HOSPICE OF MORROW COUNTY INC (EIN 341676119) - 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

1991

Legal Domicile

Phone

4199469822

Tax Period

2024-01-01 to 2024-12-31

HOSPICE OF MORROW COUNTY INC, founded in 1991, is a micro nonprofit in the Health Care sector that reported $42K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $191K exceeded revenue, resulting in a 359% operating deficit.

Mission

NONPROFIT CARE FOR TERMINALLY ILL

🔒

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 $337

Program Service Revenue $0

Investment Income $28,697

Other Revenue $12,516

TOTAL REVENUE $41,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $337

Fundraising Expenses $0

Program Expenses $180,206

Other Expenses $190,406

TOTAL EXPENSES $190,743

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,550	$38,002	+0.1%
Expenses	$190,743	$199,957	0.0%
Net Income	$-149,193	$-161,955	-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

$8,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH PERKINS	ADMINISTRATOR	3.00	Officer	$8,400	$0	$8,400
DONNA DORSTEN	VICE PRESIDENT	2.00	Officer	$0	$0	$0
MARY JO CORWIN	TREASURER	2.00	Officer	$0	$0	$0
JIM TRAINER	PRESIDENT	2.00	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	$41,550	$190,743	$998,141	$-149,193
2023	$38,002	$199,957	$1,142,003	$-161,955
2022	$964,350	$822,103	$1,311,886	$142,247
2021	$1,059,407	$1,152,517	$1,191,576	$-93,110
2020	$1,484,782	$1,260,621	$1,280,609	$224,161
2019	$918,428	$996,805	$1,074,343	$-78,377
2018	$811,109	$861,453	$1,137,382	$-50,344

HOSPICE OF MORROW COUNTY INC