VISITING NURSE SERVICE AND HOSPICE OF SUFFOLK FOUNDATION INC

EIN: 471531013 501(c)(3) Health Care

NORTHPORT, NY

Total Revenue
$895,458
Total Expenses
$813,389
Total Assets
$16,383,177
Net Assets
$16,378,977
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
LINDA TAYLOR
Phone
6312617200
Tax Period
2023-01-01 to 2023-12-31

VISITING NURSE SERVICE AND HOSPICE OF SUFFOLK FOUNDATION INC, founded in 2014, is a small nonprofit in the Health Care sector that reported $895K in total revenue in fiscal year 2023. Revenue surged 350% from the prior year, signaling strong growth momentum. Expenses of $813K left a modest 9% surplus.

Mission

THE FOUNDATION OPERATES EXCLUSIVELY TO PROVIDE FUNDING FOR THE PROVISION OF NURSING 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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $415,415
Program Service Revenue $0
Investment Income $480,043
Other Revenue $0
TOTAL REVENUE $895,458

Expense Breakdown

Grants Paid $640,000
Salaries & Benefits $119,931
Fundraising Expenses $4,459
Program Expenses $640,000
Other Expenses $53,458
TOTAL EXPENSES $813,389

Year-over-Year Comparison

2023 2022 Change
Revenue $895,458 $199,041 +3.5%
Expenses $813,389 $77,490 +9.5%
Net Income $82,069 $121,551 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$542,455
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN J LYNCH MEMBER 1.00
Director
$0 $0 $0
ROBERT P COGLIATI FORMER TREASURER(ENDING APRIL) 1.00
Officer Director
$0 $0 $0
DAVID HARRIS MD MPH SECRETARY 1.00
Officer Director
$0 $0 $0
JAMES CAPUANO TREASURER(AS OF APRIL) 1.00
Officer Director
$0 $0 $0
DANIEL ROSSITER MEMBER 1.00
Director
$0 $0 $0
JOHN DEFALCO PRESIDENT 1.00
Officer Director
$0 $0 $0
GREGORY KENNEDY MEMBER 1.00
Director
$0 $0 $0
LINDA M TAYLOR CEO 2.00
Officer
$17,582 $15,216 $308,247
SCOTT WILLIAMS CFO 2.00
Officer
$22,854 $18,601 $234,208
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $895,458 $813,389 $16,383,177 $82,069
2022 $199,041 $77,490 $14,807,381 $121,551
2021 $191,470 $89,528 $17,221,345 $101,942
2020 $135,255 $113,139 $15,513,444 $22,116
2019 $530,827 $810,776 $14,367,494 $-279,949
2018 $710,613 $349,733 $12,576,090 $360,880
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