Hopehealth Massachusetts Inc

Nonprofit profile at a glance

EIN
042681561
IRS 990 coverage
2010–2019
Forms available
Form 990 2019
Location
Brockton, MA, USA
Phone
5089570200
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Hospices

Reported finances

Revenue
$1,094,280
Expenses
$1,223,504
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • DIANA FRANCHITTO (PRESIDENT & CEO)

Highest reported compensation

  • DIANA FRANCHITTO (PRESIDENT & CEO): $537,420 total reported compensation
  • EDWARD MARTIN (CMO): $430,752 total reported compensation
  • ADDY KANE (CFO): $335,987 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hopehealth Massachusetts, inc. Provided services that enhanced the comfort and quality of life for patients and families experiencing the impact of serious illness and loss.

What it reported doing in 2019

Hopehealth Massachusetts, inc. ("hh-ma") ceased providing its outpatient hospice operations serving the cape cod and island communities and its inpatient hospice services at the mccarthy care center ("mcc") effective january 31, 2019. Subsequent to receiving approval from the Massachusetts supreme judicial court, hh-ma transferred mcc property to cape cod healthcare ("cchc") on september 24, 2019. Hh-ma ceased operating as a separate legal entity and merged it's operations into hope health & palliative care Rhode Island ("hhhpc").prior to ceasing activities hh-ma touched the lives of people coping with serious illness with dedicated services and special support. (see schedule o) hopehealth Massachusetts, inc. Served thousands of people each year delivering a wide range of services throughout eastern Massachusetts. Focusing on providing innovative care with the utmost skill, compassion and respect. Established in 1981 as hospice of cape cod, hh-ma was one of the nation's pioneer programs with services including hope hospice, hope care for kids, hope dementia & alzheimer's services and hope academy.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program 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

MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 60
  • Accountability: 42
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.1%; rating input score 93
  • Program expense ratio: 83.6%; rating input score 84
  • Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 9 of 9 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: 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: -11.8%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 23.2%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -18.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -9.3% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -5% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 93.1% of revenue deployed · 83.6% of spending went to programs
  • Governance: 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1M in reported program spending
  • Leadership: top reported pay $537K · 21 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $156K reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 9 filing years from 2010 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 3 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 1/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.