HOSPICE COTTAGE INC (EIN 311806490) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

DAVE SERRANO

Phone

5073722131

Tax Period

2024-01-01 to 2024-12-31

HOSPICE COTTAGE INC, founded in 2001, is a small nonprofit in the Health Care sector that reported $217K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $123K, a strong 57% operating margin.

Mission

PROVIDING & MAINTAINING A HOSPICE COTTAGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $119,456

Program Service Revenue $5,000

Investment Income $46,619

Other Revenue $46,142

TOTAL REVENUE $217,217

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,384

Program Expenses $70,197

Other Expenses $93,863

TOTAL EXPENSES $93,863

Year-over-Year Comparison

	2024	2023	Change
Revenue	$217,217	$194,494	+0.1%
Expenses	$93,863	$80,747	+0.2%
Net Income	$123,354	$113,747	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JOE ANDERSON	VICE PRESIDE	1.00	Officer	$0	$0	$0
VICTORIA BLANCHETTE	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL DROLL	DIRECTOR	1.00	Director	$0	$0	$0
PAT GRIMMIUS	SECRETARY	1.00	Officer	$0	$0	$0
KATHY HAYENGA	CO-TREASURER	1.00	Officer	$0	$0	$0
KIM KORTHALS	DIRECTOR	1.00	Director	$0	$0	$0
SUSANNE MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
RUTH NYSTROM	DIRECTOR	1.00	Director	$0	$0	$0
MIKE PETERSEN	DIRECTOR	1.00	Director	$0	$0	$0
DEB SCHEIDT	DIRECTOR	1.00	Director	$0	$0	$0
JUDY SELBERG	DIRECTOR	1.00	Director	$0	$0	$0
DAVE SERRANO	PRESIDENT	1.00	Officer	$0	$0	$0
DENNIS WEBER	CO-TREASURER	1.00	Officer	$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	$217,217	$93,863	$2,207,964	$123,354
2023	$194,494	$80,747	$1,957,333	$113,747
2022	$103,847	$79,081	$1,728,028	$24,766
2021	$180,642	$96,677	$1,856,915	$83,965
2020	$92,051	$78,841	$1,821,908	$13,210
2018	$122,939	$80,629	$1,643,419	$42,310

HOSPICE COTTAGE INC