VNA Space Coast Inc

EIN: 651002301 501(c)(3) Health Care

Rockledge, FL

Total Revenue
$2,922,128
Total Expenses
$1,830,737
Total Assets
$305,726
Net Assets
$-17,052
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
FL
Principal Officer
Lundy Fields
Phone
7725675551
Tax Period
2023-10-01 to 2024-09-30

VNA Space Coast Inc, founded in 2001, is a community nonprofit in the Health Care sector that reported $2.9M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.1M, a strong 37% operating margin.

Mission

To provide compassionate, innovative care of the highest quality for patients and caregivers needing home health services.

Program Service Accomplishments

Program 1
Expenses: $1,830,737 Revenue: $1,121,677

This entity is a Medicare certified home health agency serving Brevard County, Florida, providing intermittent skilled nursing care; physical, speech, and occupational therapy; medical social...

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This entity is a Medicare certified home health agency serving Brevard County, Florida, providing intermittent skilled nursing care; physical, speech, and occupational therapy; medical social services; and home health aides to patients recovering from illness, injury, or surgery and to those living with chronic health conditions.

Program 2

During the year ended September 30, 2024, unpaid volunteers contributed more than 40 hours of their time in direct support of the organization. Volunteers assisted in various program areas. Based...

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During the year ended September 30, 2024, unpaid volunteers contributed more than 40 hours of their time in direct support of the organization. Volunteers assisted in various program areas. Based upon the hourly volunteer rate of approximately $33.49/hr. In 2024 for the state of Florida per the Bureau of Labor Statistics, the dollar value of those volunteer hours was approximately $1,400. A total of 21,130 hours of volunteer services valued at $707,600 were provided in total to the agency and its related parties. No amounts have been reflected in this return for those donated services.

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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 (2023)

Revenue Breakdown

Contributions & Grants $435
Program Service Revenue $1,121,677
Investment Income $1,800,016
Other Revenue $0
TOTAL REVENUE $2,922,128

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,830,737
Other Expenses $1,830,737
TOTAL EXPENSES $1,830,737

Year-over-Year Comparison

2023 2022 Change
Revenue $2,922,128 $3,744,253 -0.2%
Expenses $1,830,737 $5,124,403 -0.6%
Net Income $1,091,391 $-1,380,150 -1.8%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$516,311
Total Directors
6
$290,350
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Stengel Chairman 5.00
Officer Director
$0 $0 $0
Richard Johnson Vice Chairman 5.00
Officer Director
$0 $0 $0
Ford Fegert Secretary/Treasurer 2.00
Officer Director
$0 $0 $0
Mike P McGee Director 1.00
Director
$0 $0 $0
Ann Marie McCrystal Director 1.00
Director
$0 $0 $0
Lundy Fields President/ CEO 10.00
Officer Director
$0 $30,847 $290,350
Daniel Bach CFO 10.00
Officer
$0 $28,016 $225,961
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 $2,922,128 $1,830,737 $305,726 $1,091,391
2023 $3,744,253 $5,124,403 $777,879 $-1,380,150
2022 $3,736,952 $4,460,021 $520,515 $-723,069
2021 $3,863,253 $4,587,015 $718,424 $-723,762
2020 $4,300,648 $4,784,223 $681,177 $-483,575
2019 $3,996,075 $4,487,041 $727,570 $-490,966
2018 $2,712,301 $3,105,815 $382,443 $-393,514
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