Hospice Of The North Country Inc

Hospice Of The North Country Inc shows strong financial growth and consistent surpluses, with no reported officer compensation.

EIN: 141701365 · Plattsburgh, NY · NTEE: P74Z · Updated: 2026-03-28

$3.2MRevenue

$7.8MAssets

88/100Mission Score (Excellent)

P74Z

About Hospice Of The North Country Inc

Hospice Of The North Country Inc (EIN: 141701365) is a nonprofit organization based in Plattsburgh, NY, classified under NTEE code P74Z. The organization reported total revenue of $3.2M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospice Of The North Country Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hospice Of The North Country Inc demonstrates a generally healthy financial position with consistent revenue streams and a strong asset base. In the most recent filing (202312), the organization reported revenue of $4,179,307 against expenses of $2,271,849, indicating a significant surplus for the period. This trend of revenue exceeding expenses is largely consistent across recent years, contributing to a substantial growth in assets from $2,873,179 in 2015 to $7,279,599 in 2023. The organization's liabilities remain relatively low compared to its assets, suggesting good financial management and solvency.

While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratio to revenue appears favorable, particularly in 2023. The consistent growth in assets over the past decade, coupled with positive net income in most years, points to a financially stable and growing organization. The absence of reported officer compensation in all provided filings is a notable aspect of its financial structure, potentially indicating a volunteer-led executive team or compensation structured differently, which could contribute to lower administrative overhead.

To fully assess spending efficiency, a detailed breakdown of expenses would be necessary. However, the available data suggests a well-managed organization that is effectively growing its financial resources. The consistent filing of IRS 990s over 13 periods indicates a commitment to transparency, providing public access to their financial information.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hospice Of The North Country Inc with a Mission Score of 88 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, Hospice Of The North Country 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all provided filings, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which could contribute to lower administrative costs.

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.

Strengths

The following positive indicators were identified for Hospice Of The North Country Inc:

Strong asset growth: Assets increased from $2.87 million in 2015 to $7.28 million in 2023.
Consistent financial surpluses: Revenue frequently exceeds expenses, notably in 2023 with a $1.9 million surplus.
No reported officer compensation: This could indicate efficient use of funds or a volunteer-driven leadership.
Low liabilities relative to assets: Liabilities are consistently a small fraction of total assets, indicating good financial health.
Consistent IRS 990 filing history: 13 filings demonstrate a commitment to transparency.

Frequently Asked Questions about Hospice Of The North Country Inc

Is Hospice Of The North Country Inc financially stable?

Yes, the organization appears financially stable, with assets growing from $2.87 million in 2015 to $7.28 million in 2023, and revenue consistently exceeding expenses in most recent years, including a significant surplus in 2023 ($4,179,307 revenue vs. $2,271,849 expenses).

How has the organization's revenue trended over time?

Revenue has shown a generally upward trend, fluctuating but increasing from $2.6 million in 2015 to over $4.1 million in 2023, indicating growth in its financial capacity.

What is the organization's approach to executive compensation?

Based on the provided data, the organization reports 0% officer compensation in all filings, suggesting a model where top leadership may not receive direct compensation or it's structured differently.

Filing History

IRS 990 filing history for Hospice Of The North Country Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hospice Of The North Country Inc's revenue has grown by 43.9%, moving from $2.9M to $4.2M. Total assets increased by 257.8% over the same period, from $2.0M to $7.3M. Total functional expenses fell by 20.2%, from $2.8M to $2.3M. In its most recent filing year (2023), Hospice Of The North Country Inc reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $366K in liabilities against $7.3M in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $6.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$4.2M	$2.3M	$7.3M	$366K	—	—
2022	$2.5M	$2.4M	$5.3M	$327K	—	View 990
2021	$3.1M	$2.4M	$5.5M	$486K	—	View 990
2020	$2.9M	$2.3M	$5.1M	$633K	—	View 990
2019	$2.9M	$2.6M	$4.5M	$555K	—	View 990
2018	$3.0M	$2.5M	$4.1M	$622K	—	View 990
2017	$2.7M	$2.4M	$3.6M	$459K	—	—
2016	$2.6M	$2.5M	$3.1M	$351K	—	View 990
2015	$2.6M	$2.7M	$2.9M	$362K	—	View 990
2014	$3.3M	$3.0M	$3.1M	$362K	—	View 990
2013	$3.4M	$3.0M	$2.9M	$424K	—	View 990
2012	$3.2M	$2.8M	$2.6M	$480K	—	View 990
2011	$2.9M	$2.8M	$2.0M	$379K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $4.2M, expenses of $2.3M, and assets of $7.3M (revenue +64.7% year-over-year).
2022: Revenue of $2.5M, expenses of $2.4M, and assets of $5.3M (revenue -17.8% year-over-year).
2021: Revenue of $3.1M, expenses of $2.4M, and assets of $5.5M (revenue +7.8% year-over-year).
2020: Revenue of $2.9M, expenses of $2.3M, and assets of $5.1M (revenue -2.0% year-over-year).
2019: Revenue of $2.9M, expenses of $2.6M, and assets of $4.5M (revenue -3.9% year-over-year).
2018: Revenue of $3.0M, expenses of $2.5M, and assets of $4.1M (revenue +12.2% year-over-year).
2017: Revenue of $2.7M, expenses of $2.4M, and assets of $3.6M (revenue +3.3% year-over-year).
2016: Revenue of $2.6M, expenses of $2.5M, and assets of $3.1M (revenue +0.6% year-over-year).
2015: Revenue of $2.6M, expenses of $2.7M, and assets of $2.9M (revenue -20.5% year-over-year).
2014: Revenue of $3.3M, expenses of $3.0M, and assets of $3.1M (revenue -4.1% year-over-year).
2013: Revenue of $3.4M, expenses of $3.0M, and assets of $2.9M (revenue +6.9% year-over-year).
2012: Revenue of $3.2M, expenses of $2.8M, and assets of $2.6M (revenue +10.2% year-over-year).
2011: Revenue of $2.9M, expenses of $2.8M, and assets of $2.0M.

Data Sources and Methodology

This transparency report for Hospice Of The North Country 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.