Senior Care Connection Inc
Senior Care Connection Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 141708754 · Schenectady, NY · Updated: 2026-03-28
Is Senior Care Connection Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Senior Care Connection Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Senior Care Connection Inc
Senior Care Connection Inc (EIN: 141708754) is a nonprofit organization based in Schenectady, NY. The organization reported total revenue of $58.2M and total assets of $45.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Senior Care Connection Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Senior Care Connection Inc with a Mission Score of 85 out of 100 (Excellent). 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, Senior Care Connection Inc 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 organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $45 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the financial statements, which could impact 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 Senior Care Connection Inc's IRS 990 filings:
- Consistent 0% officer compensation reported for a large organization, which may obscure actual executive remuneration if reported elsewhere.
Strengths
The following positive indicators were identified for Senior Care Connection Inc:
- Consistent and significant revenue growth, from $14,026,137 in 2014 to $45,366,690 in 2023.
- Strong asset accumulation, growing from $4,086,951 in 2014 to $36,075,012 in 2023, indicating financial stability.
- Consistent operational surpluses, with revenue exceeding expenses in most reported periods (e.g., $45,366,690 revenue vs. $38,685,713 expenses in 2023).
- Healthy asset-to-liability ratio, demonstrating strong financial positioning.
Frequently Asked Questions about Senior Care Connection Inc
Is Senior Care Connection Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Senior Care Connection Inc (EIN: 141708754) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Senior Care Connection Inc spend its money?
Senior Care Connection Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Senior Care Connection Inc tax-deductible?
Senior Care Connection Inc is registered as a tax-exempt nonprofit (EIN: 141708754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Senior Care Connection Inc manage to report 0% officer compensation despite its significant revenue and asset base?
The consistent reporting of 0% officer compensation across all filings for an organization with revenues reaching $45 million is highly unusual. This could indicate a volunteer-led executive team, or that compensation for key management personnel is reported under other expense categories (e.g., salaries and wages for employees) rather than specifically as 'officer compensation' on the 990, which would require a deeper dive into the full 990 form for clarification.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of program, administrative, and fundraising expenses. To understand the organization's spending efficiency in these areas, one would need to review the functional expense statement within the full IRS Form 990.
What is the organization's strategy for managing its growing assets and liabilities?
Senior Care Connection Inc has shown significant asset growth from $4,086,951 in 2014 to $36,075,012 in 2023, while liabilities have also increased but at a slower pace, maintaining a healthy asset-to-liability ratio. This indicates a strategy of reinvesting surpluses and building financial reserves, which strengthens its long-term sustainability. Further details on investment strategies would require reviewing the full financial statements.
Filing History
IRS 990 filing history for Senior Care Connection Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Senior Care Connection Inc's revenue has grown by 302.4%, moving from $11.3M to $45.4M. Total assets increased by 827.5% over the same period, from $3.9M to $36.1M. Total functional expenses rose by 227.2%, from $11.8M to $38.7M. In its most recent filing year (2023), Senior Care Connection Inc reported a surplus of $6.7M, with revenue exceeding expenses. The organization holds $9.8M in liabilities against $36.1M in assets (debt-to-asset ratio: 27.3%), resulting in net assets of $26.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $45.4M | $38.7M | $36.1M | $9.8M | — | — |
| 2022 | $39.2M | $31.6M | $28.2M | $9.2M | — | View 990 |
| 2021 | $34.1M | $28.6M | $18.9M | $6.7M | — | View 990 |
| 2020 | $33.8M | $29.4M | $14.9M | $8.3M | — | View 990 |
| 2019 | $21.4M | $23.5M | $5.9M | $4.0M | — | View 990 |
| 2018 | $22.9M | $21.8M | $7.3M | $3.3M | — | View 990 |
| 2017 | $20.3M | $19.1M | $5.9M | $2.8M | — | View 990 |
| 2016 | $17.4M | $17.1M | $4.3M | $2.5M | — | View 990 |
| 2015 | $15.5M | $15.8M | $3.7M | $2.1M | — | View 990 |
| 2014 | $14.0M | $14.6M | $4.1M | $2.2M | — | View 990 |
| 2013 | $13.9M | $13.0M | $4.1M | $1.8M | — | View 990 |
| 2012 | $12.1M | $12.5M | $3.7M | $2.6M | — | View 990 |
| 2011 | $11.3M | $11.8M | $3.9M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45.4M, expenses of $38.7M, and assets of $36.1M (revenue +15.8% year-over-year).
- 2022: Revenue of $39.2M, expenses of $31.6M, and assets of $28.2M (revenue +14.9% year-over-year).
- 2021: Revenue of $34.1M, expenses of $28.6M, and assets of $18.9M (revenue +1.0% year-over-year).
- 2020: Revenue of $33.8M, expenses of $29.4M, and assets of $14.9M (revenue +58.1% year-over-year).
- 2019: Revenue of $21.4M, expenses of $23.5M, and assets of $5.9M (revenue -6.8% year-over-year).
- 2018: Revenue of $22.9M, expenses of $21.8M, and assets of $7.3M (revenue +12.8% year-over-year).
- 2017: Revenue of $20.3M, expenses of $19.1M, and assets of $5.9M (revenue +16.8% year-over-year).
- 2016: Revenue of $17.4M, expenses of $17.1M, and assets of $4.3M (revenue +12.0% year-over-year).
- 2015: Revenue of $15.5M, expenses of $15.8M, and assets of $3.7M (revenue +10.7% year-over-year).
- 2014: Revenue of $14.0M, expenses of $14.6M, and assets of $4.1M (revenue +0.6% year-over-year).
- 2013: Revenue of $13.9M, expenses of $13.0M, and assets of $4.1M (revenue +15.3% year-over-year).
- 2012: Revenue of $12.1M, expenses of $12.5M, and assets of $3.7M (revenue +7.3% year-over-year).
- 2011: Revenue of $11.3M, expenses of $11.8M, and assets of $3.9M.
Data Sources and Methodology
This transparency report for Senior Care Connection 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.