HOSPICE OF MARTHA'S VINEYARD INC DBA HOSPICE AND PALLIATIVE CARE OF MARTHA'S (EIN 042770996) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

CATHY WOZNIAK

Phone

5086930189

Tax Period

2023-01-01 to 2023-12-31

HOSPICE OF MARTHA'S VINEYARD INC DBA HOSPICE AND PALLIATIVE CARE OF MARTHA'S, founded in 1982, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $2.2M exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDING HOSPICE CARE SERVICES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $713,868

Program Service Revenue $1,059,579

Investment Income $202,596

Other Revenue $12,041

TOTAL REVENUE $1,988,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,636,715

Fundraising Expenses $245,890

Program Expenses $1,356,121

Other Expenses $599,608

TOTAL EXPENSES $2,236,323

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,988,084	$1,486,067	+0.3%
Expenses	$2,236,323	$1,960,391	+0.1%
Net Income	$-248,239	$-474,324	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$187,482

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALFRED WOOLLACOTT III	TREASURER	2.00	Officer Director	$0	$0	$0
SHARON ECKHARDT	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHAEL WERTHEIMER	DIRECTOR	2.00	Director	$0	$0	$0
JIM BUTTERICK	CLERK	2.00	Officer Director	$0	$0	$0
CAROLYN COVERDALE	DIRECTOR	1.00	Director	$0	$0	$0
DONALD SCHUMACHER	DIRECTOR	1.00	Director	$0	$0	$0
RISE TERNEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DEBBIE PHILIPS	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS SARNO	DIRECTOR	1.00	Director	$0	$0	$0
PHYLLIS SEGAL	DIRECTOR	1.00	Director	$0	$0	$0
DIANNE NICHOLLS	DIRECTOR	1.00	Director	$0	$0	$0
JANICE CASEY	DIRECTOR	1.00	Director	$0	$0	$0
CURTIS CETRULO SR	DIRECTOR	1.00	Director	$0	$0	$0
CATHY WOZNIAK	EXECUTIVE DIRECTOR	40.00	Officer	$187,440	$42	$187,482
MEGHAN L CABRAL	NURSE	40.00	Highest	$102,360	$0	$102,360
SHERI LAMOREAUX	DIR. OF DEVELOPMENT	40.00	Highest	$111,792	$11,271	$123,063
CHANTALE PATTERSON	CLINICAL DIRECTOR	40.00	Highest	$124,178	$16,851	$141,029

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	$1,988,084	$2,236,323	$5,606,693	$-248,239
2022	$1,486,067	$1,960,391	$5,036,544	$-474,324
2021	$1,115,609	$1,488,354	$7,536,740	$-372,745
2020	$211,898	$926,152	$6,854,246	$-714,254
2019	$916,659	$815,423	$6,436,447	$101,236
2018	$949,547	$710,278	$5,995,478	$239,269

HOSPICE OF MARTHA'S VINEYARD INC DBA HOSPICE AND PALLIATIVE CARE OF MARTHA'S