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.
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.
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 |
Compare Hospice of Yancey County Inc with other nonprofits in North Carolina and across the country.