Ferncliff Nursing Home Company Inc
Ferncliff Nursing Home operates with tight margins, showing consistent revenue but increasing liabilities, with no reported officer compensation.
EIN: 141514053 · New York, NY · NTEE: E910 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $40.6M |
| Total Expenses | $42.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $40M |
| Net Assets | $-797,780 |
| Transparency Score | 85/100 |
Is Ferncliff Nursing Home Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ferncliff Nursing Home Company Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ferncliff Nursing Home Company Inc
Ferncliff Nursing Home Company Inc (EIN: 141514053) is a nonprofit organization based in New York, NY, classified under NTEE code E910. The organization reported total revenue of $40.6M and total assets of $32.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ferncliff Nursing Home Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ferncliff Nursing Home Company Inc is a large nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39.8M |
| Total Expenses | $42.7M |
| Surplus / Deficit | $-2,821,804 |
| Total Assets | $31.5M |
| Total Liabilities | $32.3M |
| Net Assets | $-797,780 |
| Operating Margin | -7.1% |
| Debt-to-Asset Ratio | 102.5% |
| Months of Reserves | 8.9 months |
Financial Health Grade: C
In 2023, Ferncliff Nursing Home Company Inc reported a deficit of $2.8M with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 102.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ferncliff Nursing Home Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.6% | +8.0% | +7.7% |
| 2022 | -5.5% | +5.7% | +24.8% |
| 2021 | -3.5% | -6.8% | +5.2% |
| 2020 | +4.2% | +2.2% | +3.6% |
| 2019 | -2.4% | +2.2% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
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 Ferncliff Nursing Home Company Inc 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Ferncliff Nursing Home Company 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:
- The organization reported a deficit of $2.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 102.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size ($40M+ revenue) and suggests a strong commitment to directing funds to services.
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 Ferncliff Nursing Home Company Inc's IRS 990 filings:
- Liabilities ($32,301,104 in 2023) exceeded assets ($31,503,324 in 2023), indicating potential solvency concerns.
- Expenses ($42,650,400 in 2023) exceeded revenue ($39,828,596 in 2023), resulting in an operating deficit for the year.
Strengths
The following positive indicators were identified for Ferncliff Nursing Home Company Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating exceptional financial transparency and mission focus.
- Steady revenue generation, with latest reported revenue at $40,569,138, indicating a robust operational scale.
- Significant asset growth over the past decade, from $13,923,203 in 2014 to $31,503,324 in 2023.
Frequently Asked Questions about Ferncliff Nursing Home Company Inc
Is Ferncliff Nursing Home Company Inc a legitimate charity?
Ferncliff Nursing Home Company Inc (EIN: 141514053) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $40.6M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Ferncliff Nursing Home Company Inc spend its money?
Ferncliff Nursing Home Company Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Ferncliff Nursing Home Company Inc tax-deductible?
Ferncliff Nursing Home Company Inc is registered as a tax-exempt nonprofit (EIN: 141514053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ferncliff Nursing Home Company Inc CEO make?
Ferncliff Nursing Home Company Inc's highest-compensated officer earns $40M annually. The organization reported $40.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ferncliff Nursing Home Company Inc's spending goes to programs?
Ferncliff Nursing Home Company Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ferncliff Nursing Home Company Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ferncliff Nursing Home Company Inc is above average for NTEE category E910 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ferncliff Nursing Home Company Inc located?
Ferncliff Nursing Home Company Inc is headquartered in New York, New York and files with the IRS under EIN 141514053. It is classified under NTEE code E910.
How many years of IRS 990 filings does Ferncliff Nursing Home Company Inc have?
Ferncliff Nursing Home Company 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 $40.6M in total revenue.
Is Ferncliff Nursing Home a good charity?
Based on the available data, Ferncliff Nursing Home demonstrates strong dedication to its mission, evidenced by 0% officer compensation. While recent liabilities exceeding assets in 2023 raise a minor concern, the consistent revenue and asset growth over the past decade suggest a generally stable operation. The lack of detailed spending breakdown makes a full assessment of 'goodness' difficult, but the compensation transparency is a significant positive.
What is the trend in Ferncliff's financial health?
Ferncliff's financial health shows a trend of increasing revenue and assets over the past decade, from $33.5M revenue and $13.9M assets in 2014 to $39.8M revenue and $31.5M assets in 2023. However, liabilities have also grown significantly, reaching $32.3M in 2023, surpassing assets in that year, indicating a potential increase in financial risk.
How does Ferncliff's executive compensation compare to similar organizations?
Ferncliff Nursing Home reports 0% officer compensation, which is exceptionally low and likely much lower than most comparable organizations of its size ($40M+ annual revenue). This suggests a highly efficient use of funds for direct services rather than executive salaries.
Filing History
IRS 990 filing history for Ferncliff Nursing Home Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ferncliff Nursing Home Company Inc's revenue has grown by 21.5%, moving from $32.8M to $39.8M. Total assets increased by 46.7% over the same period, from $21.5M to $31.5M. Total functional expenses rose by 26.3%, from $33.8M to $42.7M. In its most recent filing year (2023), Ferncliff Nursing Home Company Inc reported a deficit of $2.8M, with expenses exceeding revenue. The organization holds $32.3M in liabilities against $31.5M in assets (debt-to-asset ratio: 102.5%), resulting in net assets of $-797,780.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39.8M | $42.7M | $31.5M | $32.3M | — | — |
| 2022 | $36.0M | $39.5M | $29.3M | $28.7M | — | View 990 |
| 2021 | $38.1M | $37.4M | $23.4M | $19.6M | — | View 990 |
| 2020 | $39.5M | $40.1M | $22.3M | $19.2M | — | View 990 |
| 2019 | $37.9M | $39.2M | $21.5M | $18.3M | — | View 990 |
| 2018 | $38.8M | $38.4M | $21.3M | $16.8M | — | View 990 |
| 2017 | $34.8M | $35.4M | $17.5M | $14.5M | — | View 990 |
| 2016 | $35.3M | $34.3M | $15.6M | $11.9M | — | View 990 |
| 2015 | $35.9M | $34.8M | $15.0M | $12.7M | — | View 990 |
| 2014 | $33.5M | $34.8M | $13.9M | $12.6M | — | View 990 |
| 2013 | $32.9M | $33.8M | $16.7M | $14.2M | — | View 990 |
| 2012 | $31.5M | $32.5M | $20.5M | $17.6M | — | View 990 |
| 2011 | $32.8M | $33.8M | $21.5M | $18.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39.8M, expenses of $42.7M, and assets of $31.5M (revenue +10.6% year-over-year).
- 2022: Revenue of $36.0M, expenses of $39.5M, and assets of $29.3M (revenue -5.5% year-over-year).
- 2021: Revenue of $38.1M, expenses of $37.4M, and assets of $23.4M (revenue -3.5% year-over-year).
- 2020: Revenue of $39.5M, expenses of $40.1M, and assets of $22.3M (revenue +4.2% year-over-year).
- 2019: Revenue of $37.9M, expenses of $39.2M, and assets of $21.5M (revenue -2.4% year-over-year).
- 2018: Revenue of $38.8M, expenses of $38.4M, and assets of $21.3M (revenue +11.6% year-over-year).
- 2017: Revenue of $34.8M, expenses of $35.4M, and assets of $17.5M (revenue -1.5% year-over-year).
- 2016: Revenue of $35.3M, expenses of $34.3M, and assets of $15.6M (revenue -1.6% year-over-year).
- 2015: Revenue of $35.9M, expenses of $34.8M, and assets of $15.0M (revenue +7.1% year-over-year).
- 2014: Revenue of $33.5M, expenses of $34.8M, and assets of $13.9M (revenue +2.0% year-over-year).
- 2013: Revenue of $32.9M, expenses of $33.8M, and assets of $16.7M (revenue +4.3% year-over-year).
- 2012: Revenue of $31.5M, expenses of $32.5M, and assets of $20.5M (revenue -3.9% year-over-year).
- 2011: Revenue of $32.8M, expenses of $33.8M, and assets of $21.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ferncliff Nursing Home Company Inc:
Data Sources and Methodology
This transparency report for Ferncliff Nursing Home Company 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.