THE HOSPICE PROMISE FOUNDATION (EIN 463961250) - 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

2013

Legal Domicile

Principal Officer

CARLLENE MACMILLAN

Phone

3372331307

Tax Period

2024-01-01 to 2024-12-31

THE HOSPICE PROMISE FOUNDATION, founded in 2013, is a small nonprofit in the Human Services sector that reported $879K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Net assets of $3.1M represent 42 months of operating reserves.

Mission

TO ASSIST PERSONS IN HOSPICE CARE AND THEIR FAMILIES WITH ESSENTIAL, NON-HOSPICE RELATED EXPENSES THAT THEY ARE UNABLE TO AFFORD THEMSELVES.

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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 $793,224

Program Service Revenue $0

Investment Income $85,345

Other Revenue $0

TOTAL REVENUE $878,569

Expense Breakdown

Grants Paid $927,762

Salaries & Benefits $0

Fundraising Expenses $157

Program Expenses $927,762

Other Expenses $25,213

TOTAL EXPENSES $952,975

Year-over-Year Comparison

	2024	2023	Change
Revenue	$878,569	$978,918	-0.1%
Expenses	$952,975	$843,976	+0.1%
Net Income	$-74,406	$134,942	-1.6%

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
CARLLENE MACMILLAN	PRESIDENT/DIRECTOR	5.00	Officer Director	$0	$0	$0
LORI STAGG	VICE PRESIDENT/DIRECTOR	5.00	Officer Director	$0	$0	$0
JOANNE LITTLE	SECRETARY/DIRECTOR	5.00	Officer Director	$0	$0	$0
SARAH TRAHAN	TREASURER/DIRECTOR	5.00	Officer Director	$0	$0	$0
GINGER MEYERS	DIRECTOR	5.00	Director	$0	$0	$0
DR BENJAMIN DOGA	DIRECTOR	5.00	Director	$0	$0	$0
DANA FOREMAN	DIRECTOR	5.00	Director	$0	$0	$0
TERI FONTENOT	DIRECTOR	5.00	Director	$0	$0	$0
KEITH DEROUEN	DIRECTOR	5.00	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
2024	$878,569	$952,975	$3,054,337	$-74,406
2023	$978,918	$843,976	$3,128,743	$134,942
2022	$1,197,028	$597,956	$2,993,801	$599,072
2021	$830,452	$437,283	$2,394,729	$393,169
2020	$463,132	$252,051	$2,001,560	$211,081
2019	$1,039,822	$218,339	$1,790,479	$821,483
2018	$828,229	$255,893	$968,994	$572,336

THE HOSPICE PROMISE FOUNDATION