Visiting Nurse Services Of Newport And Bristol Counties
EIN: 50258915 · Middletown, RI
| Metric | Value |
|---|---|
| Total Revenue | $18.0M |
| Total Expenses | $18.0M |
| Net Assets | $3.8M |
Is Visiting Nurse Services Of Newport And Bristol Counties 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 Services Of Newport And Bristol Counties
Visiting Nurse Services Of Newport And Bristol Counties (EIN: 50258915) is a nonprofit organization based in Middletown, RI. The organization reported total revenue of $18.0M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visiting Nurse Services Of Newport And Bristol Counties's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visiting Nurse Services Of Newport And Bristol Counties is a large nonprofit that has been operating for 69 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.7M |
| Total Expenses | $18.0M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $5.8M |
| Total Liabilities | $2.1M |
| Net Assets | $3.8M |
| Operating Margin | 8.9% |
| Debt-to-Asset Ratio | 35.5% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2023, Visiting Nurse Services Of Newport And Bristol Counties reported a surplus of $1.7M with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 35.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Visiting Nurse Services Of Newport And Bristol Counties's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.3% | -11.8% | +50.1% |
| 2022 | -23.7% | -15.3% | -35.0% |
| 2021 | +17.2% | +6.6% | -31.2% |
| 2020 | +2.8% | +5.7% | +62.4% |
| 2019 | +9.7% | +13.8% | -13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1957 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Visiting Nurse Services Of Newport And Bristol Counties 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 Services Of Newport And Bristol Counties 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 $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.5%.
Frequently Asked Questions about Visiting Nurse Services Of Newport And Bristol Counties
Is Visiting Nurse Services Of Newport And Bristol Counties a legitimate charity?
Visiting Nurse Services Of Newport And Bristol Counties (EIN: 50258915) is a registered tax-exempt nonprofit based in Rhode Island. It has 13 years of IRS 990 filings on record. Total revenue: $18.0M. No red flags identified. Financial health grade: A.
How does Visiting Nurse Services Of Newport And Bristol Counties spend its money?
Visiting Nurse Services Of Newport And Bristol Counties reported $18.0M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Visiting Nurse Services Of Newport And Bristol Counties tax-deductible?
Visiting Nurse Services Of Newport And Bristol Counties is registered as a tax-exempt nonprofit (EIN: 50258915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Visiting Nurse Services Of Newport And Bristol Counties located?
Visiting Nurse Services Of Newport And Bristol Counties is headquartered in Middletown, Rhode Island and files with the IRS under EIN 50258915.
How many years of IRS 990 filings does Visiting Nurse Services Of Newport And Bristol Counties have?
Visiting Nurse Services Of Newport And Bristol Counties 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 $18.0M in total revenue.
Filing History
IRS 990 filing history for Visiting Nurse Services Of Newport And Bristol Counties showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Visiting Nurse Services Of Newport And Bristol Counties's revenue has grown by 75.3%, moving from $11.2M to $19.7M. Total assets increased by 54.9% over the same period, from $3.8M to $5.8M. Total functional expenses rose by 56.4%, from $11.5M to $18.0M. In its most recent filing year (2023), Visiting Nurse Services Of Newport And Bristol Counties reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $5.8M in assets (debt-to-asset ratio: 35.5%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.7M | $18.0M | $5.8M | $2.1M | — | — |
| 2022 | $19.1M | $20.4M | $3.9M | $1.9M | — | View 990 |
| 2021 | $25.0M | $24.0M | $6.0M | $2.1M | — | View 990 |
| 2020 | $21.3M | $22.6M | $8.7M | $5.8M | — | View 990 |
| 2019 | $20.8M | $21.4M | $5.3M | $1.5M | — | View 990 |
| 2018 | $18.9M | $18.8M | $6.2M | $2.1M | — | View 990 |
| 2017 | $14.5M | $14.6M | $5.9M | $1.9M | — | — |
| 2016 | $14.4M | $13.5M | $5.9M | $1.8M | — | View 990 |
| 2015 | $13.3M | $12.8M | $4.5M | $1.3M | — | View 990 |
| 2014 | $12.9M | $13.0M | $4.2M | $1.5M | — | View 990 |
| 2013 | $12.7M | $12.6M | $4.6M | $1.8M | — | View 990 |
| 2012 | $11.8M | $11.6M | $4.3M | $1.6M | — | View 990 |
| 2011 | $11.2M | $11.5M | $3.8M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.7M, expenses of $18.0M, and assets of $5.8M (revenue +3.3% year-over-year).
- 2022: Revenue of $19.1M, expenses of $20.4M, and assets of $3.9M (revenue -23.7% year-over-year).
- 2021: Revenue of $25.0M, expenses of $24.0M, and assets of $6.0M (revenue +17.2% year-over-year).
- 2020: Revenue of $21.3M, expenses of $22.6M, and assets of $8.7M (revenue +2.8% year-over-year).
- 2019: Revenue of $20.8M, expenses of $21.4M, and assets of $5.3M (revenue +9.7% year-over-year).
- 2018: Revenue of $18.9M, expenses of $18.8M, and assets of $6.2M (revenue +30.5% year-over-year).
- 2017: Revenue of $14.5M, expenses of $14.6M, and assets of $5.9M (revenue +0.4% year-over-year).
- 2016: Revenue of $14.4M, expenses of $13.5M, and assets of $5.9M (revenue +8.7% year-over-year).
- 2015: Revenue of $13.3M, expenses of $12.8M, and assets of $4.5M (revenue +3.2% year-over-year).
- 2014: Revenue of $12.9M, expenses of $13.0M, and assets of $4.2M (revenue +1.2% year-over-year).
- 2013: Revenue of $12.7M, expenses of $12.6M, and assets of $4.6M (revenue +7.7% year-over-year).
- 2012: Revenue of $11.8M, expenses of $11.6M, and assets of $4.3M (revenue +5.0% year-over-year).
- 2011: Revenue of $11.2M, expenses of $11.5M, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visiting Nurse Services Of Newport And Bristol Counties:
Data Sources and Methodology
This transparency report for Visiting Nurse Services Of Newport And Bristol Counties 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.