Sun Coast Nursing Centers Inc
Sun Coast Nursing Centers Inc. consistently operates with deficits, despite substantial revenue and asset growth.
EIN: 200091844 · Bala Cynwyd, PA · NTEE: E90 · Updated: 2026-03-28
Is Sun Coast Nursing Centers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sun Coast Nursing Centers Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sun Coast Nursing Centers Inc
Sun Coast Nursing Centers Inc (EIN: 200091844) is a nonprofit organization based in Bala Cynwyd, PA, classified under NTEE code E90. The organization reported total revenue of $265.0M and total assets of $430.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sun Coast Nursing Centers 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 Sun Coast Nursing Centers Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Sun Coast Nursing Centers 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which suggests either a highly efficient compensation structure where executives are not compensated, or that compensation is reported in a different section of the 990 or through related entities, requiring further investigation.
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 Sun Coast Nursing Centers Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $7.1M in 2023, $20.4M in 2022)
- Significant and rapid increase in liabilities alongside assets, warranting further investigation into the nature of these financial changes.
- 0% officer compensation reported across all filings, which may indicate compensation is reported elsewhere or through related entities, requiring deeper scrutiny for full transparency.
Strengths
The following positive indicators were identified for Sun Coast Nursing Centers Inc:
- Large scale of operations with over $200 million in annual revenue, indicating significant reach and impact.
- Substantial asset base ($430.1 million latest) providing a foundation for operations, though its rapid growth needs clarification.
Frequently Asked Questions about Sun Coast Nursing Centers Inc
Is Sun Coast Nursing Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sun Coast Nursing Centers Inc (EIN: 200091844) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Sun Coast Nursing Centers Inc spend its money?
Sun Coast Nursing Centers Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sun Coast Nursing Centers Inc tax-deductible?
Sun Coast Nursing Centers Inc is registered as a tax-exempt nonprofit (EIN: 200091844). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the cause of the consistent operating deficits, such as the $7.1 million deficit in 2023 and $20.4 million deficit in 2022?
The IRS 990 filings indicate that expenses frequently exceed revenue, leading to operating deficits. A detailed analysis of program service expenses versus administrative and fundraising costs would be needed to pinpoint the exact causes.
What led to the dramatic increase in assets from $71.5 million in 2021 to $443.3 million in 2023, and the corresponding rise in liabilities?
The significant increase in both assets and liabilities suggests potential acquisitions, major capital investments, or changes in financial reporting structure. Further details from the organization's financial statements would be necessary to understand these changes.
How does Sun Coast Nursing Centers Inc. sustain its operations given the recurring deficits?
Sustained operations despite deficits typically rely on drawing from accumulated reserves, receiving significant non-operating income, or securing new debt. The organization's balance sheet shows growing assets, which might be leveraged, but also growing liabilities.
Filing History
IRS 990 filing history for Sun Coast Nursing Centers Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Sun Coast Nursing Centers Inc's revenue has grown by 5.6%, moving from $236.2M to $249.5M. Total assets increased by 452.2% over the same period, from $80.3M to $443.4M. Total functional expenses rose by 14.3%, from $224.6M to $256.7M. In its most recent filing year (2023), Sun Coast Nursing Centers Inc reported a deficit of $7.1M, with expenses exceeding revenue. The organization holds $440.2M in liabilities against $443.4M in assets (debt-to-asset ratio: 99.3%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $249.5M | $256.7M | $443.4M | $440.2M | — | — |
| 2022 | $236.6M | $257.1M | $338.3M | $326.9M | — | View 990 |
| 2021 | $236.3M | $262.4M | $71.5M | $39.6M | — | View 990 |
| 2020 | $254.2M | $252.1M | $80.9M | $22.9M | — | — |
| 2019 | $242.2M | $240.8M | $78.6M | $25.8M | — | View 990 |
| 2018 | $245.1M | $248.8M | $75.3M | $24.0M | — | View 990 |
| 2017 | $117.6M | $119.4M | $75.9M | $19.0M | — | View 990 |
| 2017 | $232.7M | $236.7M | $79.0M | $20.3M | — | View 990 |
| 2016 | $228.8M | $232.3M | $81.8M | $19.4M | — | View 990 |
| 2015 | $227.0M | $223.2M | $85.3M | $19.5M | — | View 990 |
| 2014 | $215.6M | $217.3M | $82.8M | $20.9M | — | View 990 |
| 2013 | $219.1M | $214.5M | $84.4M | $21.9M | — | View 990 |
| 2012 | $220.4M | $221.3M | $80.8M | $22.8M | — | View 990 |
| 2011 | $236.2M | $224.6M | $80.3M | $24.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $249.5M, expenses of $256.7M, and assets of $443.4M (revenue +5.5% year-over-year).
- 2022: Revenue of $236.6M, expenses of $257.1M, and assets of $338.3M (revenue +0.1% year-over-year).
- 2021: Revenue of $236.3M, expenses of $262.4M, and assets of $71.5M (revenue -7.0% year-over-year).
- 2020: Revenue of $254.2M, expenses of $252.1M, and assets of $80.9M (revenue +4.9% year-over-year).
- 2019: Revenue of $242.2M, expenses of $240.8M, and assets of $78.6M (revenue -1.2% year-over-year).
- 2018: Revenue of $245.1M, expenses of $248.8M, and assets of $75.3M (revenue +108.4% year-over-year).
- 2017: Revenue of $117.6M, expenses of $119.4M, and assets of $75.9M (revenue -49.5% year-over-year).
- 2017: Revenue of $232.7M, expenses of $236.7M, and assets of $79.0M (revenue +1.7% year-over-year).
- 2016: Revenue of $228.8M, expenses of $232.3M, and assets of $81.8M (revenue +0.8% year-over-year).
- 2015: Revenue of $227.0M, expenses of $223.2M, and assets of $85.3M (revenue +5.3% year-over-year).
- 2014: Revenue of $215.6M, expenses of $217.3M, and assets of $82.8M (revenue -1.6% year-over-year).
- 2013: Revenue of $219.1M, expenses of $214.5M, and assets of $84.4M (revenue -0.6% year-over-year).
- 2012: Revenue of $220.4M, expenses of $221.3M, and assets of $80.8M (revenue -6.7% year-over-year).
- 2011: Revenue of $236.2M, expenses of $224.6M, and assets of $80.3M.
Data Sources and Methodology
This transparency report for Sun Coast Nursing Centers 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.