Wesley Health Care Center Inc
Wesley Health Care Center: Stable Operations Amidst Financial Fluctuations
EIN: 222467092 · Saratoga Spgs, NY · NTEE: E910 · Updated: 2026-04-04
About Wesley Health Care Center Inc
Wesley Health Care Center Inc (EIN: 222467092) is a nonprofit organization based in Saratoga Spgs, NY, classified under NTEE code E910. The organization reported total revenue of $40.0M and total assets of $19.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wesley Health Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wesley Health Care Center 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, Wesley Health Care Center 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.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely refers to compensation to independent contractors, not executive salaries.
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 Wesley Health Care Center Inc's IRS 990 filings:
- Total expenses exceeded total revenue in multiple years (e.g., 2023: $39.6M expenses vs. $36.3M revenue; 2022: $36.5M expenses vs. $30.4M revenue), indicating operational deficits.
- The organization's assets have decreased from $29.9M in 2021 to $24.0M in 2023, suggesting a decline in financial reserves.
Strengths
The following positive indicators were identified for Wesley Health Care Center Inc:
- Maintained significant assets, consistently above $24M, providing a strong financial base.
- Demonstrated resilience in revenue generation, with figures consistently in the $30M-$40M range over eight years.
- Low reported compensation to independent contractors (0%) suggests efficient internal operations or reliance on volunteers.
Frequently Asked Questions about Wesley Health Care Center Inc
What does Wesley Health Care Center Inc do?
Wesley Health Care Center Inc is a nonprofit organization in the Health Care sector, located in Saratoga Spgs, New York. It is classified under NTEE code E910.
How much revenue does Wesley Health Care Center Inc have?
Wesley Health Care Center Inc reported total revenue of $40,042,707. Based on 13 IRS 990 filings on record.
What are Wesley Health Care Center Inc's total assets?
Wesley Health Care Center Inc holds total assets of $19,539,117 as reported in IRS 990 filings.
Where is Wesley Health Care Center Inc located?
Wesley Health Care Center Inc is based in Saratoga Spgs, New York.
What is Wesley Health Care Center Inc's EIN?
Wesley Health Care Center Inc's Employer Identification Number (EIN) is 222467092. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wesley Health Care Center Inc?
Wesley Health Care Center Inc is classified under NTEE code E910 (Health Care).
Is Wesley Health Care Center Inc a registered 501(c)(3)?
Yes, Wesley Health Care Center Inc is recognized as a tax-exempt organization by the IRS. EIN: 222467092.
Does Wesley Health Care Center Inc file IRS Form 990?
Yes, Wesley Health Care Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Wesley Health Care Center Inc's revenue in 2023?
In the 202312 filing period, Wesley Health Care Center Inc reported total revenue of $36,324,141, total expenses of $39,656,134, and net assets of $24,034,461.
Is Wesley Health Care Center Inc's revenue growing or declining?
Wesley Health Care Center Inc's revenue is growing. Revenue went from $30,464,328 (202212) to $36,324,141 (202312), a +19.2% change. Based on 13 filings on record.
What is Wesley Health Care Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Wesley Health Care Center Inc covers tax period 202312. It shows revenue of $36,324,141, expenses of $39,656,134, total assets of $24,034,461, and liabilities of $17,391,011.
How much does Wesley Health Care Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Wesley Health Care Center Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Wesley Health Care Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Wesley Health Care Center Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Wesley Health Care Center Inc?
The following concerns were identified: Total expenses exceeded total revenue in multiple years (e.g., 2023: $39.6M expenses vs. $36.3M revenue; 2022: $36.5M expenses vs. $30.4M revenue), indicating operational deficits.. The organization's assets have decreased from $29.9M in 2021 to $24.0M in 2023, suggesting a decline in financial reserves.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wesley Health Care Center Inc's strengths?
Positive indicators for Wesley Health Care Center Inc include: Maintained significant assets, consistently above $24M, providing a strong financial base.. Demonstrated resilience in revenue generation, with figures consistently in the $30M-$40M range over eight years.. Low reported compensation to independent contractors (0%) suggests efficient internal operations or reliance on volunteers.. These findings are derived from AI analysis of the organization's financial filings.
How does Wesley Health Care Center Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely refers to compensation to independent contractors, not executive salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent operational deficits in recent years (e.g., $3.3M in 2023 and $6.1M in 2022), what strategies are in place to ensure long-term financial sustainability?
The provided data does not detail specific strategies, but the consistent asset base and revenue generation suggest potential reliance on reserves or other non-operating income sources to cover these deficits.
How does the organization manage its liabilities, which have remained relatively stable between $12M and $18M despite fluctuating revenues and expenses?
The stability of liabilities suggests a structured approach to debt management, possibly through long-term financing or consistent repayment schedules, independent of annual operational fluctuations.
Filing History
IRS 990 filing history for Wesley Health Care Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wesley Health Care Center Inc's revenue has grown by 7%, moving from $33.9M to $36.3M. Total assets decreased by 12.1% over the same period, from $27.3M to $24.0M. Total functional expenses rose by 19.4%, from $33.2M to $39.7M. In its most recent filing year (2023), Wesley Health Care Center Inc reported a deficit of $3.3M, with expenses exceeding revenue. The organization holds $17.4M in liabilities against $24.0M in assets (debt-to-asset ratio: 72.4%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $36.3M | $39.7M | $24.0M | $17.4M | — | — |
| 2022 | $30.5M | $36.5M | $27.5M | $18.1M | — | — |
| 2021 | $38.0M | $39.0M | $30.0M | $13.0M | — | View 990 |
| 2020 | $39.7M | $39.1M | $29.3M | $12.1M | — | View 990 |
| 2019 | $38.0M | $38.6M | $28.7M | $12.9M | — | View 990 |
| 2018 | $39.5M | $37.2M | $29.4M | $13.4M | — | View 990 |
| 2017 | $36.4M | $37.2M | $26.6M | $12.7M | — | View 990 |
| 2016 | $35.0M | $36.2M | $28.1M | $13.5M | — | View 990 |
| 2015 | $34.8M | $35.4M | $23.9M | $8.4M | — | View 990 |
| 2014 | $35.3M | $34.8M | $21.6M | $5.2M | — | View 990 |
| 2013 | $34.2M | $33.5M | $20.7M | $5.1M | — | View 990 |
| 2012 | $32.9M | $33.3M | $20.2M | $5.3M | — | View 990 |
| 2011 | $33.9M | $33.2M | $27.3M | $12.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36.3M, expenses of $39.7M, and assets of $24.0M (revenue +19.2% year-over-year).
- 2022: Revenue of $30.5M, expenses of $36.5M, and assets of $27.5M (revenue -19.7% year-over-year).
- 2021: Revenue of $38.0M, expenses of $39.0M, and assets of $30.0M (revenue -4.4% year-over-year).
- 2020: Revenue of $39.7M, expenses of $39.1M, and assets of $29.3M (revenue +4.4% year-over-year).
- 2019: Revenue of $38.0M, expenses of $38.6M, and assets of $28.7M (revenue -3.7% year-over-year).
- 2018: Revenue of $39.5M, expenses of $37.2M, and assets of $29.4M (revenue +8.5% year-over-year).
- 2017: Revenue of $36.4M, expenses of $37.2M, and assets of $26.6M (revenue +4.2% year-over-year).
- 2016: Revenue of $35.0M, expenses of $36.2M, and assets of $28.1M (revenue +0.5% year-over-year).
- 2015: Revenue of $34.8M, expenses of $35.4M, and assets of $23.9M (revenue -1.5% year-over-year).
- 2014: Revenue of $35.3M, expenses of $34.8M, and assets of $21.6M (revenue +3.2% year-over-year).
- 2013: Revenue of $34.2M, expenses of $33.5M, and assets of $20.7M (revenue +4.1% year-over-year).
- 2012: Revenue of $32.9M, expenses of $33.3M, and assets of $20.2M (revenue -3.1% year-over-year).
- 2011: Revenue of $33.9M, expenses of $33.2M, and assets of $27.3M.
Data Sources and Methodology
This transparency report for Wesley Health Care Center 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.