Evercare Choice Inc
Evercare Choice Inc. consistently operates at a deficit, with liabilities significantly outpacing assets.
EIN: 133934289 · Newburgh, NY · NTEE: E60I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $48.5M |
| Total Expenses | $54.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $-23,263,686 |
| Transparency Score | 55/100 |
Is Evercare Choice Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Evercare Choice Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Evercare Choice Inc
Evercare Choice Inc (EIN: 133934289) is a nonprofit organization based in Newburgh, NY, classified under NTEE code E60I. The organization reported total revenue of $48.5M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Evercare Choice Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Evercare Choice Inc is a large nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 19.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48.9M |
| Total Expenses | $54.5M |
| Surplus / Deficit | $-5,600,257 |
| Total Assets | $10.4M |
| Total Liabilities | $33.7M |
| Net Assets | $-23,263,686 |
| Operating Margin | -11.4% |
| Debt-to-Asset Ratio | 323.0% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2023, Evercare Choice Inc reported a deficit of $5.6M with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 323.0% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Evercare Choice Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.2% | +2.1% | +17.3% |
| 2022 | -8.8% | -2.7% | +12.4% |
| 2021 | -0.5% | -7.4% | -32.2% |
| 2020 | +26.1% | +1.5% | -2.0% |
| 2019 | -9.1% | +6.1% | -21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Evercare Choice Inc with a Mission Score of 55 out of 100 (Fair). 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, Evercare Choice Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 323.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly unusual for an organization with nearly $50 million in annual revenue and suggests a strong commitment to mission-focused spending or an alternative compensation structure not captured here.
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 Evercare Choice Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., $54.5M expenses vs. $48.9M revenue in 202312.
- Rapid and significant increase in liabilities, from $4,003,323 in 2014 to $33,693,505 in 2023, far exceeding assets.
- Assets ($10,429,819 in 2023) are significantly lower than liabilities ($33,693,505 in 2023), indicating a negative net asset position.
- Lack of reported expenses, assets, and liabilities for the 201712 filing period.
- Unusual 0% officer compensation for an organization with nearly $50 million in annual revenue, which may obscure actual executive benefits or compensation structures.
Strengths
The following positive indicators were identified for Evercare Choice Inc:
- Consistent reporting of 0% officer compensation across all available filings, suggesting a focus on mission over executive pay.
- Significant revenue generation, with latest reported revenue at $48,544,786, indicating a large operational scale.
- Long filing history (14 filings), demonstrating consistent compliance with IRS reporting requirements over time.
Frequently Asked Questions about Evercare Choice Inc
Is Evercare Choice Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Evercare Choice Inc (EIN: 133934289) some concerns. Mission Score: 55/100. 5 red flags identified, 3 strengths noted.
How does Evercare Choice Inc spend its money?
Evercare Choice Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Evercare Choice Inc tax-deductible?
Evercare Choice Inc is registered as a tax-exempt nonprofit (EIN: 133934289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Evercare Choice Inc CEO make?
Evercare Choice Inc's highest-compensated officer earns $50 annually. The organization reported $48.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Evercare Choice Inc's spending goes to programs?
Evercare Choice Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Evercare Choice Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Evercare Choice Inc is near average for NTEE category E60I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Evercare Choice Inc located?
Evercare Choice Inc is headquartered in Newburgh, New York and files with the IRS under EIN 133934289. It is classified under NTEE code E60I.
How many years of IRS 990 filings does Evercare Choice Inc have?
Evercare Choice Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $48.5M in total revenue.
Is Evercare Choice Inc. financially sustainable given its consistent operating deficits?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $54.5M expenses vs. $48.9M revenue in 202312), leading to a significant increase in liabilities from $4M in 2014 to over $33M in 2023. This trend raises serious concerns about long-term financial sustainability.
Why is officer compensation consistently reported as 0% for an organization of this size?
Reporting 0% officer compensation for an organization with nearly $50 million in annual revenue is highly unusual. It could indicate that officers are volunteers, compensated through a related entity, or that the compensation is categorized differently, warranting further investigation for full transparency.
What is the detailed breakdown of Evercare Choice Inc.'s expenses (program, administrative, fundraising)?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and program focus.
What caused the significant increase in liabilities from $4,003,323 in 2014 to $33,693,505 in 2023?
The substantial increase in liabilities, particularly in conjunction with consistent operating deficits, suggests the organization is incurring debt or other obligations to cover its expenses. Understanding the nature of these liabilities (e.g., loans, accounts payable) is critical.
Why are there no reported expenses, assets, or liabilities for the 201712 filing period?
The absence of key financial data for the 201712 period (expenses, assets, liabilities) is an anomaly in the filing history and could indicate an incomplete or erroneous submission for that year, impacting the ability to track financial trends accurately.
Filing History
IRS 990 filing history for Evercare Choice Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Evercare Choice Inc's revenue has grown by 884.3%, moving from $5.0M to $48.9M. Total assets increased by 369.6% over the same period, from $2.2M to $10.4M. Total functional expenses rose by 1030.8%, from $4.8M to $54.5M. In its most recent filing year (2023), Evercare Choice Inc reported a deficit of $5.6M, with expenses exceeding revenue. The organization holds $33.7M in liabilities against $10.4M in assets (debt-to-asset ratio: 323.0%), resulting in net assets of $-23,263,686.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48.9M | $54.5M | $10.4M | $33.7M | — | — |
| 2022 | $52.7M | $53.4M | $8.9M | $26.7M | — | — |
| 2021 | $57.8M | $54.9M | $7.9M | $25.0M | — | View 990 |
| 2020 | $58.1M | $59.3M | $11.7M | $31.7M | — | View 990 |
| 2019 | $46.1M | $58.4M | $11.9M | $28.3M | — | View 990 |
| 2018 | $50.7M | $55.0M | $15.1M | $19.2M | — | View 990 |
| 2017 | $51.4M | $0 | $0 | $0 | — | View 990 |
| 2016 | $42.6M | $46.2M | $13.6M | $13.7M | — | View 990 |
| 2015 | $35.7M | $39.3M | $13.7M | $10.1M | — | — |
| 2014 | $25.5M | $22.4M | $11.3M | $4.0M | — | View 990 |
| 2013 | $13.4M | $10.8M | $7.3M | $3.1M | — | View 990 |
| 2012 | $7.8M | $7.0M | $3.7M | $2.1M | — | View 990 |
| 2011 | $5.9M | $5.4M | $2.7M | $1.8M | — | View 990 |
| 2010 | $5.0M | $4.8M | $2.2M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48.9M, expenses of $54.5M, and assets of $10.4M (revenue -7.2% year-over-year).
- 2022: Revenue of $52.7M, expenses of $53.4M, and assets of $8.9M (revenue -8.8% year-over-year).
- 2021: Revenue of $57.8M, expenses of $54.9M, and assets of $7.9M (revenue -0.5% year-over-year).
- 2020: Revenue of $58.1M, expenses of $59.3M, and assets of $11.7M (revenue +26.1% year-over-year).
- 2019: Revenue of $46.1M, expenses of $58.4M, and assets of $11.9M (revenue -9.1% year-over-year).
- 2018: Revenue of $50.7M, expenses of $55.0M, and assets of $15.1M (revenue -1.5% year-over-year).
- 2017: Revenue of $51.4M, expenses of $0, and assets of $0 (revenue +20.8% year-over-year).
- 2016: Revenue of $42.6M, expenses of $46.2M, and assets of $13.6M (revenue +19.4% year-over-year).
- 2015: Revenue of $35.7M, expenses of $39.3M, and assets of $13.7M (revenue +39.7% year-over-year).
- 2014: Revenue of $25.5M, expenses of $22.4M, and assets of $11.3M (revenue +91.0% year-over-year).
- 2013: Revenue of $13.4M, expenses of $10.8M, and assets of $7.3M (revenue +70.9% year-over-year).
- 2012: Revenue of $7.8M, expenses of $7.0M, and assets of $3.7M (revenue +33.4% year-over-year).
- 2011: Revenue of $5.9M, expenses of $5.4M, and assets of $2.7M (revenue +18.1% year-over-year).
- 2010: Revenue of $5.0M, expenses of $4.8M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Evercare Choice Inc:
Data Sources and Methodology
This transparency report for Evercare Choice 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.