The Nursing Placement Foundation
EIN: 50480115 · Pawtucket, RI · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $18K |
| Net Assets | $1.5M |
Is The Nursing Placement Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Nursing Placement Foundation
The Nursing Placement Foundation (EIN: 50480115) is a nonprofit organization based in Pawtucket, RI, classified under NTEE code Z99. The organization reported total revenue of $67K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Nursing Placement Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Nursing Placement Foundation is a micro nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -29.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $18K |
| Surplus / Deficit | +$3K |
| Total Assets | $1.7M |
| Total Liabilities | $257K |
| Net Assets | $1.5M |
| Operating Margin | 15.7% |
| Debt-to-Asset Ratio | 14.7% |
| Months of Reserves | 1163.1 months |
Financial Health Grade: A
In 2023, The Nursing Placement Foundation reported a surplus of $3K with revenue exceeding expenses, holds 1163.1 months of operating reserves (strong position), has a debt-to-asset ratio of 14.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Nursing Placement Foundation's revenue has declined at a compound annual growth rate (CAGR) of -29.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.4% | -30.7% | +0.2% |
| 2022 | -65.2% | -5.6% | -10.3% |
| 2021 | -3.1% | -27.3% | +6.0% |
| 2020 | -61.9% | -47.8% | -3.1% |
| 2019 | -26.7% | +2.2% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Nursing Placement Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Nursing Placement Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.7%.
Frequently Asked Questions about The Nursing Placement Foundation
Is The Nursing Placement Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Nursing Placement Foundation (EIN: 50480115) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Nursing Placement Foundation spend its money?
Detailed spending breakdown data is not yet available for The Nursing Placement Foundation. Check back for updated IRS 990 analysis.
Are donations to The Nursing Placement Foundation tax-deductible?
The Nursing Placement Foundation is registered as a tax-exempt nonprofit (EIN: 50480115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Nursing Placement Foundation located?
The Nursing Placement Foundation is headquartered in Pawtucket, Rhode Island and files with the IRS under EIN 50480115. It is classified under NTEE code Z99.
How many years of IRS 990 filings does The Nursing Placement Foundation have?
The Nursing Placement Foundation 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 $67K in total revenue.
Filing History
IRS 990 filing history for The Nursing Placement Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Nursing Placement Foundation's revenue has declined by 98.5%, moving from $1.4M to $21K. Total assets increased by 9.9% over the same period, from $1.6M to $1.7M. Total functional expenses fell by 98.7%, from $1.4M to $18K. In its most recent filing year (2023), The Nursing Placement Foundation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $257K in liabilities against $1.7M in assets (debt-to-asset ratio: 14.7%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $18K | $1.7M | $257K | — | — |
| 2022 | $24K | $26K | $1.7M | $257K | — | View 990 |
| 2021 | $70K | $28K | $1.9M | $257K | — | — |
| 2020 | $72K | $38K | $1.8M | $258K | — | — |
| 2019 | $190K | $73K | $1.9M | $300K | — | View 990 |
| 2018 | $259K | $71K | $2.1M | $463K | — | View 990 |
| 2017 | $2.4M | $2.0M | $2.4M | $832K | — | — |
| 2016 | $1.6M | $1.6M | $1.7M | $580K | — | View 990 |
| 2015 | $1.0M | $1.2M | $1.2M | $152K | — | View 990 |
| 2014 | $1.5M | $1.7M | $1.5M | $240K | — | View 990 |
| 2013 | $1.9M | $2.0M | $1.7M | $350K | — | View 990 |
| 2012 | $2.0M | $2.0M | $1.8M | $499K | — | View 990 |
| 2011 | $1.4M | $1.4M | $1.6M | $226K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $18K, and assets of $1.7M (revenue -12.4% year-over-year).
- 2022: Revenue of $24K, expenses of $26K, and assets of $1.7M (revenue -65.2% year-over-year).
- 2021: Revenue of $70K, expenses of $28K, and assets of $1.9M (revenue -3.1% year-over-year).
- 2020: Revenue of $72K, expenses of $38K, and assets of $1.8M (revenue -61.9% year-over-year).
- 2019: Revenue of $190K, expenses of $73K, and assets of $1.9M (revenue -26.7% year-over-year).
- 2018: Revenue of $259K, expenses of $71K, and assets of $2.1M (revenue -89.2% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.0M, and assets of $2.4M (revenue +48.1% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.6M, and assets of $1.7M (revenue +56.7% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.2M, and assets of $1.2M (revenue -32.9% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.7M, and assets of $1.5M (revenue -20.3% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.0M, and assets of $1.7M (revenue -4.1% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.0M, and assets of $1.8M (revenue +42.7% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Nursing Placement Foundation:
Data Sources and Methodology
This transparency report for The Nursing Placement Foundation 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.