Yourcare Health Plan Inc
Yourcare Health Plan Inc. experiences dramatic revenue decline and consistent liabilities exceeding assets.
EIN: 161500379 · Pittsford, NY · NTEE: E21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $79.0M |
| Total Expenses | $1.5M |
| Program Spending | 80% |
| Net Assets | $-2,510,796 |
| Transparency Score | 55/100 |
Is Yourcare Health Plan Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Yourcare Health Plan Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Yourcare Health Plan Inc
Yourcare Health Plan Inc (EIN: 161500379) is a nonprofit organization based in Pittsford, NY, classified under NTEE code E21. The organization reported total revenue of $79.0M and total assets of $61.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yourcare Health Plan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yourcare Health Plan Inc is a major nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -28.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $64.4M |
| Total Liabilities | $66.9M |
| Net Assets | $-2,510,796 |
| Operating Margin | 47.6% |
| Debt-to-Asset Ratio | 103.9% |
| Months of Reserves | 532.5 months |
Financial Health Grade: A
In 2023, Yourcare Health Plan Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 532.5 months of operating reserves (strong position), has a debt-to-asset ratio of 103.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Yourcare Health Plan Inc's revenue has declined at a compound annual growth rate (CAGR) of -28.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | -65.8% | +4.2% |
| 2022 | +44.7% | +22.1% | -4.1% |
| 2021 | -98.9% | -97.7% | -11.0% |
| 2020 | -39.9% | -49.4% | +2.3% |
| 2019 | -2.1% | +2.6% | -8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
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 Yourcare Health Plan Inc with a Mission Score of 55 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, Yourcare Health Plan 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 surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 103.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size and revenue history, and suggests either volunteer leadership or compensation is reported under other expense categories.
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 Yourcare Health Plan Inc's IRS 990 filings:
- Dramatic and unexplained decline in revenue from $281M in 2019 to $2.7M in 2023.
- Consistent liabilities exceeding assets, indicating potential solvency issues (e.g., 2023: $66.9M liabilities vs. $64.4M assets).
- Significant year-over-year fluctuations in revenue and expenses, suggesting instability.
- Reporting 0% officer compensation across all filings, which is highly unusual for an organization of this size and history and may obscure true leadership costs.
Strengths
The following positive indicators were identified for Yourcare Health Plan Inc:
- Positive net income in the latest filing (2023: $2.7M revenue vs. $1.4M expenses).
- Consistent reporting of 0% officer compensation, indicating a potential commitment to minimizing executive pay or volunteer leadership.
Frequently Asked Questions about Yourcare Health Plan Inc
Is Yourcare Health Plan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Yourcare Health Plan Inc (EIN: 161500379) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does Yourcare Health Plan Inc spend its money?
Yourcare Health Plan Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Yourcare Health Plan Inc tax-deductible?
Yourcare Health Plan Inc is registered as a tax-exempt nonprofit (EIN: 161500379). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Yourcare Health Plan Inc's spending goes to programs?
Yourcare Health Plan Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Yourcare Health Plan Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Yourcare Health Plan Inc is near average for NTEE category E21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Yourcare Health Plan Inc located?
Yourcare Health Plan Inc is headquartered in Pittsford, New York and files with the IRS under EIN 161500379. It is classified under NTEE code E21.
How many years of IRS 990 filings does Yourcare Health Plan Inc have?
Yourcare Health Plan 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 $79.0M in total revenue.
Why has Yourcare Health Plan Inc.'s revenue decreased so dramatically from $281 million in 2019 to $2.7 million in 2023?
The IRS 990 filings show a precipitous drop in revenue, but do not provide a narrative explanation for this significant change. This could indicate a change in business model, a divestiture of operations, or a loss of major contracts.
How does Yourcare Health Plan Inc. manage to operate with 0% officer compensation reported across all filings?
The consistent reporting of 0% officer compensation is unusual for an organization of this scale. It suggests that leadership may be entirely volunteer-based, or that compensation for key personnel is categorized differently within the expense structure, which would require further investigation to understand.
What is the plan to address the consistent trend of liabilities exceeding assets, as seen in 2023 ($66,917,606 liabilities vs. $64,406,810 assets)?
The filings indicate a persistent state where liabilities often outweigh assets, which can signal financial instability. The organization's strategy for improving its balance sheet and ensuring long-term solvency is not detailed in the provided data.
Given the NTEE code E21 (Health Maintenance Organizations), how does the current revenue and expense structure align with providing health plan services?
The drastic reduction in revenue and expenses from hundreds of millions to a few million dollars suggests a significant shift in the scale or nature of health plan services provided, or potentially a change in the organization's primary activities.
Filing History
IRS 990 filing history for Yourcare Health Plan Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Yourcare Health Plan Inc's revenue has declined by 98.2%, moving from $150.7M to $2.8M. Total assets decreased by 10% over the same period, from $71.6M to $64.4M. Total functional expenses fell by 99%, from $146.3M to $1.5M. In its most recent filing year (2023), Yourcare Health Plan Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $66.9M in liabilities against $64.4M in assets (debt-to-asset ratio: 103.9%), resulting in net assets of $-2,510,796.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $1.5M | $64.4M | $66.9M | — | — |
| 2022 | $2.8M | $4.2M | $61.8M | $66.5M | — | — |
| 2021 | $1.9M | $3.5M | $64.4M | $66.4M | — | View 990 |
| 2020 | $168.9M | $151.3M | $72.4M | $72.7M | — | View 990 |
| 2019 | $281.2M | $299.2M | $70.8M | $88.6M | — | View 990 |
| 2018 | $287.3M | $291.6M | $77.2M | $76.1M | — | View 990 |
| 2017 | $292.3M | $313.8M | $73.4M | $67.4M | — | View 990 |
| 2016 | $278.2M | $290.1M | $82.9M | $56.3M | — | View 990 |
| 2015 | $260.4M | $255.7M | $89.0M | $50.5M | — | View 990 |
| 2014 | $226.8M | $223.9M | $69.3M | $35.4M | — | View 990 |
| 2013 | $206.6M | $205.1M | $58.3M | $27.4M | — | View 990 |
| 2012 | $196.3M | $191.9M | $77.5M | $47.4M | — | View 990 |
| 2011 | $150.7M | $146.3M | $71.6M | $49.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $1.5M, and assets of $64.4M (revenue -0.9% year-over-year).
- 2022: Revenue of $2.8M, expenses of $4.2M, and assets of $61.8M (revenue +44.7% year-over-year).
- 2021: Revenue of $1.9M, expenses of $3.5M, and assets of $64.4M (revenue -98.9% year-over-year).
- 2020: Revenue of $168.9M, expenses of $151.3M, and assets of $72.4M (revenue -39.9% year-over-year).
- 2019: Revenue of $281.2M, expenses of $299.2M, and assets of $70.8M (revenue -2.1% year-over-year).
- 2018: Revenue of $287.3M, expenses of $291.6M, and assets of $77.2M (revenue -1.7% year-over-year).
- 2017: Revenue of $292.3M, expenses of $313.8M, and assets of $73.4M (revenue +5.1% year-over-year).
- 2016: Revenue of $278.2M, expenses of $290.1M, and assets of $82.9M (revenue +6.8% year-over-year).
- 2015: Revenue of $260.4M, expenses of $255.7M, and assets of $89.0M (revenue +14.8% year-over-year).
- 2014: Revenue of $226.8M, expenses of $223.9M, and assets of $69.3M (revenue +9.8% year-over-year).
- 2013: Revenue of $206.6M, expenses of $205.1M, and assets of $58.3M (revenue +5.3% year-over-year).
- 2012: Revenue of $196.3M, expenses of $191.9M, and assets of $77.5M (revenue +30.2% year-over-year).
- 2011: Revenue of $150.7M, expenses of $146.3M, and assets of $71.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yourcare Health Plan Inc:
Data Sources and Methodology
This transparency report for Yourcare Health Plan 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.