NorthStar Palliative Care Inc

EIN: 822430786 501(c)(3) Health Care

Ann Arbor, MI

Total Revenue
$340,517
Total Expenses
$1,006,702
Total Assets
$685,816
Net Assets
$-1,745,859
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MI
Phone
3135785000
Tax Period
2023-01-01 to 2023-12-31

NorthStar Palliative Care Inc, founded in 2017, is a small nonprofit in the Health Care sector that reported $341K in total revenue in fiscal year 2023. Expenses of $1.0M exceeded revenue, resulting in a 196% operating deficit.

Mission

NORTHSTAR PALLIATIVE CARE WAS FORMED TO DEVELOP AND OPERATE A PROGRAM TO PROVIDE PALLIATIVE CARE CONSISTING OF INTEGRATIVE HEALTH CARE AND RELATED SERVICES INTENDED TO OPTIMIZE THE QUALITY OF LIFE DURING THE COURSE OF ADVANCED ILLNESS BY ANTICIPATING, ALLEVIATING, AND TREATING SUFFERING IN A HOME-BASED ENVIRONMENT, EITHER IN CONJUNCTION WITH OR INDEPENDENT OF CURATIVE OR LIFE PROLONGING CARE.

Program Service Accomplishments

Program 1
Expenses: $1,005,702 Revenue: $339,104

NORTHSTAR PALLIATIVE CARE PROVIDES IN-HOME CONSULTATIVE SERVICE TO RELIEVE PAIN AND OTHER SYMPTOMS DUE TO SERIOUS ILLNESS AND IMPROVE QUALITY OF LIFE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $339,104
Investment Income $1,413
Other Revenue $0
TOTAL REVENUE $340,517

Expense Breakdown

Grants Paid $0
Salaries & Benefits $941,725
Fundraising Expenses $0
Program Expenses $1,005,702
Other Expenses $64,977
TOTAL EXPENSES $1,006,702

Year-over-Year Comparison

2023 2022 Change
Revenue $340,517 $321,530 +0.1%
Expenses $1,006,702 $649,819 +0.5%
Net Income $-666,185 $-328,289 +1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$1,479,683
Total Directors
5
$1,479,683
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Executive VP/Chief Financial Officer 1.0
Officer Director
$0 $20,514 $528,359
N/A President & Chief Executive Officer 1.0
Officer Director
$0 $27,829 $951,324
N/A Vice Chair 1.0
Officer Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$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 $340,517 $1,006,702 $685,816 $-666,185
2022 $321,530 $649,819 $349,443 $-328,289
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NorthStar Palliative Care Inc with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.