EHealth CareEIN: 046406242· Ruling Year: 1977

South Cove Nursing Facilities Foundation Inc

Quincy, Massachusetts

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

💰
$355K
Total Revenue
📊
$130K
Total Expenses
🏦
$17.9M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-65.2%
Year-over-year change (2022 → 2023)
Net Margin
+63.5%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$354,56865%$129,54512%$17,931,87214%
2022$1,017,48832%$115,5715%$15,783,17114%
2021$1,487,301156%$109,69842%$18,268,13912%
2020$579,8789%$76,98234%$16,349,33011%
2019$532,94042%$115,98820%$14,763,2568%
2018$925,48988%$96,91129%$13,681,4521%
2017$493,38316%$75,20946%$13,522,2079%
2016$589,602241%$51,60516%$12,391,1634%
2015$172,75180%$44,60424%$11,878,631
2014$861,67227%$36,05534%$11,882,7978%
2013$680,86213%$54,71998%$11,034,7447%
2012$784,991106%$2,317,063114%$10,278,56814%
2011$381,118$1,083,435$11,988,594

Frequently Asked Questions

What does South Cove Nursing Facilities Foundation Inc do?

South Cove Nursing Facilities Foundation Inc is a health care nonprofit organization based in Massachusetts. It is classified under NTEE code E91 and is registered as a 501(c) tax-exempt organization with the IRS.

Is South Cove Nursing Facilities Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, South Cove Nursing Facilities Foundation Inc has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does South Cove Nursing Facilities Foundation Inc generate?

South Cove Nursing Facilities Foundation Inc reports $1.8M in annual revenue and holds $20.2M in total assets, based on IRS filings.

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