Bon Secours St Petersburg Home Care Services Llc
Bon Secours St Petersburg Home Care Services Llc frequently operates at a deficit with liabilities exceeding assets.
EIN: 134334363 · St Petersburg, FL · Updated: 2026-03-28
Is Bon Secours St Petersburg Home Care Services Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bon Secours St Petersburg Home Care Services Llc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bon Secours St Petersburg Home Care Services Llc
Bon Secours St Petersburg Home Care Services Llc (EIN: 134334363) is a nonprofit organization based in St Petersburg, FL. The organization reported total revenue of $3.7M and total assets of $852K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bon Secours St Petersburg Home Care Services Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bon Secours St Petersburg Home Care Services Llc is a mid-size nonprofit that has been operating for 80 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-227,401 |
| Total Assets | $752K |
| Total Liabilities | $2.3M |
| Net Assets | $-1,592,609 |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 311.8% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2018, Bon Secours St Petersburg Home Care Services Llc reported a deficit of $227K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 311.8% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Bon Secours St Petersburg Home Care Services Llc's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -4.0% | -11.1% | -26.6% |
| 2017 | -11.1% | +4.2% | -6.2% |
| 2016 | +14.1% | +26.4% | +18.2% |
| 2015 | +42.7% | +24.1% | +68.5% |
| 2014 | +65.4% | +20.4% | +33.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bon Secours St Petersburg Home Care Services Llc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bon Secours St Petersburg Home Care Services Llc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $227K, with expenses exceeding revenue.
- Debt-to-asset ratio: 311.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which suggests either no direct compensation to officers or that compensation is reported under other expense categories, limiting transparency on executive pay relative to the organization's size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bon Secours St Petersburg Home Care Services Llc's IRS 990 filings:
- Consistent operational deficits (e.g., 201808: $3,915,617 expenses vs. $3,688,216 revenue)
- Liabilities significantly exceed assets (e.g., 201808: $2,344,373 liabilities vs. $751,764 assets)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unclear executive compensation reporting (0% officer comp across all filings)
Strengths
The following positive indicators were identified for Bon Secours St Petersburg Home Care Services Llc:
- Consistent revenue generation over several years (e.g., latest revenue $3,662,077)
- Long operational history with 8 IRS 990 filings
- No reported officer compensation, potentially indicating low overhead in this specific area
Frequently Asked Questions about Bon Secours St Petersburg Home Care Services Llc
Is Bon Secours St Petersburg Home Care Services Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bon Secours St Petersburg Home Care Services Llc (EIN: 134334363) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Bon Secours St Petersburg Home Care Services Llc spend its money?
Bon Secours St Petersburg Home Care Services Llc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bon Secours St Petersburg Home Care Services Llc tax-deductible?
Bon Secours St Petersburg Home Care Services Llc is registered as a tax-exempt nonprofit (EIN: 134334363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bon Secours St Petersburg Home Care Services Llc financially sustainable given its recurring deficits?
The organization has frequently reported expenses exceeding revenue, such as in 201808 ($3,915,617 expenses vs. $3,688,216 revenue) and 201708 ($4,403,775 expenses vs. $3,843,173 revenue). This pattern raises concerns about long-term financial sustainability without additional funding sources or operational adjustments.
Why are liabilities consistently much higher than assets?
Liabilities have consistently outweighed assets, for example, $2,344,373 in liabilities versus $751,764 in assets in 201808. This indicates a significant debt burden or a complex financial structure that relies heavily on borrowed funds or other obligations.
How does the organization cover its operational deficits?
With expenses frequently exceeding revenue, the organization likely covers its operational deficits through drawing down reserves, receiving grants, or other forms of financial support not explicitly detailed in the provided revenue figures.
What is the breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to precisely assess spending efficiency in these areas.
Who are the officers and how are they compensated if 'Officer Comp' is 0%?
The consistent reporting of 0% for 'Officer Comp' across all filings suggests that either the organization's officers are not compensated, or their compensation is reported under different expense lines, which reduces transparency regarding leadership remuneration.
Filing History
IRS 990 filing history for Bon Secours St Petersburg Home Care Services Llc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Bon Secours St Petersburg Home Care Services Llc's revenue has grown by 135.1%, moving from $1.6M to $3.7M. Total assets increased by 69.1% over the same period, from $445K to $752K. Total functional expenses rose by 118.3%, from $1.8M to $3.9M. In its most recent filing year (2018), Bon Secours St Petersburg Home Care Services Llc reported a deficit of $227K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $752K in assets (debt-to-asset ratio: 311.8%), resulting in net assets of $-1,592,609.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $3.7M | $3.9M | $752K | $2.3M | — | View 990 |
| 2017 | $3.8M | $4.4M | $1.0M | $2.4M | — | View 990 |
| 2016 | $4.3M | $4.2M | $1.1M | $1.9M | — | View 990 |
| 2015 | $3.8M | $3.3M | $924K | $1.8M | — | View 990 |
| 2014 | $2.7M | $2.7M | $548K | $1.9M | — | View 990 |
| 2013 | $1.6M | $2.2M | $410K | $1.7M | — | View 990 |
| 2012 | $2.4M | $2.4M | $1.6M | $2.2M | — | View 990 |
| 2011 | $1.6M | $1.8M | $445K | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $3.7M, expenses of $3.9M, and assets of $752K (revenue -4.0% year-over-year).
- 2017: Revenue of $3.8M, expenses of $4.4M, and assets of $1.0M (revenue -11.1% year-over-year).
- 2016: Revenue of $4.3M, expenses of $4.2M, and assets of $1.1M (revenue +14.1% year-over-year).
- 2015: Revenue of $3.8M, expenses of $3.3M, and assets of $924K (revenue +42.7% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $548K (revenue +65.4% year-over-year).
- 2013: Revenue of $1.6M, expenses of $2.2M, and assets of $410K (revenue -32.2% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $1.6M (revenue +50.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.8M, and assets of $445K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bon Secours St Petersburg Home Care Services Llc:
Data Sources and Methodology
This transparency report for Bon Secours St Petersburg Home Care Services Llc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.