HOSPICE CARE TEAM INC (EIN 742188540) - 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

1983

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

HOSPICE CARE TEAM INC, founded in 1983, is a mid-sized nonprofit in the Human Services sector that reported $10.4M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $9.0M left a modest 13% surplus.

Mission

HOSPICE CARE TEAM PROVIDES END-OF-LIFE CARE TO PATIENTS WITH TERMINAL ILLNESSES. CARE IS PROVIDED BY REGISTERED NURSES, SOCIAL WORKERS, HOSPICE AIDES AND OTHER CAREGIVERS. CARE IS PROVIDED TO THOSE IN NEED WHO CANNOT PROVIDE FOR THEMSELVES.

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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 $105,747

Program Service Revenue $10,233,557

Investment Income $13,561

Other Revenue $0

TOTAL REVENUE $10,352,865

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,841,579

Fundraising Expenses $0

Program Expenses $8,963,143

Other Expenses $5,121,564

TOTAL EXPENSES $8,963,143

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,352,865	$8,965,140	+0.2%
Expenses	$8,963,143	$7,671,174	+0.2%
Net Income	$1,389,722	$1,293,966	+0.1%

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

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
DARRAN DOLLARHIDE	SECRETARY	40.00	Officer	$0	$0	$0
GREGORY TAYLOR	TREASURER	40.00	Officer	$0	$0	$0
JOE R CHAPMAN	VICE PRESIDENT	40.00	Officer	$0	$0	$0
JASON BOOTZ	PRESIDENT	40.00	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
2024	No data	No data	No data	No data
2023	$10,352,865	$8,963,143	$8,398,351	$1,389,722
2022	$8,965,140	$7,671,174	$7,588,820	$1,293,966
2021	$6,883,333	$6,534,929	$7,072,815	$348,404
2020	$8,773,497	$7,485,186	$8,701,130	$1,288,311
2019	$8,232,663	$6,914,920	$7,985,267	$1,317,743
2018	$5,725,003	$5,380,368	$6,314,768	$344,635

HOSPICE CARE TEAM INC