Vna Home Care Of Mercer County Inc
Vna Home Care Of Mercer County Inc faces severe financial challenges with consistent revenue decline and growing liabilities.
EIN: 210634500 · Trenton, NJ · NTEE: E92 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $4.9M |
| Program Spending | 80% |
| Net Assets | $-15,963,275 |
| Transparency Score | 30/100 |
Is Vna Home Care Of Mercer County Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vna Home Care Of Mercer County Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vna Home Care Of Mercer County Inc
Vna Home Care Of Mercer County Inc (EIN: 210634500) is a nonprofit organization based in Trenton, NJ, classified under NTEE code E92. The organization reported total revenue of $2.6M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vna Home Care Of Mercer County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vna Home Care Of Mercer County Inc is a mid-size nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $4.9M |
| Surplus / Deficit | $-1,794,801 |
| Total Assets | $2.1M |
| Total Liabilities | $18.1M |
| Net Assets | $-15,963,275 |
| Operating Margin | -57.9% |
| Debt-to-Asset Ratio | 852.5% |
| Months of Reserves | 5.2 months |
Financial Health Grade: C
In 2023, Vna Home Care Of Mercer County Inc reported a deficit of $1.8M with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 852.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vna Home Care Of Mercer County Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.6% | -6.6% | -85.3% |
| 2022 | -12.4% | -12.6% | +5.6% |
| 2021 | -12.3% | -14.2% | +39.6% |
| 2020 | -7.9% | -12.2% | +47.6% |
| 2019 | +0.3% | -4.8% | +61.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Home Care Of Mercer County Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Vna Home Care Of Mercer County Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 852.5%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries or benefits were paid to officers, which is a positive for resource allocation but unusual for an organization of this size.
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 Home Care Of Mercer County Inc's IRS 990 filings:
- Consistent and significant operating deficits, with expenses exceeding revenue in every reported year.
- Dramatic increase in liabilities, from $3.4 million in 2014 to $18.0 million in 2023, far surpassing assets.
- Steep decline in revenue over the past decade, from $8.5 million in 2014 to $3.1 million in 2023.
- Assets are significantly lower than liabilities, indicating a potentially insolvent financial position.
Strengths
The following positive indicators were identified for Vna Home Care Of Mercer County Inc:
- Reported 0% officer compensation across all available filings, indicating no executive salaries or benefits.
Frequently Asked Questions about Vna Home Care Of Mercer County Inc
Is Vna Home Care Of Mercer County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vna Home Care Of Mercer County Inc (EIN: 210634500) significant concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.
How does Vna Home Care Of Mercer County Inc spend its money?
Vna Home Care Of Mercer County Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vna Home Care Of Mercer County Inc tax-deductible?
Vna Home Care Of Mercer County Inc is registered as a tax-exempt nonprofit (EIN: 210634500). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vna Home Care Of Mercer County Inc's spending goes to programs?
Vna Home Care Of Mercer County Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vna Home Care Of Mercer County Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Vna Home Care Of Mercer County Inc is below average for NTEE category E92 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vna Home Care Of Mercer County Inc located?
Vna Home Care Of Mercer County Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 210634500. It is classified under NTEE code E92.
How many years of IRS 990 filings does Vna Home Care Of Mercer County Inc have?
Vna Home Care Of Mercer County 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 $2.6M in total revenue.
Is Vna Home Care Of Mercer County Inc financially sustainable?
Based on the consistent and significant operating deficits, with expenses exceeding revenue by over $1.7 million in 2023, and rapidly increasing liabilities, the organization's financial sustainability is highly questionable.
Why have liabilities increased so dramatically?
Liabilities have surged from $3,433,932 in 2014 to $18,084,681 in 2023. The reason for this dramatic increase is not detailed in the provided data, but it is a major concern for the organization's financial health.
What is the impact of the declining revenue on program services?
With revenue declining from over $8.5 million in 2014 to $3.1 million in 2023, and expenses consistently higher than revenue, it is highly probable that program services have been impacted or are at risk due to financial constraints.
Filing History
IRS 990 filing history for Vna Home Care Of Mercer County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vna Home Care Of Mercer County Inc's revenue has declined by 67.4%, moving from $9.5M to $3.1M. Total assets decreased by 9.2% over the same period, from $2.3M to $2.1M. Total functional expenses fell by 51.8%, from $10.2M to $4.9M. In its most recent filing year (2023), Vna Home Care Of Mercer County Inc reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $18.1M in liabilities against $2.1M in assets (debt-to-asset ratio: 852.5%), resulting in net assets of $-15,963,275.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $4.9M | $2.1M | $18.1M | — | — |
| 2022 | $4.2M | $5.2M | $14.4M | $28.6M | — | View 990 |
| 2021 | $4.8M | $6.0M | $13.7M | $26.8M | — | View 990 |
| 2020 | $5.5M | $7.0M | $9.8M | $21.8M | — | View 990 |
| 2019 | $6.0M | $8.0M | $6.6M | $17.1M | — | View 990 |
| 2018 | $6.0M | $8.4M | $4.1M | $12.6M | — | View 990 |
| 2017 | $6.4M | $8.9M | $1.8M | $7.9M | — | View 990 |
| 2016 | $7.7M | $9.1M | $1.8M | $5.4M | — | View 990 |
| 2015 | $8.3M | $9.1M | $2.4M | $4.7M | — | View 990 |
| 2014 | $8.6M | $10.3M | $2.0M | $3.4M | — | View 990 |
| 2013 | $4.5M | $4.2M | $2.1M | $1.7M | — | View 990 |
| 2012 | $9.4M | $10.0M | $2.1M | $2.1M | — | View 990 |
| 2011 | $9.5M | $10.2M | $2.3M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $4.9M, and assets of $2.1M (revenue -26.6% year-over-year).
- 2022: Revenue of $4.2M, expenses of $5.2M, and assets of $14.4M (revenue -12.4% year-over-year).
- 2021: Revenue of $4.8M, expenses of $6.0M, and assets of $13.7M (revenue -12.3% year-over-year).
- 2020: Revenue of $5.5M, expenses of $7.0M, and assets of $9.8M (revenue -7.9% year-over-year).
- 2019: Revenue of $6.0M, expenses of $8.0M, and assets of $6.6M (revenue +0.3% year-over-year).
- 2018: Revenue of $6.0M, expenses of $8.4M, and assets of $4.1M (revenue -7.2% year-over-year).
- 2017: Revenue of $6.4M, expenses of $8.9M, and assets of $1.8M (revenue -16.4% year-over-year).
- 2016: Revenue of $7.7M, expenses of $9.1M, and assets of $1.8M (revenue -7.3% year-over-year).
- 2015: Revenue of $8.3M, expenses of $9.1M, and assets of $2.4M (revenue -3.3% year-over-year).
- 2014: Revenue of $8.6M, expenses of $10.3M, and assets of $2.0M (revenue +91.2% year-over-year).
- 2013: Revenue of $4.5M, expenses of $4.2M, and assets of $2.1M (revenue -52.6% year-over-year).
- 2012: Revenue of $9.4M, expenses of $10.0M, and assets of $2.1M (revenue -0.8% year-over-year).
- 2011: Revenue of $9.5M, expenses of $10.2M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vna Home Care Of Mercer County Inc:
Data Sources and Methodology
This transparency report for Vna Home Care Of Mercer County 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.