Family Health Network Of Central New York Inc

Family Health Network Of Central New York Inc shows consistent growth and strong financial health with no reported officer compensation.

EIN: 161133983 · Homer, NY · NTEE: E32Z · Updated: 2026-03-28

$26.1MRevenue
$15.4MGross Revenue
$27.9MAssets
92/100Mission Score (Excellent)
E32Z
Family Health Network Of Central New York Inc Financial Summary
MetricValue
Total Revenue$26.1M
Total Expenses$14.6M
Program Spending90%
CEO/Top Officer Pay$15
Net Assets$22.4M
Transparency Score92/100

Is Family Health Network Of Central New York Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Family Health Network Of Central New York Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Family Health Network Of Central New York Inc

Family Health Network Of Central New York Inc (EIN: 161133983) is a nonprofit organization based in Homer, NY, classified under NTEE code E32Z. The organization reported total revenue of $26.1M and total assets of $27.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Health Network Of Central New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

65Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Family Health Network Of Central New York Inc is a large nonprofit that has been operating for 65 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$15.2M
Total Expenses$14.6M
Surplus / Deficit+$633K
Total Assets$27.7M
Total Liabilities$5.2M
Net Assets$22.4M
Operating Margin4.2%
Debt-to-Asset Ratio18.9%
Months of Reserves22.8 months

Financial Health Grade: A

In 2023, Family Health Network Of Central New York Inc reported a surplus of $633K with revenue exceeding expenses, holds 22.8 months of operating reserves (strong position), has a debt-to-asset ratio of 18.9% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Family Health Network Of Central New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-9.2%+2.7%-1.5%
2022-10.4%+4.1%+26.5%
2021+20.7%+2.6%+20.2%
2020+8.0%+1.3%+21.9%
2019+3.8%+6.8%+9.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1961

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Family Health Network Of Central New York Inc demonstrates consistent financial health with a strong trend of increasing assets and revenue over the past decade. For instance, total assets grew from $8,327,822 in 2014 to $27,665,267 in 2023, while revenue increased from $8,329,891 to $15,208,556 in the same period. The organization consistently operates with a surplus, as seen in 2023 where revenue of $15,208,556 exceeded expenses of $14,575,410, indicating sound financial management and sustainability. The organization's spending efficiency appears robust, with a significant portion of expenses likely directed towards program services given its mission and the absence of reported officer compensation. This suggests a focus on delivering its core healthcare services. The lack of reported officer compensation across all available filings is a notable aspect of its transparency and financial structure, indicating either a volunteer leadership model or compensation being reported under other expense categories, which would warrant further investigation for complete transparency. Overall, the financial data points to a well-managed and growing nonprofit focused on its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Family Health Network Of Central New York Inc with a Mission Score of 92 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: 8%
  • programs: 90%
  • fundraising: 2%

According to IRS 990 filings, Family Health Network Of Central New York Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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:

$15.2MTotal Revenue
$14.6MTotal Expenses
$27.7MTotal Assets
$5.2MTotal Liabilities
$22.4MNet Assets
  • The organization reported a surplus of $633K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 18.9%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $15 million. This suggests either a volunteer leadership structure or that executive compensation is categorized differently, requiring further detail for full transparency.

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 Family Health Network Of Central New York Inc's IRS 990 filings:

  • Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of detailed reporting or alternative compensation structures not immediately apparent.

Strengths

The following positive indicators were identified for Family Health Network Of Central New York Inc:

  • Consistent revenue growth over the past decade, from $8.3M in 2014 to $15.2M in 2023.
  • Strong asset growth, increasing from $8.3M in 2014 to $27.6M in 2023.
  • Consistently operates with a financial surplus, indicating sound financial management (e.g., $633,146 surplus in 2023).
  • Low liabilities relative to assets, suggesting good financial stability (e.g., $5.2M liabilities vs. $27.6M assets in 2023).

Frequently Asked Questions about Family Health Network Of Central New York Inc

Is Family Health Network Of Central New York Inc a legitimate charity?

Family Health Network Of Central New York Inc (EIN: 161133983) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $26.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Family Health Network Of Central New York Inc spend its money?

Family Health Network Of Central New York Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.

Are donations to Family Health Network Of Central New York Inc tax-deductible?

Family Health Network Of Central New York Inc is registered as a tax-exempt nonprofit (EIN: 161133983). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Family Health Network Of Central New York Inc CEO make?

Family Health Network Of Central New York Inc's highest-compensated officer earns $15 annually. The organization reported $26.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Family Health Network Of Central New York Inc's spending goes to programs?

Family Health Network Of Central New York Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Family Health Network Of Central New York Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Family Health Network Of Central New York Inc is above average for NTEE category E32Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Family Health Network Of Central New York Inc located?

Family Health Network Of Central New York Inc is headquartered in Homer, New York and files with the IRS under EIN 161133983. It is classified under NTEE code E32Z.

How many years of IRS 990 filings does Family Health Network Of Central New York Inc have?

Family Health Network Of Central New York Inc has 13 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 $26.1M in total revenue.

Is Family Health Network Of Central New York Inc a good charity?

Based on the available IRS 990 data, Family Health Network Of Central New York Inc appears to be a financially healthy and well-managed organization. It consistently generates surpluses, has growing assets, and does not report officer compensation, which could indicate a strong commitment to its mission. However, the lack of reported officer compensation warrants further inquiry for complete understanding.

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

The organization has shown significant financial growth and stability over the past decade. Revenue increased from $8,329,891 in 2014 to $15,208,556 in 2023, and assets grew from $8,327,822 to $27,665,267 in the same period, indicating strong financial health and expansion.

What is the organization's spending efficiency?

The organization consistently operates with a surplus (e.g., $633,146 in 2023) and has a strong asset base relative to its liabilities. While a detailed functional expense breakdown isn't provided in the summary, the consistent surpluses and growth suggest efficient management of resources.

Filing History

IRS 990 filing history for Family Health Network Of Central New York Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Family Health Network Of Central New York Inc's revenue has grown by 68.5%, moving from $9.0M to $15.2M. Total assets increased by 408.8% over the same period, from $5.4M to $27.7M. Total functional expenses rose by 82.4%, from $8.0M to $14.6M. In its most recent filing year (2023), Family Health Network Of Central New York Inc reported a surplus of $633K, with revenue exceeding expenses. The organization holds $5.2M in liabilities against $27.7M in assets (debt-to-asset ratio: 18.9%), resulting in net assets of $22.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $15.2M $14.6M $27.7M $5.2M
2022 $16.8M $14.2M $28.1M $6.9M
2021 $18.7M $13.6M $22.2M $3.3M View 990
2020 $15.5M $13.3M $18.5M $4.6M View 990
2019 $14.3M $13.1M $15.1M $3.5M View 990
2018 $13.8M $12.3M $13.9M $3.4M View 990
2017 $11.4M $10.8M $12.2M $3.3M View 990
2016 $11.0M $9.8M $10.3M $2.0M View 990
2015 $9.5M $8.8M $8.9M $1.7M View 990
2014 $8.3M $7.8M $8.3M $1.8M View 990
2013 $8.2M $7.2M $7.6M $1.7M View 990
2012 $8.9M $7.2M $5.9M $988K View 990
2011 $9.0M $8.0M $5.4M $2.2M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $15.2M, expenses of $14.6M, and assets of $27.7M (revenue -9.2% year-over-year).
  • 2022: Revenue of $16.8M, expenses of $14.2M, and assets of $28.1M (revenue -10.4% year-over-year).
  • 2021: Revenue of $18.7M, expenses of $13.6M, and assets of $22.2M (revenue +20.7% year-over-year).
  • 2020: Revenue of $15.5M, expenses of $13.3M, and assets of $18.5M (revenue +8.0% year-over-year).
  • 2019: Revenue of $14.3M, expenses of $13.1M, and assets of $15.1M (revenue +3.8% year-over-year).
  • 2018: Revenue of $13.8M, expenses of $12.3M, and assets of $13.9M (revenue +21.4% year-over-year).
  • 2017: Revenue of $11.4M, expenses of $10.8M, and assets of $12.2M (revenue +3.6% year-over-year).
  • 2016: Revenue of $11.0M, expenses of $9.8M, and assets of $10.3M (revenue +16.2% year-over-year).
  • 2015: Revenue of $9.5M, expenses of $8.8M, and assets of $8.9M (revenue +13.5% year-over-year).
  • 2014: Revenue of $8.3M, expenses of $7.8M, and assets of $8.3M (revenue +1.1% year-over-year).
  • 2013: Revenue of $8.2M, expenses of $7.2M, and assets of $7.6M (revenue -7.0% year-over-year).
  • 2012: Revenue of $8.9M, expenses of $7.2M, and assets of $5.9M (revenue -1.9% year-over-year).
  • 2011: Revenue of $9.0M, expenses of $8.0M, and assets of $5.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Family Health Network Of Central New York Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Family Health Network Of Central New York 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.

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