SUNCOAST PACE INC

🔒

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

2011

Legal Domicile

Phone

9415525900

Tax Period

2023-10-01 to 2024-09-30

SUNCOAST PACE INC, founded in 2011, is a mid-sized nonprofit in the Human Services sector that reported $35.3M in total revenue in fiscal year 2023. Expenses of $34.0M left a modest 4% surplus.

Mission

THE MISSION OF SUNCOAST PACE, INC. IS TO PROVIDE A PROGRAM OF ALL-INCLUSIVE CARE OF THE ELDERLY. PACE PROVIDES MANAGED CARE SERVICES FOR OLDER ADULTS AND PEOPLE OVER 55 WITH DISABILITIES WHO OTHERWISE NEED NURSING HOME LEVEL OF CARE. THIS INCLUDES MEDICAL AND NON-MEDICAL SERVICES TO THOSE PERSONS IN NEED OF ASSISTANCE, ADVANCEMENT OF THE ACCESSIBILITY AND QUALITY OF THE SERVICES PROVIDED, AND IMPROVEMENT OF THE HEALTH OF THE ELDERLY POPULATION IN PINELLAS COUNTY.

Program Service Accomplishments

Program 1

Expenses: $29,159,046 Revenue: $34,730,196

SUNCOAST PACE (PROGRAM OF ALL-INCLUSIVE CARE FOR THE ELDERLY) - PACE IS A NURSING HOME DIVERSION PROGRAM THAT PROVIDES A FULL RANGE OF HOME AND HEALTH CARE SERVICES TO SENIORS 55 YEARS OF AGE OR...

SUNCOAST PACE (PROGRAM OF ALL-INCLUSIVE CARE FOR THE ELDERLY) - PACE IS A NURSING HOME DIVERSION PROGRAM THAT PROVIDES A FULL RANGE OF HOME AND HEALTH CARE SERVICES TO SENIORS 55 YEARS OF AGE OR OLDER. PACE HELPS PEOPLE MEET THEIR HEALTH CARE NEEDS IN THE COMMUNITY INSTEAD OF GOING TO A NURSING HOME OR OTHER CARE FACILITY. THE PROGRAM OFFERS PRIMARY AND SPECIALITY MEDICAL CARE, ADULT DAY CENTER SERVICES, HOSPITALIZATION AND EMERGENCY CARE, NUTRITIOUS MEALS, IN-HOME SUPPORT AND CARE, TRANSPORTATION SERVICES, PHARMACY SERVICES, AND PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES. IN ADDITION TO MEDICAL SERVICES AND THERAPIES, THERE ARE NUMEROUS ACTIVITIES AND OPPORTUNITIES TO SOCIALIZE. PACE'S GOAL IS TO KEEP THE PARTICIPANTS IT SERVES LIVING SAFELY IN THEIR OWN HOMES OR TOGETHER WITH THEIR FAMILIES AS LONG AS POSSIBLE WHILE MAINTAINING THEIR INDEPENDENCE AND QUALITY OF LIFE. AT SEPTEMBER 30, 2024, 338 PARTICIPANTS WERE BEING SERVED BY THIS PROGRAM.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $503,443

Program Service Revenue $34,730,196

Investment Income $39,792

Other Revenue $0

TOTAL REVENUE $35,273,431

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,514,322

Fundraising Expenses $0

Program Expenses $29,159,046

Other Expenses $23,523,275

TOTAL EXPENSES $34,037,597

Year-over-Year Comparison

	2023	2022	Change
Revenue	$35,273,431	$34,003,186	+0.0%
Expenses	$34,037,597	$33,859,990	+0.0%
Net Income	$1,235,834	$143,196	+7.6%

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

114

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

$1,781,371

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETTY OLDANIE	VICE CHAIR	1.0	Officer Director	$0	$0	$0
FORD N KYES	TREASURER	1.0	Officer Director	$0	$0	$0
JUDITH A WOODWORTH	CHAIR	1.0	Officer Director	$0	$0	$0
REP DELOACH	SECRETARY	1.0	Officer Director	$0	$0	$0
BENJAMIN HAYES	TRUSTEE	1.0	Director	$0	$0	$0
CARRIE NERO	TRUSTEE	1.0	Director	$0	$0	$0
CHARLES WHETSTONE	TRUSTEE	1.0	Director	$0	$0	$0
ERIN MCLEOD	TRUSTEE	1.0	Director	$0	$0	$0
JENNIFER WHITED POPE	TRUSTEE	1.0	Director	$0	$0	$0
SUSIE WALTERS	TRUSTEE	1.0	Director	$0	$0	$0
CHRISTY HENDRICKS	CHIEF LEGAL OFFICER	1.0	Officer	$0	$38,110	$418,963
JONATHAN FLEECE	PRESIDENT/CEO	1.0	Officer	$0	$48,894	$876,727
SAIDA BOUHAMID	CFO	1.0	Officer	$0	$38,556	$485,681
RAFAEL J SCIULLO	FORMER PRESIDENT	0.0		$0	$2,364	$413,718

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	$35,273,431	$34,037,597	$13,192,279	$1,235,834
2023	$34,003,186	$33,859,990	$14,415,669	$143,196
2022	$28,591,090	$26,626,198	$12,419,098	$1,964,892
2021	$27,843,705	$24,555,527	$13,555,248	$3,288,178
2020	$26,465,619	$24,526,055	$8,542,513	$1,939,564
2019	$24,281,534	$23,318,155	$6,331,874	$963,379
2018	$21,696,942	$21,205,150	$6,211,130	$491,792