HOSPICE OF MIDLAND ENDOWMENT INC

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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

2000

Legal Domicile

Principal Officer

ROBERT TODD LINCOLN

Phone

4326860841

Tax Period

2024-05-01 to 2025-04-30

HOSPICE OF MIDLAND ENDOWMENT INC, founded in 2000, is a community nonprofit in the Human Services sector that reported $4.6M in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3.5M, a strong 75% operating margin.

Mission

OPERATE EXCLUSIVELY FOR THE BENEFIT OF HOSPICE OF MIDLAND, INC - A NONPROFIT ORGANIZATION TO MANAGE THEIR INVESTMENTS, AND TO ASSIST IN PROVIDING FUNDING TO TERMINALLY ILL PATIENTS.

Program Service Accomplishments

Program 1

Expenses: $901,257

HOSPICE OF ENDOWMENT INC WAS CREATED FOR THE BENEFIT OF HOSPICE OF MIDLAND INC (EIN 75-1736007) FOR THE PURPOSE OF MANAGING AND INVESTING HOSPICE OF MIDLAND INC'S FINANCIAL ASSETS, AND FOR THE...

HOSPICE OF ENDOWMENT INC WAS CREATED FOR THE BENEFIT OF HOSPICE OF MIDLAND INC (EIN 75-1736007) FOR THE PURPOSE OF MANAGING AND INVESTING HOSPICE OF MIDLAND INC'S FINANCIAL ASSETS, AND FOR THE DEVELOPMENT AND OPERATION OF AN ENDOWMENT FUND. HOSPICE OF MIDLAND INC IS A TAX-EXEMPT ORGANIZATION UNDER 501(C)(3) WHICH WAS ESTABLISHED TO CARE FOR TERMINALLY ILL PATIENTS.

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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 $2,781,178

Program Service Revenue $0

Investment Income $1,132,784

Other Revenue $698,733

TOTAL REVENUE $4,612,695

Expense Breakdown

Grants Paid $854,283

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $901,257

Other Expenses $281,196

TOTAL EXPENSES $1,135,479

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,612,695	$7,293,952	-0.4%
Expenses	$1,135,479	$930,245	+0.2%
Net Income	$3,477,216	$6,363,707	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARION BRYANT	PRESIDENT	0.34	Officer Director	$0	$0	$0
STUART SMITH	VICE PRESIDE	0.91	Officer Director	$0	$0	$0
ROBERT TODD LINCOLN	SECRETARY	0.15	Officer Director	$0	$0	$0
BOBLETA CLEERE	TREASURER	0.34	Officer Director	$0	$0	$0
MICHELLE CORRALES	DIRECTOR	0.07	Director	$0	$0	$0
MEAGAN HAYGOOD	DIRECTOR	0.28	Director	$0	$0	$0
MAURICE LOPEZ	DIRECTOR	0.15	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
2025	$4,612,695	$1,135,479	$30,868,039	$3,477,216
2024	$7,293,952	$930,245	$26,842,233	$6,363,707
2023	$3,156,256	$824,458	$24,637,247	$2,331,798
2022	$2,845,928	$655,708	$22,914,843	$2,190,220
2021	$1,300,728	$388,343	$22,002,986	$912,385
2020	$951,960	$485,707	$17,383,625	$466,253
2019	$2,024,720	$440,794	$18,743,477	$1,583,926