HOPEHEALTH VISITING NURSE (EIN 050259111) - 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

1908

Legal Domicile

Principal Officer

DIANA FRANCHITTO

Phone

4017695670

Tax Period

2023-10-01 to 2023-12-06

HOPEHEALTH VISITING NURSE, founded in 1908, is a small nonprofit that reported $249K in total revenue in fiscal year 2023. Revenue fell 99% from the prior year — a significant decline worth monitoring.

Mission

PART OF THE HOPEHEALTH FAMILY OF SERVICES, HOPEHEALTH VISITING NURSE HAS BEEN MAKING A (SEE SCH. O) DIFFERENCE IN THE LIVES OF PATIENTS AND FAMILIES SINCE 1908. THROUGH INNOVATIVE PROGRAMS AND SERVICES, WE PROVIDE THE BEST POSSIBLE CARE TO THE COMMUNITIES WE SERVE.

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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 $0

Program Service Revenue $0

Investment Income $18

Other Revenue $249,330

TOTAL REVENUE $249,348

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $260,556

Other Expenses $260,556

TOTAL EXPENSES $260,556

Year-over-Year Comparison

	2023	2022	Change
Revenue	$249,348	$17,931,230	-1.0%
Expenses	$260,556	$10,705,882	-1.0%
Net Income	$-11,208	$7,225,348	-1.0%

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

N/A

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

$864,346

Total Directors

$518,909

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH ARNOLD	DIRECTOR	0.12	Director	$0	$0	$0
GEORGE BABCOCK	DIRECTOR	0.06	Director	$0	$0	$0
CARIE BAILEY	DIRECTOR	0.12	Director	$0	$0	$0
JEFFREY BRADLEY	DIRECTOR	0.14	Director	$0	$0	$0
JANET COOPER NELSON REV	DIRECTOR	0.12	Director	$0	$0	$0
DEBORAH CORNWALL	DIRECTOR	0.14	Director	$0	$0	$0
BARBARA COTTAM	DIRECTOR (LEFT 12/2023)	0.03	Director	$0	$0	$0
KWAME DAPAAH-AFRIYIE	DIRECTOR	0.09	Director	$0	$0	$0
SUSAN DESANTO-MADEYA	DIRECTOR	0.14	Director	$0	$0	$0
MICHAEL DISANDRO	DIRECTOR	0.14	Director	$0	$0	$0
RUTH FAIN	DIRECTOR	0.14	Director	$0	$0	$0
PETER KARCZMAR MD	DIRECTOR	0.09	Director	$0	$0	$0
KEITH KELLY	CHAIR	0.09	Officer Director	$0	$0	$0
AUDREY KYDD	DIRECTOR	0.14	Director	$0	$0	$0
MAYER LEVITT	DIRECTOR	0.12	Director	$0	$0	$0
CHRISTOPHER MARSELLA	DIRECTOR	0.09	Director	$0	$0	$0
THERESA MOORE	DIRECTOR	0.12	Director	$0	$0	$0
VINCENT MOR	VICE CHAIR	0.14	Officer Director	$0	$0	$0
MICHAEL MURPHY	DIRECTOR (LEFT 12/2023)	0.06	Director	$0	$0	$0
MARCIA NEIBERG	DIRECTOR (START 12/2023)	0.12	Director	$0	$0	$0
ARTHUR ROBBINS	DIRECTOR (LEFT 2/2024)	0.09	Director	$0	$0	$0
FRED SCHIFFMAN MD	DIRECTOR (LEFT 12/2023)	0.06	Director	$0	$0	$0
STEPHEN SOSCIA	TREASURER	0.12	Officer Director	$0	$0	$0
PAUL STAJDUHAR	DIRECTOR	0.14	Director	$0	$0	$0
MARK TRACY	SECRETARY	0.14	Officer Director	$0	$0	$0
MARK YOUNG	DIRECTOR	0.12	Director	$0	$0	$0
DIANA FRANCHITTO	PRESIDENT & CEO	0.00	Officer Director	$0	$30,174	$518,909
ADOZINDA KANE	CFO (UNTIL 6/2024)	0.00	Officer	$0	$35,047	$345,437

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
2023	$249,348	$260,556	No data	$-11,208
2023	$17,931,230	$10,705,882	$1,439,722	$7,225,348
2022	$7,979,541	$11,260,706	$3,735,850	$-3,281,165
2021	$11,570,262	$11,951,145	$3,773,721	$-380,883
2020	$11,122,744	$11,946,504	$3,161,606	$-823,760
2019	$12,146,818	$12,543,589	$2,555,278	$-396,771
2018	$12,920,901	$13,114,704	$3,284,629	$-193,803

HOPEHEALTH VISITING NURSE