HospiceCare in the Berkshires Inc (EIN 043084466) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

William C Jones Jr

Phone

4134472996

Tax Period

2023-01-01 to 2023-12-31

HospiceCare in the Berkshires Inc, founded in 1990, is a mid-sized nonprofit in the Human Services sector that reported $13.1M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $11.8M left a modest 10% surplus.

Mission

Organized to provide hospice and palliative care services to residents of the local Berkshire County community.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $631,465

Program Service Revenue $11,229,325

Investment Income $1,075,890

Other Revenue $156,089

TOTAL REVENUE $13,092,769

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,972,554

Fundraising Expenses $90,245

Program Expenses $9,415,257

Other Expenses $5,802,158

TOTAL EXPENSES $11,774,712

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,092,769	$9,635,101	+0.4%
Expenses	$11,774,712	$9,672,361	+0.2%
Net Income	$1,318,057	$-37,260	-36.4%

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

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

$802,812

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William C Jones Jr	President & CEO	2.87	Officer	$0	$80,787	$802,812
Kyneret Albert	Medical Director	40.00		$262,192	$9,613	$271,805
Michele Clayborne	Executive Director	40.00		$160,718	$196	$160,914
Sherry Schoonmaker	Dir of Clinical Sv	40.00		$140,654	$9,685	$150,339
Kailey Pero	Asst Clincl Superv	45.00		$137,302	$9,812	$147,114
Von Deneb H Vitto	Nurse Practitioner	40.00		$134,960	$9,206	$144,166
Marice Gingras	Clerk	0.00	Officer	$0	$0	$0

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	$13,092,769	$11,774,712	$18,103,552	$1,318,057
2022	$9,635,101	$9,672,361	$16,080,084	$-37,260
2021	$10,823,109	$9,998,223	$16,662,591	$824,886
2020	$10,142,513	$9,905,620	$15,685,157	$236,893
2019	$12,295,786	$10,915,917	$14,321,666	$1,379,869
2018	$11,334,788	$9,657,667	$12,409,258	$1,677,121

HospiceCare in the Berkshires Inc