HOSPICE OF MIDLAND INC (EIN 751736007) - 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

1980

Legal Domicile

Principal Officer

KARMEN BRYANT

Phone

4326822855

Tax Period

2024-05-01 to 2025-04-30

HOSPICE OF MIDLAND INC, founded in 1980, is a community nonprofit that reported $9.9M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

HOSPICE PROVIDES CARE FROM THE HEART TO FULFILL THE UNIQUE NEEDS OF PATIENTS AND FAMILIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,502,564

Program Service Revenue $8,253,677

Investment Income $107,041

Other Revenue $54,387

TOTAL REVENUE $9,917,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,161,345

Fundraising Expenses $5,405

Program Expenses $7,887,324

Other Expenses $5,233,902

TOTAL EXPENSES $10,395,247

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,917,669	$8,238,266	+0.2%
Expenses	$10,395,247	$6,461,897	+0.6%
Net Income	$-477,578	$1,776,369	-1.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

143

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

$339,119

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TINA BALLARD	PRESIDENT	0.86	Officer Director	$0	$0	$0
KARMEN BRYANT	FIRST VP	0.19	Officer Director	$0	$0	$0
SAMANTHA PERALES	SECOND VP	0.46	Officer Director	$0	$0	$0
MARY BETH ANTON	SECRETARY	0.57	Officer Director	$0	$0	$0
BEVERLY HELFERICH	TREASURER	0.57	Officer Director	$0	$0	$0
SCOTT STEPHENS	ASSISTANT TR	0.46	Officer Director	$0	$0	$0
MARION BRYANT	DIRECTOR	0.46	Director	$0	$0	$0
BRITTANY HALBERT	DIRECTOR	0.46	Director	$0	$0	$0
MAURICE LOPEZ	DIRECTOR	0.23	Director	$0	$0	$0
MARCY MADRID	DIRECTOR	0.19	Director	$0	$0	$0
ELIEL ROSA	DIRECTOR	0.23	Director	$0	$0	$0
RAYLEE STARNES TILLEY	DIRECTOR	0.23	Director	$0	$0	$0
KATHRYN WHITE	DIRECTOR	0.03	Director	$0	$0	$0
LEXIE WILLINGHAM	DIRECTOR	0.26	Director	$0	$0	$0
DEBORAH GOODMAN	CEO	40.00	Officer	$217,123	$19,021	$236,144
GLENDA MOORE	FINANCE DIRE	40.00	Officer	$91,483	$11,492	$102,975
JACQUE BURKLOW	COO	40.00	Highest	$153,411	$9,532	$162,943
SARAH HINER	CASE MANAGER	40.00	Highest	$153,067	$6,956	$160,023

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	$9,917,669	$10,395,247	$8,971,231	$-477,578
2024	$8,238,266	$6,461,897	$9,569,526	$1,776,369
2023	$7,696,916	$7,584,514	$7,792,242	$112,402
2022	$8,646,353	$7,985,915	$5,635,523	$660,438
2021	$6,980,948	$5,876,609	$5,371,564	$1,104,339
2020	$6,451,518	$5,576,215	$5,033,682	$875,303
2019	$5,843,550	$6,121,960	$2,889,879	$-278,410

HOSPICE OF MIDLAND INC