HOSPICE MINISTRIES INC

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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

GERRY ANN HOUSTON

Phone

6012094892

Tax Period

2023-07-01 to 2024-06-30

HOSPICE MINISTRIES INC, founded in 1990, is a small nonprofit in the Human Services sector that reported $232K in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $282K exceeded revenue, resulting in a 21% operating deficit.

Mission

HOSPICE MINISTRIES, INC. PROVIDES SOCIAL WELFARE, HEALTH AND CHARITABLE HOSPICE SERVICES AND SUPPORT TO ALL PERSONS THROUGHOUT MISSISSIPPI.

Program Service Accomplishments

Program 1

Revenue: $5,198

HOSPICE MINISTRIES, INC. PROVIDES SOCIAL WELFARE, HEALTH AND CHARITABLE HOSPICE SERVICES AND SUPPORT TO ALL PERSONS THROUGHOUT MISSISSIPPI.

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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 $19,134

Program Service Revenue $5,198

Investment Income $207,980

Other Revenue $0

TOTAL REVENUE $232,312

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,254

Fundraising Expenses $0

Other Expenses $277,952

TOTAL EXPENSES $282,206

Year-over-Year Comparison

	2023	2022	Change
Revenue	$232,312	$11,635,861	-1.0%
Expenses	$282,206	$8,446,301	-1.0%
Net Income	$-49,894	$3,189,560	-1.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL G MOAK JR	DIRECTOR	1.00	Director	$0	$0	$0
SALLYE WILCOX	DIRECTOR	1.00	Director	$0	$0	$0
DR GERRY ANN HOUSTON	PRESIDENT	1.00	Officer	$0	$0	$0
JIM COGGIN	VICE PRESIDENT	1.00	Officer	$0	$0	$0
RUSS YORK	TREASURER	1.00	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
2025	No data	No data	No data	No data
2024	$232,312	$282,206	$6,960,628	$-49,894
2023	$11,635,861	$8,446,301	$7,010,522	$3,189,560
2022	$8,510,148	$8,947,701	$5,242,976	$-437,553
2021	$9,098,835	$9,035,364	$6,299,057	$63,471
2020	$10,323,358	$10,086,453	$6,853,056	$236,905
2019	$9,718,169	$9,324,292	$5,672,424	$393,877