AROOSTOOK HOSPICE FOUNDATION (EIN 270301534) - 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

2009

Legal Domicile

Principal Officer

RICHARD M DUNCAN

Phone

2077692402

Tax Period

2024-01-01 to 2024-12-31

AROOSTOOK HOSPICE FOUNDATION, founded in 2009, is a small nonprofit in the Human Services sector that reported $774K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $319K, a strong 41% operating margin.

Mission

MAINTENANCE AND SUPPORT OF A 6 BED HOSPICE RESIDENTIAL FACILITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $453,291

Program Service Revenue $178,662

Investment Income $54,693

Other Revenue $87,573

TOTAL REVENUE $774,219

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,038

Fundraising Expenses $0

Program Expenses $342,590

Other Expenses $374,635

TOTAL EXPENSES $455,673

Year-over-Year Comparison

	2024	2023	Change
Revenue	$774,219	$578,071	+0.3%
Expenses	$455,673	$423,854	+0.1%
Net Income	$318,546	$154,217	+1.1%

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

$66,170

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABBEY CLAIR	EXECUTIVE DI	40.00	Officer	$66,170	$0	$66,170
LISE COLLINS	DIRECTOR	4.00	Director	$0	$0	$0
RICHARD CURRIER	CLERK	2.00	Officer Director	$0	$0	$0
NANCY DUNCAN	DIRECTOR	15.00	Director	$0	$0	$0
RICHARD M DUNCAN	CHAIRMAN	25.00	Officer Director	$0	$0	$0
NORMAN FOURNIER	DIRECTOR	3.00	Director	$0	$0	$0
RAY HEWS	DIRECTOR	4.00	Director	$0	$0	$0
SUZANNE HEWS	DIRECTOR	4.00	Director	$0	$0	$0
CAROL MACPHERSON	TREASURER/SE	3.00	Officer Director	$0	$0	$0
MICHAEL D MACPHERSON	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
SUSAN MCCRUM	DIRECTOR	2.00	Director	$0	$0	$0
TERRI OUELLETTE	DIRECTOR	2.00	Director	$0	$0	$0
GAIL PHAIR-KIRK	DIRECTOR	1.00	Director	$0	$0	$0
NANCY PUTNAM	DIRECTOR	1.00	Director	$0	$0	$0
TYLER STOLIKER	DIRECTOR	1.00	Director	$0	$0	$0
CALEB SWANBERG	DIRECTOR	1.00	Director	$0	$0	$0
MIKE THIBODEAU	DIRECTOR	4.00	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	$774,219	$455,673	$5,089,494	$318,546
2023	$578,071	$423,854	$5,247,234	$154,217
2022	$392,691	$292,529	$5,293,460	$100,162
2021	$500,802	$290,523	$4,298,814	$210,279
2020	$706,811	$292,313	$4,208,501	$414,498
2019	$290,833	$303,147	$3,964,948	$-12,314
2018	$406,363	$841,480	$3,942,581	$-435,117

AROOSTOOK HOSPICE FOUNDATION