Renown Skilled Nursing
Renown Skilled Nursing consistently operates at a deficit with high liabilities and no reported revenue in the latest period.
EIN: 201347269 · Reno, NV · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $11.5M |
| Program Spending | 75% |
| Net Assets | $-23,779,661 |
| Transparency Score | 30/100 |
Is Renown Skilled Nursing Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Renown Skilled Nursing directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Renown Skilled Nursing
Renown Skilled Nursing (EIN: 201347269) is a nonprofit organization based in Reno, NV. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Renown Skilled Nursing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Renown Skilled Nursing is a mid-size nonprofit, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.8M |
| Total Expenses | $11.5M |
| Surplus / Deficit | $-2,737,107 |
| Total Assets | $1.7M |
| Total Liabilities | $25.5M |
| Net Assets | $-23,779,661 |
| Operating Margin | -31.2% |
| Debt-to-Asset Ratio | 1466.3% |
| Months of Reserves | 1.8 months |
Financial Health Grade: D
In 2018, Renown Skilled Nursing reported a deficit of $2.7M with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 1466.3% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Renown Skilled Nursing's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -18.8% | -6.6% | -24.2% |
| 2017 | +8.4% | +5.4% | -5.1% |
| 2016 | +3.5% | -0.1% | +1.2% |
| 2015 | -4.6% | -12.2% | -52.7% |
| 2014 | -8.6% | -2.1% | +117.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Renown Skilled Nursing with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Renown Skilled Nursing allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1466.3%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, which could indicate a volunteer leadership structure or that compensation is reported under different categories, making it difficult to assess executive pay relative to the organization's size and financial performance.
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 Renown Skilled Nursing's IRS 990 filings:
- Consistent operating deficits across all reported periods (e.g., $2.7M deficit in 2018).
- Liabilities consistently far exceed assets (e.g., $25.5M liabilities vs. $1.7M assets in 2018).
- Latest reported period shows $0 revenue and $0 assets, raising questions about current operational status.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
- Unknown NTEE code hinders comparative analysis with peer organizations.
Strengths
The following positive indicators were identified for Renown Skilled Nursing:
- Consistent filing of IRS 990 forms, indicating a commitment to regulatory compliance.
Frequently Asked Questions about Renown Skilled Nursing
Is Renown Skilled Nursing a legitimate charity?
Renown Skilled Nursing (EIN: 201347269) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 30/100. It has 8 years of IRS 990 filings on record. 5 red flags identified. 1 strength noted. Financial health grade: D.
How does Renown Skilled Nursing spend its money?
Renown Skilled Nursing directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Renown Skilled Nursing tax-deductible?
Renown Skilled Nursing is registered as a tax-exempt nonprofit (EIN: 201347269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Renown Skilled Nursing's spending goes to programs?
Renown Skilled Nursing directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Renown Skilled Nursing located?
Renown Skilled Nursing is headquartered in Reno, Nevada and files with the IRS under EIN 201347269.
How many years of IRS 990 filings does Renown Skilled Nursing have?
Renown Skilled Nursing has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
How does Renown Skilled Nursing cover its consistent operating deficits?
The filings consistently show expenses exceeding revenue, leading to significant operating deficits. The source of funding to cover these deficits is not explicitly detailed in the provided data, but the high and fluctuating liabilities suggest potential reliance on debt or other non-revenue sources.
What is the current operational status of Renown Skilled Nursing, given $0 revenue and assets in the latest period?
The latest reported data showing $0 revenue and $0 assets is a critical indicator that the organization may have ceased operations, undergone a significant restructuring, or is no longer actively filing as a functioning entity. Further inquiry into its current status is necessary.
What is the breakdown of expenses (program, admin, fundraising) for Renown Skilled Nursing?
The provided IRS 990 data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories, making it impossible to assess spending efficiency in these areas.
Why are liabilities consistently much higher than assets?
The organization consistently reports liabilities significantly exceeding assets (e.g., $25.5M liabilities vs. $1.7M assets in 2018). This indicates a highly leveraged financial structure, potentially relying heavily on debt or other obligations to finance operations, which poses a substantial financial risk.
Filing History
IRS 990 filing history for Renown Skilled Nursing showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Renown Skilled Nursing's revenue has declined by 24.3%, moving from $11.6M to $8.8M. Total assets decreased by 14.5% over the same period, from $2.0M to $1.7M. Total functional expenses fell by 17.6%, from $14.0M to $11.5M. In its most recent filing year (2018), Renown Skilled Nursing reported a deficit of $2.7M, with expenses exceeding revenue. The organization holds $25.5M in liabilities against $1.7M in assets (debt-to-asset ratio: 1466.3%), resulting in net assets of $-23,779,661.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $8.8M | $11.5M | $1.7M | $25.5M | — | View 990 |
| 2017 | $10.8M | $12.3M | $2.3M | $31.4M | — | View 990 |
| 2016 | $10.0M | $11.7M | $2.4M | $43.3M | — | View 990 |
| 2015 | $9.6M | $11.7M | $2.4M | $33.1M | — | View 990 |
| 2014 | $10.1M | $13.3M | $5.1M | $22.3M | — | View 990 |
| 2013 | $11.0M | $13.6M | $2.3M | $16.4M | — | View 990 |
| 2012 | $10.5M | $12.1M | $1.6M | $13.1M | — | View 990 |
| 2011 | $11.6M | $14.0M | $2.0M | $11.9M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $8.8M, expenses of $11.5M, and assets of $1.7M (revenue -18.8% year-over-year).
- 2017: Revenue of $10.8M, expenses of $12.3M, and assets of $2.3M (revenue +8.4% year-over-year).
- 2016: Revenue of $10.0M, expenses of $11.7M, and assets of $2.4M (revenue +3.5% year-over-year).
- 2015: Revenue of $9.6M, expenses of $11.7M, and assets of $2.4M (revenue -4.6% year-over-year).
- 2014: Revenue of $10.1M, expenses of $13.3M, and assets of $5.1M (revenue -8.6% year-over-year).
- 2013: Revenue of $11.0M, expenses of $13.6M, and assets of $2.3M (revenue +4.9% year-over-year).
- 2012: Revenue of $10.5M, expenses of $12.1M, and assets of $1.6M (revenue -9.2% year-over-year).
- 2011: Revenue of $11.6M, expenses of $14.0M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Renown Skilled Nursing:
Data Sources and Methodology
This transparency report for Renown Skilled Nursing 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.