Rockingham Visiting Nurse Association And Hospice
Rockingham Visiting Nurse Association And Hospice consistently operates at a deficit, with expenses exceeding revenue in most recent years.
EIN: 20274905 · Exeter, NH · NTEE: E92Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.5M |
| Total Expenses | $18.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $13 |
| Net Assets | $1.1M |
| Transparency Score | 65/100 |
Is Rockingham Visiting Nurse Association And Hospice Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rockingham Visiting Nurse Association And Hospice directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rockingham Visiting Nurse Association And Hospice
Rockingham Visiting Nurse Association And Hospice (EIN: 20274905) is a nonprofit organization based in Exeter, NH, classified under NTEE code E92Z. The organization reported total revenue of $13.5M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rockingham Visiting Nurse Association And Hospice's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rockingham Visiting Nurse Association And Hospice is a large nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.9M |
| Total Expenses | $18.5M |
| Surplus / Deficit | $-3,552,908 |
| Total Assets | $3.6M |
| Total Liabilities | $2.5M |
| Net Assets | $1.1M |
| Operating Margin | -23.8% |
| Debt-to-Asset Ratio | 68.8% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2023, Rockingham Visiting Nurse Association And Hospice reported a deficit of $3.6M with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 68.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rockingham Visiting Nurse Association And Hospice's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.4% | -3.6% | -7.6% |
| 2022 | -0.2% | -1.4% | -6.2% |
| 2021 | -14.0% | -5.5% | -15.9% |
| 2020 | +4.0% | +2.1% | -2.0% |
| 2019 | +3.8% | +8.0% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
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 Rockingham Visiting Nurse Association And Hospice with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Rockingham Visiting Nurse Association And Hospice allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $3.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 68.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is highly unusual for an organization of its size with revenues exceeding $13 million annually. This suggests a strong commitment to directing funds towards its mission rather than executive salaries.
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 Rockingham Visiting Nurse Association And Hospice's IRS 990 filings:
- Consistent operating deficits, with expenses exceeding revenue in 8 of the last 10 years.
- Declining asset base, from $5,778,007 in 2016 to $3,565,265 in 2023.
- Unusually low (0%) reported officer compensation for an organization of this size, which may warrant further clarification.
Strengths
The following positive indicators were identified for Rockingham Visiting Nurse Association And Hospice:
- Strong commitment to minimizing executive overhead, as indicated by 0% officer compensation reported across all filings.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency in reporting.
- Provides essential visiting nurse and hospice services (NTEE Code E92Z) to the community.
Frequently Asked Questions about Rockingham Visiting Nurse Association And Hospice
Is Rockingham Visiting Nurse Association And Hospice a legitimate charity?
Based on AI analysis of IRS 990 filings, Rockingham Visiting Nurse Association And Hospice (EIN: 20274905) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Rockingham Visiting Nurse Association And Hospice spend its money?
Rockingham Visiting Nurse Association And Hospice directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rockingham Visiting Nurse Association And Hospice tax-deductible?
Rockingham Visiting Nurse Association And Hospice is registered as a tax-exempt nonprofit (EIN: 20274905). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rockingham Visiting Nurse Association And Hospice CEO make?
Rockingham Visiting Nurse Association And Hospice's highest-compensated officer earns $13 annually. The organization reported $13.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rockingham Visiting Nurse Association And Hospice's spending goes to programs?
Rockingham Visiting Nurse Association And Hospice directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rockingham Visiting Nurse Association And Hospice compare to similar nonprofits?
With a transparency score of 65/100 (Good), Rockingham Visiting Nurse Association And Hospice is above average for NTEE category E92Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rockingham Visiting Nurse Association And Hospice located?
Rockingham Visiting Nurse Association And Hospice is headquartered in Exeter, New Hampshire and files with the IRS under EIN 20274905. It is classified under NTEE code E92Z.
How many years of IRS 990 filings does Rockingham Visiting Nurse Association And Hospice have?
Rockingham Visiting Nurse Association And Hospice 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 $13.5M in total revenue.
Is Rockingham Visiting Nurse Association And Hospice financially sustainable given its consistent operating deficits?
The organization has consistently reported expenses exceeding revenue in 8 out of the last 10 years, including a $3.5 million deficit in 2023 ($14,938,637 revenue vs. $18,491,545 expenses). This trend raises significant concerns about its long-term financial sustainability without a clear strategy to reverse these deficits.
Why is officer compensation consistently reported as 0%?
The IRS 990 filings consistently show 0% officer compensation. This is highly unusual for an organization of this scale and could indicate that officers are uncompensated volunteers, or that compensation is reported under different categories, or that the organization has a unique governance structure. Further investigation into the specific roles and compensation structures would be beneficial.
What is the trend in the organization's assets and liabilities?
Assets have generally declined from a peak of $5,778,007 in 2016 to $3,565,265 in 2023. Liabilities have fluctuated but remained significant, reaching $4,625,512 in 2021 before decreasing to $2,453,681 in 2023. The declining asset base combined with persistent liabilities warrants attention.
Filing History
IRS 990 filing history for Rockingham Visiting Nurse Association And Hospice showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rockingham Visiting Nurse Association And Hospice's revenue has grown by 23.8%, moving from $12.1M to $14.9M. Total assets increased by 5.6% over the same period, from $3.4M to $3.6M. Total functional expenses rose by 53.4%, from $12.1M to $18.5M. In its most recent filing year (2023), Rockingham Visiting Nurse Association And Hospice reported a deficit of $3.6M, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $3.6M in assets (debt-to-asset ratio: 68.8%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.9M | $18.5M | $3.6M | $2.5M | — | View 990 |
| 2022 | $17.2M | $19.2M | $3.9M | $3.0M | — | View 990 |
| 2021 | $17.3M | $19.4M | $4.1M | $4.6M | — | View 990 |
| 2020 | $20.1M | $20.6M | $4.9M | $3.3M | — | — |
| 2019 | $19.3M | $20.2M | $5.0M | $2.9M | — | View 990 |
| 2018 | $18.6M | $18.7M | $5.6M | $2.7M | — | View 990 |
| 2017 | $17.0M | $17.5M | $5.7M | $2.7M | — | View 990 |
| 2016 | $16.5M | $16.0M | $5.8M | $2.4M | — | View 990 |
| 2015 | $15.1M | $14.4M | $5.0M | $2.2M | — | View 990 |
| 2014 | $14.3M | $13.7M | $4.4M | $2.3M | — | View 990 |
| 2013 | $13.0M | $13.1M | $3.4M | $1.9M | — | View 990 |
| 2012 | $12.7M | $12.7M | $3.4M | $1.8M | — | View 990 |
| 2011 | $12.1M | $12.1M | $3.4M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.9M, expenses of $18.5M, and assets of $3.6M (revenue -13.4% year-over-year).
- 2022: Revenue of $17.2M, expenses of $19.2M, and assets of $3.9M (revenue -0.2% year-over-year).
- 2021: Revenue of $17.3M, expenses of $19.4M, and assets of $4.1M (revenue -14.0% year-over-year).
- 2020: Revenue of $20.1M, expenses of $20.6M, and assets of $4.9M (revenue +4.0% year-over-year).
- 2019: Revenue of $19.3M, expenses of $20.2M, and assets of $5.0M (revenue +3.8% year-over-year).
- 2018: Revenue of $18.6M, expenses of $18.7M, and assets of $5.6M (revenue +9.2% year-over-year).
- 2017: Revenue of $17.0M, expenses of $17.5M, and assets of $5.7M (revenue +3.0% year-over-year).
- 2016: Revenue of $16.5M, expenses of $16.0M, and assets of $5.8M (revenue +9.2% year-over-year).
- 2015: Revenue of $15.1M, expenses of $14.4M, and assets of $5.0M (revenue +6.0% year-over-year).
- 2014: Revenue of $14.3M, expenses of $13.7M, and assets of $4.4M (revenue +10.0% year-over-year).
- 2013: Revenue of $13.0M, expenses of $13.1M, and assets of $3.4M (revenue +2.5% year-over-year).
- 2012: Revenue of $12.7M, expenses of $12.7M, and assets of $3.4M (revenue +5.0% year-over-year).
- 2011: Revenue of $12.1M, expenses of $12.1M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rockingham Visiting Nurse Association And Hospice:
Data Sources and Methodology
This transparency report for Rockingham Visiting Nurse Association And Hospice 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.