Mount Vernon Neighborhood Health Center Inc
Mount Vernon Neighborhood Health Center Inc shows consistent revenue growth and asset accumulation, with undisclosed executive compensation.
EIN: 133315508 · Mt Vernon, NY · NTEE: E320 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $40.0M |
| Total Expenses | $35.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $32.6M |
| Transparency Score | 75/100 |
Is Mount Vernon Neighborhood Health Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Vernon Neighborhood Health Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Vernon Neighborhood Health Center Inc
Mount Vernon Neighborhood Health Center Inc (EIN: 133315508) is a nonprofit organization based in Mt Vernon, NY, classified under NTEE code E320. The organization reported total revenue of $40.0M and total assets of $40.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Vernon Neighborhood Health Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Vernon Neighborhood Health Center Inc is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47.0M |
| Total Expenses | $35.9M |
| Surplus / Deficit | +$11.1M |
| Total Assets | $43.6M |
| Total Liabilities | $11.0M |
| Net Assets | $32.6M |
| Operating Margin | 23.6% |
| Debt-to-Asset Ratio | 25.2% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2023, Mount Vernon Neighborhood Health Center Inc reported a surplus of $11.1M with revenue exceeding expenses, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 25.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mount Vernon Neighborhood Health Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | +6.7% | +38.5% |
| 2022 | +47.8% | +7.4% | +29.6% |
| 2021 | +16.8% | +0.6% | +4.8% |
| 2020 | -19.9% | -8.0% | +1.2% |
| 2019 | -2.7% | -2.8% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Mount Vernon Neighborhood Health Center Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mount Vernon Neighborhood Health Center 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.2%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for Officer Compensation, which is unusual for an organization of this size with over $40 million in annual revenue and assets. This lack of reported executive compensation raises questions about the transparency of how leadership is compensated, as it's unlikely no officers receive any remuneration.
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 Mount Vernon Neighborhood Health Center Inc's IRS 990 filings:
- Consistent 0% reported for Officer Compensation, raising transparency concerns about executive pay.
- Significant fluctuations in liabilities, from $6.4 million in 2019 to $15.1 million in 2021, then down to $11.0 million in 2023, warranting further investigation into their nature.
Strengths
The following positive indicators were identified for Mount Vernon Neighborhood Health Center Inc:
- Strong revenue growth, increasing from $31.1 million in 2021 to $46.9 million in 2023.
- Consistent asset growth, from $24.2 million in 2021 to $43.6 million in 2023, indicating financial stability and capacity.
- Positive net income in recent years (e.g., $11 million surplus in 2023), demonstrating effective financial management.
- Long filing history (13 filings) suggests consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Mount Vernon Neighborhood Health Center Inc
Is Mount Vernon Neighborhood Health Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Vernon Neighborhood Health Center Inc (EIN: 133315508) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Mount Vernon Neighborhood Health Center Inc spend its money?
Mount Vernon Neighborhood Health Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Vernon Neighborhood Health Center Inc tax-deductible?
Mount Vernon Neighborhood Health Center Inc is registered as a tax-exempt nonprofit (EIN: 133315508). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mount Vernon Neighborhood Health Center Inc CEO make?
Mount Vernon Neighborhood Health Center Inc's highest-compensated officer earns $40 annually. The organization reported $40.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mount Vernon Neighborhood Health Center Inc's spending goes to programs?
Mount Vernon Neighborhood Health Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mount Vernon Neighborhood Health Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mount Vernon Neighborhood Health Center Inc is above average for NTEE category E320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mount Vernon Neighborhood Health Center Inc located?
Mount Vernon Neighborhood Health Center Inc is headquartered in Mt Vernon, New York and files with the IRS under EIN 133315508. It is classified under NTEE code E320.
How many years of IRS 990 filings does Mount Vernon Neighborhood Health Center Inc have?
Mount Vernon Neighborhood Health Center 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 $40.0M in total revenue.
Is Mount Vernon Neighborhood Health Center Inc a good charity?
Financially, the organization appears stable with growing assets and revenues. However, the lack of reported executive compensation in its IRS 990 filings is a significant transparency concern that prevents a full assessment of its efficiency and governance.
How has the organization's financial health changed over the last few years?
Mount Vernon Neighborhood Health Center Inc has shown strong financial growth, with revenue increasing from $31.1 million in 2021 to $46.9 million in 2023, and assets growing from $24.2 million to $43.6 million in the same period. This indicates improving financial health.
What is the trend in their expenses versus revenue?
In recent years, the organization has consistently generated more revenue than expenses. For example, in 2023, revenue was $46,977,548 against expenses of $35,912,785, resulting in a surplus. This is a positive trend, especially compared to earlier years like 2020 and 2019 where expenses exceeded revenue.
Filing History
IRS 990 filing history for Mount Vernon Neighborhood Health Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mount Vernon Neighborhood Health Center Inc's revenue has grown by 34.9%, moving from $34.8M to $47.0M. Total assets increased by 74.9% over the same period, from $24.9M to $43.6M. Total functional expenses rose by 9.3%, from $32.8M to $35.9M. In its most recent filing year (2023), Mount Vernon Neighborhood Health Center Inc reported a surplus of $11.1M, with revenue exceeding expenses. The organization holds $11.0M in liabilities against $43.6M in assets (debt-to-asset ratio: 25.2%), resulting in net assets of $32.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47.0M | $35.9M | $43.6M | $11.0M | — | — |
| 2022 | $46.1M | $33.7M | $31.5M | $9.9M | — | View 990 |
| 2021 | $31.2M | $31.3M | $24.3M | $15.2M | — | View 990 |
| 2020 | $26.7M | $31.1M | $23.2M | $13.9M | — | View 990 |
| 2019 | $33.3M | $33.9M | $22.9M | $6.5M | — | View 990 |
| 2018 | $34.3M | $34.8M | $23.8M | $6.9M | — | View 990 |
| 2017 | $33.5M | $32.9M | $26.5M | $8.9M | — | View 990 |
| 2016 | $32.7M | $32.2M | $27.1M | $10.2M | — | View 990 |
| 2015 | $35.7M | $32.9M | $29.4M | $10.9M | — | View 990 |
| 2014 | $36.0M | $35.7M | $28.9M | $11.2M | — | View 990 |
| 2013 | $30.0M | $38.8M | $28.5M | $11.2M | — | View 990 |
| 2012 | $43.5M | $33.6M | $37.9M | $11.5M | — | View 990 |
| 2011 | $34.8M | $32.8M | $24.9M | $8.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47.0M, expenses of $35.9M, and assets of $43.6M (revenue +1.9% year-over-year).
- 2022: Revenue of $46.1M, expenses of $33.7M, and assets of $31.5M (revenue +47.8% year-over-year).
- 2021: Revenue of $31.2M, expenses of $31.3M, and assets of $24.3M (revenue +16.8% year-over-year).
- 2020: Revenue of $26.7M, expenses of $31.1M, and assets of $23.2M (revenue -19.9% year-over-year).
- 2019: Revenue of $33.3M, expenses of $33.9M, and assets of $22.9M (revenue -2.7% year-over-year).
- 2018: Revenue of $34.3M, expenses of $34.8M, and assets of $23.8M (revenue +2.2% year-over-year).
- 2017: Revenue of $33.5M, expenses of $32.9M, and assets of $26.5M (revenue +2.5% year-over-year).
- 2016: Revenue of $32.7M, expenses of $32.2M, and assets of $27.1M (revenue -8.3% year-over-year).
- 2015: Revenue of $35.7M, expenses of $32.9M, and assets of $29.4M (revenue -0.9% year-over-year).
- 2014: Revenue of $36.0M, expenses of $35.7M, and assets of $28.9M (revenue +19.8% year-over-year).
- 2013: Revenue of $30.0M, expenses of $38.8M, and assets of $28.5M (revenue -30.9% year-over-year).
- 2012: Revenue of $43.5M, expenses of $33.6M, and assets of $37.9M (revenue +24.8% year-over-year).
- 2011: Revenue of $34.8M, expenses of $32.8M, and assets of $24.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Vernon Neighborhood Health Center Inc:
Data Sources and Methodology
This transparency report for Mount Vernon Neighborhood Health Center 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.