Harbor Hospice Foundation

Nonprofit profile at a glance

EIN
472115941
IRS 990 coverage
2015–2025
Forms available
Form 990 2025, Form 990-EZ 2015, Form 990-N 2013
Location
Muskegon, MI, USA
Rating
67
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Single Organization Support

Reported finances

Revenue
$2,421,294
Expenses
$959,251
Assets
$19,699,790
Liabilities
$5,825

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

Leadership & pay

12 people listed

Executive titles in this filing

  • SUSAN HOUSEMAN (PRESIDENT)

Highest reported compensation

  • SUSAN HOUSEMAN (PRESIDENT): $198,598 total reported compensation

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

Overview

Mission

Harbor hospice foundation's purpose is to support activities of its nonprofit affiliated corporation, hospice of muskegon county, inc., also known as harbor hospice. In so doing, it shall provide relief of the poor, the distressed and the underprivileged and also provide for a lessening of the burdens of government.

What it reported doing in 2025

Harbor hospice foundation's purpose is to support activities of its nonprofit affiliated corporation, hospice of muskegon county, inc., also known as harbor hospice. In doing so, it shall provide relief of the poor, the distressed and the underprivileged and also provide for a lessening of the burdens of government.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 83% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 80
  • Accountability: 100
  • Sustainability: 91
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.8%; rating input score 39
  • Program expense ratio: 48.9%; rating input score 49
  • Fundraising efficiency: $2.48 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 60.4%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 20.54; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 21.1% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: -0.7% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 8% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 38.8% of revenue deployed · 48.9% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $469K in reported program spending
  • Leadership: top reported pay $199K · 12 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 49/100.
  • High — Financial Efficiency: Fundraising efficiency scored 5/100.
  • High — Growth: Revenue growth scored 0/100.