Vna Home Health & Hospice Services Inc
Vna Home Health & Hospice Services Inc maintains stable operations with fluctuating annual surpluses and deficits, reporting 0% officer compensation.
EIN: 20222241 · Manchester, NH · NTEE: E920 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.9M |
| Total Expenses | $15.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $14 |
| Net Assets | $11.9M |
| Transparency Score | 85/100 |
Is Vna Home Health & Hospice Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vna Home Health & Hospice Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vna Home Health & Hospice Services Inc
Vna Home Health & Hospice Services Inc (EIN: 20222241) is a nonprofit organization based in Manchester, NH, classified under NTEE code E920. The organization reported total revenue of $14.9M and total assets of $17.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vna Home Health & Hospice Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vna Home Health & Hospice Services Inc is a large nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.0M |
| Total Expenses | $15.5M |
| Surplus / Deficit | $-411,525 |
| Total Assets | $14.4M |
| Total Liabilities | $2.5M |
| Net Assets | $11.9M |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 17.1% |
| Months of Reserves | 11.2 months |
Financial Health Grade: B
In 2023, Vna Home Health & Hospice Services Inc reported a deficit of $412K with expenses exceeding revenue, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 17.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vna Home Health & Hospice Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.3% | +3.9% | -3.2% |
| 2022 | -2.5% | -3.5% | -15.3% |
| 2021 | -3.8% | -2.9% | +11.8% |
| 2020 | +1.2% | -2.7% | +44.0% |
| 2019 | +2.0% | -1.0% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Health & Hospice Services 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, Vna Home Health & Hospice Services 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 $412K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with annual revenues exceeding $14 million. This either indicates a fully volunteer executive leadership or that executive compensation is categorized differently within the financial statements, requiring further scrutiny for full transparency.
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 Health & Hospice Services Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and may obscure actual executive remuneration.
- Operational deficit in the most recent filing (202306), with expenses exceeding revenue by $411,525.
Strengths
The following positive indicators were identified for Vna Home Health & Hospice Services Inc:
- Long operational history with 13 filings, indicating stability and experience.
- Significant asset growth over the past decade, from $8,078,504 in 201406 to $14,376,788 in 202306.
- Generally stable revenue streams, consistently in the $15-18 million range over the last decade.
- Strong program focus implied by the nature of home health and hospice services (NTEE E920).
Frequently Asked Questions about Vna Home Health & Hospice Services Inc
Is Vna Home Health & Hospice Services Inc a legitimate charity?
Vna Home Health & Hospice Services Inc (EIN: 20222241) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $14.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Vna Home Health & Hospice Services Inc spend its money?
Vna Home Health & Hospice Services Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Vna Home Health & Hospice Services Inc tax-deductible?
Vna Home Health & Hospice Services Inc is registered as a tax-exempt nonprofit (EIN: 20222241). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Vna Home Health & Hospice Services Inc CEO make?
Vna Home Health & Hospice Services Inc's highest-compensated officer earns $14 annually. The organization reported $14.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Vna Home Health & Hospice Services Inc's spending goes to programs?
Vna Home Health & Hospice Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vna Home Health & Hospice Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vna Home Health & Hospice Services Inc is above average for NTEE category E920 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vna Home Health & Hospice Services Inc located?
Vna Home Health & Hospice Services Inc is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20222241. It is classified under NTEE code E920.
How many years of IRS 990 filings does Vna Home Health & Hospice Services Inc have?
Vna Home Health & Hospice Services 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 $14.9M in total revenue.
How does Vna Home Health & Hospice Services Inc manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues in the $15-18 million range. This could mean that executive roles are entirely volunteer, or that compensation for key management personnel is reported under other expense categories (e.g., salaries and wages for program staff) rather than specifically as 'officer compensation' on the 990 form. Further investigation into their detailed expense breakdowns would be necessary to understand this.
What is the long-term trend of Vna Home Health & Hospice Services Inc's net assets?
The organization's assets have shown a positive long-term trend, increasing from $8,078,504 in 201406 to $14,376,788 in 202306. While there was a dip in assets from $17,552,397 in 202106 to $14,376,788 in 202306, the overall trajectory over the decade indicates growth in financial resources.
Does Vna Home Health & Hospice Services Inc consistently operate with a surplus?
No, Vna Home Health & Hospice Services Inc does not consistently operate with a surplus. While many years show a surplus (e.g., 202206 with $1.5 million surplus), other years show a deficit (e.g., 202306 with a $411,525 deficit and 201606 with a $98,190 deficit). This indicates fluctuating operational results, though generally balanced over time.
Filing History
IRS 990 filing history for Vna Home Health & Hospice Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vna Home Health & Hospice Services Inc's revenue has grown by 17.2%, moving from $12.8M to $15.0M. Total assets increased by 206.7% over the same period, from $4.7M to $14.4M. Total functional expenses rose by 22.5%, from $12.6M to $15.5M. In its most recent filing year (2023), Vna Home Health & Hospice Services Inc reported a deficit of $412K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $14.4M in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $11.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.0M | $15.5M | $14.4M | $2.5M | — | View 990 |
| 2022 | $16.4M | $14.9M | $14.9M | $3.0M | — | View 990 |
| 2021 | $16.8M | $15.4M | $17.6M | $6.3M | — | — |
| 2020 | $17.5M | $15.9M | $15.7M | $8.0M | — | View 990 |
| 2019 | $17.3M | $16.3M | $10.9M | $4.5M | — | View 990 |
| 2018 | $16.9M | $16.5M | $10.2M | $3.9M | — | View 990 |
| 2017 | $17.5M | $16.6M | $9.5M | $4.1M | — | View 990 |
| 2016 | $16.6M | $16.7M | $8.3M | $4.9M | — | View 990 |
| 2015 | $17.1M | $16.9M | $8.3M | $4.0M | — | View 990 |
| 2014 | $18.0M | $16.0M | $8.1M | $3.6M | — | View 990 |
| 2013 | $14.7M | $13.9M | $6.1M | $3.1M | — | View 990 |
| 2012 | $12.9M | $12.9M | $5.0M | $3.7M | — | View 990 |
| 2011 | $12.8M | $12.6M | $4.7M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.0M, expenses of $15.5M, and assets of $14.4M (revenue -8.3% year-over-year).
- 2022: Revenue of $16.4M, expenses of $14.9M, and assets of $14.9M (revenue -2.5% year-over-year).
- 2021: Revenue of $16.8M, expenses of $15.4M, and assets of $17.6M (revenue -3.8% year-over-year).
- 2020: Revenue of $17.5M, expenses of $15.9M, and assets of $15.7M (revenue +1.2% year-over-year).
- 2019: Revenue of $17.3M, expenses of $16.3M, and assets of $10.9M (revenue +2.0% year-over-year).
- 2018: Revenue of $16.9M, expenses of $16.5M, and assets of $10.2M (revenue -3.4% year-over-year).
- 2017: Revenue of $17.5M, expenses of $16.6M, and assets of $9.5M (revenue +5.5% year-over-year).
- 2016: Revenue of $16.6M, expenses of $16.7M, and assets of $8.3M (revenue -3.0% year-over-year).
- 2015: Revenue of $17.1M, expenses of $16.9M, and assets of $8.3M (revenue -4.9% year-over-year).
- 2014: Revenue of $18.0M, expenses of $16.0M, and assets of $8.1M (revenue +22.4% year-over-year).
- 2013: Revenue of $14.7M, expenses of $13.9M, and assets of $6.1M (revenue +13.7% year-over-year).
- 2012: Revenue of $12.9M, expenses of $12.9M, and assets of $5.0M (revenue +0.8% year-over-year).
- 2011: Revenue of $12.8M, expenses of $12.6M, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vna Home Health & Hospice Services Inc:
Data Sources and Methodology
This transparency report for Vna Home Health & Hospice Services 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.