MORSELIFE HOSPICE INSTITUTE INC (EIN 800730376) - 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

2011

Legal Domicile

Phone

5614715111

Tax Period

2024-06-01 to 2025-05-31

MORSELIFE HOSPICE INSTITUTE INC, founded in 2011, is a mid-sized nonprofit in the Health Care sector that reported $15.1M in total revenue in fiscal year 2024. Revenue surged 143% from the prior year, signaling strong growth momentum. Expenses of $16.7M exceeded revenue, resulting in a 10% operating deficit.

Mission

PROVIDES HOSPICE SERVICES TO PALM BEACH COUNTY RESIDENTS

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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 $678,805

Program Service Revenue $14,436,011

Investment Income $51

Other Revenue $0

TOTAL REVENUE $15,114,867

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,718,122

Fundraising Expenses $0

Program Expenses $10,557,964

Other Expenses $8,955,472

TOTAL EXPENSES $16,673,594

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,114,867	$6,224,615	+1.4%
Expenses	$16,673,594	$8,012,948	+1.1%
Net Income	$-1,558,727	$-1,788,333	-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

118

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

$352,669

Total Directors

Key Employees

$316,642

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH MYERS	CEO, PRESIDENT	2.0	Officer Director	$0	$0	$0
RANDY WOLAN	CFO	2.0	Officer Director	$0	$0	$0
TERRI SRIBERG	CHAIRMAN	2.0	Officer Director	$0	$0	$0
VICKI LORING	TREASURER/SECRETARY	2.0	Officer Director	$0	$0	$0
ANDREW SANKIN	DIRECTOR	2.0	Director	$0	$0	$0
ARTHUR LORING	DIRECTOR	2.0	Director	$0	$0	$0
BETH GOLDBERG	DIRECTOR	2.0	Director	$0	$0	$0
CYNTHIA HIRSCH	DIRECTOR	2.0	Director	$0	$0	$0
DAVID MOSCOW	DIRECTOR	2.0	Director	$0	$0	$0
DEAN ROSENBACH	DIRECTOR	2.0	Director	$0	$0	$0
DEBORAH ROBBINS	DIRECTOR	2.0	Director	$0	$0	$0
EILEEN BERMAN	DIRECTOR	2.0	Director	$0	$0	$0
FRANCINE KITTREDGE	DIRECTOR	2.0	Director	$0	$0	$0
HEIDI HOROWITZ	DIRECTOR	2.0	Director	$0	$0	$0
JOHN LEVIN	DIRECTOR	2.0	Director	$0	$0	$0
JUDITH SCHLAGER	DIRECTOR	2.0	Director	$0	$0	$0
MARILYN KATZ	DIRECTOR	2.0	Director	$0	$0	$0
RICHARD COMITER	DIRECTOR	2.0	Director	$0	$0	$0
SHEILA APPLESTEIN	DIRECTOR	2.0	Director	$0	$0	$0
STANLEY KATZ	DIRECTOR	2.0	Director	$0	$0	$0
WENDY LEVY	DIRECTOR	2.0	Director	$0	$0	$0
PAOLA POUPONNEAU-NISBETT	SR. VP OF COMMUNITY	10.0	Officer	$0	$5,200	$352,669
THOMAS SWOPE	HOSPICE OPERATIONS DIRECTOR	40.0	Key Emp	$287,892	$28,750	$316,642
SORINA GALIMBA	NURSE PRACTITIONER	40.0	Highest	$114,206	$9,448	$123,654
SUFANA AL KHUNAIZI	PHYSICIAN	40.0	Highest	$112,711	$4,947	$117,658
TANYA HAWKINS	DIRECTOR OF CLINICAL SERVICE	40.0	Highest	$116,054	$10,050	$126,104
VICTOR ARVIZU BECERRA	NURSE PRACTITIONER	40.0	Highest	$130,694	$6,455	$137,149
XIMENA MORALES	PHYSICIAN	40.0	Highest	$124,891	$10,293	$135,184
MELISSA FERNANDEZ	FORMER DIRECTOR OF HOUSING MARKET	40.0		$106,722	$14,834	$121,556

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	$15,114,867	$16,673,594	$9,092,906	$-1,558,727
2024	$6,224,615	$8,012,948	$5,159,327	$-1,788,333
2023	$4,190,612	$4,963,487	$4,307,687	$-772,875
2022	$3,213,853	$4,698,534	$2,892,854	$-1,484,681
2021	$3,600,230	$4,702,717	$1,352,095	$-1,102,487
2020	$689,371	$2,220,647	$8,467,719	$-1,531,276
2019	No data	$264,750	$982,516	No data

MORSELIFE HOSPICE INSTITUTE INC