AdventHealth Home Health and Hospice Inc (EIN 592935928) - 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

1990

Legal Domicile

Principal Officer

Rema Cole

Phone

4076820808

Tax Period

2023-01-01 to 2023-12-31

AdventHealth Home Health and Hospice Inc, founded in 1990, is a mid-sized nonprofit in the Human Services sector that reported $49.7M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $47.0M left a modest 5% surplus.

Mission

Provision of hospice care to the community which provides compassionate & expert care to hospice patients.

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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 (2023)

Revenue Breakdown

Contributions & Grants $144,214

Program Service Revenue $49,462,456

Investment Income $66,210

Other Revenue $0

TOTAL REVENUE $49,672,880

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,461,242

Fundraising Expenses $0

Program Expenses $34,582,237

Other Expenses $13,545,482

TOTAL EXPENSES $47,006,724

Year-over-Year Comparison

	2023	2022	Change
Revenue	$49,672,880	$42,625,527	+0.2%
Expenses	$47,006,724	$42,406,809	+0.1%
Net Income	$2,666,156	$218,718	+11.2%

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

510

Volunteers

143

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

$343,450

Total Directors

$534,692

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sitarik Sherrie L	Director	0.10	Director	$0	$0	$0
Randolph Sandra L	Director/Secretary	0.10	Director	$360	$0	$360
Halikman Farlen	Vice Chairman/Director	0.10	Director	$0	$0	$0
Adler DO Lee M	Director	0.10	Director	$0	$0	$729
Schoch MD Peter	Chairman/Director (End 07/23)	0.10	Director	$0	$46,006	$533,603
Cole Rema	Administrator	25.00	Officer	$0	$43,838	$343,450
Covington MD Michelle	Physician	40.00	Highest	$225,495	$41,319	$266,814
Levison MD Bradford	Physician	40.00	Highest	$200,644	$17,903	$218,547
Joshi DO Alok	Physician	40.00	Highest	$211,854	$22,427	$234,281
Goldstein MD Steven	Physician	40.00	Highest	$219,609	$30,982	$250,591
Moore MD Eric A	Executive Medical Director	40.00	Highest	$254,205	$45,810	$396,934

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	No data	No data	No data	No data
2023	$49,672,880	$47,006,724	$19,068,021	$2,666,156
2022	$42,625,527	$42,406,809	$17,168,281	$218,718
2021	$39,513,160	$36,315,024	$23,267,854	$3,198,136
2020	$37,260,171	$33,754,041	$20,340,185	$3,506,130
2019	$37,465,224	$35,318,549	$14,979,074	$2,146,675
2018	$30,372,536	$28,985,128	$9,499,425	$1,387,408

AdventHealth Home Health and Hospice Inc