IHC HOSPICE INC (EIN 200063696) - 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

2003

Legal Domicile

Principal Officer

ELLEN BOLCH

Phone

9126292727

Tax Period

2022-01-01 to 2022-12-31

IHC HOSPICE INC, founded in 2003, is a small nonprofit in the Human Services sector that reported $411K in total revenue in fiscal year 2022. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $493K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE ORGANIZATION PROVIDES HOSPICE CARE ON AN OUTPATIENT AND IN-HOME BASIS FOR TERMINALLY ILL INDIVIDUALS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $411,299

Investment Income $0

Other Revenue $0

TOTAL REVENUE $411,299

Expense Breakdown

Grants Paid $0

Salaries & Benefits $284,023

Fundraising Expenses $0

Program Expenses $493,298

Other Expenses $209,306

TOTAL EXPENSES $493,329

Year-over-Year Comparison

	2022	2021	Change
Revenue	$411,299	$591,258	-0.3%
Expenses	$493,329	$548,841	-0.1%
Net Income	$-82,030	$42,417	-2.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELLEN BOLCH	President & CEO	1.00	Officer Director	$0	$0	$0
HEIDI TWOGUNS	Treasurer	1.00	Officer Director	$0	$0	$0
DR TOM LENNS	Director	1.00	Director	$0	$0	$0
IRA RUBY	DIRECTOR	1.00	Director	$0	$0	$0
CORA BETT THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
ROGER MOSS	DIRECTOR	1.00	Director	$0	$0	$0
DR JULES VICTOR	DIRECTOR	1.00	Director	$0	$0	$0
DR MICHAEL HUGHES	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY BALLARD-WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
MARY MORRISON	DIRECTOR	1.00	Director	$0	$0	$0
LAURA WIGGINS	Director	1.00	Director	$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	No data	No data	No data	No data
2022	$411,299	$493,329	$340,258	$-82,030
2021	$591,258	$548,841	$346,161	$42,417
2020	$697,788	$1,286,065	$347,529	$-588,277
2019	$741,756	$726,080	$749,204	$15,676
2018	$1,215,221	$1,404,591	$744,548	$-189,370

IHC HOSPICE INC