Visiting Nurse Association Of Northern New Jersey Inc
Visiting Nurse Association of Northern New Jersey: Stable Finances, Strong Program Focus
EIN: 221487368 · Morristown, NJ · NTEE: E90 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $15.3M |
| Total Expenses | $15.3M |
| Program Spending | 85% |
| Net Assets | $28.2M |
| Transparency Score | 85/100 |
Is Visiting Nurse Association Of Northern New Jersey Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Visiting Nurse Association Of Northern New Jersey Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Visiting Nurse Association Of Northern New Jersey Inc
Visiting Nurse Association Of Northern New Jersey Inc (EIN: 221487368) is a nonprofit organization based in Morristown, NJ, classified under NTEE code E90. The organization reported total revenue of $15.3M and total assets of $33.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visiting Nurse Association Of Northern New Jersey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visiting Nurse Association Of Northern New Jersey Inc is a large nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.7M |
| Total Expenses | $15.3M |
| Surplus / Deficit | +$426K |
| Total Assets | $33.6M |
| Total Liabilities | $5.5M |
| Net Assets | $28.2M |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 16.2% |
| Months of Reserves | 26.4 months |
Financial Health Grade: A
In 2023, Visiting Nurse Association Of Northern New Jersey Inc reported a surplus of $426K with revenue exceeding expenses, holds 26.4 months of operating reserves (strong position), has a debt-to-asset ratio of 16.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Visiting Nurse Association Of Northern New Jersey Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.6% | +0.2% | +2.7% |
| 2022 | -12.0% | -10.3% | -9.7% |
| 2021 | +8.0% | +8.3% | +4.7% |
| 2020 | -3.4% | -6.8% | +6.5% |
| 2019 | -3.3% | +1.6% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
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 Association Of Northern New Jersey Inc with a Mission Score of 85 out of 100 (Excellent). 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 Association Of Northern New Jersey Inc 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 $426K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.2%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries, but overall expenses are well-managed relative to revenue.
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.
Strengths
The following positive indicators were identified for Visiting Nurse Association Of Northern New Jersey Inc:
- Consistent revenue generation over several years, averaging around $16-17 million annually.
- Strong asset base, consistently above $30 million, indicating financial stability and capacity.
- Low liability-to-asset ratio, suggesting good financial health and limited debt burden.
- Consistent program focus with no reported lobbying expenditures.
- Maintained a positive net income in most years, contributing to asset growth.
Frequently Asked Questions about Visiting Nurse Association Of Northern New Jersey Inc
Is Visiting Nurse Association Of Northern New Jersey Inc a legitimate charity?
Visiting Nurse Association Of Northern New Jersey Inc (EIN: 221487368) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Visiting Nurse Association Of Northern New Jersey Inc spend its money?
Visiting Nurse Association Of Northern New Jersey Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Visiting Nurse Association Of Northern New Jersey Inc tax-deductible?
Visiting Nurse Association Of Northern New Jersey Inc is registered as a tax-exempt nonprofit (EIN: 221487368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Visiting Nurse Association Of Northern New Jersey Inc's spending goes to programs?
Visiting Nurse Association Of Northern New Jersey Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Visiting Nurse Association Of Northern New Jersey Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Visiting Nurse Association Of Northern New Jersey Inc is above average for NTEE category E90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Visiting Nurse Association Of Northern New Jersey Inc located?
Visiting Nurse Association Of Northern New Jersey Inc is headquartered in Morristown, New Jersey and files with the IRS under EIN 221487368. It is classified under NTEE code E90.
How many years of IRS 990 filings does Visiting Nurse Association Of Northern New Jersey Inc have?
Visiting Nurse Association Of Northern New Jersey 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 $15.3M in total revenue.
What does Visiting Nurse Association Of Northern New Jersey Inc do?
Visiting Nurse Association Of Northern New Jersey Inc is a nonprofit organization in the Health Care sector, located in Morristown, New Jersey. It is classified under NTEE code E90.
How much revenue does Visiting Nurse Association Of Northern New Jersey Inc have?
Visiting Nurse Association Of Northern New Jersey Inc reported total revenue of $15,265,319. Based on 13 IRS 990 filings on record.
What are Visiting Nurse Association Of Northern New Jersey Inc's total assets?
Visiting Nurse Association Of Northern New Jersey Inc holds total assets of $33,888,363 as reported in IRS 990 filings.
Where is Visiting Nurse Association Of Northern New Jersey Inc located?
Visiting Nurse Association Of Northern New Jersey Inc is based in Morristown, New Jersey.
What is Visiting Nurse Association Of Northern New Jersey Inc's EIN?
Visiting Nurse Association Of Northern New Jersey Inc's Employer Identification Number (EIN) is 221487368. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Visiting Nurse Association Of Northern New Jersey Inc?
Visiting Nurse Association Of Northern New Jersey Inc is classified under NTEE code E90 (Health Care).
Is Visiting Nurse Association Of Northern New Jersey Inc a registered 501(c)(3)?
Yes, Visiting Nurse Association Of Northern New Jersey Inc is recognized as a tax-exempt organization by the IRS. EIN: 221487368.
Does Visiting Nurse Association Of Northern New Jersey Inc file IRS Form 990?
Yes, Visiting Nurse Association Of Northern New Jersey Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Visiting Nurse Association Of Northern New Jersey Inc's revenue in 2023?
In the 202312 filing period, Visiting Nurse Association Of Northern New Jersey Inc reported total revenue of $15,744,331, total expenses of $15,318,385, and net assets of $33,645,945.
Is Visiting Nurse Association Of Northern New Jersey Inc's revenue growing or declining?
Visiting Nurse Association Of Northern New Jersey Inc's revenue is relatively stable. Revenue went from $15,642,829 (202212) to $15,744,331 (202312), a +0.6% change. Based on 13 filings on record.
What is Visiting Nurse Association Of Northern New Jersey Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Visiting Nurse Association Of Northern New Jersey Inc covers tax period 202312. It shows revenue of $15,744,331, expenses of $15,318,385, total assets of $33,645,945, and liabilities of $5,451,568.
How much does Visiting Nurse Association Of Northern New Jersey Inc spend on programs vs administration?
Based on IRS 990 analysis, Visiting Nurse Association Of Northern New Jersey Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Visiting Nurse Association Of Northern New Jersey Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Visiting Nurse Association Of Northern New Jersey Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Visiting Nurse Association Of Northern New Jersey Inc's strengths?
Positive indicators for Visiting Nurse Association Of Northern New Jersey Inc include: Consistent revenue generation over several years, averaging around $16-17 million annually.. Strong asset base, consistently above $30 million, indicating financial stability and capacity.. Low liability-to-asset ratio, suggesting good financial health and limited debt burden.. Consistent program focus with no reported lobbying expenditures.. Maintained a positive net income in most years, contributing to asset growth.. These findings are derived from AI analysis of the organization's financial filings.
How does Visiting Nurse Association Of Northern New Jersey Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries, but overall expenses are well-managed relative to revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization's consistent asset growth, from $27.8M in 2016 to $33.6M in 2023, impact its long-term sustainability and capacity for service expansion?
The consistent growth in assets, particularly with liabilities remaining relatively stable, indicates a strong financial foundation. This enhances long-term sustainability by providing a buffer against economic downturns and potentially allows for future investments in programs, technology, or facilities to expand services without relying solely on annual revenue fluctuations.
Given the stable revenue and expense figures over the past several years, what strategies might the VNA of Northern New Jersey employ to significantly increase its reach or impact beyond its current operational scale?
With stable operations, the VNA could explore strategic partnerships with other healthcare providers, invest in new service lines (e.g., specialized home care, telehealth expansion), or launch targeted fundraising campaigns for specific growth initiatives. Leveraging its strong asset base could also facilitate acquiring smaller, complementary organizations or expanding into underserved geographic areas within its region.
Filing History
IRS 990 filing history for Visiting Nurse Association Of Northern New Jersey Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Visiting Nurse Association Of Northern New Jersey Inc's revenue has declined by 1.4%, moving from $16.0M to $15.7M. Total assets increased by 48.6% over the same period, from $22.6M to $33.6M. Total functional expenses rose by 2.6%, from $14.9M to $15.3M. In its most recent filing year (2023), Visiting Nurse Association Of Northern New Jersey Inc reported a surplus of $426K, with revenue exceeding expenses. The organization holds $5.5M in liabilities against $33.6M in assets (debt-to-asset ratio: 16.2%), resulting in net assets of $28.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.7M | $15.3M | $33.6M | $5.5M | — | — |
| 2022 | $15.6M | $15.3M | $32.8M | $5.5M | — | View 990 |
| 2021 | $17.8M | $17.1M | $36.3M | $7.8M | — | View 990 |
| 2020 | $16.5M | $15.8M | $34.6M | $7.3M | — | View 990 |
| 2019 | $17.0M | $16.9M | $32.5M | $6.6M | — | View 990 |
| 2018 | $17.6M | $16.6M | $32.4M | $7.1M | — | View 990 |
| 2017 | $16.0M | $14.9M | $31.4M | $6.9M | — | View 990 |
| 2016 | $16.1M | $15.0M | $27.8M | $4.6M | — | View 990 |
| 2015 | $16.6M | $15.6M | $26.9M | $4.9M | — | View 990 |
| 2014 | $17.3M | $16.0M | $26.2M | $5.1M | — | View 990 |
| 2013 | $17.7M | $16.1M | $26.1M | $6.2M | — | View 990 |
| 2012 | $17.2M | $15.6M | $24.5M | $6.5M | — | View 990 |
| 2011 | $16.0M | $14.9M | $22.6M | $6.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.7M, expenses of $15.3M, and assets of $33.6M (revenue +0.6% year-over-year).
- 2022: Revenue of $15.6M, expenses of $15.3M, and assets of $32.8M (revenue -12.0% year-over-year).
- 2021: Revenue of $17.8M, expenses of $17.1M, and assets of $36.3M (revenue +8.0% year-over-year).
- 2020: Revenue of $16.5M, expenses of $15.8M, and assets of $34.6M (revenue -3.4% year-over-year).
- 2019: Revenue of $17.0M, expenses of $16.9M, and assets of $32.5M (revenue -3.3% year-over-year).
- 2018: Revenue of $17.6M, expenses of $16.6M, and assets of $32.4M (revenue +9.9% year-over-year).
- 2017: Revenue of $16.0M, expenses of $14.9M, and assets of $31.4M (revenue -0.4% year-over-year).
- 2016: Revenue of $16.1M, expenses of $15.0M, and assets of $27.8M (revenue -2.9% year-over-year).
- 2015: Revenue of $16.6M, expenses of $15.6M, and assets of $26.9M (revenue -4.2% year-over-year).
- 2014: Revenue of $17.3M, expenses of $16.0M, and assets of $26.2M (revenue -2.4% year-over-year).
- 2013: Revenue of $17.7M, expenses of $16.1M, and assets of $26.1M (revenue +3.0% year-over-year).
- 2012: Revenue of $17.2M, expenses of $15.6M, and assets of $24.5M (revenue +7.7% year-over-year).
- 2011: Revenue of $16.0M, expenses of $14.9M, and assets of $22.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visiting Nurse Association Of Northern New Jersey Inc:
Data Sources and Methodology
This transparency report for Visiting Nurse Association Of Northern New Jersey 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.