Vna At Hcs Inc
Vna At Hcs Inc consistently operates with expenses often exceeding revenue, maintaining substantial assets and reporting no officer compensation.
EIN: 20360640 · Keene, NH · NTEE: E99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.6M |
| Total Expenses | $19.1M |
| Program Spending | 85% |
| Net Assets | $5.4M |
| Transparency Score | 75/100 |
Is Vna At Hcs Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vna At Hcs Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vna At Hcs Inc
Vna At Hcs Inc (EIN: 20360640) is a nonprofit organization based in Keene, NH, classified under NTEE code E99Z. The organization reported total revenue of $18.6M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vna At Hcs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vna At Hcs Inc is a large nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.5M |
| Total Expenses | $19.1M |
| Surplus / Deficit | $-569,364 |
| Total Assets | $8.6M |
| Total Liabilities | $3.2M |
| Net Assets | $5.4M |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 36.8% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2023, Vna At Hcs Inc reported a deficit of $569K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 36.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Vna At Hcs Inc's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.3% | +8.6% | -1.3% |
| 2022 | -10.0% | +10.4% | -10.7% |
| 2021 | +22.8% | -2.2% | +0.8% |
| 2020 | -7.5% | -6.6% | -3.2% |
| 2019 | -7.4% | +13.5% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Vna At Hcs 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Vna At Hcs 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 deficit of $569K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size with revenues consistently in the multi-millions.
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 Vna At Hcs Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in multiple years, such as 202306 ($19,054,849 expenses vs. $18,485,485 revenue) and 202206 ($17,547,619 expenses vs. $16,309,876 revenue).
- Unusual reporting of 0% officer compensation for an organization of this size and revenue, which may obscure how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Vna At Hcs Inc:
- Strong asset base providing financial resilience (e.g., $8,609,592 in assets for 202306).
- Consistent revenue generation in the multi-millions over the past decade, indicating a stable funding stream.
- Healthy asset-to-liability ratio, suggesting good financial management of its balance sheet.
Frequently Asked Questions about Vna At Hcs Inc
Is Vna At Hcs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vna At Hcs Inc (EIN: 20360640) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Vna At Hcs Inc spend its money?
Vna At Hcs Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vna At Hcs Inc tax-deductible?
Vna At Hcs Inc is registered as a tax-exempt nonprofit (EIN: 20360640). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vna At Hcs Inc's spending goes to programs?
Vna At Hcs Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vna At Hcs Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Vna At Hcs Inc is above average for NTEE category E99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vna At Hcs Inc located?
Vna At Hcs Inc is headquartered in Keene, New Hampshire and files with the IRS under EIN 20360640. It is classified under NTEE code E99Z.
How many years of IRS 990 filings does Vna At Hcs Inc have?
Vna At Hcs Inc has 12 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 $18.6M in total revenue.
Is Vna At Hcs Inc financially stable given its recurring operational deficits?
While Vna At Hcs Inc frequently reports expenses exceeding revenue (e.g., $19,054,849 expenses vs. $18,485,485 revenue in 202306), its substantial asset base (e.g., $8,609,592 in 202306) suggests it has reserves to cover these shortfalls, indicating a degree of stability despite the operational trend.
How does Vna At Hcs Inc manage to operate without officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. This could imply that executive leadership is compensated through a related entity, is entirely volunteer-based, or that the compensation is categorized differently within the filing, warranting further investigation.
What is the long-term trend of Vna At Hcs Inc's assets and liabilities?
Assets have fluctuated but generally remained strong, ranging from $8,036,025 in 201706 to $11,262,331 in 201806, and standing at $8,609,592 in 202306. Liabilities have also varied, from $1,476,682 in 201406 to $4,664,326 in 202006, and were $3,168,449 in 202306. The organization generally maintains a healthy asset-to-liability ratio.
Filing History
IRS 990 filing history for Vna At Hcs Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Vna At Hcs Inc's revenue has declined by 0.3%, moving from $18.5M to $18.5M. Total assets decreased by 6.7% over the same period, from $9.2M to $8.6M. Total functional expenses rose by 5.7%, from $18.0M to $19.1M. In its most recent filing year (2023), Vna At Hcs Inc reported a deficit of $569K, with expenses exceeding revenue. The organization holds $3.2M in liabilities against $8.6M in assets (debt-to-asset ratio: 36.8%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.5M | $19.1M | $8.6M | $3.2M | — | View 990 |
| 2022 | $16.3M | $17.5M | $8.7M | $2.7M | — | View 990 |
| 2021 | $18.1M | $15.9M | $9.8M | $2.5M | — | View 990 |
| 2020 | $14.8M | $16.2M | $9.7M | $4.7M | — | View 990 |
| 2019 | $16.0M | $17.4M | $10.0M | $3.5M | — | View 990 |
| 2018 | $17.2M | $15.3M | $11.3M | $3.3M | — | View 990 |
| 2017 | $19.1M | $19.4M | $8.0M | $2.1M | — | View 990 |
| 2016 | $18.2M | $18.8M | $8.4M | $2.2M | — | View 990 |
| 2015 | $17.3M | $18.3M | $8.4M | $1.5M | — | View 990 |
| 2014 | $18.5M | $18.6M | $9.4M | $1.5M | — | View 990 |
| 2013 | $18.4M | $18.3M | $9.5M | $1.6M | — | View 990 |
| 2012 | $18.5M | $18.0M | $9.2M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.5M, expenses of $19.1M, and assets of $8.6M (revenue +13.3% year-over-year).
- 2022: Revenue of $16.3M, expenses of $17.5M, and assets of $8.7M (revenue -10.0% year-over-year).
- 2021: Revenue of $18.1M, expenses of $15.9M, and assets of $9.8M (revenue +22.8% year-over-year).
- 2020: Revenue of $14.8M, expenses of $16.2M, and assets of $9.7M (revenue -7.5% year-over-year).
- 2019: Revenue of $16.0M, expenses of $17.4M, and assets of $10.0M (revenue -7.4% year-over-year).
- 2018: Revenue of $17.2M, expenses of $15.3M, and assets of $11.3M (revenue -9.7% year-over-year).
- 2017: Revenue of $19.1M, expenses of $19.4M, and assets of $8.0M (revenue +4.9% year-over-year).
- 2016: Revenue of $18.2M, expenses of $18.8M, and assets of $8.4M (revenue +4.9% year-over-year).
- 2015: Revenue of $17.3M, expenses of $18.3M, and assets of $8.4M (revenue -6.4% year-over-year).
- 2014: Revenue of $18.5M, expenses of $18.6M, and assets of $9.4M (revenue +0.9% year-over-year).
- 2013: Revenue of $18.4M, expenses of $18.3M, and assets of $9.5M (revenue -1.0% year-over-year).
- 2012: Revenue of $18.5M, expenses of $18.0M, and assets of $9.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vna At Hcs Inc:
Data Sources and Methodology
This transparency report for Vna At Hcs 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.