Faith Hospice

Nonprofit profile at a glance

EIN
383062893
IRS 990 coverage
2019–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025
Location
Byron Center, MI, US
Phone
(616) 235-5100
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Home Health Care

Official website

Reported finances

Revenue
$30,202,837
Expenses
$28,043,280
Assets
$31,994,887
Liabilities
$1,993,397

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • Troy Vugteveen (President/CEO, Director)
  • Kimberly Holton (Executive Director)

Highest reported compensation

  • Troy Vugteveen (President/CEO, Director): $494,077 total reported compensation
  • Michael Dozeman (Physician): $311,789 total reported compensation
  • David Tiesenga (Chief Strategy Officer): $308,452 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide compassionate hospice care that enhances the quality of life for patients and their loved ones through physical, emotional, and spiritual support.

What it reported doing in 2025

Provision of hospice services throughout the Western Michigan community to more than 2,000 patients, most of whom were Medicare or Medicaid recipients. The organization provides benevolence where needed, for patients who do not qualify for Medicare or Medicaid and cannot afford the full cost of the services provided.

Operating model

Revenue model
Other-operating. 94% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 84
  • Accountability: 91
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.6%; rating input score 84
  • Program expense ratio: 89.6%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.3%; rating input score 93; 22nd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.2%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 1.14; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 4.9% per year; rating input score 100; 39th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 69th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 83.6% of revenue deployed · 89.6% of spending went to programs
  • Governance: 14 of 15 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $25.1M in reported program spending
  • Leadership: top reported pay $494K · 23 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $8.2M reported
  • Consistency: 45 of 45 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 11 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 51/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.