HOSPICE OF GASTON COUNTY INC (EIN 581341530) - 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

1978

Legal Domicile

Phone

7048342000

Tax Period

2024-07-01 to 2025-06-30

HOSPICE OF GASTON COUNTY INC, founded in 1978, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE COMPASSIONATE, EXCEPTIONAL AND HIGHLY RELIABLE CARE.

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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 $29,270

Program Service Revenue $3,061,863

Investment Income $487,692

Other Revenue $24

TOTAL REVENUE $3,578,849

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,835,151

Fundraising Expenses $0

Program Expenses $3,165,710

Other Expenses $1,837,243

TOTAL EXPENSES $3,672,394

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,578,849	$12,628,347	-0.7%
Expenses	$3,672,394	$12,694,728	-0.7%
Net Income	$-93,545	$-66,381	+0.4%

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

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

$4,971,110

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mr David Ratchford	Vice Chair	1.0	Officer Director	$0	$0	$0
Mr Jim Warren	Treasurer	1.0	Officer Director	$0	$0	$0
Ms Ann Davis	Chair	1.0	Officer Director	$0	$0	$0
Dr Joan Martin	Director	1.0	Director	$0	$0	$0
Dr John Watts	Director	1.0	Director	$0	$0	$0
Dr Rev Benjamin Hinton	Director	1.0	Director	$0	$0	$0
Mr Scott Griffin	Director	1.0	Director	$0	$0	$0
Ms Ami Parker	Director	1.0	Director	$0	$0	$0
Ms Jamie Hester Griffith	Director	1.0	Director	$0	$0	$0
Ms Jennifer Jones	Director	1.0	Director	$0	$0	$0
Ms Martha Williard	Director	1.0	Director	$0	$0	$0
Ms Patti Lineberger	Director	1.0	Director	$0	$0	$0
Mr David O'Connor	EVP/CFO/Asst. Treasurer	1.0	Officer	$0	$70,297	$1,479,727
Mr K Christopher Peek	CEO	1.0	Officer	$0	$346,347	$2,770,587
Ms Leigh Hickman	CLO/Asst. Sec.	1.0	Officer	$0	$95,263	$720,796
Ms Anna Marie Shindler	On Call RN Hospice	40.0	Highest	$135,290	$26,322	$161,612
Ms Elizabeth Evans	Registered Nurse	40.0	Highest	$106,399	$13,769	$120,168
Ms Jamette Nichols	Nurse Manager	40.0	Highest	$115,808	$10,003	$125,811
Ms Jeannie Jones	On Call RN Hospice	40.0	Highest	$121,768	$18,969	$140,737
Ms Julie Cornwell	Nurse Practitioner	40.0	Highest	$118,578	$14,541	$133,119

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
2025	$3,578,849	$3,672,394	$280	$-93,545
2024	$12,628,347	$12,694,728	$28,746,781	$-66,381
2023	$11,313,368	$12,750,370	$27,115,508	$-1,437,002
2022	$11,871,216	$12,108,661	$27,403,909	$-237,445
2021	$12,047,336	$10,914,502	$30,855,783	$1,132,834
2020	$11,212,614	$10,310,889	$27,266,728	$901,725
2019	$11,665,107	$10,525,098	$26,430,573	$1,140,009
2018	$10,760,968	$9,802,070	$25,291,958	$958,898

HOSPICE OF GASTON COUNTY INC