The Silvercrest Center For Nursing And Rehabilitation
Silvercrest Center For Nursing And Rehabilitation faces persistent operational deficits and increasing liabilities.
EIN: 112925535 · Jamaica, NY · NTEE: E910 · Updated: 2026-03-28
Is The Silvercrest Center For Nursing And Rehabilitation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Silvercrest Center For Nursing And Rehabilitation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Silvercrest Center For Nursing And Rehabilitation
The Silvercrest Center For Nursing And Rehabilitation (EIN: 112925535) is a nonprofit organization based in Jamaica, NY, classified under NTEE code E910. The organization reported total revenue of $66.4M and total assets of $36.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Silvercrest Center For Nursing And Rehabilitation'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 The Silvercrest Center For Nursing And Rehabilitation with a Mission Score of 55 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Silvercrest Center For Nursing And Rehabilitation 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 13 filings, which is highly unusual for an entity with annual revenues exceeding $60 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which could obscure a complete picture of leadership costs.
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 The Silvercrest Center For Nursing And Rehabilitation's IRS 990 filings:
- Consistent operational deficits (e.g., $7.2M in 2023, $4.8M in 2022)
- Liabilities significantly exceed assets ($60.5M liabilities vs. $31.9M assets in 2023)
- Unusually high and consistent reporting of 0% officer compensation for an organization of this size
- Increasing trend in liabilities over the past several years
Strengths
The following positive indicators were identified for The Silvercrest Center For Nursing And Rehabilitation:
- Long history of IRS 990 filings (13 filings available), indicating consistent reporting
- Stable asset base over the past decade (generally between $30M-$38M)
- Provides essential nursing and rehabilitation services (NTEE E910)
Frequently Asked Questions about The Silvercrest Center For Nursing And Rehabilitation
Is The Silvercrest Center For Nursing And Rehabilitation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Silvercrest Center For Nursing And Rehabilitation (EIN: 112925535) some concerns. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
How does The Silvercrest Center For Nursing And Rehabilitation spend its money?
The Silvercrest Center For Nursing And Rehabilitation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Silvercrest Center For Nursing And Rehabilitation tax-deductible?
The Silvercrest Center For Nursing And Rehabilitation is registered as a tax-exempt nonprofit (EIN: 112925535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Silvercrest Center For Nursing And Rehabilitation cover its consistent operational deficits?
The organization has consistently reported expenses exceeding revenue, for example, a $7.2 million deficit in 2023. This suggests reliance on prior year reserves, external grants, or other non-operating income sources not detailed in the summary data to sustain operations.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this scale. It warrants further investigation to understand if executive leadership is entirely volunteer or if compensation is reported under different expense categories.
What is the plan to address the increasing liabilities?
Liabilities have grown significantly, reaching $60,576,860 in 2023, far exceeding assets of $31,956,592. This indicates a concerning financial leverage and suggests a need for a clear strategy to manage and reduce debt.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed breakdown from the IRS 990, it's difficult to precisely assess spending efficiency. The provided data only shows total expenses, making it hard to determine the proportion directly allocated to programs versus overhead.
Filing History
IRS 990 filing history for The Silvercrest Center For Nursing And Rehabilitation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Silvercrest Center For Nursing And Rehabilitation's revenue has grown by 20.3%, moving from $52.0M to $62.6M. Total assets decreased by 10.1% over the same period, from $35.5M to $32.0M. Total functional expenses rose by 35.4%, from $51.5M to $69.8M. In its most recent filing year (2023), The Silvercrest Center For Nursing And Rehabilitation reported a deficit of $7.2M, with expenses exceeding revenue. The organization holds $60.6M in liabilities against $32.0M in assets (debt-to-asset ratio: 189.6%), resulting in net assets of $-28,620,268.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $62.6M | $69.8M | $32.0M | $60.6M | — | — |
| 2022 | $61.8M | $66.7M | $31.9M | $53.4M | — | View 990 |
| 2021 | $53.8M | $60.0M | $32.5M | $49.1M | — | View 990 |
| 2020 | $55.7M | $65.0M | $30.0M | $40.4M | — | View 990 |
| 2019 | $58.0M | $57.9M | $31.3M | $32.4M | — | View 990 |
| 2018 | $58.7M | $65.0M | $30.4M | $30.2M | — | View 990 |
| 2017 | $57.8M | $58.8M | $38.8M | $31.2M | — | View 990 |
| 2016 | $55.9M | $56.8M | $33.2M | $24.8M | — | View 990 |
| 2015 | $56.2M | $54.1M | $33.5M | $24.6M | — | View 990 |
| 2014 | $51.5M | $52.9M | $33.4M | $26.8M | — | View 990 |
| 2013 | $52.1M | $53.7M | $34.7M | $26.9M | — | View 990 |
| 2012 | $53.0M | $52.3M | $35.6M | $27.2M | — | View 990 |
| 2011 | $52.0M | $51.5M | $35.5M | $27.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62.6M, expenses of $69.8M, and assets of $32.0M (revenue +1.2% year-over-year).
- 2022: Revenue of $61.8M, expenses of $66.7M, and assets of $31.9M (revenue +15.0% year-over-year).
- 2021: Revenue of $53.8M, expenses of $60.0M, and assets of $32.5M (revenue -3.6% year-over-year).
- 2020: Revenue of $55.7M, expenses of $65.0M, and assets of $30.0M (revenue -4.0% year-over-year).
- 2019: Revenue of $58.0M, expenses of $57.9M, and assets of $31.3M (revenue -1.0% year-over-year).
- 2018: Revenue of $58.7M, expenses of $65.0M, and assets of $30.4M (revenue +1.4% year-over-year).
- 2017: Revenue of $57.8M, expenses of $58.8M, and assets of $38.8M (revenue +3.4% year-over-year).
- 2016: Revenue of $55.9M, expenses of $56.8M, and assets of $33.2M (revenue -0.5% year-over-year).
- 2015: Revenue of $56.2M, expenses of $54.1M, and assets of $33.5M (revenue +9.0% year-over-year).
- 2014: Revenue of $51.5M, expenses of $52.9M, and assets of $33.4M (revenue -1.0% year-over-year).
- 2013: Revenue of $52.1M, expenses of $53.7M, and assets of $34.7M (revenue -1.7% year-over-year).
- 2012: Revenue of $53.0M, expenses of $52.3M, and assets of $35.6M (revenue +1.9% year-over-year).
- 2011: Revenue of $52.0M, expenses of $51.5M, and assets of $35.5M.
Data Sources and Methodology
This transparency report for The Silvercrest Center For Nursing And Rehabilitation 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.