Moorestown Visiting Nurse Association Inc

Moorestown VNA experiences significant revenue decline and operating deficits while maintaining strong asset base.

EIN: 210634998 · Moorestown, NJ · Updated: 2026-03-28

$6.1MRevenue

$28.9MAssets

70/100Mission Score (Good)

About Moorestown Visiting Nurse Association Inc

Moorestown Visiting Nurse Association Inc (EIN: 210634998) is a nonprofit organization based in Moorestown, NJ. The organization reported total revenue of $6.1M and total assets of $28.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moorestown Visiting Nurse Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Moorestown Visiting Nurse Association Inc has experienced a significant decline in revenue over the past few years, dropping from $25,347,080 in 2017 to $8,135,528 in 2023. This trend is concerning, especially as expenses have not decreased proportionally, leading to operating deficits in recent years, such as the $3,331,914 deficit in 2023. Despite these operational challenges, the organization maintains a strong asset base, with $28,204,392 in assets against relatively low liabilities of $778,760 in 2023, indicating good financial stability from an asset perspective.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The substantial decline in revenue warrants further investigation into the causes and the organization's strategic response to ensure long-term sustainability and program delivery.

Transparency appears to be a strong point, given the consistent filing of IRS Form 990s and the clear reporting of key financial metrics. The absence of officer compensation is a notable positive for transparency and efficient use of funds. However, a more detailed breakdown of expenses would enhance understanding of how funds are allocated across different functions.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Moorestown Visiting Nurse Association Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Moorestown Visiting Nurse Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size with assets exceeding $28 million. This suggests either a volunteer leadership structure or compensation is reported under other expense categories, warranting further investigation.

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 Moorestown Visiting Nurse Association Inc's IRS 990 filings:

Significant and consistent decline in annual revenue from $25.3M in 2017 to $8.1M in 2023.
Operating deficits in recent years, with expenses exceeding revenue by $3.3M in 2023 and $1.2M in 2022.
Unusually reported 0% officer compensation for an organization of this size and asset base, which may indicate a lack of transparency or miscategorization of expenses.

Strengths

The following positive indicators were identified for Moorestown Visiting Nurse Association Inc:

Strong asset base of $28,204,392 in 2023, providing financial stability despite operating deficits.
Low liabilities relative to assets ($778,760 in 2023), indicating a healthy balance sheet.
Consistent filing of IRS Form 990s, demonstrating a commitment to regulatory transparency.

Frequently Asked Questions about Moorestown Visiting Nurse Association Inc

Why has Moorestown VNA's revenue declined so sharply since 2017?

The organization's revenue has decreased from $25,347,080 in 2017 to $8,135,528 in 2023, a significant drop that requires further investigation into changes in funding sources, service demand, or operational strategy.

How does Moorestown VNA cover its operating deficits?

In 2023, expenses exceeded revenue by $3,331,914. With a strong asset base of $28,204,392, the organization likely covers these deficits by drawing from reserves or investment income, but this is not sustainable long-term without revenue growth or expense reduction.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided data does not offer a detailed breakdown of expenses. Understanding these categories is crucial for assessing spending efficiency and ensuring funds are primarily directed towards programs.

Is the 0% officer compensation accurate, or is compensation reported elsewhere?

The consistent reporting of 0% officer compensation is highly unusual for an organization with over $28 million in assets and significant operations. It's important to verify if executive compensation is truly zero or if it's categorized under other expense lines.

Filing History

IRS 990 filing history for Moorestown Visiting Nurse Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Moorestown Visiting Nurse Association Inc's revenue has declined by 69.2%, moving from $26.5M to $8.1M. Total assets increased by 68.4% over the same period, from $16.7M to $28.2M. Total functional expenses fell by 53.5%, from $24.7M to $11.5M. In its most recent filing year (2023), Moorestown Visiting Nurse Association Inc reported a deficit of $3.3M, with expenses exceeding revenue. The organization holds $779K in liabilities against $28.2M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $27.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$8.1M	$11.5M	$28.2M	$779K	—	—
2022	$11.6M	$12.8M	$31.5M	$718K	—	View 990
2021	$14.7M	$12.3M	$33.1M	$891K	—	View 990
2020	$13.7M	$14.6M	$32.2M	$2.7M	—	View 990
2019	$21.2M	$20.3M	$31.0M	$730K	—	View 990
2018	$23.9M	$22.7M	$30.4M	$1.2M	—	View 990
2017	$25.3M	$23.3M	$29.4M	$1.3M	—	View 990
2016	$24.8M	$22.2M	$27.1M	$1.2M	—	View 990
2015	$24.0M	$21.4M	$24.5M	$1.2M	—	View 990
2014	$22.7M	$20.5M	$21.7M	$986K	—	View 990
2013	$23.8M	$22.2M	$20.0M	$1.5M	—	View 990
2012	$24.6M	$23.4M	$18.3M	$1.5M	—	View 990
2011	$26.5M	$24.7M	$16.7M	$1.2M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $8.1M, expenses of $11.5M, and assets of $28.2M (revenue -29.8% year-over-year).
2022: Revenue of $11.6M, expenses of $12.8M, and assets of $31.5M (revenue -21.0% year-over-year).
2021: Revenue of $14.7M, expenses of $12.3M, and assets of $33.1M (revenue +7.2% year-over-year).
2020: Revenue of $13.7M, expenses of $14.6M, and assets of $32.2M (revenue -35.5% year-over-year).
2019: Revenue of $21.2M, expenses of $20.3M, and assets of $31.0M (revenue -11.2% year-over-year).
2018: Revenue of $23.9M, expenses of $22.7M, and assets of $30.4M (revenue -5.7% year-over-year).
2017: Revenue of $25.3M, expenses of $23.3M, and assets of $29.4M (revenue +2.1% year-over-year).
2016: Revenue of $24.8M, expenses of $22.2M, and assets of $27.1M (revenue +3.6% year-over-year).
2015: Revenue of $24.0M, expenses of $21.4M, and assets of $24.5M (revenue +5.7% year-over-year).
2014: Revenue of $22.7M, expenses of $20.5M, and assets of $21.7M (revenue -4.7% year-over-year).
2013: Revenue of $23.8M, expenses of $22.2M, and assets of $20.0M (revenue -3.1% year-over-year).
2012: Revenue of $24.6M, expenses of $23.4M, and assets of $18.3M (revenue -7.1% year-over-year).
2011: Revenue of $26.5M, expenses of $24.7M, and assets of $16.7M.

Data Sources and Methodology

This transparency report for Moorestown Visiting Nurse Association 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.