Geneva Nursing Home Inc
Geneva Nursing Home Inc. faces persistent operating deficits and increasing liabilities.
EIN: 160957268 · Geneva, NY · NTEE: E91Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $6.8M |
| Program Spending | 80% |
| Net Assets | $-4,959,599 |
| Transparency Score | 45/100 |
Is Geneva Nursing Home Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Geneva Nursing Home Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Geneva Nursing Home Inc
Geneva Nursing Home Inc (EIN: 160957268) is a nonprofit organization based in Geneva, NY, classified under NTEE code E91Z. The organization reported total revenue of $6.8M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Geneva Nursing Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Geneva Nursing Home Inc is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $6.8M |
| Surplus / Deficit | $-1,874,679 |
| Total Assets | $4.4M |
| Total Liabilities | $9.4M |
| Net Assets | $-4,959,599 |
| Operating Margin | -37.8% |
| Debt-to-Asset Ratio | 212.4% |
| Months of Reserves | 7.8 months |
Financial Health Grade: C
In 2023, Geneva Nursing Home Inc reported a deficit of $1.9M with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 212.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Geneva Nursing Home Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.5% | +6.9% | -14.5% |
| 2022 | -19.3% | -9.7% | -12.1% |
| 2021 | -20.9% | -15.7% | -21.9% |
| 2020 | -11.5% | -1.7% | +24.0% |
| 2019 | +3.0% | +10.7% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 Inc with a Mission Score of 45 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, Geneva Nursing Home 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 $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 212.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% for officers across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size with millions in revenue and expenses.
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 Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) for multiple years, e.g., $1.87M deficit in 2023.
- Significant increase in liabilities, reaching $9,372,626 in 2023, far exceeding assets.
- Declining asset base, from $9.8M in 2015 to $4.4M in 2023.
- The reported 0% officer compensation is highly unusual for an organization of this scale and could warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Geneva Nursing Home Inc:
- No reported officer compensation, suggesting efficient use of funds at the executive level if accurate and sustainable.
Frequently Asked Questions about Geneva Nursing Home Inc
Is Geneva Nursing Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Geneva Nursing Home Inc (EIN: 160957268) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does Geneva Nursing Home Inc spend its money?
Geneva Nursing Home Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Geneva Nursing Home Inc tax-deductible?
Geneva Nursing Home Inc is registered as a tax-exempt nonprofit (EIN: 160957268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Geneva Nursing Home Inc's spending goes to programs?
Geneva Nursing Home Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Geneva Nursing Home Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Geneva Nursing Home Inc is near average for NTEE category E91Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Geneva Nursing Home Inc located?
Geneva Nursing Home Inc is headquartered in Geneva, New York and files with the IRS under EIN 160957268. It is classified under NTEE code E91Z.
How many years of IRS 990 filings does Geneva Nursing Home Inc have?
Geneva Nursing Home 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 $6.8M in total revenue.
Is Geneva Nursing Home Inc. financially stable?
Based on the provided data, Geneva Nursing Home Inc. does not appear financially stable. It has consistently reported expenses exceeding revenue for several years, leading to significant operating deficits. Liabilities have also increased substantially, reaching $9,372,626 in 2023, while assets have decreased.
Why are expenses consistently higher than revenue?
The filings show a consistent trend where expenses surpass revenue. For example, in 2023, expenses were $6,828,601 against revenues of $4,953,922. This indicates that the organization is spending more than it earns, which is unsustainable in the long term. The specific reasons for this imbalance are not detailed in the provided summary but could include declining patient numbers, increased operational costs, or insufficient funding.
What is the trend in the organization's assets and liabilities?
The organization's assets have been declining, from a high of $9,817,735 in 2015 to $4,413,027 in 2023. Concurrently, liabilities have significantly increased, reaching $9,372,626 in 2023 from $3,807,062 in 2019. This trend of decreasing assets and increasing liabilities points to a deteriorating financial position.
Is the 0% officer compensation accurate for an organization of this size?
While the filings consistently report 0% officer compensation, it is highly unusual for an organization with annual revenues and expenses in the millions to have no compensated officers. This could indicate that officers are compensated through other means not classified as 'officer compensation' or that the organization relies entirely on volunteer leadership, which would be exceptional for a nursing home.
Filing History
IRS 990 filing history for Geneva Nursing Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Geneva Nursing Home Inc's revenue has declined by 48.3%, moving from $9.6M to $5.0M. Total assets decreased by 44.3% over the same period, from $7.9M to $4.4M. Total functional expenses fell by 27.7%, from $9.4M to $6.8M. In its most recent filing year (2023), Geneva Nursing Home Inc reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $9.4M in liabilities against $4.4M in assets (debt-to-asset ratio: 212.4%), resulting in net assets of $-4,959,599.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $6.8M | $4.4M | $9.4M | — | — |
| 2022 | $4.0M | $6.4M | $5.2M | $8.2M | — | View 990 |
| 2021 | $5.0M | $7.1M | $5.9M | $6.0M | — | View 990 |
| 2020 | $6.3M | $8.4M | $7.5M | $7.0M | — | View 990 |
| 2019 | $7.1M | $8.5M | $6.1M | $3.8M | — | View 990 |
| 2018 | $6.9M | $7.7M | $6.0M | $5.0M | — | View 990 |
| 2017 | $8.5M | $8.5M | $6.5M | $5.2M | — | View 990 |
| 2016 | $9.0M | $9.6M | $7.1M | $6.2M | — | View 990 |
| 2015 | $9.1M | $9.2M | $9.8M | $8.6M | — | View 990 |
| 2014 | $8.8M | $9.2M | $9.4M | $7.9M | — | View 990 |
| 2013 | $9.4M | $9.6M | $9.5M | $6.5M | — | View 990 |
| 2012 | $9.1M | $9.4M | $9.1M | $7.9M | — | View 990 |
| 2011 | $9.6M | $9.4M | $7.9M | $6.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $6.8M, and assets of $4.4M (revenue +23.5% year-over-year).
- 2022: Revenue of $4.0M, expenses of $6.4M, and assets of $5.2M (revenue -19.3% year-over-year).
- 2021: Revenue of $5.0M, expenses of $7.1M, and assets of $5.9M (revenue -20.9% year-over-year).
- 2020: Revenue of $6.3M, expenses of $8.4M, and assets of $7.5M (revenue -11.5% year-over-year).
- 2019: Revenue of $7.1M, expenses of $8.5M, and assets of $6.1M (revenue +3.0% year-over-year).
- 2018: Revenue of $6.9M, expenses of $7.7M, and assets of $6.0M (revenue -19.4% year-over-year).
- 2017: Revenue of $8.5M, expenses of $8.5M, and assets of $6.5M (revenue -4.7% year-over-year).
- 2016: Revenue of $9.0M, expenses of $9.6M, and assets of $7.1M (revenue -1.0% year-over-year).
- 2015: Revenue of $9.1M, expenses of $9.2M, and assets of $9.8M (revenue +2.5% year-over-year).
- 2014: Revenue of $8.8M, expenses of $9.2M, and assets of $9.4M (revenue -5.6% year-over-year).
- 2013: Revenue of $9.4M, expenses of $9.6M, and assets of $9.5M (revenue +3.2% year-over-year).
- 2012: Revenue of $9.1M, expenses of $9.4M, and assets of $9.1M (revenue -5.4% year-over-year).
- 2011: Revenue of $9.6M, expenses of $9.4M, and assets of $7.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Geneva Nursing Home Inc:
Data Sources and Methodology
This transparency report for Geneva Nursing Home 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.