Visiting Nurse Association of Somerset Hills Inc

Nonprofit profile at a glance

EIN
222888648
IRS 990 coverage
2010–2019
Forms available
Form 990 2019
Location
Basking Ridge, NJ, USA
Phone
9087660180
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Health Support Services

Official website

Reported finances

Revenue
$5,235,670
Expenses
$23,784,958
Assets
$6,955,740
Liabilities
$5,456,266

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • DAN POWELL (CEO)

Highest reported compensation

  • DAN POWELL (CEO): $625,910 total reported compensation
  • NICHOLAS K KOUYIALIS (VICE-PRES. F): $279,108 total reported compensation
  • JUDY A ADAMCSIK (VICE-PRES. O): $238,672 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide individual and families with comprehensive, high quality, cost effective home and community health care services, regardless of ability to pay, using partnerships where appropriate.

What it reported doing in 2019

Organization provides management function for affiliated not-for-profit organizations.

Operating model

Revenue model
Other-operating. 65% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 10
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 83.2%; rating input score 83
  • Fundraising efficiency: $3.92 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -354.3%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.78; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 5.9%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 60.2% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 5.7% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: -1.3% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 83.2% of spending went to programs
  • Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $19.8M in reported program spending
  • Leadership: top reported pay $626K · 27 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $684K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 10 filing years from 2010 to 2019
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Fundraising efficiency scored 14/100.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.