Nascentia Health Inc
Nascentia Health Inc. maintains balanced budgets and strong asset growth with no reported officer compensation.
EIN: 161483069 · Syracuse, NY · NTEE: X00Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $3.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $44.5M |
| Transparency Score | 85/100 |
Is Nascentia Health Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nascentia Health Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nascentia Health Inc
Nascentia Health Inc (EIN: 161483069) is a nonprofit organization based in Syracuse, NY, classified under NTEE code X00Z. The organization reported total revenue of $3.2M and total assets of $49.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nascentia Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nascentia Health Inc is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 60.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$0 |
| Total Assets | $45.6M |
| Total Liabilities | $1.2M |
| Net Assets | $44.5M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 161.6 months |
Financial Health Grade: A
In 2023, Nascentia Health Inc reported a surplus of $0 with revenue exceeding expenses, holds 161.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nascentia Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 60.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | -5.9% | +4.2% |
| 2022 | +10.2% | +10.3% | +1.7% |
| 2021 | +8.0% | +8.0% | +64.1% |
| 2020 | +49.5% | +49.5% | +110.5% |
| 2019 | +24.4% | +24.4% | -50.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Nascentia Health Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Nascentia Health 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenues exceeding $3 million and assets nearing $50 million. This suggests that executive compensation may be categorized differently or that the organization's leadership structure relies on non-compensated roles, which warrants further investigation into their detailed expense reporting.
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 Nascentia Health Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue, potentially obscuring true leadership costs.
Strengths
The following positive indicators were identified for Nascentia Health Inc:
- Consistent balanced budgets with revenues closely matching expenses across all periods.
- Significant and sustained asset growth, from $15.8M in 2014 to $45.6M in 2023, indicating strong financial management.
- Very low liabilities relative to assets, demonstrating strong financial solvency.
- Stable revenue generation over the past decade, showing consistent operational capacity.
Frequently Asked Questions about Nascentia Health Inc
Is Nascentia Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nascentia Health Inc (EIN: 161483069) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Nascentia Health Inc spend its money?
Nascentia Health Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nascentia Health Inc tax-deductible?
Nascentia Health Inc is registered as a tax-exempt nonprofit (EIN: 161483069). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nascentia Health Inc CEO make?
Nascentia Health Inc's highest-compensated officer earns $3 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nascentia Health Inc's spending goes to programs?
Nascentia Health Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nascentia Health Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Nascentia Health Inc is above average for NTEE category X00Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nascentia Health Inc located?
Nascentia Health Inc is headquartered in Syracuse, New York and files with the IRS under EIN 161483069. It is classified under NTEE code X00Z.
How many years of IRS 990 filings does Nascentia Health Inc have?
Nascentia Health 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 $3.2M in total revenue.
How does Nascentia Health Inc. compensate its executives if officer compensation is consistently reported as 0%?
The IRS 990 filings consistently show 0% officer compensation. This could mean executives are compensated through other means not classified as 'officer compensation' on the 990, such as through a related management entity, or that the organization operates with a unique, potentially volunteer-driven, leadership structure. A deeper dive into their functional expenses would be needed to understand where leadership costs are allocated.
What is the primary driver behind the significant asset growth from $15.8M in 2014 to $45.6M in 2023?
The provided data indicates substantial asset growth. While the exact drivers aren't detailed, consistent revenue generation matching expenses, coupled with low liabilities, suggests effective financial management, potential investment gains, or significant non-cash contributions contributing to the asset base. Further analysis of their balance sheet would be required to pinpoint specific asset categories driving this growth.
Given the NTEE code X00Z (Not Elsewhere Classified), what are the specific programs and services Nascentia Health Inc. provides?
The NTEE code X00Z is a general classification. To understand the specific programs and services, one would need to consult the organization's mission statement, website, or the detailed program service accomplishments section of their IRS 990 filings, which are not provided in this summary.
Filing History
IRS 990 filing history for Nascentia Health Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nascentia Health Inc's revenue has grown by 28132.1%, moving from $12K to $3.4M. Total assets increased by 185.2% over the same period, from $16.0M to $45.6M. Total functional expenses rose by 12665.6%, from $27K to $3.4M. In its most recent filing year (2023), Nascentia Health Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $45.6M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $44.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.4M | $45.6M | $1.2M | — | — |
| 2022 | $3.6M | $3.6M | $43.8M | $952K | — | View 990 |
| 2021 | $3.3M | $3.3M | $43.1M | $837K | — | View 990 |
| 2020 | $3.0M | $3.0M | $26.2M | $572K | — | View 990 |
| 2019 | $2.0M | $2.0M | $12.5M | $391K | — | View 990 |
| 2018 | $1.6M | $1.6M | $25.3M | $282K | — | View 990 |
| 2017 | $1.2M | $1.2M | $20.0M | $110K | — | View 990 |
| 2016 | $1.1M | $1.1M | $17.3M | $198K | — | View 990 |
| 2015 | $1.2M | $1.2M | $16.4M | $75K | — | View 990 |
| 2014 | $1.0M | $1.0M | $15.9M | $61K | — | View 990 |
| 2013 | $24K | $81K | $17.5M | $243K | — | View 990 |
| 2012 | $23K | $38K | $16.4M | $75 | — | View 990 |
| 2011 | $12K | $27K | $16.0M | $185 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.4M, and assets of $45.6M (revenue -5.9% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.6M, and assets of $43.8M (revenue +10.2% year-over-year).
- 2021: Revenue of $3.3M, expenses of $3.3M, and assets of $43.1M (revenue +8.0% year-over-year).
- 2020: Revenue of $3.0M, expenses of $3.0M, and assets of $26.2M (revenue +49.5% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.0M, and assets of $12.5M (revenue +24.4% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $25.3M (revenue +36.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $20.0M (revenue +4.5% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $17.3M (revenue -2.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $16.4M (revenue +13.7% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.0M, and assets of $15.9M (revenue +4161.4% year-over-year).
- 2013: Revenue of $24K, expenses of $81K, and assets of $17.5M (revenue +7.0% year-over-year).
- 2012: Revenue of $23K, expenses of $38K, and assets of $16.4M (revenue +87.8% year-over-year).
- 2011: Revenue of $12K, expenses of $27K, and assets of $16.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nascentia Health Inc:
Data Sources and Methodology
This transparency report for Nascentia Health 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.