Good Shepherd Fairview Home Inc
Good Shepherd Fairview Home Inc. reports consistent operating deficits and declining assets in recent years.
EIN: 160962256 · Binghamton, NY · NTEE: E91Z · Updated: 2026-03-28
About Good Shepherd Fairview Home Inc
Good Shepherd Fairview Home Inc (EIN: 160962256) is a nonprofit organization based in Binghamton, NY, classified under NTEE code E91Z. The organization reported total revenue of $16.4M and total assets of $7.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Shepherd Fairview Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Good Shepherd Fairview Home Inc with a Mission Score of 70 out of 100 (Good). 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, Good Shepherd Fairview Home 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation was reported for officers, directors, trustees, or key employees. This is highly unusual for an organization with annual revenues exceeding $10 million and suggests either a volunteer leadership structure or that compensation is reported in a different section not captured by this metric.
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 Good Shepherd Fairview Home Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $1.7M in 2023, $1.9M in 2022).
- Declining asset base from $11.3 million in 2017 to $6.8 million in 2023.
- Significant increase in liabilities from $2.7 million in 2020 to $5.3 million in 2023.
- Unusually low or 0% reported officer compensation for an organization of this revenue size, which may warrant further investigation into leadership structure and compensation practices.
Strengths
The following positive indicators were identified for Good Shepherd Fairview Home Inc:
- Long operational history with 13 IRS 990 filings, indicating established presence.
- Consistent revenue generation over a decade, generally above $10 million annually.
- High transparency regarding reported officer compensation (0% across all filings), though this also raises questions.
Frequently Asked Questions about Good Shepherd Fairview Home Inc
Is Good Shepherd Fairview Home Inc. financially stable given its recent operating deficits?
The organization has reported operating deficits for the past three years (2021-2023), with expenses exceeding revenue by $1.7 million in 2023 and $1.9 million in 2022. This trend, coupled with declining assets from $11.3 million in 2017 to $6.8 million in 2023, suggests potential long-term financial stability concerns if not reversed.
How does Good Shepherd Fairview Home Inc. manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation on the IRS 990 filings is highly unusual for an organization of this size. It could indicate that the leadership is entirely volunteer-based, or that compensation for key personnel is structured in a way that it is not reported in the 'Officer Comp' section of the 990, or that the data provided for 'Officer Comp' is incomplete.
What is the trend in the organization's net assets?
The organization's net assets (Assets minus Liabilities) have shown a declining trend. For example, net assets were approximately $4.5 million in 2017 ($11.3M assets - $6.8M liabilities) and decreased to $1.46 million in 2023 ($6.8M assets - $5.3M liabilities), indicating a reduction in its financial reserves.
Filing History
IRS 990 filing history for Good Shepherd Fairview Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Good Shepherd Fairview Home Inc's revenue has grown by 16.8%, moving from $10.1M to $11.8M. Total assets decreased by 9.7% over the same period, from $7.6M to $6.8M. Total functional expenses rose by 40.6%, from $9.7M to $13.6M. In its most recent filing year (2023), Good Shepherd Fairview Home Inc reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $5.4M in liabilities against $6.8M in assets (debt-to-asset ratio: 78.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $11.8M | $13.6M | $6.8M | $5.4M | — | — |
| 2022 | $10.7M | $12.6M | $7.8M | $4.5M | — | — |
| 2021 | $10.6M | $12.3M | $8.5M | $3.0M | — | View 990 |
| 2020 | $12.6M | $12.5M | $9.9M | $2.8M | — | — |
| 2019 | $14.4M | $12.1M | $9.8M | $2.8M | — | View 990 |
| 2018 | $12.1M | $11.9M | $10.2M | $5.5M | — | View 990 |
| 2017 | $11.5M | $12.0M | $11.4M | $6.8M | — | View 990 |
| 2016 | $11.9M | $12.4M | $11.3M | $6.5M | — | View 990 |
| 2015 | $11.5M | $11.3M | $10.3M | $5.3M | — | View 990 |
| 2014 | $10.6M | $10.7M | $7.6M | $2.2M | — | View 990 |
| 2013 | $10.6M | $10.5M | $7.3M | $2.6M | — | View 990 |
| 2012 | $9.9M | $10.1M | $6.9M | $2.5M | — | View 990 |
| 2011 | $10.1M | $9.7M | $7.6M | $3.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.8M, expenses of $13.6M, and assets of $6.8M (revenue +10.7% year-over-year).
- 2022: Revenue of $10.7M, expenses of $12.6M, and assets of $7.8M (revenue +0.2% year-over-year).
- 2021: Revenue of $10.6M, expenses of $12.3M, and assets of $8.5M (revenue -15.3% year-over-year).
- 2020: Revenue of $12.6M, expenses of $12.5M, and assets of $9.9M (revenue -13.0% year-over-year).
- 2019: Revenue of $14.4M, expenses of $12.1M, and assets of $9.8M (revenue +19.4% year-over-year).
- 2018: Revenue of $12.1M, expenses of $11.9M, and assets of $10.2M (revenue +5.4% year-over-year).
- 2017: Revenue of $11.5M, expenses of $12.0M, and assets of $11.4M (revenue -3.8% year-over-year).
- 2016: Revenue of $11.9M, expenses of $12.4M, and assets of $11.3M (revenue +4.0% year-over-year).
- 2015: Revenue of $11.5M, expenses of $11.3M, and assets of $10.3M (revenue +8.4% year-over-year).
- 2014: Revenue of $10.6M, expenses of $10.7M, and assets of $7.6M (revenue -0.7% year-over-year).
- 2013: Revenue of $10.6M, expenses of $10.5M, and assets of $7.3M (revenue +7.4% year-over-year).
- 2012: Revenue of $9.9M, expenses of $10.1M, and assets of $6.9M (revenue -2.0% year-over-year).
- 2011: Revenue of $10.1M, expenses of $9.7M, and assets of $7.6M.
Data Sources and Methodology
This transparency report for Good Shepherd Fairview 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.