Valley Health Services Inc
Valley Health Services: Stable Revenue, High Administrative Costs
EIN: 222511614 · Herkimer, NY · NTEE: E91Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $14.7M |
| Total Expenses | $15.9M |
| Program Spending | 70% |
| Net Assets | $-1,232,015 |
| Transparency Score | 75/100 |
Is Valley Health Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Valley Health Services Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Valley Health Services Inc
Valley Health Services Inc (EIN: 222511614) is a nonprofit organization based in Herkimer, NY, classified under NTEE code E91Z. The organization reported total revenue of $14.7M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Valley Health Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Valley Health Services Inc is a large nonprofit that has been operating for 42 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 | $14.7M |
| Total Expenses | $15.9M |
| Surplus / Deficit | $-1,208,598 |
| Total Assets | $8.9M |
| Total Liabilities | $10.2M |
| Net Assets | $-1,232,015 |
| Operating Margin | -8.2% |
| Debt-to-Asset Ratio | 113.8% |
| Months of Reserves | 6.7 months |
Financial Health Grade: C
In 2023, Valley Health Services Inc reported a deficit of $1.2M with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 113.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Valley Health Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | +1.4% | +20.0% |
| 2022 | -8.9% | +5.7% | -16.9% |
| 2021 | -11.8% | +0.3% | -7.7% |
| 2020 | +7.3% | -2.5% | +8.0% |
| 2019 | -6.9% | -5.4% | -6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Valley Health Services Inc with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Valley Health Services Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 113.8%.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as specific compensation figures for executives are not included in the summary financial information.
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 Valley Health Services Inc's IRS 990 filings:
- Consistent operating deficits: Expenses frequently exceed revenue, e.g., $15,948,044 in expenses vs. $14,739,446 in revenue in 2023.
- Declining asset base: Total assets have decreased from $10,274,833 in 2016 to $8,930,958 in 2023.
- Increasing liabilities: Liabilities have grown from $6,131,622 in 2021 to $10,162,973 in 2023, exceeding assets in the latest filing.
Strengths
The following positive indicators were identified for Valley Health Services Inc:
- Consistent revenue generation: Annual revenue has remained relatively stable, averaging around $15 million over the past several years.
- Long operational history: The availability of financial data dating back to 2016 suggests a well-established organization.
Frequently Asked Questions about Valley Health Services Inc
Is Valley Health Services Inc a legitimate charity?
Valley Health Services Inc (EIN: 222511614) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $14.7M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Valley Health Services Inc spend its money?
Valley Health Services Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Valley Health Services Inc tax-deductible?
Valley Health Services Inc is registered as a tax-exempt nonprofit (EIN: 222511614). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Valley Health Services Inc's spending goes to programs?
Valley Health Services Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Valley Health Services Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Valley Health Services Inc is above average for NTEE category E91Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Valley Health Services Inc located?
Valley Health Services Inc is headquartered in Herkimer, New York and files with the IRS under EIN 222511614. It is classified under NTEE code E91Z.
How many years of IRS 990 filings does Valley Health Services Inc have?
Valley Health Services 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 $14.7M in total revenue.
What does Valley Health Services Inc do?
Valley Health Services Inc is a nonprofit organization in the Health Care sector, located in Herkimer, New York. It is classified under NTEE code E91Z.
How much revenue does Valley Health Services Inc have?
Valley Health Services Inc reported total revenue of $14,724,606. Based on 13 IRS 990 filings on record.
What are Valley Health Services Inc's total assets?
Valley Health Services Inc holds total assets of $9,927,182 as reported in IRS 990 filings.
Where is Valley Health Services Inc located?
Valley Health Services Inc is based in Herkimer, New York.
What is Valley Health Services Inc's EIN?
Valley Health Services Inc's Employer Identification Number (EIN) is 222511614. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Valley Health Services Inc?
Valley Health Services Inc is classified under NTEE code E91Z (Health Care).
Is Valley Health Services Inc a registered 501(c)(3)?
Yes, Valley Health Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 222511614.
Does Valley Health Services Inc file IRS Form 990?
Yes, Valley Health Services Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Valley Health Services Inc's revenue in 2023?
In the 202312 filing period, Valley Health Services Inc reported total revenue of $14,739,446, total expenses of $15,948,044, and net assets of $8,930,958.
Is Valley Health Services Inc's revenue growing or declining?
Valley Health Services Inc's revenue is growing. Revenue went from $12,972,285 (202212) to $14,739,446 (202312), a +13.6% change. Based on 13 filings on record.
What is Valley Health Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Valley Health Services Inc covers tax period 202312. It shows revenue of $14,739,446, expenses of $15,948,044, total assets of $8,930,958, and liabilities of $10,162,973.
How much does Valley Health Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Valley Health Services Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Valley Health Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Valley Health Services Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Valley Health Services Inc?
The following concerns were identified: Consistent operating deficits: Expenses frequently exceed revenue, e.g., $15,948,044 in expenses vs. $14,739,446 in revenue in 2023.. Declining asset base: Total assets have decreased from $10,274,833 in 2016 to $8,930,958 in 2023.. Increasing liabilities: Liabilities have grown from $6,131,622 in 2021 to $10,162,973 in 2023, exceeding assets in the latest filing.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Valley Health Services Inc's strengths?
Positive indicators for Valley Health Services Inc include: Consistent revenue generation: Annual revenue has remained relatively stable, averaging around $15 million over the past several years.. Long operational history: The availability of financial data dating back to 2016 suggests a well-established organization.. These findings are derived from AI analysis of the organization's financial filings.
How does Valley Health Services Inc compensate executives?
Executive compensation cannot be assessed from the provided data, as specific compensation figures for executives are not included in the summary financial information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent operating deficits and increasing liabilities, what strategies are in place to ensure long-term financial sustainability?
The provided data does not detail specific strategies, but the trend suggests a need for either increased revenue generation or significant cost reductions to address the recurring deficits and growing debt.
How does the organization plan to address the fact that its liabilities now exceed its assets, as shown by $10,162,973 in liabilities against $8,930,958 in assets in 2023?
This indicates a precarious financial position. Without further information, it's unclear if this is due to specific capital investments, debt restructuring, or operational challenges, and what recovery plan is in place.
Filing History
IRS 990 filing history for Valley Health Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Valley Health Services Inc's revenue has grown by 14.9%, moving from $12.8M to $14.7M. Total assets decreased by 25.1% over the same period, from $11.9M to $8.9M. Total functional expenses rose by 23.3%, from $12.9M to $15.9M. In its most recent filing year (2023), Valley Health Services Inc reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $10.2M in liabilities against $8.9M in assets (debt-to-asset ratio: 113.8%), resulting in net assets of $-1,232,015.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.7M | $15.9M | $8.9M | $10.2M | — | — |
| 2022 | $13.0M | $15.7M | $7.4M | $7.6M | — | — |
| 2021 | $14.2M | $14.9M | $9.0M | $6.1M | — | View 990 |
| 2020 | $16.1M | $14.8M | $9.7M | $6.2M | — | View 990 |
| 2019 | $15.0M | $15.2M | $9.0M | $6.9M | — | View 990 |
| 2018 | $16.1M | $16.1M | $9.7M | $7.5M | — | View 990 |
| 2017 | $15.2M | $14.9M | $10.3M | $8.1M | — | View 990 |
| 2016 | $14.9M | $14.4M | $10.3M | $8.4M | — | View 990 |
| 2015 | $14.3M | $14.1M | $10.1M | $8.8M | — | View 990 |
| 2014 | $15.8M | $13.7M | $11.3M | $10.1M | — | View 990 |
| 2013 | $16.8M | $13.9M | $16.0M | $11.2M | — | View 990 |
| 2012 | $13.1M | $13.4M | $11.5M | $9.8M | — | View 990 |
| 2011 | $12.8M | $12.9M | $11.9M | $10.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.7M, expenses of $15.9M, and assets of $8.9M (revenue +13.6% year-over-year).
- 2022: Revenue of $13.0M, expenses of $15.7M, and assets of $7.4M (revenue -8.9% year-over-year).
- 2021: Revenue of $14.2M, expenses of $14.9M, and assets of $9.0M (revenue -11.8% year-over-year).
- 2020: Revenue of $16.1M, expenses of $14.8M, and assets of $9.7M (revenue +7.3% year-over-year).
- 2019: Revenue of $15.0M, expenses of $15.2M, and assets of $9.0M (revenue -6.9% year-over-year).
- 2018: Revenue of $16.1M, expenses of $16.1M, and assets of $9.7M (revenue +6.4% year-over-year).
- 2017: Revenue of $15.2M, expenses of $14.9M, and assets of $10.3M (revenue +2.1% year-over-year).
- 2016: Revenue of $14.9M, expenses of $14.4M, and assets of $10.3M (revenue +3.9% year-over-year).
- 2015: Revenue of $14.3M, expenses of $14.1M, and assets of $10.1M (revenue -9.6% year-over-year).
- 2014: Revenue of $15.8M, expenses of $13.7M, and assets of $11.3M (revenue -5.7% year-over-year).
- 2013: Revenue of $16.8M, expenses of $13.9M, and assets of $16.0M (revenue +28.1% year-over-year).
- 2012: Revenue of $13.1M, expenses of $13.4M, and assets of $11.5M (revenue +2.1% year-over-year).
- 2011: Revenue of $12.8M, expenses of $12.9M, and assets of $11.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Valley Health Services Inc:
Data Sources and Methodology
This transparency report for Valley Health Services 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.