CENTER FOR HOPE HOSPICE INC (EIN 222444824) - 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

1983

Legal Domicile

Principal Officer

FRANK BRADY

Phone

9088897780

Tax Period

2023-03-01 to 2024-02-29

CENTER FOR HOPE HOSPICE INC, founded in 1983, is a mid-sized nonprofit in the Human Services sector that reported $14.1M in total revenue in fiscal year 2023. Expenses of $15.7M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE TERMINALLY ILL PATIENTS WITH THE NATURAL, HUMANE CARE KNOWN AS HOSPICE AND THEIR FAMILIES OR LOVED ONES WITH PHYSICAL, EMOTIONAL AND SPIRITUAL SUPPORT DURING THEIR TIME OF NEED.

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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 $1,581,806

Program Service Revenue $12,296,959

Investment Income $144,297

Other Revenue $95,175

TOTAL REVENUE $14,118,237

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,724,995

Fundraising Expenses $432,050

Program Expenses $13,301,026

Other Expenses $4,918,203

TOTAL EXPENSES $15,671,200

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,118,237	$13,476,617	+0.0%
Expenses	$15,671,200	$15,065,322	+0.0%
Net Income	$-1,552,963	$-1,588,705	0.0%

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

230

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

$567,952

Total Directors

$237,104

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK BRADY	PRESIDENT	40.00	Officer Director	$235,054	$2,050	$237,104
THOMAS N KASPER	CHAIR	1.00	Officer Director	$0	$0	$0
HELGA THOMAS	SECRETARY	0.50	Officer Director	$0	$0	$0
JOANN MINNICINO	VICE CHAIR OF DEVELOPMENT	1.00	Director	$0	$0	$0
JOSEPHINE FAVOR	AUXILIARY REPRESENTATIVE	0.50	Director	$0	$0	$0
JAMES A HUGHES	TRUSTEE	0.50	Director	$0	$0	$0
DR MARYANN HUHN-WERNER	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA HUNTER-YANKEVICZ	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM JACOBS	TRUSTEE	1.00	Director	$0	$0	$0
MARY MCTIGUE DNP	TRUSTEE	1.00	Director	$0	$0	$0
BRIGITA RUMPETERS	TRUSTEE	0.50	Director	$0	$0	$0
ALFRED SAUER ESQ	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS SHARKEY JR	TRUSTEE	0.50	Director	$0	$0	$0
JEFFREY LAMPL	EXE VICE PRESIDENT	40.00	Officer	$205,897	$632	$206,529
THERESA JONES	CONTROLLER	40.00	Officer	$116,876	$7,443	$124,319
MICHELE MORANDI	MEDICAL DIRECTOR	40.00	Highest	$129,304	$0	$129,304
KRISTEN KRZUS	DIR. OF NURSING	40.00	Highest	$118,324	$24,821	$143,145
HEIDI FACCHINI	DIRECTOR OF NURSING	40.00	Highest	$131,736	$164	$131,900
KIKELOMO AIYEGBO	RN	40.00	Highest	$124,961	$7,251	$132,212
ELIZABETH ANSONG	RN	40.00	Highest	$170,273	$7,252	$177,525

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
2025	No data	No data	No data	No data
2024	$14,118,237	$15,671,200	$13,559,713	$-1,552,963
2023	$13,476,617	$15,065,322	$15,356,135	$-1,588,705
2022	$14,396,877	$12,917,754	$16,795,441	$1,479,123
2021	$11,421,158	$11,406,010	$15,921,406	$15,148
2020	$11,492,721	$11,250,583	$14,873,304	$242,138
2019	$11,580,268	$11,491,707	$15,640,598	$88,561

CENTER FOR HOPE HOSPICE INC