HOSPICE OF THE EMERALD COAST INC (EIN 621805874) - 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

1999

Legal Domicile

Principal Officer

MICHELLE CARTER

Phone

6784490446

Tax Period

2023-01-01 to 2023-12-31

HOSPICE OF THE EMERALD COAST INC, founded in 1999, is a mid-sized nonprofit in the Human Services sector that reported $60.1M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.9M, a strong 23% operating margin.

Mission

HOSPICE 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,559

Program Service Revenue $57,577,475

Investment Income $2,467,109

Other Revenue $0

TOTAL REVENUE $60,066,143

Expense Breakdown

Grants Paid $269,400

Salaries & Benefits $20,848,614

Fundraising Expenses $0

Program Expenses $23,163,579

Other Expenses $25,061,957

TOTAL EXPENSES $46,179,971

Year-over-Year Comparison

	2023	2022	Change
Revenue	$60,066,143	$48,994,770	+0.2%
Expenses	$46,179,971	$39,662,744	+0.2%
Net Income	$13,886,172	$9,332,026	+0.5%

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

386

Volunteers

106

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

Total Directors

$6,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM LONG	CHAIRMAN	4.0	Director	$2,000	$0	$2,000
ISMAIL ZABIH	DIRECTOR	4.0	Director	$2,000	$0	$2,000
JENNIFER BOWMAN	DIRECTOR	4.0	Director	$2,000	$0	$2,000
PATSY JUSTICE	DIRECTOR	4.0	Director	$0	$0	$0
MICHELLE CARTER	PRESIDENT	0.0	Officer Director	$0	$0	$0
CATHY BLANCHARD	VICE CHAIRMAN	0.0	Officer	$0	$0	$0
SARAH GRISWOLD	TREASURER	4.0	Officer	$0	$0	$0
JANET COMBS	VP OF LICENSURE AND CERTIFICAT	4.0	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	No data	No data	No data	No data
2023	$60,066,143	$46,179,971	$68,630,643	$13,886,172
2022	$48,994,770	$39,662,744	$62,522,324	$9,332,026
2021	$44,119,293	$35,529,198	$50,374,918	$8,590,095
2020	$45,009,660	$37,188,117	$39,663,857	$7,821,543

HOSPICE OF THE EMERALD COAST INC