Rutland Nursing Home Inc
Rutland Nursing Home Inc. consistently operates at a significant deficit, with expenses far exceeding revenue and high liabilities.
EIN: 112164674 · Brooklyn, NY · NTEE: E91Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $112.5M |
| Total Expenses | $121.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $85 |
| Net Assets | $-105,690,210 |
| Transparency Score | 40/100 |
Is Rutland Nursing Home Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rutland Nursing Home Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rutland Nursing Home Inc
Rutland Nursing Home Inc (EIN: 112164674) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E91Z. The organization reported total revenue of $112.5M and total assets of $25.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rutland Nursing Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rutland 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 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86.0M |
| Total Expenses | $121.9M |
| Surplus / Deficit | $-35,951,035 |
| Total Assets | $10.4M |
| Total Liabilities | $116.1M |
| Net Assets | $-105,690,210 |
| Operating Margin | -41.8% |
| Debt-to-Asset Ratio | 1118.4% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2023, Rutland Nursing Home Inc reported a deficit of $36.0M with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 1118.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rutland Nursing Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.7% | +3.0% | -52.4% |
| 2022 | +36.3% | +8.4% | +49.1% |
| 2021 | -14.0% | +13.0% | +8.3% |
| 2020 | +8.0% | +2.1% | +6.1% |
| 2019 | +2.5% | -2.9% | -21.0% |
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 Rutland Nursing Home Inc with a Mission Score of 40 out of 100 (Fair). 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, Rutland Nursing Home Inc 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 $36.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1118.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity of its size with over $85 million in annual revenue. This suggests either a volunteer-led executive team or compensation structured in a way not reported under 'Officer Comp' on the 990.
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 Rutland Nursing Home Inc's IRS 990 filings:
- Consistent and significant operating deficits, with expenses far exceeding revenue in every reported period (e.g., $35,951,035 deficit in 2023).
- High and fluctuating liabilities that often significantly outweigh assets, indicating a heavily leveraged financial position (e.g., $116,068,323 liabilities vs. $10,378,113 assets in 2023).
- 0% reported officer compensation for a large organization, which is unusual and may obscure the true cost of leadership.
Strengths
The following positive indicators were identified for Rutland Nursing Home Inc:
- No reported officer compensation, suggesting resources are not being diverted to high executive salaries (though further investigation is needed).
Frequently Asked Questions about Rutland Nursing Home Inc
Is Rutland Nursing Home Inc a legitimate charity?
Rutland Nursing Home Inc (EIN: 112164674) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 40/100. It has 13 years of IRS 990 filings on record. Total revenue: $112.5M. 3 red flags identified. 1 strength noted. Financial health grade: D.
How does Rutland Nursing Home Inc spend its money?
Rutland Nursing Home Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rutland Nursing Home Inc tax-deductible?
Rutland Nursing Home Inc is registered as a tax-exempt nonprofit (EIN: 112164674). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rutland Nursing Home Inc CEO make?
Rutland Nursing Home Inc's highest-compensated officer earns $85 annually. The organization reported $112.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rutland Nursing Home Inc's spending goes to programs?
Rutland Nursing Home Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rutland Nursing Home Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Rutland Nursing Home Inc is near average for NTEE category E91Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rutland Nursing Home Inc located?
Rutland Nursing Home Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112164674. It is classified under NTEE code E91Z.
How many years of IRS 990 filings does Rutland Nursing Home Inc have?
Rutland 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 $112.5M in total revenue.
How does Rutland Nursing Home Inc. cover its substantial operating deficits year after year?
The consistent and large deficits, such as the $35,951,035 deficit in 2023 ($85,957,751 revenue vs. $121,908,786 expenses), suggest reliance on accumulated reserves, significant debt, or other non-operating income sources not detailed in the provided summary. The high liabilities further support the idea of debt financing.
What is the true executive compensation structure, given the 0% reported officer compensation?
The 0% officer compensation reported across all filings is highly unusual for an organization with over $85 million in revenue. This could indicate that executive roles are filled by volunteers, or that compensation is paid through a related entity, or structured in a way that is not categorized as 'Officer Comp' on the 990 form, warranting further investigation into the full 990 forms for details on key employee compensation.
What is the breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. Without this, it's challenging to precisely determine the efficiency of spending on programs versus administrative or fundraising activities. The estimated breakdown is based on typical nursing home operations but requires full 990 review for confirmation.
What is the long-term plan for addressing the high and fluctuating liabilities?
Liabilities have been consistently high, reaching $137,026,077 in 2016 and $116,068,323 in 2023. This level of debt, especially in conjunction with persistent operating deficits, raises questions about the organization's financial stability and its strategy for managing and reducing its debt burden.
Filing History
IRS 990 filing history for Rutland Nursing Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rutland Nursing Home Inc's revenue has grown by 16%, moving from $74.1M to $86.0M. Total assets decreased by 53% over the same period, from $22.1M to $10.4M. Total functional expenses rose by 52.5%, from $79.9M to $121.9M. In its most recent filing year (2023), Rutland Nursing Home Inc reported a deficit of $36.0M, with expenses exceeding revenue. The organization holds $116.1M in liabilities against $10.4M in assets (debt-to-asset ratio: 1118.4%), resulting in net assets of $-105,690,210.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86.0M | $121.9M | $10.4M | $116.1M | — | — |
| 2022 | $79.1M | $118.4M | $21.8M | $91.6M | — | View 990 |
| 2021 | $58.0M | $109.2M | $14.6M | $45.1M | — | View 990 |
| 2020 | $67.5M | $96.6M | $13.5M | $25.3M | — | View 990 |
| 2019 | $62.5M | $94.6M | $12.7M | $26.1M | — | View 990 |
| 2018 | $60.9M | $97.4M | $16.1M | $23.9M | — | View 990 |
| 2017 | $59.1M | $94.0M | $18.0M | $26.5M | — | View 990 |
| 2016 | $62.7M | $91.0M | $21.0M | $137.0M | — | View 990 |
| 2015 | $68.8M | $88.9M | $21.7M | $109.4M | — | View 990 |
| 2014 | $64.3M | $81.8M | $20.9M | $88.6M | — | View 990 |
| 2013 | $79.0M | $81.2M | $25.0M | $75.3M | — | View 990 |
| 2012 | $70.0M | $82.8M | $23.0M | $71.0M | — | View 990 |
| 2011 | $74.1M | $79.9M | $22.1M | $57.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86.0M, expenses of $121.9M, and assets of $10.4M (revenue +8.7% year-over-year).
- 2022: Revenue of $79.1M, expenses of $118.4M, and assets of $21.8M (revenue +36.3% year-over-year).
- 2021: Revenue of $58.0M, expenses of $109.2M, and assets of $14.6M (revenue -14.0% year-over-year).
- 2020: Revenue of $67.5M, expenses of $96.6M, and assets of $13.5M (revenue +8.0% year-over-year).
- 2019: Revenue of $62.5M, expenses of $94.6M, and assets of $12.7M (revenue +2.5% year-over-year).
- 2018: Revenue of $60.9M, expenses of $97.4M, and assets of $16.1M (revenue +3.1% year-over-year).
- 2017: Revenue of $59.1M, expenses of $94.0M, and assets of $18.0M (revenue -5.8% year-over-year).
- 2016: Revenue of $62.7M, expenses of $91.0M, and assets of $21.0M (revenue -8.9% year-over-year).
- 2015: Revenue of $68.8M, expenses of $88.9M, and assets of $21.7M (revenue +7.0% year-over-year).
- 2014: Revenue of $64.3M, expenses of $81.8M, and assets of $20.9M (revenue -18.6% year-over-year).
- 2013: Revenue of $79.0M, expenses of $81.2M, and assets of $25.0M (revenue +12.9% year-over-year).
- 2012: Revenue of $70.0M, expenses of $82.8M, and assets of $23.0M (revenue -5.5% year-over-year).
- 2011: Revenue of $74.1M, expenses of $79.9M, and assets of $22.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rutland Nursing Home Inc:
Data Sources and Methodology
This transparency report for Rutland 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.