REGIONAL HOSPICE SERVICES INC (EIN 391688390) - 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

1991

Legal Domicile

Principal Officer

LYNDA ANDERSON

Phone

7156855151

Tax Period

2023-01-01 to 2023-12-31

REGIONAL HOSPICE SERVICES INC, founded in 1991, is a community nonprofit in the Health Care sector that reported $4.2M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 11% surplus.

Mission

PROVIDE HOSPICE CARE TO TERMINALLY ILL PATIENTS IN NORTHERN WISCONSIN AND MICHIGAN'S UPPER PENINSULA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $85,696

Program Service Revenue $3,915,660

Investment Income $185,504

Other Revenue $0

TOTAL REVENUE $4,186,860

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,002,973

Fundraising Expenses $0

Program Expenses $2,483,405

Other Expenses $1,721,729

TOTAL EXPENSES $3,724,702

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,186,860	$3,306,852	+0.3%
Expenses	$3,724,702	$3,119,629	+0.2%
Net Income	$462,158	$187,223	+1.5%

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

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

$202,791

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON DOUGLAS	PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE SCHAFER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LUKE BEIRL	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
DRNINA GILBERG	DIRECTOR	1.00	Director	$0	$0	$0
GORDON LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
LEN MEYSEMBORG	DIRECTOR	1.00	Director	$0	$0	$0
LYNDA ANDERSON	EXECUTIVE DIRECTOR	40.00	Officer	$160,638	$42,153	$202,791

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	$4,186,860	$3,724,702	$8,477,220	$462,158
2022	$3,306,852	$3,119,629	$7,100,480	$187,223
2021	$4,044,793	$3,019,812	$7,498,506	$1,024,981
2020	$3,873,077	$2,954,865	$6,444,950	$918,212
2019	$3,802,664	$3,232,219	$5,050,394	$570,445
2018	$3,337,056	$2,811,546	$4,027,016	$525,510

REGIONAL HOSPICE SERVICES INC