FRIENDS OF HOSPICE OF THE LAKEWAY AREA INC (EIN 581761448) - 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

1987

Legal Domicile

Principal Officer

JUDY ALTOM

Phone

4235865258

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF HOSPICE OF THE LAKEWAY AREA INC, founded in 1987, is a small nonprofit that reported $290K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $322K exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDE SUPPORT FOR TERMINALLY ILL

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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 $234,945

Program Service Revenue $42,375

Investment Income $402

Other Revenue $12,739

TOTAL REVENUE $290,461

Expense Breakdown

Grants Paid $632

Salaries & Benefits $216,308

Fundraising Expenses $14,864

Program Expenses $265,064

Other Expenses $105,404

TOTAL EXPENSES $322,344

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,461	$449,840	-0.4%
Expenses	$322,344	$300,116	+0.1%
Net Income	$-31,883	$149,724	-1.2%

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

$50,175

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB VICK	DIRECTOR	1.00	Director	$0	$0	$0
ANNIE WING	DIRECTOR	1.00	Director	$0	$0	$0
JUDY ALTOM	TREASURER	1.00	Officer Director	$0	$0	$0
JOSE AMADOR	DIRECTOR	1.00	Director	$0	$0	$0
BYRON CHAMBERS	DIRECTOR	1.00	Director	$0	$0	$0
AL A'HEARN	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN MEDLEY	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS CAPPS	DIRECTOR	1.00	Director	$0	$0	$0
GINGER CAIN	DIRECTOR	1.00	Director	$0	$0	$0
JILL BRUCE	PRESIDENT	1.00	Officer Director	$0	$0	$0
PAMELA JINKS	DIRECTOR	1.00	Director	$0	$0	$0
JANICE SNIDER	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
LAURA MURRELL	DIRECTOR	1.00	Director	$0	$0	$0
SANDY JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
PHYLLIS HIME	DIRECTOR	1.00	Director	$0	$0	$0
SARAH WOLFE	SECRETARY	1.00	Officer Director	$0	$0	$0
BROOKE CORNETT	DIRECTOR	1.00	Director	$0	$0	$0
SHAUNA GREENE	DIRECTOR	1.00	Director	$0	$0	$0
ADAM IVY	DIRECTOR	1.00	Director	$0	$0	$0
RYAN KRAGEL	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE HAMILL	EXECUTIVE DIRECTOR	30.00	Officer	$50,175	$0	$50,175

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	$290,461	$322,344	$745,411	$-31,883
2023	$449,840	$300,116	$780,062	$149,724
2022	$281,787	$237,468	$753,135	$44,319
2021	$204,704	$192,258	$569,719	$12,446
2020	$249,356	$170,069	$551,762	$79,287
2019	$197,052	$159,616	$518,759	$37,436
2018	$204,538	$183,699	$508,966	$20,839

FRIENDS OF HOSPICE OF THE LAKEWAY AREA INC