Vna Home Health Services Inc
Vna Home Health Services Inc faces persistent operating deficits and growing liabilities, with expenses consistently exceeding revenue.
EIN: 133690105 · Westbury, NY · NTEE: E92Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $4.2M |
| Program Spending | 80% |
| Net Assets | $-8,007,074 |
| Transparency Score | 40/100 |
Is Vna Home Health Services 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 Health Services Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vna Home Health Services Inc
Vna Home Health Services Inc (EIN: 133690105) is a nonprofit organization based in Westbury, NY, classified under NTEE code E92Z. The organization reported total revenue of $3.3M and total assets of $982K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vna Home Health Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vna Home Health Services Inc is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $4.2M |
| Surplus / Deficit | $-1,098,297 |
| Total Assets | $1.2M |
| Total Liabilities | $9.2M |
| Net Assets | $-8,007,074 |
| Operating Margin | -35.0% |
| Debt-to-Asset Ratio | 773.2% |
| Months of Reserves | 3.4 months |
Financial Health Grade: C
In 2023, Vna Home Health Services Inc reported a deficit of $1.1M with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 773.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vna Home Health Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.4% | -3.3% | -15.5% |
| 2022 | +0.3% | -0.5% | +10.9% |
| 2021 | -15.5% | -6.3% | -6.2% |
| 2020 | +7.8% | -9.7% | -16.9% |
| 2019 | -4.6% | +10.4% | -68.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Services Inc with a Mission Score of 40 out of 100 (Fair). 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 Health Services 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 $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 773.2%.
Executive Compensation Analysis
Officer compensation has been reported as 0% across all available filings, suggesting that top executives may not be drawing salaries or that their compensation is structured in a way not captured under 'Officer Comp' on the 990, which could indicate efficient use of funds at the leadership level relative to the organization's 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 Health Services Inc's IRS 990 filings:
- Consistent operating deficits, with expenses exceeding revenue for over a decade (e.g., $4.2M expenses vs. $3.1M revenue in 2023).
- Rapidly increasing liabilities, growing from $2.08M in 2015 to $9.19M in 2023.
- Assets are significantly lower than liabilities, indicating a negative net asset position ($1.18M assets vs. $9.19M liabilities in 2023).
- Revenue has generally declined over the past decade, from $4.77M in 2014 to $3.13M in 2023, while expenses have not decreased proportionally.
Strengths
The following positive indicators were identified for Vna Home Health Services Inc:
- No reported officer compensation, suggesting potential efficiency in executive remuneration.
- Provides home health services, addressing a critical community need (NTEE Code E92Z).
Frequently Asked Questions about Vna Home Health Services Inc
Is Vna Home Health Services Inc a legitimate charity?
Vna Home Health Services Inc (EIN: 133690105) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 40/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.3M. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Vna Home Health Services Inc spend its money?
Vna Home Health Services Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Vna Home Health Services Inc tax-deductible?
Vna Home Health Services Inc is registered as a tax-exempt nonprofit (EIN: 133690105). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vna Home Health Services Inc's spending goes to programs?
Vna Home Health Services Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vna Home Health Services Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Vna Home Health Services Inc is near average for NTEE category E92Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vna Home Health Services Inc located?
Vna Home Health Services Inc is headquartered in Westbury, New York and files with the IRS under EIN 133690105. It is classified under NTEE code E92Z.
How many years of IRS 990 filings does Vna Home Health Services Inc have?
Vna Home Health 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 $3.3M in total revenue.
Is Vna Home Health Services Inc financially sustainable?
Based on the consistent trend of expenses exceeding revenue and rapidly growing liabilities, the organization's financial sustainability is a significant concern. For instance, in 2023, expenses were $4.2M while revenue was $3.1M, contributing to liabilities of over $9.1M.
What is causing the large and growing liabilities?
The primary cause of the growing liabilities appears to be the organization's inability to cover its operating expenses with its revenue. Each year, the deficit adds to the overall debt burden, which has increased from $2.08M in 2015 to $9.19M in 2023.
How does Vna Home Health Services Inc plan to address its financial deficits?
The provided IRS 990 data does not detail specific plans to address the financial deficits. However, the consistent operational losses indicate a need for a strategic financial turnaround plan to ensure long-term viability.
What is the organization's net asset position?
Vna Home Health Services Inc has a negative net asset position, as its liabilities ($9,196,535 in 2023) significantly outweigh its assets ($1,189,461 in 2023). This indicates a substantial financial imbalance.
Filing History
IRS 990 filing history for Vna Home Health Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vna Home Health Services Inc's revenue has declined by 29.4%, moving from $4.4M to $3.1M. Total assets decreased by 26.8% over the same period, from $1.6M to $1.2M. Total functional expenses fell by 7.9%, from $4.6M to $4.2M. In its most recent filing year (2023), Vna Home Health Services Inc reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $9.2M in liabilities against $1.2M in assets (debt-to-asset ratio: 773.2%), resulting in net assets of $-8,007,074.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $4.2M | $1.2M | $9.2M | — | — |
| 2022 | $3.5M | $4.4M | $1.4M | $8.3M | — | View 990 |
| 2021 | $3.5M | $4.4M | $1.3M | $7.3M | — | View 990 |
| 2020 | $4.1M | $4.7M | $1.4M | $6.4M | — | View 990 |
| 2019 | $3.8M | $5.2M | $1.6M | $6.1M | — | View 990 |
| 2018 | $4.0M | $4.7M | $5.2M | $8.2M | — | View 990 |
| 2017 | $4.0M | $4.8M | $2.0M | $4.2M | — | View 990 |
| 2016 | $4.5M | $4.9M | $756K | $2.3M | — | View 990 |
| 2015 | $4.6M | $4.8M | $983K | $2.1M | — | View 990 |
| 2014 | $4.8M | $5.0M | $1.6M | $2.4M | — | View 990 |
| 2013 | $4.6M | $4.8M | $1.6M | $2.2M | — | View 990 |
| 2012 | $4.5M | $4.8M | $1.6M | $2.0M | — | View 990 |
| 2011 | $4.4M | $4.6M | $1.6M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $4.2M, and assets of $1.2M (revenue -9.4% year-over-year).
- 2022: Revenue of $3.5M, expenses of $4.4M, and assets of $1.4M (revenue +0.3% year-over-year).
- 2021: Revenue of $3.5M, expenses of $4.4M, and assets of $1.3M (revenue -15.5% year-over-year).
- 2020: Revenue of $4.1M, expenses of $4.7M, and assets of $1.4M (revenue +7.8% year-over-year).
- 2019: Revenue of $3.8M, expenses of $5.2M, and assets of $1.6M (revenue -4.6% year-over-year).
- 2018: Revenue of $4.0M, expenses of $4.7M, and assets of $5.2M (revenue -1.2% year-over-year).
- 2017: Revenue of $4.0M, expenses of $4.8M, and assets of $2.0M (revenue -10.6% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.9M, and assets of $756K (revenue -1.8% year-over-year).
- 2015: Revenue of $4.6M, expenses of $4.8M, and assets of $983K (revenue -3.9% year-over-year).
- 2014: Revenue of $4.8M, expenses of $5.0M, and assets of $1.6M (revenue +3.1% year-over-year).
- 2013: Revenue of $4.6M, expenses of $4.8M, and assets of $1.6M (revenue +2.5% year-over-year).
- 2012: Revenue of $4.5M, expenses of $4.8M, and assets of $1.6M (revenue +1.5% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.6M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vna Home Health Services Inc:
Data Sources and Methodology
This transparency report for Vna Home Health 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.