HOSPICE SERVICES AT METHODIST ELDERCARE

EIN: 271188840 501(c)(3) Human Services

COLUMBUS, OH

Total Revenue
$2,906,773
Total Expenses
$2,496,985
Total Assets
$5,433,873
Net Assets
$5,040,118
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
OH
Principal Officer
SCOTT MCQUINN
Phone
6144512151
Tax Period
2023-01-01 to 2023-12-31

HOSPICE SERVICES AT METHODIST ELDERCARE, founded in 2012, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 104% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 14% surplus.

Mission

THE PURPOSE OF WESLEY HOSPICE IS TO PROVIDE SERVICES FOR THE NEEDS OF TERMINALLY ILL RESIDENTS AND THEIR FAMILIES, KEEPING WITH THE PRINCIPLES ESTABLISHED BY THE UNITED METHODIST CHURCH TO PROVIDE ACCOMMODATIONS DESIGNED TO MEET THEIR PHYSICAL, SPIRITUAL, VOCATIONAL, SOCIAL, EMOTIONAL AND INTELLECTUAL NEEDS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $71,423
Program Service Revenue $2,835,350
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,906,773

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,502,410
Fundraising Expenses $0
Program Expenses $2,068,210
Other Expenses $994,575
TOTAL EXPENSES $2,496,985

Year-over-Year Comparison

2023 2022 Change
Revenue $2,906,773 $1,425,806 +1.0%
Expenses $2,496,985 $1,409,832 +0.8%
Net Income $409,788 $15,974 +24.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
8
Employees
N/A
Volunteers
32

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
$2,486,521
Total Directors
10
$1,777,450
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT MCQUINN CEO/ PRESIDENT 1.00
Officer Director
$0 $414,381 $1,028,545
JAMES BOWERSOX COO/ SECRETARY 1.00
Officer Director
$0 $301,144 $748,905
SCOTT BEEKEN TRUSTEE 1.00
Director
$0 $0 $0
LARRY BRUESHABER TRUSTEE 1.00
Director
$0 $0 $0
CELIA CONLON TRUSTEE 1.00
Director
$0 $0 $0
LANCE DEBENEDICTIS TRUSTEE 1.00
Director
$0 $0 $0
TOM KAHLE TRUSTEE 1.00
Director
$0 $0 $0
MARK PALMER TRUSTEE 1.00
Director
$0 $0 $0
PHIL PRESENT TRUSTEE 1.00
Director
$0 $0 $0
MARY ANN SHORT TRUSTEE 1.00
Director
$0 $0 $0
KEVIN MCDONNELL CFO/ TREASURER 1.00
Officer
$0 $185,604 $460,963
LA'TASHA GOODWIN EXECUTIVE DIRECTOR 40.00
Officer
$0 $75,126 $248,108
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 $2,906,773 $2,496,985 $5,433,873 $409,788
2022 $1,425,806 $1,409,832 $5,087,478 $15,974
2021 $2,466,923 $2,088,759 $990,015 $378,164
2020 $2,712,761 $1,884,089 $461,536 $828,672
2019 $2,738,501 $2,091,296 $1,048,120 $647,205
2018 $2,200,309 $1,871,411 $710,688 $328,898
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