VNA Hospice of Indian River County Inc

EIN: 592402136 501(c)(3)

Vero Beach, FL

Total Revenue
$19,740,764
Total Expenses
$18,355,704
Total Assets
$23,096,971
Net Assets
$12,834,965
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
FL
Principal Officer
Lundy Fields
Phone
7725675551
Tax Period
2023-10-01 to 2024-09-30

VNA Hospice of Indian River County Inc, founded in 1982, is a mid-sized nonprofit that reported $19.7M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $18.4M left a modest 7% surplus.

Mission

To provide compassionate, innovative care of the highest quality, setting the standard for patients and caregivers needing hospice services.

Program Service Accomplishments

Program 1
Expenses: $16,342,229 Revenue: $16,272,693

Provide care to the terminally ill and their families including nursing, therapy, bereavement, social services as well as a chaplain. The organization also operates a twelve bed inpatient hospice...

Read more

Provide care to the terminally ill and their families including nursing, therapy, bereavement, social services as well as a chaplain. The organization also operates a twelve bed inpatient hospice house.

Program 2

During the year ended September 30, 2024, unpaid volunteers contributed more than 16,900 hours of their time in direct support of the organization. Volunteers assisted in various program areas. Based...

Read more

During the year ended September 30, 2024, unpaid volunteers contributed more than 16,900 hours of their time in direct support of the organization. Volunteers assisted in various program areas. Based upon the hourly volunteer rate of approximately $33.49/hr. In 2024 for the state of Florida per the Bureau of Labor Statistics, the dollar value of those volunteer hours was approximately $567,000. A total of 21,130 hours of volunteer services valued at $707,600 were provided in total to the agency and its related parties. No amounts have been reflected in this return for those donated services.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,467,899
Program Service Revenue $16,272,693
Investment Income $172
Other Revenue $0
TOTAL REVENUE $19,740,764

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $16,342,229
Other Expenses $18,355,704
TOTAL EXPENSES $18,355,704

Year-over-Year Comparison

2023 2022 Change
Revenue $19,740,764 $17,544,510 +0.1%
Expenses $18,355,704 $17,353,748 +0.1%
Net Income $1,385,060 $190,762 +6.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
269

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
5
$516,311
Total Directors
8
$290,350
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Donald E Nickelson Chairman 5.00
Officer Director
$0 $0 $0
Mike P McGee Vice Chairman 5.00
Officer Director
$0 $0 $0
Barbara Pearce Treasurer/Secretary 2.00
Officer Director
$0 $0 $0
Marta Schneider Director 1.00
Director
$0 $0 $0
Susan P Rodgers Director 1.00
Director
$0 $0 $0
Eva Gurley Director 1.00
Director
$0 $0 $0
William Stengel Ex-Officio 1.00
Director
$0 $0 $0
Lundy Fields President/CEO 10.00
Officer Director
$0 $30,847 $290,350
Daniel Bach CFO 10.00
Officer
$0 $28,016 $225,961
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 $19,740,764 $18,355,704 $23,096,971 $1,385,060
2023 $17,544,510 $17,353,748 $17,421,177 $190,762
2022 $17,007,535 $16,682,544 $12,782,783 $324,991
2021 $15,330,911 $13,881,592 $12,034,382 $1,449,319
2020 $15,030,335 $13,242,733 $10,673,407 $1,787,602
2019 $13,722,223 $12,369,275 $8,398,262 $1,352,948
2018 $12,641,894 $12,222,600 $7,154,444 $419,294
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VNA Hospice of Indian River County Inc with other nonprofits in Florida and across the country.