Capital Health Life Inc
Capital Health Life Inc: Declining Revenue and Significant Liabilities Raise Concerns
EIN: 222797282 · Bordentown, NJ · NTEE: E22Z · Updated: 2026-04-04
About Capital Health Life Inc
Capital Health Life Inc (EIN: 222797282) is a nonprofit organization based in Bordentown, NJ, classified under NTEE code E22Z. The organization reported total revenue of $27.4M and total assets of $11.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Health Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Capital Health Life Inc with a Mission Score of 65 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: 12%
- programs: 78%
- fundraising: 10%
According to IRS 990 filings, Capital Health Life Inc allocates its expenses as follows: admin: 12%, programs: 78%, fundraising: 10%. With 78% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly improbable for an organization with revenues exceeding $27 million in 2023, suggesting a lack of transparency in this area.
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 Capital Health Life Inc's IRS 990 filings:
- Revenue has significantly declined from $32,426,380 in 2020 to $27,358,144 in 2023.
- The organization consistently reports 0% compensation for its highest paid employees, which is a major red flag for transparency.
- Liabilities have frequently exceeded assets, for example, $32,497,223 in liabilities vs $21,819,148 in assets in 2019.
Strengths
The following positive indicators were identified for Capital Health Life Inc:
- Despite declining revenue, the organization has maintained substantial assets, with $11,370,839 in 2023.
- The organization has a long operating history, with financial data available back to 2016.
Frequently Asked Questions about Capital Health Life Inc
What does Capital Health Life Inc do?
Capital Health Life Inc is a nonprofit organization in the Health Care sector, located in Bordentown, New Jersey. It is classified under NTEE code E22Z.
How much revenue does Capital Health Life Inc have?
Capital Health Life Inc reported total revenue of $27,358,144. Based on 13 IRS 990 filings on record.
What are Capital Health Life Inc's total assets?
Capital Health Life Inc holds total assets of $11,370,839 as reported in IRS 990 filings.
Where is Capital Health Life Inc located?
Capital Health Life Inc is based in Bordentown, New Jersey.
What is Capital Health Life Inc's EIN?
Capital Health Life Inc's Employer Identification Number (EIN) is 222797282. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Capital Health Life Inc?
Capital Health Life Inc is classified under NTEE code E22Z (Health Care).
Is Capital Health Life Inc a registered 501(c)(3)?
Yes, Capital Health Life Inc is recognized as a tax-exempt organization by the IRS. EIN: 222797282.
Does Capital Health Life Inc file IRS Form 990?
Yes, Capital Health Life Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Capital Health Life Inc's revenue in 2023?
In the 202306 filing period, Capital Health Life Inc reported total revenue of $15,292,947, total expenses of $11,875,610, and net assets of $3,204,807.
Is Capital Health Life Inc's revenue growing or declining?
Capital Health Life Inc's revenue is declining. Revenue went from $30,572,264 (202206) to $15,292,947 (202306), a -50.0% change. Based on 13 filings on record.
What is Capital Health Life Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Capital Health Life Inc covers tax period 202306. It shows revenue of $15,292,947, expenses of $11,875,610, total assets of $3,204,807, and liabilities of $2,782,594.
How much does Capital Health Life Inc spend on programs vs administration?
Based on IRS 990 analysis, Capital Health Life Inc allocates approximately 78% of expenses to program services, 12% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Capital Health Life Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Capital Health Life Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Capital Health Life Inc?
The following concerns were identified: Revenue has significantly declined from $32,426,380 in 2020 to $27,358,144 in 2023.. The organization consistently reports 0% compensation for its highest paid employees, which is a major red flag for transparency.. Liabilities have frequently exceeded assets, for example, $32,497,223 in liabilities vs $21,819,148 in assets in 2019.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Capital Health Life Inc's strengths?
Positive indicators for Capital Health Life Inc include: Despite declining revenue, the organization has maintained substantial assets, with $11,370,839 in 2023.. The organization has a long operating history, with financial data available back to 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does Capital Health Life Inc compensate executives?
Executive compensation is reported as 0% across all available filings, which is highly improbable for an organization with revenues exceeding $27 million in 2023, suggesting a lack of transparency in this area. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% compensation for highest paid employees, how does Capital Health Life Inc attract and retain leadership, and what is the true cost of executive management?
The consistent 0% compensation reporting suggests that executive compensation may be hidden within other expense categories or paid through related entities, making it impossible to accurately assess the true cost of leadership from the provided data.
What specific factors contributed to the significant decline in revenue from $32,426,380 in 2020 to $27,358,144 in 2023, and what strategies are in place to reverse this trend?
The provided data does not offer specific reasons for the revenue decline. Without further information on operational changes, market conditions, or funding shifts, it's difficult to pinpoint the exact causes or evaluate mitigation strategies.
Filing History
IRS 990 filing history for Capital Health Life Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capital Health Life Inc's revenue has grown by 0.2%, moving from $15.3M to $15.3M. Total assets decreased by 45.3% over the same period, from $5.9M to $3.2M. Total functional expenses fell by 19.4%, from $14.7M to $11.9M. In its most recent filing year (2023), Capital Health Life Inc reported a surplus of $3.4M, with revenue exceeding expenses. The organization holds $2.8M in liabilities against $3.2M in assets (debt-to-asset ratio: 86.8%), resulting in net assets of $422K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $15.3M | $11.9M | $3.2M | $2.8M | — | View 990 |
| 2022 | $30.6M | $27.0M | $9.9M | $15.6M | — | View 990 |
| 2021 | $31.9M | $28.2M | $9.9M | $19.0M | — | View 990 |
| 2020 | $32.4M | $31.1M | $8.7M | $21.7M | — | View 990 |
| 2019 | $30.7M | $31.8M | $21.8M | $32.5M | — | View 990 |
| 2018 | $30.3M | $30.2M | $8.1M | $17.8M | — | View 990 |
| 2017 | $30.0M | $32.5M | $7.2M | $17.0M | — | View 990 |
| 2016 | $30.9M | $32.4M | $15.9M | $14.0M | — | View 990 |
| 2015 | $29.0M | $28.2M | $8.9M | $5.3M | — | View 990 |
| 2014 | $26.7M | $24.9M | $9.6M | $6.7M | — | View 990 |
| 2013 | $12.1M | $10.7M | $6.8M | $5.7M | — | View 990 |
| 2012 | $20.2M | $17.6M | $6.3M | $6.6M | — | View 990 |
| 2011 | $15.3M | $14.7M | $5.9M | $8.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.3M, expenses of $11.9M, and assets of $3.2M (revenue -50.0% year-over-year).
- 2022: Revenue of $30.6M, expenses of $27.0M, and assets of $9.9M (revenue -4.2% year-over-year).
- 2021: Revenue of $31.9M, expenses of $28.2M, and assets of $9.9M (revenue -1.6% year-over-year).
- 2020: Revenue of $32.4M, expenses of $31.1M, and assets of $8.7M (revenue +5.5% year-over-year).
- 2019: Revenue of $30.7M, expenses of $31.8M, and assets of $21.8M (revenue +1.4% year-over-year).
- 2018: Revenue of $30.3M, expenses of $30.2M, and assets of $8.1M (revenue +1.1% year-over-year).
- 2017: Revenue of $30.0M, expenses of $32.5M, and assets of $7.2M (revenue -3.0% year-over-year).
- 2016: Revenue of $30.9M, expenses of $32.4M, and assets of $15.9M (revenue +6.6% year-over-year).
- 2015: Revenue of $29.0M, expenses of $28.2M, and assets of $8.9M (revenue +8.4% year-over-year).
- 2014: Revenue of $26.7M, expenses of $24.9M, and assets of $9.6M (revenue +120.4% year-over-year).
- 2013: Revenue of $12.1M, expenses of $10.7M, and assets of $6.8M (revenue -39.9% year-over-year).
- 2012: Revenue of $20.2M, expenses of $17.6M, and assets of $6.3M (revenue +32.2% year-over-year).
- 2011: Revenue of $15.3M, expenses of $14.7M, and assets of $5.9M.
Data Sources and Methodology
This transparency report for Capital Health Life Inc 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.