Our Lady Of Consolation Nursing & Rehabilitative Care Center

Our Lady Of Consolation Nursing & Rehabilitative Care Center shows fluctuating financial performance with recent positive net income but persistent negative net assets.

EIN: 113284066 · West Islip, NY · NTEE: E910 · Updated: 2026-03-28

$50.0MRevenue

$52.2MAssets

60/100Mission Score (Good)

E910

About Our Lady Of Consolation Nursing & Rehabilitative Care Center

Our Lady Of Consolation Nursing & Rehabilitative Care Center (EIN: 113284066) is a nonprofit organization based in West Islip, NY, classified under NTEE code E910. The organization reported total revenue of $50.0M and total assets of $52.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Our Lady Of Consolation Nursing & Rehabilitative Care Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Our Lady Of Consolation Nursing & Rehabilitative Care Center demonstrates a fluctuating financial health over the past decade. While the organization reported a positive net income in 2023 ($52,023,627 revenue vs. $48,914,472 expenses), it experienced significant deficits in prior years, such as 2022 ($41,442,045 revenue vs. $49,418,346 expenses) and 2021 ($38,680,841 revenue vs. $52,099,471 expenses). This pattern suggests an inconsistent ability to cover expenses with revenue. The organization's liabilities have also consistently exceeded its assets in recent years, with 2023 showing $60,197,592 in liabilities against $49,872,901 in assets, indicating a potentially precarious financial position. 

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficits in many years suggest that overall spending has frequently outpaced revenue. The absence of reported officer compensation across all filings could indicate that executive salaries are either very low, covered by a related entity, or not reported in a way that is immediately visible, which could impact transparency perceptions depending on the actual compensation structure. 

Overall, while the organization provides essential services (NTEE Code E910 suggests nursing and rehabilitative care), its financial stability appears to be a concern due to recurring deficits and a negative net asset position. Greater detail on expense allocation would be necessary for a comprehensive assessment of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Our Lady Of Consolation Nursing & Rehabilitative Care Center with a Mission Score of 60 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, Our Lady Of Consolation Nursing & Rehabilitative Care Center 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.

Executive Compensation Analysis

The provided data indicates 0% officer compensation across all reported periods, suggesting that executive salaries are either not paid directly by this entity, are very minimal, or are not disclosed in this summary, which could be a point of further inquiry regarding transparency.

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 Our Lady Of Consolation Nursing & Rehabilitative Care Center's IRS 990 filings:

Consistent negative net assets (liabilities exceeding assets) in recent years, indicating potential long-term financial instability.
Frequent operational deficits in prior years (e.g., 2022, 2021, 2020), suggesting challenges in covering expenses with revenue.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.

Strengths

The following positive indicators were identified for Our Lady Of Consolation Nursing & Rehabilitative Care Center:

Positive net income reported in the latest filing (2023), reversing a trend of deficits.
Substantial revenue generation, consistently above $40 million, indicating a large operational scale.
Provides essential nursing and rehabilitative care services (NTEE E910).

Frequently Asked Questions about Our Lady Of Consolation Nursing & Rehabilitative Care Center

Why have liabilities consistently exceeded assets in recent years?

The organization's liabilities have exceeded assets since at least 2021, with the gap widening significantly in 2023 ($60,197,592 liabilities vs. $49,872,901 assets). This could indicate reliance on debt, deferred revenue, or other obligations that outstrip its current resources.

What is the detailed breakdown of expenses (program, administrative, fundraising)?

The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to fully assess spending efficiency.

How does the organization manage its recurring operational deficits?

The organization experienced operational deficits in multiple years (e.g., 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2014). While 2023 showed a surplus, the historical trend suggests a need to understand how these deficits are covered and what strategies are in place for long-term financial sustainability.

Filing History

IRS 990 filing history for Our Lady Of Consolation Nursing & Rehabilitative Care Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Our Lady Of Consolation Nursing & Rehabilitative Care Center's revenue has declined by 14.7%, moving from $61.0M to $52.0M. Total assets increased by 37.4% over the same period, from $36.3M to $49.9M. Total functional expenses fell by 16.4%, from $58.5M to $48.9M. In its most recent filing year (2023), Our Lady Of Consolation Nursing & Rehabilitative Care Center reported a surplus of $3.1M, with revenue exceeding expenses. The organization holds $60.2M in liabilities against $49.9M in assets (debt-to-asset ratio: 120.7%), resulting in net assets of $-10,324,691.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$52.0M	$48.9M	$49.9M	$60.2M	—	—
2022	$41.4M	$49.4M	$43.5M	$57.0M	—	View 990
2021	$38.7M	$52.1M	$35.7M	$41.2M	—	View 990
2020	$52.1M	$53.3M	$45.8M	$38.0M	—	View 990
2019	$54.2M	$54.9M	$41.2M	$35.0M	—	View 990
2018	$56.9M	$58.6M	$42.3M	$38.4M	—	View 990
2017	$54.8M	$57.5M	$37.6M	$38.6M	—	View 990
2016	$56.6M	$57.2M	$37.4M	$35.7M	—	View 990
2015	$54.2M	$52.5M	$35.8M	$33.5M	—	View 990
2014	$58.1M	$58.7M	$34.4M	$33.7M	—	View 990
2013	$59.6M	$62.8M	$33.0M	$31.6M	—	View 990
2012	$60.1M	$59.9M	$34.5M	$30.0M	—	View 990
2011	$61.0M	$58.5M	$36.3M	$32.1M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $52.0M, expenses of $48.9M, and assets of $49.9M (revenue +25.5% year-over-year).
2022: Revenue of $41.4M, expenses of $49.4M, and assets of $43.5M (revenue +7.1% year-over-year).
2021: Revenue of $38.7M, expenses of $52.1M, and assets of $35.7M (revenue -25.7% year-over-year).
2020: Revenue of $52.1M, expenses of $53.3M, and assets of $45.8M (revenue -3.9% year-over-year).
2019: Revenue of $54.2M, expenses of $54.9M, and assets of $41.2M (revenue -4.8% year-over-year).
2018: Revenue of $56.9M, expenses of $58.6M, and assets of $42.3M (revenue +3.8% year-over-year).
2017: Revenue of $54.8M, expenses of $57.5M, and assets of $37.6M (revenue -3.2% year-over-year).
2016: Revenue of $56.6M, expenses of $57.2M, and assets of $37.4M (revenue +4.6% year-over-year).
2015: Revenue of $54.2M, expenses of $52.5M, and assets of $35.8M (revenue -6.8% year-over-year).
2014: Revenue of $58.1M, expenses of $58.7M, and assets of $34.4M (revenue -2.5% year-over-year).
2013: Revenue of $59.6M, expenses of $62.8M, and assets of $33.0M (revenue -0.9% year-over-year).
2012: Revenue of $60.1M, expenses of $59.9M, and assets of $34.5M (revenue -1.5% year-over-year).
2011: Revenue of $61.0M, expenses of $58.5M, and assets of $36.3M.

Data Sources and Methodology

This transparency report for Our Lady Of Consolation Nursing & Rehabilitative Care Center 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.