AUGUSTANA MOUNT OLIVET HOSPICE CARE LLC

EIN: 464564958 501(c)(3) Health Care

MINNEAPOLIS, MN

Total Revenue
$23,999,603
Total Expenses
$22,148,630
Total Assets
$7,441,219
Net Assets
$5,852,860
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MN
Principal Officer
STACY LYSEN
Phone
9528555000
Tax Period
2024-01-01 to 2024-12-31

AUGUSTANA MOUNT OLIVET HOSPICE CARE LLC, founded in 2014, is a mid-sized nonprofit in the Health Care sector that reported $24.0M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $22.1M left a modest 8% surplus.

Mission

OUR MISSION IS TO SERVE GOD BY RECOGNIZING THAT EVERY PERSON DESERVES TO LIVE OUT HIS OR HER LIFE WITH RESPECT AND DIGNITY, FREE OF PAIN, AND IN AN ENVIRONMENT THAT PROMOTES QUALITY OF LIFE.

Program Service Accomplishments

Program 1
Expenses: $19,684,654 Revenue: $23,561,117

AUGUSTANA MOUNT OLIVET HOSPICE, LLC ("THE LLC") IS A JOINT VENTURE BETWEEN AUGUSTANA CARE (EIN: 41-1728753) AND MOUNT OLIVET CAREVIEW HOME (EIN: 41-0802697). AUGUSTANA CARE AND MOUNT OLIVET CAREVIEW...

Read more

AUGUSTANA MOUNT OLIVET HOSPICE, LLC ("THE LLC") IS A JOINT VENTURE BETWEEN AUGUSTANA CARE (EIN: 41-1728753) AND MOUNT OLIVET CAREVIEW HOME (EIN: 41-0802697). AUGUSTANA CARE AND MOUNT OLIVET CAREVIEW HOME ARE THE ONLY MEMBERS OF THE LLC. BOTH MEMBERS ARE MINNESOTA NONPROFIT CORPORATIONS AND TAX EXEMPT PUBLIC CHARITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AUGUSTANA CARE IS A PUBLIC CHARITY UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI). MOUNT OLIVET CAREVIEW HOME IS A PUBLIC CHARITY UNDER SECTION 509(A)(2).HOSPICE CARE:THE LLC PROVIDES END-OF-LIFE CARE TO PATIENTS, WHEREVER THEY LIVE, THAT HAVE BEEN CERTIFIED AS BEING TERMINALLY ILL WITH LESS THAN SIX MONTHS OF LIFE. THE PURPOSES OF THE LLC INCLUDE:(A) TO PROVIDE END-OF-LIFE SERVICES THAT SUPPORT EACH INDIVIDUAL'S PHYSICAL, SPIRITUAL, CULTURAL AND EMOTIONAL NEEDS TO ENHANCE THEIR QUALITY OF LIFE;(B) TO SUPPORT AND HELP PATIENTS AND FAMILIES THROUGH THEIR END-OF-LIFE JOURNEY UTILIZING A TEAM APPROACH OF: MEDICAL DIRECTOR, NURSES, SOCIAL WORKERS, CHAPLAINS, HOME HEALTH AIDES, MUSIC THERAPISTS, MASSAGE THERAPISTS, GRIEF COUNSELORS, MEDICATIONS RELATED TO TERMINAL DIAGNOSIS, DURABLE MEDICAL EQUIPMENT, 24/7 ON-CALL SUPPORT AND VOLUNTEERS;(C) TO PROVIDE 13 MONTHS OF BEREAVEMENT SERVICES;(D) TO ACCEPT ALL WHO ARE ELIGIBLE TO HOSPICE SERVICES REGARDLESS OF ABILITY TO PAY;(E) A FAITH-BASED ORGANIZATION BRINGING HOSPICE CARE TO PATIENTS AND FAMILIES THAT BEST FITS THEIR NEEDS; AND(F) OTHER PROGRAMS AS MAY FROM TIME TO TIME THAT IS APPROPRIATE TO THE ACCOMPLISHMENT OF THIS COMPANY'S CHARITABLE PURPOSE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $291,624
Program Service Revenue $23,561,117
Investment Income $146,242
Other Revenue $620
TOTAL REVENUE $23,999,603

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,450,823
Fundraising Expenses $49,308
Program Expenses $19,684,654
Other Expenses $11,697,807
TOTAL EXPENSES $22,148,630

Year-over-Year Comparison

2024 2023 Change
Revenue $23,999,603 $19,281,206 +0.2%
Expenses $22,148,630 $18,195,765 +0.2%
Net Income $1,850,973 $1,085,441 +0.7%
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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
163
Volunteers
84

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
5
$187,544
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY HOKANSON CHAIR 0.25
Officer Director
$0 $0 $0
KATHY KOPP VICE CHAIR 0.25
Officer Director
$0 $0 $0
MATTHEW KERN CEO 0.25
Officer Director
$0 $0 $0
NANCY NASH SECRETARY 0.25
Officer Director
$0 $0 $0
EILEEN CARTWRIGHT DIRECTOR 0.25
Director
$0 $0 $0
DAVID LOSE DIRECTOR 0.25
Director
$0 $0 $0
STACY LYSEN PRESIDENT/CEO 46.00
Officer
$160,094 $27,450 $187,544
ALYSSA LANGE NURSE PRACTITIONER 40.00
Highest
$106,361 $29,060 $135,421
JENNIFER SEYFER DIRECTOR OF QUALITY & COMPLIANCE 40.00
Highest
$130,567 $13,197 $143,764
KELSEY TIETJE DIRECTOR OF MARKETING 40.00
Highest
$116,171 $17,523 $133,694
RACHEL JACKSON DIRECTOR OF HOSPICE 40.00
Highest
$113,213 $32,715 $145,928
SARA WARD HOSPICE STAFF MANAGER 40.00
Highest
$114,277 $21,330 $135,607
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 $23,999,603 $22,148,630 $7,441,219 $1,850,973
2023 $19,281,206 $18,195,765 $5,840,419 $1,085,441
2022 $16,102,510 $16,070,997 $4,719,491 $31,513
2021 $13,618,759 $13,128,346 $4,903,582 $490,413
2020 $13,094,214 $12,156,703 $7,306,056 $937,511
2019 $10,739,877 $10,046,021 $2,406,503 $693,856
2018 $8,599,269 $8,341,468 $1,699,845 $257,801
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare AUGUSTANA MOUNT OLIVET HOSPICE CARE LLC with other nonprofits in Minnesota and across the country.