Northern Metropolitan Foundation For Health Care Inc

Northern Metropolitan Foundation For Health Care Inc maintains stable operations with growing assets and liabilities, reporting no officer compensation.

EIN: 113354023 · Monsey, NY · NTEE: E110 · Updated: 2026-03-28

$1.8MRevenue

$20.1MAssets

85/100Mission Score (Excellent)

E110

About Northern Metropolitan Foundation For Health Care Inc

Northern Metropolitan Foundation For Health Care Inc (EIN: 113354023) is a nonprofit organization based in Monsey, NY, classified under NTEE code E110. The organization reported total revenue of $1.8M and total assets of $20.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Metropolitan Foundation For Health Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Northern Metropolitan Foundation For Health Care Inc demonstrates consistent financial operations, with revenues generally aligning closely with expenses over the past decade. For instance, in 2023, revenues were $1,847,160 against expenses of $1,871,830, indicating a slight deficit but overall balanced spending. The organization has shown significant growth in assets, increasing from $11,404,913 in 2014 to $18,761,548 in 2023, suggesting effective asset management or accumulation. However, liabilities have also grown proportionally, from $7,250,215 to $13,998,781 in the same period, which warrants closer examination to understand the nature of these liabilities and their impact on long-term financial stability.

The organization's spending efficiency appears to be stable, with expenses closely tracking revenues. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for donors. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a lean operational model. The substantial asset base relative to annual revenue also indicates a degree of financial resilience.

Transparency is generally good given the consistent filing of IRS Form 990s over 12 periods. The absence of reported officer compensation is a key transparency indicator. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency and program focus is challenging. Further scrutiny of the full 990 forms would be necessary to fully understand the allocation of the $1,871,830 in expenses reported in 2023.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northern Metropolitan Foundation For Health Care 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Northern Metropolitan Foundation For Health Care Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 12 available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization with assets exceeding $18 million and annual revenues over $1.8 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 Northern Metropolitan Foundation For Health Care Inc's IRS 990 filings:

Significant increase in liabilities from $7.2 million in 2014 to $13.9 million in 2023, warranting further investigation into their nature.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data makes a full efficiency assessment difficult.

Strengths

The following positive indicators were identified for Northern Metropolitan Foundation For Health Care Inc:

Consistent reporting of 0% officer compensation across all filings, indicating strong dedication of funds to mission.
Significant growth in assets from $11.4 million in 2014 to $18.7 million in 2023, suggesting effective asset management.
Long history of consistent IRS 990 filings (12 filings), demonstrating transparency and compliance.
Expenses generally align closely with revenues, indicating responsible financial management and avoiding large deficits.

Frequently Asked Questions about Northern Metropolitan Foundation For Health Care Inc

Is Northern Metropolitan Foundation For Health Care Inc financially stable?

Yes, the organization appears financially stable, with assets growing from $11.4 million in 2014 to $18.7 million in 2023. While liabilities have also increased, the consistent revenue and expense patterns suggest a managed financial position.

How does Northern Metropolitan Foundation For Health Care Inc manage executive compensation?

Northern Metropolitan Foundation For Health Care Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a significant factor in its operational model.

What is the trend in the organization's assets and liabilities?

Assets have shown consistent growth, from $11,404,913 in 2014 to $18,761,548 in 2023. Liabilities have also increased proportionally, from $7,250,215 to $13,998,781 over the same period.

What is the organization's revenue trend?

Revenue has fluctuated over the years, with a peak of $4,846,532 in 2018 and a low of $1,146,965 in 2017. The latest reported revenue in 2023 was $1,847,160, indicating a return to more moderate levels after higher periods.

Filing History

IRS 990 filing history for Northern Metropolitan Foundation For Health Care Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Northern Metropolitan Foundation For Health Care Inc's revenue has declined by 33%, moving from $2.8M to $1.8M. Total assets increased by 31.1% over the same period, from $14.3M to $18.8M. Total functional expenses fell by 84.2%, from $11.8M to $1.9M. In its most recent filing year (2023), Northern Metropolitan Foundation For Health Care Inc reported a deficit of $25K, with expenses exceeding revenue. The organization holds $14.0M in liabilities against $18.8M in assets (debt-to-asset ratio: 74.6%), resulting in net assets of $4.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.8M	$1.9M	$18.8M	$14.0M	—	—
2022	$1.6M	$1.6M	$16.9M	$12.1M	—	View 990
2021	$1.2M	$1.2M	$15.8M	$11.0M	—	View 990
2020	$1.8M	$1.8M	$16.1M	$11.3M	—	View 990
2019	$3.7M	$3.7M	$15.4M	$10.6M	—	View 990
2018	$4.8M	$4.6M	$13.7M	$10.5M	—	View 990
2017	$1.1M	$1.5M	$10.7M	$7.4M	—	View 990
2016	$1.6M	$1.7M	$10.7M	$7.4M	—	View 990
2015	$1.6M	$1.5M	$11.3M	$7.2M	—	View 990
2014	$1.8M	$1.7M	$11.4M	$7.3M	—	View 990
2013	$1.8M	$1.8M	$11.2M	$7.0M	—	View 990
2012	$2.8M	$11.8M	$14.3M	$10.2M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.8M, expenses of $1.9M, and assets of $18.8M (revenue +14.8% year-over-year).
2022: Revenue of $1.6M, expenses of $1.6M, and assets of $16.9M (revenue +29.7% year-over-year).
2021: Revenue of $1.2M, expenses of $1.2M, and assets of $15.8M (revenue -29.4% year-over-year).
2020: Revenue of $1.8M, expenses of $1.8M, and assets of $16.1M (revenue -53.0% year-over-year).
2019: Revenue of $3.7M, expenses of $3.7M, and assets of $15.4M (revenue -22.9% year-over-year).
2018: Revenue of $4.8M, expenses of $4.6M, and assets of $13.7M (revenue +322.6% year-over-year).
2017: Revenue of $1.1M, expenses of $1.5M, and assets of $10.7M (revenue -28.8% year-over-year).
2016: Revenue of $1.6M, expenses of $1.7M, and assets of $10.7M (revenue +1.4% year-over-year).
2015: Revenue of $1.6M, expenses of $1.5M, and assets of $11.3M (revenue -10.4% year-over-year).
2014: Revenue of $1.8M, expenses of $1.7M, and assets of $11.4M (revenue -1.0% year-over-year).
2013: Revenue of $1.8M, expenses of $1.8M, and assets of $11.2M (revenue -35.0% year-over-year).
2012: Revenue of $2.8M, expenses of $11.8M, and assets of $14.3M.

Data Sources and Methodology

This transparency report for Northern Metropolitan Foundation For Health Care 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.