Lake Sunapee Region Visiting Nurse Association
Lake Sunapee Region VNA consistently operates with significant surpluses and no reported officer compensation.
EIN: 20438862 · New London, NH · NTEE: E92Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $335K |
| Total Expenses | $111K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $300,000 |
| Net Assets | $2.3M |
| Transparency Score | 95/100 |
Is Lake Sunapee Region Visiting Nurse Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lake Sunapee Region Visiting Nurse Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lake Sunapee Region Visiting Nurse Association
Lake Sunapee Region Visiting Nurse Association (EIN: 20438862) is a nonprofit organization based in New London, NH, classified under NTEE code E92Z. The organization reported total revenue of $335K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Sunapee Region Visiting Nurse Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Sunapee Region Visiting Nurse Association is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $313K |
| Total Expenses | $111K |
| Surplus / Deficit | +$202K |
| Total Assets | $2.3M |
| Total Liabilities | $1K |
| Net Assets | $2.3M |
| Operating Margin | 64.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 244.4 months |
Financial Health Grade: A
In 2023, Lake Sunapee Region Visiting Nurse Association reported a surplus of $202K with revenue exceeding expenses, holds 244.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lake Sunapee Region Visiting Nurse Association's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | +7.9% | +9.8% |
| 2022 | +8.7% | -2.1% | +10.8% |
| 2021 | +15.5% | +6.1% | +10.1% |
| 2020 | +0.9% | -1.9% | +9.4% |
| 2019 | -10.1% | -6.3% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Lake Sunapee Region Visiting Nurse Association with a Mission Score of 95 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, Lake Sunapee Region Visiting Nurse Association 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 surplus of $202K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $300,000 in annual revenue and suggests exceptional dedication or a unique operational model.
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 Lake Sunapee Region Visiting Nurse Association's IRS 990 filings:
- Unusually low expenses relative to revenue, potentially indicating underreporting or a very specific operational model that warrants further investigation.
- Consistent 0% officer compensation, which is highly uncommon for an organization of this size and could imply executive roles are filled by volunteers or compensated in non-officer categories.
Strengths
The following positive indicators were identified for Lake Sunapee Region Visiting Nurse Association:
- Consistent and significant financial surpluses, demonstrating strong financial management.
- Steady growth in assets over the past decade, indicating long-term stability.
- Extremely low administrative overhead, as suggested by the 0% officer compensation.
- High program efficiency, with a large portion of revenue remaining after expenses.
- Long and consistent history of IRS 990 filings, indicating good transparency and compliance.
Frequently Asked Questions about Lake Sunapee Region Visiting Nurse Association
Is Lake Sunapee Region Visiting Nurse Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Sunapee Region Visiting Nurse Association (EIN: 20438862) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Lake Sunapee Region Visiting Nurse Association spend its money?
Lake Sunapee Region Visiting Nurse Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lake Sunapee Region Visiting Nurse Association tax-deductible?
Lake Sunapee Region Visiting Nurse Association is registered as a tax-exempt nonprofit (EIN: 20438862). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lake Sunapee Region Visiting Nurse Association CEO make?
Lake Sunapee Region Visiting Nurse Association's highest-compensated officer earns $300,000 annually. The organization reported $335K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Lake Sunapee Region Visiting Nurse Association compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Lake Sunapee Region Visiting Nurse Association is above average for NTEE category E92Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lake Sunapee Region Visiting Nurse Association located?
Lake Sunapee Region Visiting Nurse Association is headquartered in New London, New Hampshire and files with the IRS under EIN 20438862. It is classified under NTEE code E92Z.
How many years of IRS 990 filings does Lake Sunapee Region Visiting Nurse Association have?
Lake Sunapee Region Visiting Nurse Association 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 $335K in total revenue.
Is Lake Sunapee Region Visiting Nurse Association a good charity?
Based on the provided financial data, Lake Sunapee Region Visiting Nurse Association appears to be a very good charity. It consistently generates significant surpluses, has growing assets, and reports 0% officer compensation, indicating high efficiency and a strong focus on its mission.
How does the organization manage to have 0% officer compensation?
The filings consistently show 0% officer compensation, which could mean the organization is entirely run by volunteers, or that executive functions are performed by staff whose compensation is categorized differently (e.g., program staff) or by an affiliated entity. This is a notable aspect of its financial structure.
What is the trend in the organization's financial health?
The organization shows a strong positive trend in financial health. Revenue has steadily increased from $201,628 in 2014 to $313,414 in 2023, while expenses have remained relatively low, leading to consistent surpluses and a substantial growth in assets from $782,423 to $2,269,170 over the same period.
Filing History
IRS 990 filing history for Lake Sunapee Region Visiting Nurse Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lake Sunapee Region Visiting Nurse Association's revenue has grown by 126.7%, moving from $138K to $313K. Total assets increased by 102.7% over the same period, from $1.1M to $2.3M. Total functional expenses rose by 32.4%, from $84K to $111K. In its most recent filing year (2023), Lake Sunapee Region Visiting Nurse Association reported a surplus of $202K, with revenue exceeding expenses. The organization holds $1K in liabilities against $2.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $313K | $111K | $2.3M | $1K | — | — |
| 2022 | $304K | $103K | $2.1M | $1K | — | View 990 |
| 2021 | $280K | $106K | $1.9M | $186 | — | View 990 |
| 2020 | $242K | $99K | $1.7M | $3K | — | View 990 |
| 2019 | $240K | $101K | $1.5M | $367 | — | View 990 |
| 2018 | $267K | $108K | $1.4M | $326 | — | View 990 |
| 2017 | $256K | $104K | $1.3M | $562 | — | View 990 |
| 2016 | $265K | $91K | $1.1M | $37K | — | View 990 |
| 2015 | $227K | $86K | $1.1M | $162K | — | View 990 |
| 2014 | $202K | $79K | $782K | $569 | — | View 990 |
| 2013 | $188K | $77K | $661K | $1K | — | View 990 |
| 2012 | $204K | $76K | $549K | $1K | — | View 990 |
| 2011 | $138K | $84K | $1.1M | $700K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $313K, expenses of $111K, and assets of $2.3M (revenue +3.0% year-over-year).
- 2022: Revenue of $304K, expenses of $103K, and assets of $2.1M (revenue +8.7% year-over-year).
- 2021: Revenue of $280K, expenses of $106K, and assets of $1.9M (revenue +15.5% year-over-year).
- 2020: Revenue of $242K, expenses of $99K, and assets of $1.7M (revenue +0.9% year-over-year).
- 2019: Revenue of $240K, expenses of $101K, and assets of $1.5M (revenue -10.1% year-over-year).
- 2018: Revenue of $267K, expenses of $108K, and assets of $1.4M (revenue +4.4% year-over-year).
- 2017: Revenue of $256K, expenses of $104K, and assets of $1.3M (revenue -3.5% year-over-year).
- 2016: Revenue of $265K, expenses of $91K, and assets of $1.1M (revenue +16.9% year-over-year).
- 2015: Revenue of $227K, expenses of $86K, and assets of $1.1M (revenue +12.5% year-over-year).
- 2014: Revenue of $202K, expenses of $79K, and assets of $782K (revenue +7.1% year-over-year).
- 2013: Revenue of $188K, expenses of $77K, and assets of $661K (revenue -7.7% year-over-year).
- 2012: Revenue of $204K, expenses of $76K, and assets of $549K (revenue +47.5% year-over-year).
- 2011: Revenue of $138K, expenses of $84K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Sunapee Region Visiting Nurse Association:
Data Sources and Methodology
This transparency report for Lake Sunapee Region Visiting Nurse Association 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.