THE LOVING CARE HOSPICE INC (EIN 311370625) - 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

1993

Legal Domicile

Principal Officer

RENEE SPARKS

Phone

9372569507

Tax Period

2024-01-01 to 2024-12-31

THE LOVING CARE HOSPICE INC, founded in 1993, is a small nonprofit in the Health Care sector that reported $315K in total revenue in fiscal year 2024. Revenue fell 82% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $289K, a strong 92% operating margin.

Mission

THE MISSION OF HOSPICE IS TO PROVIDE MEDICAL CARE, NURSING CARE, PAIN RELIEF, AND EMOTIONAL AND SPIRITUAL SUPPORT SERVICES TO TERMINALLY ILL PATIENTS AND THEIR FAMILIES.

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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 $0

Program Service Revenue $25,679

Investment Income $289,423

Other Revenue $0

TOTAL REVENUE $315,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,085

Other Expenses $26,449

TOTAL EXPENSES $26,449

Year-over-Year Comparison

	2024	2023	Change
Revenue	$315,102	$1,790,289	-0.8%
Expenses	$26,449	$1,813,387	-1.0%
Net Income	$288,653	$-23,098	-13.5%

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

N/A

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

$1,401,248

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETE HALEY	CHAIR	2.00	Officer Director	$0	$0	$0
GARY LEROY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
GENE THORN	TREASURER	2.00	Officer Director	$0	$0	$0
TONI SPRINKEL	SECRETARY	2.00	Officer Director	$0	$0	$0
CHARLES BANE MD	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID REYNOLDS MD	BOARD MEMBER	2.00	Director	$0	$0	$0
DOUG HELMAN - PART YEAR	BOARD MEMBER	2.00	Director	$0	$0	$0
KEVIN BLACK	BOARD MEMBER	2.00	Director	$0	$0	$0
KEVIN HARLAN	BOARD MEMBER	2.00	Director	$0	$0	$0
KIMBERLY MORRISON	BOARD MEMBER	2.00	Director	$0	$0	$0
MARY JUSTICE	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL BOLAND	BOARD MEMBER	2.00	Director	$0	$0	$0
PAM GERBER	BOARD MEMBER	2.00	Director	$0	$0	$0
THOMAS MANN	BOARD MEMBER	2.00	Director	$0	$0	$0
KENT ANDERSON	CHIEF EXECUTIVE OFFICER	2.00	Officer	$0	$59,881	$660,534
ROBERT MORRIS	CHIEF FINANCIAL OFFICER	2.00	Officer	$0	$53,196	$437,129
RENEE SPARKS	EXECUTIVE DIRECTOR-HOCO/LOV	20.00	Officer	$0	$54,927	$303,585

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	$315,102	$26,449	$609,993	$288,653
2023	$1,790,289	$1,813,387	$705,695	$-23,098
2022	$3,394,459	$3,201,003	$1,450,633	$193,456
2021	$4,355,627	$4,391,515	$1,577,586	$-35,888
2020	$3,655,780	$4,118,168	$1,523,305	$-462,388
2019	$3,308,236	$4,032,213	$999,051	$-723,977
2018	$3,043,119	$3,243,871	$1,735,336	$-200,752

THE LOVING CARE HOSPICE INC