Visiting Nurse Assn Of Eastern Mass
EIN: 42104935 · Somerville, MA · NTEE: E92Z
| Metric | Value |
|---|---|
| Total Revenue | $6.4M |
| Total Expenses | $4.1M |
| Net Assets | $1.3M |
Is Visiting Nurse Assn Of Eastern Mass Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Visiting Nurse Assn Of Eastern Mass
Visiting Nurse Assn Of Eastern Mass (EIN: 42104935) is a nonprofit organization based in Somerville, MA, classified under NTEE code E92Z. The organization reported total revenue of $6.4M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visiting Nurse Assn Of Eastern Mass's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visiting Nurse Assn Of Eastern Mass is a mid-size nonprofit that has been operating for 74 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$359K |
| Total Assets | $2.0M |
| Total Liabilities | $666K |
| Net Assets | $1.3M |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 33.6% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2023, Visiting Nurse Assn Of Eastern Mass reported a surplus of $359K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 33.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Visiting Nurse Assn Of Eastern Mass's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.0% | -3.0% | -42.0% |
| 2022 | +73.5% | +47.3% | +29.8% |
| 2021 | -0.8% | +8.8% | +2.6% |
| 2020 | -17.6% | -21.8% | +21.7% |
| 2019 | +14.9% | +20.6% | -10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1952 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Visiting Nurse Assn Of Eastern Mass 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 Visiting Nurse Assn Of Eastern Mass 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 $359K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.6%.
Frequently Asked Questions about Visiting Nurse Assn Of Eastern Mass
Is Visiting Nurse Assn Of Eastern Mass a legitimate charity?
Based on AI analysis of IRS 990 filings, Visiting Nurse Assn Of Eastern Mass (EIN: 42104935) insufficient data. 0 red flags identified, 0 strengths noted.
How does Visiting Nurse Assn Of Eastern Mass spend its money?
Detailed spending breakdown data is not yet available for Visiting Nurse Assn Of Eastern Mass. Check back for updated IRS 990 analysis.
Are donations to Visiting Nurse Assn Of Eastern Mass tax-deductible?
Visiting Nurse Assn Of Eastern Mass is registered as a tax-exempt nonprofit (EIN: 42104935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Visiting Nurse Assn Of Eastern Mass located?
Visiting Nurse Assn Of Eastern Mass is headquartered in Somerville, Massachusetts and files with the IRS under EIN 42104935. It is classified under NTEE code E92Z.
How many years of IRS 990 filings does Visiting Nurse Assn Of Eastern Mass have?
Visiting Nurse Assn Of Eastern Mass 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 $6.4M in total revenue.
Filing History
IRS 990 filing history for Visiting Nurse Assn Of Eastern Mass showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Visiting Nurse Assn Of Eastern Mass's revenue has grown by 106.4%, moving from $2.2M to $4.5M. Total assets decreased by 12.9% over the same period, from $2.3M to $2.0M. Total functional expenses rose by 119.5%, from $1.9M to $4.1M. In its most recent filing year (2023), Visiting Nurse Assn Of Eastern Mass reported a surplus of $359K, with revenue exceeding expenses. The organization holds $666K in liabilities against $2.0M in assets (debt-to-asset ratio: 33.6%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $4.1M | $2.0M | $666K | — | View 990 |
| 2022 | $4.2M | $4.2M | $3.4M | $2.6M | — | View 990 |
| 2021 | $2.4M | $2.9M | $2.6M | $1.8M | — | View 990 |
| 2020 | $2.4M | $2.6M | $2.6M | $1.0M | — | View 990 |
| 2019 | $3.0M | $3.4M | $2.1M | $372K | — | View 990 |
| 2018 | $2.6M | $2.8M | $2.4M | $215K | — | View 990 |
| 2017 | $2.7M | $2.7M | $2.6M | $248K | — | View 990 |
| 2016 | $2.7M | $2.8M | $2.4M | $73K | — | View 990 |
| 2015 | $2.8M | $2.7M | $2.7M | $204K | — | View 990 |
| 2014 | $2.4M | $2.2M | $2.5M | $174K | — | View 990 |
| 2013 | $1.9M | $1.9M | $2.5M | $198K | — | View 990 |
| 2012 | $1.9M | $1.8M | $2.4M | $134K | — | View 990 |
| 2011 | $2.2M | $1.9M | $2.3M | $101K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $4.1M, and assets of $2.0M (revenue +6.0% year-over-year).
- 2022: Revenue of $4.2M, expenses of $4.2M, and assets of $3.4M (revenue +73.5% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.9M, and assets of $2.6M (revenue -0.8% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.6M, and assets of $2.6M (revenue -17.6% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.4M, and assets of $2.1M (revenue +14.9% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.8M, and assets of $2.4M (revenue -4.5% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.7M, and assets of $2.6M (revenue +1.8% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.8M, and assets of $2.4M (revenue -4.2% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.7M, and assets of $2.7M (revenue +17.3% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.2M, and assets of $2.5M (revenue +21.7% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.9M, and assets of $2.5M (revenue +4.2% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $2.4M (revenue -13.7% year-over-year).
- 2011: Revenue of $2.2M, expenses of $1.9M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visiting Nurse Assn Of Eastern Mass:
Data Sources and Methodology
This transparency report for Visiting Nurse Assn Of Eastern Mass 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.