Hospice Net Inc

EIN: 621720099 501(c)(3)

Nashville, TN

Total Revenue
$401,636
Total Expenses
$225,620
Total Assets
$294,616
Net Assets
$294,616
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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

Legal Domicile
TN
Principal Officer
Ross Franklin Sanders
Phone
6155134333
Tax Period
2020-10-01 to 2021-09-30

Hospice Net Inc is a small nonprofit that reported $402K in total revenue in fiscal year 2020. The organization ran a surplus of $176K, a strong 44% operating margin.

Mission

Provide information and support to patients and families facing life-threatening illnesses.

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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 (2020)

Revenue Breakdown

Contributions & Grants $401,636
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $401,636

Expense Breakdown

Grants Paid $75,000
Salaries & Benefits $129,180
Fundraising Expenses $0
Program Expenses $195,872
Other Expenses $21,440
TOTAL EXPENSES $225,620

Year-over-Year Comparison

2020 2019 Change
Revenue $401,636 N/A N/A
Expenses $225,620 $11,513 +18.6%
Net Income $176,016 $-11,513 -16.3%
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

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Governance

Voting Members
1
Independent Members
N/A
Employees
2
Volunteers
N/A

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
1
$90,000
Total Directors
1
$90,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ross Franklin Sanders President 12.00
Officer Director
$90,000 $0 $90,000
James M Felts DOD 1242018 President (Until Death 1/24/18) 0.00
$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
2021 $401,636 $225,620 $294,616 $176,016
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