Geneva Nursing Home Ii Inc
Geneva Nursing Home Ii Inc. reports recent net losses despite stable revenue, with no officer compensation.
EIN: 161449543 · Geneva, NY · NTEE: E910 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.9M |
| Total Expenses | $8.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7.9 |
| Net Assets | $2.6M |
| Transparency Score | 85/100 |
Is Geneva Nursing Home Ii Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Geneva Nursing Home Ii Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Geneva Nursing Home Ii Inc
Geneva Nursing Home Ii Inc (EIN: 161449543) is a nonprofit organization based in Geneva, NY, classified under NTEE code E910. The organization reported total revenue of $7.9M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Geneva Nursing Home Ii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Geneva Nursing Home Ii Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.9M |
| Total Expenses | $8.1M |
| Surplus / Deficit | $-141,853 |
| Total Assets | $5.4M |
| Total Liabilities | $2.8M |
| Net Assets | $2.6M |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 51.1% |
| Months of Reserves | 8.1 months |
Financial Health Grade: C
In 2023, Geneva Nursing Home Ii Inc reported a deficit of $142K with expenses exceeding revenue, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 51.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Geneva Nursing Home Ii Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | +11.1% | +1.6% |
| 2022 | +17.6% | +28.2% | -12.5% |
| 2021 | -2.0% | -13.6% | -25.6% |
| 2020 | +1.4% | +11.3% | +5.5% |
| 2019 | +6.7% | +1.8% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Geneva Nursing Home Ii 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Geneva Nursing Home Ii Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $142K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.1%.
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 revenue size ($7.9 million in 2023) and suggests a volunteer-led or externally compensated leadership structure.
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 Geneva Nursing Home Ii Inc's IRS 990 filings:
- Expenses ($8,052,083) exceeded revenue ($7,910,230) in the latest 2023 filing, indicating a net operating loss for the year.
- Assets have decreased from $8,168,328 in 2020 to $5,402,483 in 2023, a significant reduction over three years.
Strengths
The following positive indicators were identified for Geneva Nursing Home Ii Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial prudence and mission focus.
- Significant reduction in liabilities from $10,288,330 in 2016 to $2,761,435 in 2023, improving long-term solvency.
- Consistent revenue growth over the past decade, from $5.3 million in 2014 to $7.9 million in 2023.
- Regular and extensive IRS 990 filing history (13 filings), demonstrating commitment to transparency and compliance.
Frequently Asked Questions about Geneva Nursing Home Ii Inc
Is Geneva Nursing Home Ii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Geneva Nursing Home Ii Inc (EIN: 161449543) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Geneva Nursing Home Ii Inc spend its money?
Geneva Nursing Home Ii Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Geneva Nursing Home Ii Inc tax-deductible?
Geneva Nursing Home Ii Inc is registered as a tax-exempt nonprofit (EIN: 161449543). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Geneva Nursing Home Ii Inc CEO make?
Geneva Nursing Home Ii Inc's highest-compensated officer earns $7.9 annually. The organization reported $7.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Geneva Nursing Home Ii Inc's spending goes to programs?
Geneva Nursing Home Ii Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Geneva Nursing Home Ii Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Geneva Nursing Home Ii 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 Geneva Nursing Home Ii Inc located?
Geneva Nursing Home Ii Inc is headquartered in Geneva, New York and files with the IRS under EIN 161449543. It is classified under NTEE code E910.
How many years of IRS 990 filings does Geneva Nursing Home Ii Inc have?
Geneva Nursing Home Ii 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 $7.9M in total revenue.
Is Geneva Nursing Home Ii Inc. financially stable?
While the organization has experienced net losses in 2023 (expenses of $8,052,083 against revenue of $7,910,230) and 2020, it has also shown periods of profitability. Its liabilities have significantly decreased from $10,288,330 in 2016 to $2,761,435 in 2023, improving its balance sheet. The recent net loss warrants monitoring, but the overall trend in liabilities is positive.
How does the organization manage executive compensation?
Geneva Nursing Home Ii Inc. consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no officers are compensated by the organization. This is a significant financial practice that directs more funds to its mission.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated, peaking at $8,168,328 in 2020 and decreasing to $5,402,483 in 2023. Liabilities have shown a strong downward trend, decreasing from a high of $10,288,330 in 2016 to $2,761,435 in 2023, which significantly strengthens the organization's financial position.
Is the organization growing or shrinking in revenue?
The organization's revenue has shown a general upward trend over the past decade, increasing from $5,302,612 in 2014 to $7,910,230 in 2023, indicating growth in its operations and services.
Filing History
IRS 990 filing history for Geneva Nursing Home Ii Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Geneva Nursing Home Ii Inc's revenue has grown by 45.7%, moving from $5.4M to $7.9M. Total assets decreased by 28.9% over the same period, from $7.6M to $5.4M. Total functional expenses rose by 45.3%, from $5.5M to $8.1M. In its most recent filing year (2023), Geneva Nursing Home Ii Inc reported a deficit of $142K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $5.4M in assets (debt-to-asset ratio: 51.1%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.9M | $8.1M | $5.4M | $2.8M | — | — |
| 2022 | $7.5M | $7.2M | $5.3M | $2.6M | — | View 990 |
| 2021 | $6.4M | $5.7M | $6.1M | $3.2M | — | View 990 |
| 2020 | $6.5M | $6.5M | $8.2M | $6.9M | — | View 990 |
| 2019 | $6.4M | $5.9M | $7.7M | $6.4M | — | View 990 |
| 2018 | $6.0M | $5.8M | $7.5M | $8.0M | — | View 990 |
| 2017 | $6.2M | $5.5M | $7.8M | $9.2M | — | View 990 |
| 2016 | $5.7M | $5.8M | $8.1M | $10.3M | — | View 990 |
| 2015 | $5.5M | $5.3M | $7.4M | $9.5M | — | View 990 |
| 2014 | $5.3M | $5.2M | $7.2M | $9.5M | — | View 990 |
| 2013 | $5.4M | $5.4M | $7.6M | $9.5M | — | View 990 |
| 2012 | $5.3M | $5.6M | $7.6M | $10.1M | — | View 990 |
| 2011 | $5.4M | $5.5M | $7.6M | $9.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.9M, expenses of $8.1M, and assets of $5.4M (revenue +5.9% year-over-year).
- 2022: Revenue of $7.5M, expenses of $7.2M, and assets of $5.3M (revenue +17.6% year-over-year).
- 2021: Revenue of $6.4M, expenses of $5.7M, and assets of $6.1M (revenue -2.0% year-over-year).
- 2020: Revenue of $6.5M, expenses of $6.5M, and assets of $8.2M (revenue +1.4% year-over-year).
- 2019: Revenue of $6.4M, expenses of $5.9M, and assets of $7.7M (revenue +6.7% year-over-year).
- 2018: Revenue of $6.0M, expenses of $5.8M, and assets of $7.5M (revenue -3.4% year-over-year).
- 2017: Revenue of $6.2M, expenses of $5.5M, and assets of $7.8M (revenue +9.5% year-over-year).
- 2016: Revenue of $5.7M, expenses of $5.8M, and assets of $8.1M (revenue +3.7% year-over-year).
- 2015: Revenue of $5.5M, expenses of $5.3M, and assets of $7.4M (revenue +2.8% year-over-year).
- 2014: Revenue of $5.3M, expenses of $5.2M, and assets of $7.2M (revenue -1.5% year-over-year).
- 2013: Revenue of $5.4M, expenses of $5.4M, and assets of $7.6M (revenue +1.3% year-over-year).
- 2012: Revenue of $5.3M, expenses of $5.6M, and assets of $7.6M (revenue -2.1% year-over-year).
- 2011: Revenue of $5.4M, expenses of $5.5M, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Geneva Nursing Home Ii Inc:
Data Sources and Methodology
This transparency report for Geneva Nursing Home Ii 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.