Hospice of Wichita Falls Inc (EIN 751959654) - 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

1985

Legal Domicile

Principal Officer

Alisa Echols

Phone

9406910982

Tax Period

2024-01-01 to 2024-12-31

Hospice of Wichita Falls Inc, founded in 1985, is a mid-sized nonprofit in the Human Services sector that reported $23.2M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

Care, hope, and support for all when illness threatens life.

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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 $3,035,349

Program Service Revenue $18,701,147

Investment Income $1,021,112

Other Revenue $487,253

TOTAL REVENUE $23,244,861

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,207,896

Fundraising Expenses $515,999

Program Expenses $19,459,281

Other Expenses $6,427,686

TOTAL EXPENSES $23,635,582

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,244,861	$24,892,873	-0.1%
Expenses	$23,635,582	$21,702,066	+0.1%
Net Income	$-390,721	$3,190,807	-1.1%

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

323

Volunteers

205

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

$349,984

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Scott Flinn	Director	2.00	Director	$0	$0	$0
James Williamson	Chair	2.00	Officer Director	$0	$0	$0
Shana Vordenbaum	1st Vice Chair	2.00	Officer Director	$0	$0	$0
Rosie Flanigan	Director	2.00	Director	$0	$0	$0
Lynda Hillery	Director	2.00	Director	$0	$0	$0
Lee Ann Haines	Director	2.00	Director	$0	$0	$0
Justin Brom	Director	2.00	Director	$0	$0	$0
Shunta McFadden	Director	2.00	Director	$0	$0	$0
Randy Martin	Director	2.00	Director	$0	$0	$0
Lee Murchison	Director	2.00	Director	$0	$0	$0
Dr Beverly Stiles	Director	2.00	Director	$0	$0	$0
Tarvarus C Sanders	Director	2.00	Director	$0	$0	$0
Ann Gunn	2nd Vice Chair	2.00	Officer Director	$0	$0	$0
Dr Brian Hull	Director	2.00	Director	$0	$0	$0
Dr Tessa Menchaca	Director	2.00	Director	$0	$0	$0
Dr Kevin Thomas	Director	2.00	Director	$0	$0	$0
Jeff Morton	Director	2.00	Director	$0	$0	$0
Kristi McCasland	Director	2.00	Director	$0	$0	$0
John Barnard	Director	2.00	Director	$0	$0	$0
Lori Murphy	Secretary	2.00	Officer Director	$0	$0	$0
Alisa Echols	Chief Executive Officer	50.00	Officer	$201,525	$17,149	$218,674
Derek Francis	Director of Finance	50.00	Officer	$122,687	$8,623	$131,310
Kimberley Killian	Director of Clinical Servi	50.00	Highest	$132,014	$16,288	$148,302
Michelle Watson	Palliative Care Nurse Prac	40.00	Highest	$136,254	$9,650	$145,904
Jennifer Donley	Pharmacist	30.00	Highest	$136,225	$24,474	$160,699

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	$23,244,861	$23,635,582	$37,067,188	$-390,721
2023	$24,892,873	$21,702,066	$37,005,432	$3,190,807
2022	$17,906,566	$19,910,065	$32,611,231	$-2,003,499
2021	$19,733,054	$18,123,367	$37,472,093	$1,609,687
2020	$19,677,596	$17,796,114	$33,536,431	$1,881,482
2019	$18,540,602	$16,873,693	$29,998,634	$1,666,909
2018	$27,674,950	$16,439,418	$27,065,401	$11,235,532

Hospice of Wichita Falls Inc