Burnsville, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hospice of Yancey County Inc, founded in 1983, is a community nonprofit in the Human Services sector that reported $7.2M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $6.9M left a modest 4% surplus.
Our Mission - We aspire to a Higher Standard of Care. We are dedicated to being recognized as the hospice of choice in our community and for being the most respected and trusted experts in palliative and hospice care.
Hospice of Yancey County, Inc. dba Compassionate Care Western North Carolina provided a total of 31,121 hospice care days during the year and served a total of 261 patients in the service area of...
Hospice of Yancey County, Inc. dba Compassionate Care Western North Carolina provided a total of 31,121 hospice care days during the year and served a total of 261 patients in the service area of Yancey, Mitchell, Madison, and Northern Buncombe Counties. A total of 18,955 patient visits were made by our clinical team. Hospice care was provided wherever the patient calls home; private residence, nursing home and/or assisted living environments in Routine Home Care, Continuous Care Respite and General Inpatient Levels of care. Patients are eligible for hospice care when the expected life expectance is six months or less. Hospice certified Physicians, Nurses, C N As, MSWs, Chaplains and Volunteers comprise the hospice team.
Hospice of Yancey County, Inc. dba Compassionate Care Western North Carolina providers made 1,682 home visits, serving 343 patients in the service area of Yancey, Mitchell, Madison, and Northern...
Hospice of Yancey County, Inc. dba Compassionate Care Western North Carolina providers made 1,682 home visits, serving 343 patients in the service area of Yancey, Mitchell, Madison, and Northern Buncombe Counties. Palliative Care is a consultative service in collaboration with the patient and the patients primary physician addressing pain and symptom management. Patients living with chronic and/or life limiting illnesses are eligible for palliative care even while receiving aggressive medical treatment. Palliative certified Physicians, NPs and MSW Care Navigators and Volunteers comprise the palliative team.
Hospice of Yancey County, Inc. dba Compassionate Care Western North Carolina provides bereavement support to hospice patient families for up to 13 months following the passing of a patient and...
Hospice of Yancey County, Inc. dba Compassionate Care Western North Carolina provides bereavement support to hospice patient families for up to 13 months following the passing of a patient and community support to anyone who desires grief support. 392 clients received bereavement support. This support is in the form of bereavement calls, visits, mailings, and/or support groups.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $7,239,647 | $6,356,560 | +0.1% |
| Expenses | $6,944,000 | $5,743,408 | +0.2% |
| Net Income | $295,647 | $613,152 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Matthew Grindstaff | CEO / Executive Director | 40.00 |
Officer
|
$87,910 | $11,186 | $99,096 |
| Ronnie Gregory | Chief Operating Officer | 40.00 |
Officer
|
$138,383 | $11,959 | $150,342 |
| Willoree Jobe | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joyce Watts | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Linda Gigi Kay | Secretary/Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Dayton | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Johnny Riddle | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Danny Hockaday | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lynda Kinnane | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,239,647 | $6,944,000 | $5,981,799 | $295,647 |
| 2024 | $6,356,560 | $5,743,408 | $5,812,536 | $613,152 |
| 2023 | $5,179,095 | $4,601,343 | $4,657,129 | $577,752 |
| 2022 | $5,314,655 | $4,359,673 | $3,944,003 | $954,982 |
| 2021 | $4,688,341 | $3,990,426 | $4,137,595 | $697,915 |
| 2020 | $3,663,702 | $3,358,762 | $3,342,163 | $304,940 |
| 2019 | $2,917,095 | $2,720,207 | $2,696,541 | $196,888 |
| 2018 | $3,029,691 | $2,531,474 | $2,477,363 | $498,217 |
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