HOSPICE AND HOMECARE FOUNDATION (EIN 232306936) - 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

1984

Legal Domicile

Principal Officer

Richard M Jacovini President

Phone

4845801405

Tax Period

2018-07-01 to 2019-06-30

HOSPICE AND HOMECARE FOUNDATION, founded in 1984, is a micro nonprofit that reported $44K in total revenue in fiscal year 2018. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $100K exceeded revenue, resulting in a 127% operating deficit.

Mission

AT 11:59 PM ON JUNE 30, 2019, MAIN LINE HEALTH HOMECARE AND HOSPICE FOUNDATION MERGED INTO MAIN LINE HEALTH HOMECARE AND HOSPICE.

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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 (2018)

Revenue Breakdown

Contributions & Grants $38,531

Program Service Revenue $0

Investment Income $5,545

Other Revenue $0

TOTAL REVENUE $44,076

Expense Breakdown

Grants Paid $35,325

Salaries & Benefits $0

Fundraising Expenses $19,533

Program Expenses $35,325

Other Expenses $64,533

TOTAL EXPENSES $99,858

Year-over-Year Comparison

	2018	2017	Change
Revenue	$44,076	$242,946	-0.8%
Expenses	$99,858	$231,801	-0.6%
Net Income	$-55,782	$11,145	-6.0%

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

N/A

Employees

N/A

Volunteers

N/A

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

$4,363,538

Total Directors

$4,302,489

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JOHN J LYNCH III	CHAIRMAN/EX-OFFICIO TRUSTEE	Officer Director	$0	$634,413	$2,287,509
MICHAEL J BUONGIORNO	TREASURER/TRUSTEE	Officer Director	$0	$160,755	$1,041,364
RICHARD JACOVINI	PRESIDENT/EX-OFFICIO TRUSTEE	Officer Director	$0	$31,529	$302,388
DONNA PHILLIPS	TRUSTEE	Director	$0	$167,435	$671,228
BRIAN T CORBETT ESQ	SECRETARY	Officer	$0	$160,393	$732,277

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
2019	$44,076	$99,858	No data	$-55,782
2018	$242,946	$231,801	$675,952	$11,145

HOSPICE AND HOMECARE FOUNDATION