Hospice of Okeechobee Inc (EIN 592831397) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Phone

8138718111

Tax Period

2024-01-01 to 2024-12-31

Hospice of Okeechobee Inc, founded in 1986, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $4.7M exceeded revenue, resulting in a 117% operating deficit.

Mission

Provides hospice and palliative care services that relieve the suffering of persons residing in its communities affected by life-limiting illnesses and end-of-life issues so all may live as fully as possible.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $99,276

Program Service Revenue $2,057,269

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,156,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,331,021

Fundraising Expenses $0

Program Expenses $3,802,545

Other Expenses $1,346,470

TOTAL EXPENSES $4,677,491

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,156,545	$3,479,471	-0.4%
Expenses	$4,677,491	$5,553,226	-0.2%
Net Income	$-2,520,946	$-2,073,755	+0.2%

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

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

$7,045,454

Total Directors

$4,394,855

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrew Molosky	PRESIDENT/CEO/CHAIR	2.0	Officer Director	$0	$663,374	$2,257,453
Dawn Hoover	Secretary	2.0	Officer Director	$0	$0	$0
Matthew P Buxton	Vice Chair	2.0	Officer Director	$0	$0	$0
RHONDA G WHITE	Chief Operating Officer	2.0	Officer Director	$0	$203,486	$713,470
Tara Friedman	Chief Medical Officer	2.0	Officer Director	$0	$106,634	$759,617
TODD A WEBB	CHIEF FINANCIAL OFFICER	2.0	Officer Director	$0	$179,971	$664,315
Dorothy Bulger	BOARD MEMBER	2.0	Director	$0	$0	$0
Marie Culbreth	BOARD MEMBER	2.0	Director	$0	$0	$0
Nicki Smith	BOARD MEMBER (through 12/2024)	2.0	Director	$0	$0	$0
Sandra Pearce-McAuley	BOARD MEMBER	2.0	Director	$0	$0	$0
Steve Lafferty	BOARD MEMBER	2.0	Director	$0	$0	$0
MICHAEL SHAPIRO	Chief Medical Officer - Hospice (Through 3/2024)	2.0	Officer	$0	$46,948	$447,382
Nicole Romence	Chief People Officer	2.0	Officer	$0	$159,229	$586,527
Paola Delp	Chief Business Development Officer	2.0	Officer	$0	$21,141	$728,573
Sheri Anne Strobel Amateau	Chief Information Officer	2.0	Officer	$0	$70,395	$524,578
Valerie Zolman	Chief Compliance Officer	2.0	Officer	$0	$82,539	$363,539
Cherrie S Hamilton	RN, Care Coordinator	40.0	Highest	$101,765	$28,992	$130,757
Shawn Brown	Director, Regional	40.0	Highest	$121,724	$30,449	$152,173
CHARLES O LEE	Former Chief Administrative Officer	0.0		$0	$0	$520,000
David J O'Neil	Former CHIEF FINANCIAL OFFICER	0.0		$0	$9,337	$191,279
Ronald S Schonwetter MD	Former Chief Medical Officer	0.0		$0	$0	$290,512

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	$2,156,545	$4,677,491	$1,910,089	$-2,520,946
2023	$3,479,471	$5,553,226	$1,388,651	$-2,073,755
2022	$3,198,711	$5,360,138	$1,420,650	$-2,161,427
2021	$1,417,996	$3,361,842	$244,608	$-1,943,846
2020	$1,076,674	$2,379,287	$523,597	$-1,302,613
2019	$1,243,293	$1,427,765	$1,416,401	$-184,472

Hospice of Okeechobee Inc