Northeast Professional Registry Of Nurses Inc
Northeast Professional Registry Of Nurses Inc consistently operates with multi-million dollar revenues and expenses, reporting no officer compensation.
EIN: 201287349 · Beverly, MA · NTEE: E11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $47.5M |
| Total Expenses | $48.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $41.0M |
| Transparency Score | 75/100 |
Is Northeast Professional Registry Of Nurses Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northeast Professional Registry Of Nurses Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northeast Professional Registry Of Nurses Inc
Northeast Professional Registry Of Nurses Inc (EIN: 201287349) is a nonprofit organization based in Beverly, MA, classified under NTEE code E11. The organization reported total revenue of $47.5M and total assets of $55.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Professional Registry Of Nurses Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast Professional Registry Of Nurses Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46.9M |
| Total Expenses | $48.6M |
| Surplus / Deficit | $-1,685,067 |
| Total Assets | $53.5M |
| Total Liabilities | $12.4M |
| Net Assets | $41.0M |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 23.2% |
| Months of Reserves | 13.2 months |
Financial Health Grade: B
In 2023, Northeast Professional Registry Of Nurses Inc reported a deficit of $1.7M with expenses exceeding revenue, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 23.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northeast Professional Registry Of Nurses Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.9% | -4.1% | -8.4% |
| 2022 | -7.5% | -10.2% | -16.0% |
| 2021 | +35.7% | +35.2% | +1.3% |
| 2020 | -6.5% | -0.2% | +49.7% |
| 2019 | +18.7% | +7.5% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Northeast Professional Registry Of Nurses 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, Northeast Professional Registry Of Nurses 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 deficit of $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either a volunteer leadership or that compensation is categorized differently, which is a notable aspect for an organization with annual revenues exceeding $40 million.
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 Northeast Professional Registry Of Nurses Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
- Consistent reporting of 0% officer compensation for a large organization may warrant further scrutiny into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Northeast Professional Registry Of Nurses Inc:
- Strong asset base relative to liabilities (e.g., 2023: $53.4M assets vs. $12.4M liabilities)
- Consistent revenue generation in the tens of millions annually, indicating stable operations
- No reported officer compensation, suggesting a potentially lean or volunteer-led executive structure.
Frequently Asked Questions about Northeast Professional Registry Of Nurses Inc
Is Northeast Professional Registry Of Nurses Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeast Professional Registry Of Nurses Inc (EIN: 201287349) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Northeast Professional Registry Of Nurses Inc spend its money?
Northeast Professional Registry Of Nurses Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northeast Professional Registry Of Nurses Inc tax-deductible?
Northeast Professional Registry Of Nurses Inc is registered as a tax-exempt nonprofit (EIN: 201287349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Northeast Professional Registry Of Nurses Inc CEO make?
Northeast Professional Registry Of Nurses Inc's highest-compensated officer earns $40 annually. The organization reported $47.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Northeast Professional Registry Of Nurses Inc's spending goes to programs?
Northeast Professional Registry Of Nurses Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northeast Professional Registry Of Nurses Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Northeast Professional Registry Of Nurses Inc is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northeast Professional Registry Of Nurses Inc located?
Northeast Professional Registry Of Nurses Inc is headquartered in Beverly, Massachusetts and files with the IRS under EIN 201287349. It is classified under NTEE code E11.
How many years of IRS 990 filings does Northeast Professional Registry Of Nurses Inc have?
Northeast Professional Registry Of Nurses 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 $47.5M in total revenue.
What percentage of total expenses are allocated to program services?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to determine the exact percentage allocated to program services. Further investigation into the full IRS Form 990 would be required.
How does Northeast Professional Registry Of Nurses Inc manage to report 0% officer compensation with multi-million dollar operations?
The consistent reporting of 0% officer compensation across all filings suggests that the organization may operate with a volunteer board, or that executive salaries are reported under other expense lines, such as 'salaries and wages' for non-officer staff, or as independent contractor fees. This would require reviewing the full 990 for clarification.
What is the organization's primary source of revenue?
The NTEE code E11 (Nursing Care Facilities) suggests that the primary source of revenue is likely from providing nursing care services, rather than public donations, given the scale of operations.
Filing History
IRS 990 filing history for Northeast Professional Registry Of Nurses Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northeast Professional Registry Of Nurses Inc's revenue has grown by 465.6%, moving from $8.3M to $46.9M. Total assets increased by 1949.3% over the same period, from $2.6M to $53.5M. Total functional expenses rose by 493.8%, from $8.2M to $48.6M. In its most recent filing year (2023), Northeast Professional Registry Of Nurses Inc reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $12.4M in liabilities against $53.5M in assets (debt-to-asset ratio: 23.2%), resulting in net assets of $41.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46.9M | $48.6M | $53.5M | $12.4M | — | — |
| 2022 | $53.2M | $50.6M | $58.4M | $18.3M | — | View 990 |
| 2021 | $57.6M | $56.4M | $69.5M | $23.5M | — | View 990 |
| 2020 | $42.4M | $41.7M | $68.6M | $27.1M | — | View 990 |
| 2019 | $45.4M | $41.8M | $45.8M | $8.1M | — | View 990 |
| 2018 | $38.2M | $38.9M | $40.6M | $5.8M | — | View 990 |
| 2017 | $40.3M | $37.4M | $41.3M | $5.6M | — | View 990 |
| 2016 | $13.7M | $13.8M | $4.3M | $2.2M | — | View 990 |
| 2015 | $12.9M | $12.5M | $6.3M | $4.0M | — | View 990 |
| 2014 | $11.7M | $12.1M | $4.7M | $2.8M | — | View 990 |
| 2013 | $10.4M | $9.7M | $5.3M | $3.1M | — | View 990 |
| 2012 | $9.0M | $8.6M | $3.1M | $1.6M | — | View 990 |
| 2011 | $8.3M | $8.2M | $2.6M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46.9M, expenses of $48.6M, and assets of $53.5M (revenue -11.9% year-over-year).
- 2022: Revenue of $53.2M, expenses of $50.6M, and assets of $58.4M (revenue -7.5% year-over-year).
- 2021: Revenue of $57.6M, expenses of $56.4M, and assets of $69.5M (revenue +35.7% year-over-year).
- 2020: Revenue of $42.4M, expenses of $41.7M, and assets of $68.6M (revenue -6.5% year-over-year).
- 2019: Revenue of $45.4M, expenses of $41.8M, and assets of $45.8M (revenue +18.7% year-over-year).
- 2018: Revenue of $38.2M, expenses of $38.9M, and assets of $40.6M (revenue -5.3% year-over-year).
- 2017: Revenue of $40.3M, expenses of $37.4M, and assets of $41.3M (revenue +194.9% year-over-year).
- 2016: Revenue of $13.7M, expenses of $13.8M, and assets of $4.3M (revenue +6.2% year-over-year).
- 2015: Revenue of $12.9M, expenses of $12.5M, and assets of $6.3M (revenue +9.7% year-over-year).
- 2014: Revenue of $11.7M, expenses of $12.1M, and assets of $4.7M (revenue +12.4% year-over-year).
- 2013: Revenue of $10.4M, expenses of $9.7M, and assets of $5.3M (revenue +16.5% year-over-year).
- 2012: Revenue of $9.0M, expenses of $8.6M, and assets of $3.1M (revenue +8.1% year-over-year).
- 2011: Revenue of $8.3M, expenses of $8.2M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast Professional Registry Of Nurses Inc:
Data Sources and Methodology
This transparency report for Northeast Professional Registry Of Nurses 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.