Visiting Nurse Service and Hospice of Suffolk Foundation Inc

Nonprofit profile at a glance

EIN
471531013
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
Northport, NY, USA
Phone
6312617200
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Home Health Care

Official website

Reported finances

Revenue
$693,190
Expenses
$1,034,331
Assets
$17,185,801
Liabilities
$98,747

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • DANIEL ROSSITER (VICE PRESIDENT AND DIRECTOR)
  • JOHN DEFALCO (PRESIDENT AND DIRECTOR)
  • LINDA M TAYLOR (CEO THRU 8/2024 AND DIRECTOR)
  • SILVIA COTA (CEO EFF. 6/2024)

Highest reported compensation

  • SCOTT WILLIAMS (CFO): $240,010 total reported compensation
  • LINDA M TAYLOR (CEO THRU 8/2024 AND DIRECTOR): $232,852 total reported compensation
  • SILVIA COTA (CEO EFF. 6/2024): $153,598 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation operates exclusively to provide support for the provision of nursing and therapy services and hospice care services by visiting nurse service and hospice of suffolk, inc. (hereinafter,"vnshs"), a not-for-profit organization that is a certified home health care and hospice agency, dedicated to providing individuals with high quality nursing, therapy, and hospice services in their places of residence and within an inpatient hospice facility.

What it reported doing in 2024

To support the programs of visiting nurse service and hospice of suffolk, inc.

Operating model

Revenue model
Investment-supported. 82% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% 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: 86
  • Transparency & Controls: 75
  • Accountability: 95
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 77.4%; rating input score 77
  • Fundraising efficiency: $12.35 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -49.2%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 16.62; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 8%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: 35.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: -49.7% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 77.4% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $801K in reported program spending
  • Leadership: top reported pay $240K · 10 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.