities have also grown dramatically, reaching $18,084,681 in 2023, far exceeding its assets of $2,121,406, which suggests a precarious financial position.

The consistent operating deficits and the increasing gap between assets and liabilities raise serious questions about the organization's long-term sustainability. While the filings indicate 0% officer compensation, which is a positive sign for resource allocation, the overall financial health appears to be deteriorating. The lack of detailed spending breakdowns in the provided data makes it difficult to assess spending efficiency beyond the top-line figures, but the persistent deficits are a major red flag.

Given the substantial and continuous financial losses, the organization's ability to maintain its programs and services at current levels is questionable. The significant increase in liabilities relative to assets further exacerbates these concerns, indicating a potential reliance on debt or other short-term financing to cover operational costs. A deeper dive into the nature of these liabilities would be crucial for a complete understanding of their financial stability.

Is Vna Home Care Of Mercer County Inc Legit?

Verdict: Vna Home Care Of Mercer County Inc has notable concerns