Hospice by the Sea Inc

EIN: 591952942 501(c)(3)

LAKEWOOD RANCH, FL

Total Revenue
$42,929,511
Total Expenses
$41,797,611
Total Assets
$27,077,983
Net Assets
$24,520,843
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
FL
Phone
5618485200
Tax Period
2024-01-01 to 2024-09-30

Hospice by the Sea Inc, founded in 1979, is a mid-sized nonprofit that reported $42.9M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year.

Mission

THE MISSION OF HOSPICE BY THE SEA, INC. (HBTS) IS TO PROVIDE FAMILIES WITH ACCESS TO COMPASSIONATE, EXPERT AND PROFESSIONAL HEALTHCARE SERVICES IN THEIR TIME OF NEED, THROUGHOUT THEIR LIFESPAN. HTBS HONORS LIFE, OFFERS CARE AND COMFORT WITH DIGNITY AND EASES THE BURDEN OF ALL PATIENTS, CAREGIVERS AND FAMILIES ENCOUNTERING THE CHALLENGES THAT SICKNESS AND PROGRESSIVE ILLNESS BRING. WE PROVIDE HIGH-QUALITY CARE SUPPORT FOR PATIENTS AND THEIR FAMILIES AND CAREGIVERS, REGARDLESS OF AGE, RACE, CREED, DIAGNOSIS, OR ABILITY TO PAY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $952,727
Program Service Revenue $41,973,515
Investment Income $0
Other Revenue $3,269
TOTAL REVENUE $42,929,511

Expense Breakdown

Grants Paid $0
Salaries & Benefits $28,593,510
Fundraising Expenses $0
Program Expenses $30,695,718
Other Expenses $13,204,101
TOTAL EXPENSES $41,797,611

Year-over-Year Comparison

2024 2023 Change
Revenue $42,929,511 $51,649,222 -0.2%
Expenses $41,797,611 $51,860,616 -0.2%
Net Income $1,131,900 $-211,394 -6.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
190

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
13
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY LEVITT VICE CHAIR 1.0
Officer Director
$0 $0 $0
THOMAS G BURNS SECRETARY 1.0
Officer Director
$0 $0 $0
WILLIAM QUINN II CHAIRMAN 1.0
Officer Director
$0 $0 $0
HEATHER SIEGEL MILLER DIRECTOR 1.0
Director
$0 $0 $0
KRISTIN AHR DIRECTOR 1.0
Director
$0 $0 $0
MARIAN PEARLMAN NEASE DIRECTOR 1.0
Director
$0 $0 $0
MAURICE WOODS DIRECTOR 1.0
Director
$0 $0 $0
AMANDA TIPPIN CORPORATE COMPLIANCE/PRIVACY OFFICER 10.0
Officer
$0 $0 $0
CHARLE E SNIDER CHRO 10.0
Officer
$0 $0 $0
Christy Hendricks CHIEF LEGAL OFFICER 1.0
Officer
$0 $0 $0
DAVID C FIELDING FORMER CEO 5.0
Officer
$0 $0 $0
ELAINE I WILLIAMS VP OF CLINICAL OPERATIONS 5.0
Officer
$0 $0 $0
JONATHAN FLEECE PRESIDENT/CEO 1.0
Officer
$0 $0 $0
KATHERINE L BRAZZALE MD CHIEF MEDICAL OFFICER 10.0
Officer
$0 $0 $0
MARK R HUNTLEY FORMER CFO 5.0
Officer
$0 $0 $0
Saida Bouhamid CFO 1.0
Officer
$0 $0 $0
TARRAH L LOWRY CHIEF OPERATING OFFICER 10.0
Officer
$0 $0 $0
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 $42,929,511 $41,797,611 $27,077,983 $1,131,900
2023 $51,649,222 $51,860,616 $25,806,143 $-211,394
2022 $52,767,552 $50,842,998 $26,211,776 $1,924,554
2021 $53,733,577 $50,359,647 $24,238,802 $3,373,930
2020 $52,891,153 $48,566,800 $22,494,956 $4,324,353
2019 $49,344,794 $49,470,836 $17,238,375 $-126,042
2018 $54,161,863 $51,013,062 $16,544,718 $3,148,801
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