Charles County Nursing And Rehabilitation Center Foundation

Charles County Nursing And Rehabilitation Center Foundation shows consistent revenue and asset growth with no reported officer compensation.

EIN: 201666771 · La Plata, MD · NTEE: L11 · Updated: 2026-03-28

$105KRevenue

$631KAssets

85/100Mission Score (Excellent)

L11

About Charles County Nursing And Rehabilitation Center Foundation

Charles County Nursing And Rehabilitation Center Foundation (EIN: 201666771) is a nonprofit organization based in La Plata, MD, classified under NTEE code L11. The organization reported total revenue of $105K and total assets of $631K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles County Nursing And Rehabilitation Center Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Charles County Nursing And Rehabilitation Center Foundation demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past four years, its revenue has steadily increased from $54,389 in 2020 to $107,267 in 2023, while assets have grown from $316,557 to $562,197 in the same period. The organization consistently spends less than its revenue, as seen in 2023 where expenses were $75,376 against $107,267 in revenue, indicating sound financial management and an ability to build reserves. The foundation's liabilities have also increased, but at a slower rate than assets, suggesting a stable balance sheet.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent positive net income suggests that the organization is managing its overall expenditures effectively. The absence of reported officer compensation across all filings indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for efficiency and donor trust. The foundation's consistent filing of IRS Form 990s demonstrates a commitment to transparency, providing public access to its financial data.

Overall, the foundation exhibits characteristics of a well-managed and financially stable nonprofit. Its growth in revenue and assets, coupled with no reported officer compensation, suggests a focus on its mission and efficient use of resources. Further detailed expense breakdowns would enhance the understanding of its spending efficiency across different categories.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Charles County Nursing And Rehabilitation Center Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Charles County Nursing And Rehabilitation Center Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure, which is highly efficient and directs more funds towards the mission.

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.

Strengths

The following positive indicators were identified for Charles County Nursing And Rehabilitation Center Foundation:

Consistent revenue growth (from $54,389 in 2020 to $107,267 in 2023).
Strong asset growth (from $316,557 in 2020 to $562,197 in 2023).
No reported officer compensation, indicating high efficiency and volunteer leadership.
Expenses consistently lower than revenue, leading to positive net income and asset accumulation.
Regular IRS 990 filings demonstrate transparency.

Frequently Asked Questions about Charles County Nursing And Rehabilitation Center Foundation

Is Charles County Nursing And Rehabilitation Center Foundation a good charity?

Based on the available IRS 990 data, the foundation appears to be a good charity. It demonstrates consistent financial growth, maintains a healthy asset-to-liability ratio, and notably reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.

How has the foundation's financial health changed over time?

The foundation's financial health has improved consistently. Revenue grew from $54,389 in 2020 to $107,267 in 2023, and assets increased from $316,557 to $562,197 over the same period, indicating strong financial growth and stability.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This suggests that executive leadership is likely volunteer-based, maximizing the allocation of funds to programmatic activities.

Filing History

IRS 990 filing history for Charles County Nursing And Rehabilitation Center Foundation showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2020–2023), Charles County Nursing And Rehabilitation Center Foundation's revenue has grown by 97.2%, moving from $54K to $107K. Total assets increased by 77.6% over the same period, from $317K to $562K. Total functional expenses rose by 15%, from $66K to $75K. In its most recent filing year (2023), Charles County Nursing And Rehabilitation Center Foundation reported a surplus of $32K, with revenue exceeding expenses. The organization holds $365K in liabilities against $562K in assets (debt-to-asset ratio: 64.9%), resulting in net assets of $197K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$107K	$75K	$562K	$365K	—	—
2022	$77K	$76K	$462K	$297K	—	View 990
2021	$71K	$85K	$384K	$219K	—	—
2020	$54K	$66K	$317K	$137K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $107K, expenses of $75K, and assets of $562K (revenue +40.0% year-over-year).
2022: Revenue of $77K, expenses of $76K, and assets of $462K (revenue +8.0% year-over-year).
2021: Revenue of $71K, expenses of $85K, and assets of $384K (revenue +30.5% year-over-year).
2020: Revenue of $54K, expenses of $66K, and assets of $317K.

Data Sources and Methodology

This transparency report for Charles County Nursing And Rehabilitation Center Foundation 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.