North Country Home Services
North Country Home Services shows strong financial recovery and asset growth in 2023 after a deficit in 2022.
EIN: 141636070 · Saranac Lake, NY · NTEE: P44Z · Updated: 2026-03-28
Is North Country Home Services Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Country Home Services directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Country Home Services
North Country Home Services (EIN: 141636070) is a nonprofit organization based in Saranac Lake, NY, classified under NTEE code P44Z. The organization reported total revenue of $13.0M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Country Home Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Country Home Services is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.6M |
| Total Expenses | $10.0M |
| Surplus / Deficit | +$3.6M |
| Total Assets | $6.9M |
| Total Liabilities | $1.3M |
| Net Assets | $5.5M |
| Operating Margin | 26.4% |
| Debt-to-Asset Ratio | 19.5% |
| Months of Reserves | 8.2 months |
Financial Health Grade: A
In 2023, North Country Home Services reported a surplus of $3.6M with revenue exceeding expenses, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 19.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Country Home Services's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.4% | +4.8% | +114.5% |
| 2022 | -18.0% | +3.6% | -34.8% |
| 2021 | +16.4% | -0.6% | +6.0% |
| 2020 | -11.6% | -5.6% | +35.1% |
| 2019 | +13.6% | +12.4% | +54.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 North Country Home Services 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, North Country Home Services 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 $3.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with over $13 million in revenue, suggesting either volunteer leadership or compensation structured outside of typical officer 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 North Country Home Services's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual leadership compensation structures.
Strengths
The following positive indicators were identified for North Country Home Services:
- Significant revenue growth and surplus in 2023 ($13,634,687 revenue vs. $10,035,928 expenses).
- Substantial asset growth in 2023, increasing from $3,207,915 to $6,882,338.
- Consistent filing of IRS 990 forms, indicating good compliance and transparency.
- Generally stable financial operations with surpluses in most reported years.
Frequently Asked Questions about North Country Home Services
Is North Country Home Services a legitimate charity?
Based on AI analysis of IRS 990 filings, North Country Home Services (EIN: 141636070) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does North Country Home Services spend its money?
North Country Home Services directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Country Home Services tax-deductible?
North Country Home Services is registered as a tax-exempt nonprofit (EIN: 141636070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is North Country Home Services a good charity?
Based on the available financial data, North Country Home Services appears to be a financially sound organization, particularly with its strong revenue and asset growth in 2023. The consistent surpluses in most years and the reported 0% officer compensation are positive indicators. However, a detailed breakdown of program vs. administrative spending would provide a more complete picture of its efficiency.
How does North Country Home Services manage its executive compensation?
The IRS 990 filings consistently report 0% for officer compensation. This is highly unusual for an organization with over $10 million in annual revenue and suggests that either the leadership is entirely volunteer-based, or compensation is categorized differently within the 990, which would require reviewing the full filing for clarity.
What is the trend in North Country Home Services' financial health?
North Country Home Services has shown a fluctuating but generally positive financial trend. While there was a deficit in 2022 (expenses exceeding revenue by $801,718), the organization demonstrated a strong recovery in 2023 with a significant surplus of $3,598,759 and substantial asset growth from $3,207,915 to $6,882,338.
Filing History
IRS 990 filing history for North Country Home Services showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Country Home Services's revenue has grown by 51.5%, moving from $9.0M to $13.6M. Total assets increased by 120.3% over the same period, from $3.1M to $6.9M. Total functional expenses rose by 9%, from $9.2M to $10.0M. In its most recent filing year (2023), North Country Home Services reported a surplus of $3.6M, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $6.9M in assets (debt-to-asset ratio: 19.5%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.6M | $10.0M | $6.9M | $1.3M | — | — |
| 2022 | $8.8M | $9.6M | $3.2M | $1.3M | — | View 990 |
| 2021 | $10.7M | $9.2M | $4.9M | $2.2M | — | View 990 |
| 2020 | $9.2M | $9.3M | $4.6M | $3.4M | — | View 990 |
| 2019 | $10.4M | $9.8M | $3.4M | $2.1M | — | View 990 |
| 2018 | $9.2M | $8.8M | $2.2M | $1.4M | — | View 990 |
| 2017 | $9.2M | $9.7M | $2.0M | $1.5M | — | — |
| 2016 | $10.4M | $10.1M | $2.3M | $1.4M | — | View 990 |
| 2015 | $7.9M | $8.4M | $1.9M | $1.3M | — | View 990 |
| 2014 | $8.2M | $8.5M | $2.0M | $923K | — | View 990 |
| 2013 | $8.6M | $8.5M | $2.4M | $1.0M | — | View 990 |
| 2012 | $8.7M | $8.7M | $2.6M | $1.3M | — | View 990 |
| 2011 | $9.0M | $9.2M | $3.1M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.6M, expenses of $10.0M, and assets of $6.9M (revenue +55.4% year-over-year).
- 2022: Revenue of $8.8M, expenses of $9.6M, and assets of $3.2M (revenue -18.0% year-over-year).
- 2021: Revenue of $10.7M, expenses of $9.2M, and assets of $4.9M (revenue +16.4% year-over-year).
- 2020: Revenue of $9.2M, expenses of $9.3M, and assets of $4.6M (revenue -11.6% year-over-year).
- 2019: Revenue of $10.4M, expenses of $9.8M, and assets of $3.4M (revenue +13.6% year-over-year).
- 2018: Revenue of $9.2M, expenses of $8.8M, and assets of $2.2M (revenue -0.9% year-over-year).
- 2017: Revenue of $9.2M, expenses of $9.7M, and assets of $2.0M (revenue -11.5% year-over-year).
- 2016: Revenue of $10.4M, expenses of $10.1M, and assets of $2.3M (revenue +32.6% year-over-year).
- 2015: Revenue of $7.9M, expenses of $8.4M, and assets of $1.9M (revenue -3.8% year-over-year).
- 2014: Revenue of $8.2M, expenses of $8.5M, and assets of $2.0M (revenue -4.9% year-over-year).
- 2013: Revenue of $8.6M, expenses of $8.5M, and assets of $2.4M (revenue -1.2% year-over-year).
- 2012: Revenue of $8.7M, expenses of $8.7M, and assets of $2.6M (revenue -3.3% year-over-year).
- 2011: Revenue of $9.0M, expenses of $9.2M, and assets of $3.1M.
Data Sources and Methodology
This transparency report for North Country Home Services 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.