Ozanam Hall Of Queens Nursing Home Inc
Ozanam Hall Of Queens Nursing Home Inc. consistently operates with expenses exceeding revenue in recent years, while reporting 0% officer compensation.
EIN: 112167809 · Bayside, NY · NTEE: E91 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $76.6M |
| Total Expenses | $58.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $31.5M |
| Transparency Score | 75/100 |
Is Ozanam Hall Of Queens Nursing Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ozanam Hall Of Queens Nursing Home Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ozanam Hall Of Queens Nursing Home Inc
Ozanam Hall Of Queens Nursing Home Inc (EIN: 112167809) is a nonprofit organization based in Bayside, NY, classified under NTEE code E91. The organization reported total revenue of $76.6M and total assets of $64.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ozanam Hall Of Queens Nursing Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ozanam Hall Of Queens Nursing Home Inc is a major nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57.4M |
| Total Expenses | $58.7M |
| Surplus / Deficit | $-1,285,342 |
| Total Assets | $63.4M |
| Total Liabilities | $31.9M |
| Net Assets | $31.5M |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 50.3% |
| Months of Reserves | 13.0 months |
Financial Health Grade: C
In 2023, Ozanam Hall Of Queens Nursing Home Inc reported a deficit of $1.3M with expenses exceeding revenue, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 50.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ozanam Hall Of Queens Nursing Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.2% | +6.0% | +3.1% |
| 2022 | +15.3% | +21.5% | -14.9% |
| 2021 | +2.6% | -8.3% | +1.2% |
| 2020 | -17.9% | -8.1% | -5.3% |
| 2019 | +2.0% | -4.5% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
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 Ozanam Hall Of Queens Nursing Home 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Ozanam Hall Of Queens Nursing Home 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $50 million annually. This suggests that either the leadership is entirely volunteer-based, or compensation is structured in a way that is not reported under 'officer compensation' on the 990, warranting further investigation into other highly compensated employees.
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 Ozanam Hall Of Queens Nursing Home Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 and 2022)
- Significant decline in total assets over the past decade (from $91.4M in 2014 to $63.4M in 2023)
- Unusual 0% officer compensation for an organization of this size, potentially obscuring executive pay details
Strengths
The following positive indicators were identified for Ozanam Hall Of Queens Nursing Home Inc:
- Direct service provider (nursing home) implies high program spending efficiency
- Substantial asset base ($63.4 million in 2023) provides financial cushion
- Consistent operation over many years, indicating established presence and service delivery
Frequently Asked Questions about Ozanam Hall Of Queens Nursing Home Inc
Is Ozanam Hall Of Queens Nursing Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ozanam Hall Of Queens Nursing Home Inc (EIN: 112167809) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Ozanam Hall Of Queens Nursing Home Inc spend its money?
Ozanam Hall Of Queens Nursing Home Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ozanam Hall Of Queens Nursing Home Inc tax-deductible?
Ozanam Hall Of Queens Nursing Home Inc is registered as a tax-exempt nonprofit (EIN: 112167809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ozanam Hall Of Queens Nursing Home Inc CEO make?
Ozanam Hall Of Queens Nursing Home Inc's highest-compensated officer earns $50 annually. The organization reported $76.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ozanam Hall Of Queens Nursing Home Inc's spending goes to programs?
Ozanam Hall Of Queens Nursing Home Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ozanam Hall Of Queens Nursing Home Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Ozanam Hall Of Queens Nursing Home Inc is above average for NTEE category E91 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ozanam Hall Of Queens Nursing Home Inc located?
Ozanam Hall Of Queens Nursing Home Inc is headquartered in Bayside, New York and files with the IRS under EIN 112167809. It is classified under NTEE code E91.
How many years of IRS 990 filings does Ozanam Hall Of Queens Nursing Home Inc have?
Ozanam Hall Of Queens Nursing Home 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 $76.6M in total revenue.
Why does Ozanam Hall Of Queens Nursing Home Inc. consistently report 0% officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It suggests that either the organization's leadership is entirely volunteer-based, or their compensation is categorized differently within the IRS Form 990, such as under 'other salaries and wages' for non-officer highly compensated employees. Further review of the detailed 990 forms would be necessary to understand the full compensation structure.
Is the organization's trend of expenses exceeding revenue sustainable?
In recent years (e.g., 2023 and 2022), the organization's expenses have exceeded its revenue. While it has a substantial asset base ($63.4 million in 2023), a sustained trend of operating deficits could impact its long-term financial stability and ability to maintain services. This trend warrants close monitoring.
What is the primary reason for the decline in assets from $91.4 million in 2014 to $63.4 million in 2023?
The decline in assets by approximately $28 million over a decade, coupled with consistent operating deficits in recent years, suggests that the organization may be drawing down its reserves or experiencing depreciation of its physical assets without sufficient reinvestment or new asset acquisition. A detailed review of the balance sheet in the 990 filings would provide more insight into the specific asset categories affected.
Filing History
IRS 990 filing history for Ozanam Hall Of Queens Nursing Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ozanam Hall Of Queens Nursing Home Inc's revenue has grown by 5.8%, moving from $54.3M to $57.4M. Total assets decreased by 36.9% over the same period, from $100.6M to $63.4M. Total functional expenses rose by 10.2%, from $53.3M to $58.7M. In its most recent filing year (2023), Ozanam Hall Of Queens Nursing Home Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $31.9M in liabilities against $63.4M in assets (debt-to-asset ratio: 50.3%), resulting in net assets of $31.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57.4M | $58.7M | $63.4M | $31.9M | — | — |
| 2022 | $53.1M | $55.4M | $61.5M | $29.7M | — | View 990 |
| 2021 | $46.1M | $45.6M | $72.3M | $34.8M | — | View 990 |
| 2020 | $44.9M | $49.8M | $71.4M | $34.4M | — | View 990 |
| 2019 | $54.7M | $54.2M | $75.4M | $33.7M | — | View 990 |
| 2018 | $53.6M | $56.7M | $76.2M | $35.7M | — | View 990 |
| 2017 | $53.2M | $55.6M | $78.2M | $34.3M | — | View 990 |
| 2016 | $53.3M | $55.3M | $81.2M | $35.3M | — | View 990 |
| 2015 | $54.3M | $56.4M | $85.2M | $37.4M | — | View 990 |
| 2014 | $53.9M | $55.1M | $91.5M | $41.3M | — | View 990 |
| 2013 | $51.0M | $53.7M | $94.6M | $42.7M | — | View 990 |
| 2012 | $51.9M | $53.9M | $98.2M | $44.5M | — | View 990 |
| 2011 | $54.3M | $53.3M | $100.6M | $45.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57.4M, expenses of $58.7M, and assets of $63.4M (revenue +8.2% year-over-year).
- 2022: Revenue of $53.1M, expenses of $55.4M, and assets of $61.5M (revenue +15.3% year-over-year).
- 2021: Revenue of $46.1M, expenses of $45.6M, and assets of $72.3M (revenue +2.6% year-over-year).
- 2020: Revenue of $44.9M, expenses of $49.8M, and assets of $71.4M (revenue -17.9% year-over-year).
- 2019: Revenue of $54.7M, expenses of $54.2M, and assets of $75.4M (revenue +2.0% year-over-year).
- 2018: Revenue of $53.6M, expenses of $56.7M, and assets of $76.2M (revenue +0.8% year-over-year).
- 2017: Revenue of $53.2M, expenses of $55.6M, and assets of $78.2M (revenue -0.2% year-over-year).
- 2016: Revenue of $53.3M, expenses of $55.3M, and assets of $81.2M (revenue -1.8% year-over-year).
- 2015: Revenue of $54.3M, expenses of $56.4M, and assets of $85.2M (revenue +0.7% year-over-year).
- 2014: Revenue of $53.9M, expenses of $55.1M, and assets of $91.5M (revenue +5.7% year-over-year).
- 2013: Revenue of $51.0M, expenses of $53.7M, and assets of $94.6M (revenue -1.7% year-over-year).
- 2012: Revenue of $51.9M, expenses of $53.9M, and assets of $98.2M (revenue -4.4% year-over-year).
- 2011: Revenue of $54.3M, expenses of $53.3M, and assets of $100.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ozanam Hall Of Queens Nursing Home Inc:
Data Sources and Methodology
This transparency report for Ozanam Hall Of Queens Nursing Home 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.