Karen Ann Quinlan Center Of Hope Hospice
Karen Ann Quinlan Center Of Hope Hospice: Consistent Revenue, Declining Assets
EIN: 222191055 · Newton, NJ · NTEE: P74I · Updated: 2026-04-04
About Karen Ann Quinlan Center Of Hope Hospice
Karen Ann Quinlan Center Of Hope Hospice (EIN: 222191055) is a nonprofit organization based in Newton, NJ, classified under NTEE code P74I. The organization reported total revenue of $11.4M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Karen Ann Quinlan Center Of Hope Hospice'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 Karen Ann Quinlan Center Of Hope Hospice 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, Karen Ann Quinlan Center Of Hope Hospice 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
Executive compensation is not explicitly detailed in the provided data, but the consistent reporting of 0% compensation from related parties suggests a lack of direct financial conflicts of interest for executives.
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 Karen Ann Quinlan Center Of Hope Hospice's IRS 990 filings:
- Significant decline in total assets from $4,127,253 in 2021 to $2,180,190 in 2023, warranting further investigation into the cause.
- Expenses have exceeded revenue in multiple years (e.g., 2022: revenue $8,521,211 vs. expenses $9,593,128), indicating potential operational deficits.
Strengths
The following positive indicators were identified for Karen Ann Quinlan Center Of Hope Hospice:
- Consistent revenue generation over several years, demonstrating stable operational funding.
- Low liability-to-asset ratio, indicating good financial health in terms of debt management.
- Consistent reporting of 0% compensation from related parties, suggesting strong governance regarding conflicts of interest.
Frequently Asked Questions about Karen Ann Quinlan Center Of Hope Hospice
What does Karen Ann Quinlan Center Of Hope Hospice do?
Karen Ann Quinlan Center Of Hope Hospice is a nonprofit organization in the Human Services sector, located in Newton, New Jersey. It is classified under NTEE code P74I.
How much revenue does Karen Ann Quinlan Center Of Hope Hospice have?
Karen Ann Quinlan Center Of Hope Hospice reported total revenue of $11,368,435. Based on 13 IRS 990 filings on record.
What are Karen Ann Quinlan Center Of Hope Hospice's total assets?
Karen Ann Quinlan Center Of Hope Hospice holds total assets of $2,352,262 as reported in IRS 990 filings.
Where is Karen Ann Quinlan Center Of Hope Hospice located?
Karen Ann Quinlan Center Of Hope Hospice is based in Newton, New Jersey.
What is Karen Ann Quinlan Center Of Hope Hospice's EIN?
Karen Ann Quinlan Center Of Hope Hospice's Employer Identification Number (EIN) is 222191055. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Karen Ann Quinlan Center Of Hope Hospice?
Karen Ann Quinlan Center Of Hope Hospice is classified under NTEE code P74I (Human Services).
Is Karen Ann Quinlan Center Of Hope Hospice a registered 501(c)(3)?
Yes, Karen Ann Quinlan Center Of Hope Hospice is recognized as a tax-exempt organization by the IRS. EIN: 222191055.
Does Karen Ann Quinlan Center Of Hope Hospice file IRS Form 990?
Yes, Karen Ann Quinlan Center Of Hope Hospice has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Karen Ann Quinlan Center Of Hope Hospice's revenue in 2023?
In the 202312 filing period, Karen Ann Quinlan Center Of Hope Hospice reported total revenue of $9,043,817, total expenses of $10,194,321, and net assets of $2,180,190.
Is Karen Ann Quinlan Center Of Hope Hospice's revenue growing or declining?
Karen Ann Quinlan Center Of Hope Hospice's revenue is growing. Revenue went from $8,521,211 (202212) to $9,043,817 (202312), a +6.1% change. Based on 13 filings on record.
What is Karen Ann Quinlan Center Of Hope Hospice's most recent 990 filing?
The most recent IRS Form 990 filing for Karen Ann Quinlan Center Of Hope Hospice covers tax period 202312. It shows revenue of $9,043,817, expenses of $10,194,321, total assets of $2,180,190, and liabilities of $1,022,248.
How much does Karen Ann Quinlan Center Of Hope Hospice spend on programs vs administration?
Based on IRS 990 analysis, Karen Ann Quinlan Center Of Hope Hospice allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Karen Ann Quinlan Center Of Hope Hospice a trustworthy charity?
Based on AI analysis of IRS 990 data, Karen Ann Quinlan Center Of Hope Hospice appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Karen Ann Quinlan Center Of Hope Hospice?
The following concerns were identified: Significant decline in total assets from $4,127,253 in 2021 to $2,180,190 in 2023, warranting further investigation into the cause.. Expenses have exceeded revenue in multiple years (e.g., 2022: revenue $8,521,211 vs. expenses $9,593,128), indicating potential operational deficits.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Karen Ann Quinlan Center Of Hope Hospice's strengths?
Positive indicators for Karen Ann Quinlan Center Of Hope Hospice include: Consistent revenue generation over several years, demonstrating stable operational funding.. Low liability-to-asset ratio, indicating good financial health in terms of debt management.. Consistent reporting of 0% compensation from related parties, suggesting strong governance regarding conflicts of interest.. These findings are derived from AI analysis of the organization's financial filings.
How does Karen Ann Quinlan Center Of Hope Hospice compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the consistent reporting of 0% compensation from related parties suggests a lack of direct financial conflicts of interest for executives. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the substantial decrease in total assets from $4,127,253 in 2021 to $2,180,190 in 2023, despite consistent revenue?
The provided data does not specify the reasons for the asset decline. This could be due to significant capital expenditures, investment losses, or changes in asset valuation. Further financial statements would be needed to understand this trend.
Given that expenses have exceeded revenue in several years, how does the organization maintain its operational stability and what strategies are in place to address these deficits?
While expenses have exceeded revenue in some years, the organization's ability to continue operations suggests it may be drawing from reserves, receiving significant non-operating income not captured in 'r' (revenue), or managing cash flow effectively. A detailed breakdown of funding sources and expense categories would clarify this.
Filing History
IRS 990 filing history for Karen Ann Quinlan Center Of Hope Hospice showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Karen Ann Quinlan Center Of Hope Hospice's revenue has grown by 12%, moving from $8.1M to $9.0M. Total assets decreased by 20.2% over the same period, from $2.7M to $2.2M. Total functional expenses rose by 17%, from $8.7M to $10.2M. In its most recent filing year (2023), Karen Ann Quinlan Center Of Hope Hospice reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $2.2M in assets (debt-to-asset ratio: 46.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.0M | $10.2M | $2.2M | $1.0M | — | View 990 |
| 2022 | $8.5M | $9.6M | $3.2M | $933K | — | View 990 |
| 2021 | $10.1M | $9.0M | $4.1M | $747K | — | View 990 |
| 2020 | $9.1M | $8.5M | $3.9M | $1.7M | — | View 990 |
| 2019 | $7.9M | $8.1M | $2.3M | $675K | — | View 990 |
| 2018 | $7.8M | $8.2M | $2.5M | $665K | — | View 990 |
| 2017 | $7.8M | $7.6M | $2.9M | $689K | — | — |
| 2016 | $6.9M | $7.0M | $2.7M | $571K | — | View 990 |
| 2015 | $7.1M | $7.0M | $2.6M | $413K | — | View 990 |
| 2014 | $6.4M | $6.3M | $2.7M | $589K | — | View 990 |
| 2013 | $6.5M | $7.1M | $2.5M | $400K | — | View 990 |
| 2012 | $8.7M | $8.2M | $3.1M | $365K | — | View 990 |
| 2011 | $8.1M | $8.7M | $2.7M | $467K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.0M, expenses of $10.2M, and assets of $2.2M (revenue +6.1% year-over-year).
- 2022: Revenue of $8.5M, expenses of $9.6M, and assets of $3.2M (revenue -15.7% year-over-year).
- 2021: Revenue of $10.1M, expenses of $9.0M, and assets of $4.1M (revenue +11.0% year-over-year).
- 2020: Revenue of $9.1M, expenses of $8.5M, and assets of $3.9M (revenue +15.7% year-over-year).
- 2019: Revenue of $7.9M, expenses of $8.1M, and assets of $2.3M (revenue +1.5% year-over-year).
- 2018: Revenue of $7.8M, expenses of $8.2M, and assets of $2.5M (revenue +0.0% year-over-year).
- 2017: Revenue of $7.8M, expenses of $7.6M, and assets of $2.9M (revenue +11.9% year-over-year).
- 2016: Revenue of $6.9M, expenses of $7.0M, and assets of $2.7M (revenue -2.0% year-over-year).
- 2015: Revenue of $7.1M, expenses of $7.0M, and assets of $2.6M (revenue +10.3% year-over-year).
- 2014: Revenue of $6.4M, expenses of $6.3M, and assets of $2.7M (revenue -1.3% year-over-year).
- 2013: Revenue of $6.5M, expenses of $7.1M, and assets of $2.5M (revenue -25.1% year-over-year).
- 2012: Revenue of $8.7M, expenses of $8.2M, and assets of $3.1M (revenue +7.3% year-over-year).
- 2011: Revenue of $8.1M, expenses of $8.7M, and assets of $2.7M.
Data Sources and Methodology
This transparency report for Karen Ann Quinlan Center Of Hope Hospice 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.