Mary Manning Walsh Nursing Home Co Inc
Mary Manning Walsh Nursing Home Co Inc consistently operates with positive net income and reports no officer compensation.
EIN: 136220617 · New York, NY · NTEE: E910 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $85.0M |
| Total Expenses | $73.7M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $84,952,937 |
| Net Assets | $58.2M |
| Transparency Score | 90/100 |
Is Mary Manning Walsh Nursing Home Co Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mary Manning Walsh Nursing Home Co Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mary Manning Walsh Nursing Home Co Inc
Mary Manning Walsh Nursing Home Co Inc (EIN: 136220617) is a nonprofit organization based in New York, NY, classified under NTEE code E910. The organization reported total revenue of $85.0M and total assets of $72.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary Manning Walsh Nursing Home Co Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mary Manning Walsh Nursing Home Co Inc is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73.8M |
| Total Expenses | $73.7M |
| Surplus / Deficit | +$104K |
| Total Assets | $74.5M |
| Total Liabilities | $16.4M |
| Net Assets | $58.2M |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 22.0% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2023, Mary Manning Walsh Nursing Home Co Inc reported a surplus of $104K with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 22.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mary Manning Walsh Nursing Home Co Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.5% | +7.1% | +3.4% |
| 2022 | +2.3% | +8.2% | -5.0% |
| 2021 | +8.5% | +0.2% | +4.3% |
| 2020 | -4.4% | -1.8% | +7.3% |
| 2019 | -4.3% | -1.8% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 Mary Manning Walsh Nursing Home Co Inc with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Mary Manning Walsh Nursing Home Co Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $104K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size (latest revenue $84,952,937) and suggests a strong commitment to directing all funds to its mission.
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 Mary Manning Walsh Nursing Home Co Inc:
- Consistent positive net income, with revenues exceeding expenses in all reported periods (e.g., 2023: Revenue $73,807,490 vs. Expenses $73,703,203).
- Steady growth in assets from $54,418,411 in 2014 to $74,537,594 in 2023, indicating financial stability.
- Reports 0% officer compensation across all 13 filings, demonstrating a strong commitment to mission-focused spending.
- Low liabilities relative to assets (e.g., 2023: Liabilities $16,369,441 vs. Assets $74,537,594), indicating a healthy balance sheet.
- Efficient operations, as evidenced by expenses closely tracking revenues while maintaining a positive margin.
Frequently Asked Questions about Mary Manning Walsh Nursing Home Co Inc
Is Mary Manning Walsh Nursing Home Co Inc a legitimate charity?
Mary Manning Walsh Nursing Home Co Inc (EIN: 136220617) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $85.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Mary Manning Walsh Nursing Home Co Inc spend its money?
Mary Manning Walsh Nursing Home Co Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Mary Manning Walsh Nursing Home Co Inc tax-deductible?
Mary Manning Walsh Nursing Home Co Inc is registered as a tax-exempt nonprofit (EIN: 136220617). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mary Manning Walsh Nursing Home Co Inc CEO make?
Mary Manning Walsh Nursing Home Co Inc's highest-compensated officer earns $84,952,937 annually. The organization reported $85.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Mary Manning Walsh Nursing Home Co Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mary Manning Walsh Nursing Home Co Inc is above average for NTEE category E910 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mary Manning Walsh Nursing Home Co Inc located?
Mary Manning Walsh Nursing Home Co Inc is headquartered in New York, New York and files with the IRS under EIN 136220617. It is classified under NTEE code E910.
How many years of IRS 990 filings does Mary Manning Walsh Nursing Home Co Inc have?
Mary Manning Walsh Nursing Home Co Inc 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 $85.0M in total revenue.
Is Mary Manning Walsh Nursing Home Co Inc a good charity?
Based on the provided financial data, Mary Manning Walsh Nursing Home Co Inc appears to be a very good charity. It consistently operates with a positive net income, has growing assets, and notably reports 0% officer compensation, indicating a strong focus on its mission and efficient use of funds.
How has the organization's financial health changed over the last decade?
The organization's financial health has steadily improved over the last decade. Revenues have grown from $54,904,045 in 2014 to $73,807,490 in 2023, and assets have increased from $54,418,411 to $74,537,594 in the same period, demonstrating consistent growth and stability.
What is the significance of 0% officer compensation?
The 0% officer compensation is highly significant, especially for an organization with revenues exceeding $70 million. It suggests that the organization's leadership may be compensated through other means (e.g., as employees rather than officers) or that the organization is structured in a way that minimizes or eliminates executive salaries, directing more funds to program services.
Filing History
IRS 990 filing history for Mary Manning Walsh Nursing Home Co Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mary Manning Walsh Nursing Home Co Inc's revenue has grown by 38.5%, moving from $53.3M to $73.8M. Total assets increased by 80.2% over the same period, from $41.4M to $74.5M. Total functional expenses rose by 47.6%, from $49.9M to $73.7M. In its most recent filing year (2023), Mary Manning Walsh Nursing Home Co Inc reported a surplus of $104K, with revenue exceeding expenses. The organization holds $16.4M in liabilities against $74.5M in assets (debt-to-asset ratio: 22.0%), resulting in net assets of $58.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73.8M | $73.7M | $74.5M | $16.4M | — | — |
| 2022 | $70.6M | $68.8M | $72.1M | $14.5M | — | View 990 |
| 2021 | $69.0M | $63.6M | $75.9M | $16.5M | — | View 990 |
| 2020 | $63.6M | $63.5M | $72.8M | $19.6M | — | View 990 |
| 2019 | $66.5M | $64.7M | $67.9M | $14.0M | — | View 990 |
| 2018 | $69.5M | $65.9M | $66.1M | $13.4M | — | View 990 |
| 2017 | $60.4M | $60.1M | $65.3M | $13.6M | — | View 990 |
| 2016 | $57.5M | $55.0M | $61.1M | $11.3M | — | View 990 |
| 2015 | $57.9M | $54.8M | $58.3M | $11.5M | — | View 990 |
| 2014 | $54.9M | $51.4M | $54.4M | $10.1M | — | View 990 |
| 2013 | $54.0M | $51.5M | $47.5M | $10.8M | — | View 990 |
| 2012 | $55.6M | $50.3M | $45.1M | $11.5M | — | View 990 |
| 2011 | $53.3M | $49.9M | $41.4M | $12.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73.8M, expenses of $73.7M, and assets of $74.5M (revenue +4.5% year-over-year).
- 2022: Revenue of $70.6M, expenses of $68.8M, and assets of $72.1M (revenue +2.3% year-over-year).
- 2021: Revenue of $69.0M, expenses of $63.6M, and assets of $75.9M (revenue +8.5% year-over-year).
- 2020: Revenue of $63.6M, expenses of $63.5M, and assets of $72.8M (revenue -4.4% year-over-year).
- 2019: Revenue of $66.5M, expenses of $64.7M, and assets of $67.9M (revenue -4.3% year-over-year).
- 2018: Revenue of $69.5M, expenses of $65.9M, and assets of $66.1M (revenue +15.1% year-over-year).
- 2017: Revenue of $60.4M, expenses of $60.1M, and assets of $65.3M (revenue +4.9% year-over-year).
- 2016: Revenue of $57.5M, expenses of $55.0M, and assets of $61.1M (revenue -0.7% year-over-year).
- 2015: Revenue of $57.9M, expenses of $54.8M, and assets of $58.3M (revenue +5.5% year-over-year).
- 2014: Revenue of $54.9M, expenses of $51.4M, and assets of $54.4M (revenue +1.6% year-over-year).
- 2013: Revenue of $54.0M, expenses of $51.5M, and assets of $47.5M (revenue -2.8% year-over-year).
- 2012: Revenue of $55.6M, expenses of $50.3M, and assets of $45.1M (revenue +4.3% year-over-year).
- 2011: Revenue of $53.3M, expenses of $49.9M, and assets of $41.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mary Manning Walsh Nursing Home Co Inc:
Data Sources and Methodology
This transparency report for Mary Manning Walsh Nursing Home Co 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.