Visiting Nurse And Health Services

Is Visiting Nurse And Health Services Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Visiting Nurse And Health Services directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Visiting Nurse And Health Services

Visiting Nurse And Health Services (EIN: 221501364) is a nonprofit organization based in Runnemede, NJ, classified under NTEE code E920. The organization reported total revenue of $11.4M and total assets of $43.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visiting Nurse And Health Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Visiting Nurse And Health Services is a large nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Visiting Nurse And Health Services reported a surplus of $127K with revenue exceeding expenses, holds 44.6 months of operating reserves (strong position), has a debt-to-asset ratio of 111.6% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Visiting Nurse And Health Services's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.

IRS Tax-Exempt Classification

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 Visiting Nurse And Health Services 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: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Visiting Nurse And Health Services 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $127K, with revenue exceeding expenses.
• Debt-to-asset ratio: 111.6%.

Executive Compensation Analysis

Executive compensation is reported as $0 across all available filings, which is unusual for an organization of this size and suggests that compensation may be structured in a way that is not captured in this specific line item, or key personnel are compensated through other entities.

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 Visiting Nurse And Health Services's IRS 990 filings:

• Dramatic decrease in total assets from $178,489,865 in 2022 to $42,556,870 in 2023 without clear explanation in provided data.
• Consistent reporting of $0 for compensation to officers, directors, trustees, and key employees across multiple years, which may obscure actual executive benefits.
• Sustained decline in total revenue over several years, from $14,624,143 in 2016 to $11,579,355 in 2023, raising concerns about long-term financial sustainability.

Strengths

The following positive indicators were identified for Visiting Nurse And Health Services:

• The organization has maintained operations for an extended period despite financial fluctuations, demonstrating resilience.
• Consistent reporting of 0% compensation for key personnel could indicate a highly volunteer-driven leadership or a commitment to minimizing administrative overhead, if accurately represented.

Frequently Asked Questions about Visiting Nurse And Health Services

Filing History

IRS 990 filing history for Visiting Nurse And Health Services showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Visiting Nurse And Health Services's revenue has declined by 31.6%, moving from $16.9M to $11.6M. Total assets increased by 1326.3% over the same period, from $3.0M to $42.6M. Total functional expenses fell by 37.2%, from $18.3M to $11.5M. In its most recent filing year (2023), Visiting Nurse And Health Services reported a surplus of $127K, with revenue exceeding expenses. The organization holds $47.5M in liabilities against $42.6M in assets (debt-to-asset ratio: 111.6%), resulting in net assets of $-4,923,197.

Year-by-Year Financial Summary

• 2023: Revenue of $11.6M, expenses of $11.5M, and assets of $42.6M (revenue -16.3% year-over-year).
• 2022: Revenue of $13.8M, expenses of $11.1M, and assets of $178.5M (revenue +16.2% year-over-year).
• 2021: Revenue of $11.9M, expenses of $12.1M, and assets of $167.2M (revenue -5.0% year-over-year).
• 2020: Revenue of $12.5M, expenses of $13.3M, and assets of $3.5M (revenue -8.5% year-over-year).
• 2019: Revenue of $13.7M, expenses of $14.8M, and assets of $4.5M (revenue -1.2% year-over-year).
• 2018: Revenue of $13.9M, expenses of $14.8M, and assets of $4.4M (revenue -1.9% year-over-year).
• 2017: Revenue of $14.1M, expenses of $15.5M, and assets of $4.9M (revenue -3.4% year-over-year).
• 2016: Revenue of $14.6M, expenses of $15.7M, and assets of $5.4M (revenue -9.5% year-over-year).
• 2015: Revenue of $16.2M, expenses of $14.8M, and assets of $6.2M (revenue +14.1% year-over-year).
• 2014: Revenue of $14.2M, expenses of $14.3M, and assets of $4.3M (revenue -3.9% year-over-year).
• 2013: Revenue of $14.7M, expenses of $16.6M, and assets of $3.5M (revenue -6.1% year-over-year).
• 2012: Revenue of $15.7M, expenses of $18.0M, and assets of $2.7M (revenue -7.3% year-over-year).
• 2011: Revenue of $16.9M, expenses of $18.3M, and assets of $3.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Visiting Nurse And Health Services:

Data Sources and Methodology

This transparency report for Visiting Nurse And Health Services 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.