Helene Fuld College Of Nursing
Helene Fuld College Of Nursing shows strong asset growth but recent operating deficits.
EIN: 133705284 · New York, NY · NTEE: E90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $26.0M |
| Total Expenses | $15.0M |
| Program Spending | 90% |
| Net Assets | $9.5M |
| Transparency Score | 85/100 |
Is Helene Fuld College Of Nursing Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Helene Fuld College Of Nursing directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Helene Fuld College Of Nursing
Helene Fuld College Of Nursing (EIN: 133705284) is a nonprofit organization based in New York, NY, classified under NTEE code E90. The organization reported total revenue of $26.0M and total assets of $16.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helene Fuld College Of Nursing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helene Fuld College Of Nursing is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.0M |
| Total Expenses | $15.0M |
| Surplus / Deficit | $-974,548 |
| Total Assets | $15.2M |
| Total Liabilities | $5.7M |
| Net Assets | $9.5M |
| Operating Margin | -6.9% |
| Debt-to-Asset Ratio | 37.6% |
| Months of Reserves | 12.1 months |
Financial Health Grade: B
In 2023, Helene Fuld College Of Nursing reported a deficit of $975K with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 37.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Helene Fuld College Of Nursing's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.6% | +16.6% | -7.6% |
| 2022 | -22.4% | +24.0% | +8.9% |
| 2021 | +17.5% | +18.6% | +9.0% |
| 2020 | +30.2% | +14.7% | +34.9% |
| 2019 | +14.3% | +14.0% | +19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Helene Fuld College Of Nursing 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: 90%
- fundraising: 0%
According to IRS 990 filings, Helene Fuld College Of Nursing allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $975K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and suggests either volunteer leadership or compensation being reported under other expense categories.
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 Helene Fuld College Of Nursing's IRS 990 filings:
- Operating deficits in the two most recent periods (2022 and 2023)
- Significant increase in liabilities in 2022 without clear explanation in summary data
- 0% reported officer compensation, which is atypical for an organization of this scale and could obscure actual leadership costs if miscategorized.
Strengths
The following positive indicators were identified for Helene Fuld College Of Nursing:
- Consistent and substantial asset growth over the past decade, from $6.5M in 2014 to $15.1M in 2023
- Strong financial reserves with assets consistently exceeding liabilities
- No reported officer compensation, indicating a potential high dedication of resources to mission-related activities or volunteer leadership.
Frequently Asked Questions about Helene Fuld College Of Nursing
Is Helene Fuld College Of Nursing a legitimate charity?
Based on AI analysis of IRS 990 filings, Helene Fuld College Of Nursing (EIN: 133705284) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Helene Fuld College Of Nursing spend its money?
Helene Fuld College Of Nursing directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Helene Fuld College Of Nursing tax-deductible?
Helene Fuld College Of Nursing is registered as a tax-exempt nonprofit (EIN: 133705284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Helene Fuld College Of Nursing compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Helene Fuld College Of Nursing is above average for NTEE category E90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Helene Fuld College Of Nursing located?
Helene Fuld College Of Nursing is headquartered in New York, New York and files with the IRS under EIN 133705284. It is classified under NTEE code E90.
How many years of IRS 990 filings does Helene Fuld College Of Nursing have?
Helene Fuld College Of Nursing 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 $26.0M in total revenue.
Why did Helene Fuld College Of Nursing incur operating deficits in 2022 and 2023?
In 2022, expenses were $12,878,387 against revenue of $9,911,548, and in 2023, expenses were $15,011,274 against revenue of $14,036,726. The specific reasons for these deficits are not detailed in the provided summary data but warrant further investigation into their operational costs and revenue streams.
What caused the significant increase in liabilities in 2022?
Liabilities jumped from $1,357,045 in 2021 to $6,936,629 in 2022. The nature of these liabilities (e.g., new debt, deferred revenue, capital expenditures) is not specified in the provided data and would require reviewing the full IRS 990 filing.
How does the organization manage without reported officer compensation?
The consistent reporting of 0% for officer compensation across all filings is highly unusual for an organization with revenues exceeding $10 million. This could imply that leadership roles are entirely volunteer-based, or compensation is categorized differently within the expense structure, which would require a deeper dive into the financial statements.
Filing History
IRS 990 filing history for Helene Fuld College Of Nursing showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Helene Fuld College Of Nursing's revenue has grown by 153.4%, moving from $5.5M to $14.0M. Total assets increased by 208.4% over the same period, from $4.9M to $15.2M. Total functional expenses rose by 185.5%, from $5.3M to $15.0M. In its most recent filing year (2023), Helene Fuld College Of Nursing reported a deficit of $975K, with expenses exceeding revenue. The organization holds $5.7M in liabilities against $15.2M in assets (debt-to-asset ratio: 37.6%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.0M | $15.0M | $15.2M | $5.7M | — | — |
| 2022 | $9.9M | $12.9M | $16.4M | $6.9M | — | View 990 |
| 2021 | $12.8M | $10.4M | $15.1M | $1.4M | — | View 990 |
| 2020 | $10.9M | $8.8M | $13.9M | $2.1M | — | View 990 |
| 2019 | $8.4M | $7.6M | $10.3M | $1.1M | — | View 990 |
| 2018 | $7.3M | $6.7M | $8.6M | $816K | — | View 990 |
| 2017 | $6.7M | $6.5M | $8.4M | $803K | — | View 990 |
| 2016 | $6.5M | $6.5M | $8.0M | $861K | — | View 990 |
| 2015 | $7.9M | $6.5M | $7.7M | $753K | — | View 990 |
| 2014 | $7.2M | $6.2M | $6.6M | $828K | — | View 990 |
| 2013 | $7.0M | $6.2M | $5.5M | $887K | — | View 990 |
| 2012 | $5.3M | $5.9M | $4.6M | $927K | — | View 990 |
| 2011 | $5.5M | $5.3M | $4.9M | $689K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.0M, expenses of $15.0M, and assets of $15.2M (revenue +41.6% year-over-year).
- 2022: Revenue of $9.9M, expenses of $12.9M, and assets of $16.4M (revenue -22.4% year-over-year).
- 2021: Revenue of $12.8M, expenses of $10.4M, and assets of $15.1M (revenue +17.5% year-over-year).
- 2020: Revenue of $10.9M, expenses of $8.8M, and assets of $13.9M (revenue +30.2% year-over-year).
- 2019: Revenue of $8.4M, expenses of $7.6M, and assets of $10.3M (revenue +14.3% year-over-year).
- 2018: Revenue of $7.3M, expenses of $6.7M, and assets of $8.6M (revenue +9.4% year-over-year).
- 2017: Revenue of $6.7M, expenses of $6.5M, and assets of $8.4M (revenue +3.6% year-over-year).
- 2016: Revenue of $6.5M, expenses of $6.5M, and assets of $8.0M (revenue -17.9% year-over-year).
- 2015: Revenue of $7.9M, expenses of $6.5M, and assets of $7.7M (revenue +9.0% year-over-year).
- 2014: Revenue of $7.2M, expenses of $6.2M, and assets of $6.6M (revenue +2.2% year-over-year).
- 2013: Revenue of $7.0M, expenses of $6.2M, and assets of $5.5M (revenue +32.6% year-over-year).
- 2012: Revenue of $5.3M, expenses of $5.9M, and assets of $4.6M (revenue -4.1% year-over-year).
- 2011: Revenue of $5.5M, expenses of $5.3M, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helene Fuld College Of Nursing:
Data Sources and Methodology
This transparency report for Helene Fuld College Of Nursing 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.