Hospice Cup Inc

Nonprofit profile at a glance

EIN
541226141
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2013, Form 990-EZ 2024
Location
Annapolis, MD, USA
Phone
0000000000
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Hospices

Reported finances

Revenue
$194,035
Expenses
$202,525
Assets
$19,235
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Molly Wilmer (President)
  • Meredith Glacken (Executive Director)

People named in this filing

  • Molly Wilmer (President)
  • Meredith Glacken (Executive Director)
  • Christine Lasser (Fundraising Coordinator)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hospice Cup raises funds for and awareness of hospice care Funds raised are used to help participating hospice care organizations to continue to offer quality end-of-life care to all who seek it

What it reported doing in 2024

Hospice Cup fundraising efforts primarily through its annual sailing regatta and related activities allowed the distribution of 835000 to four participating regional hospice care organizations

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for grants.

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: 100
  • Transparency & Controls: 100
  • Sustainability: 25
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -4.4%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 19.8%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 2.8% per year; rating input score 100; 39th percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: -7.8% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $203K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • 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 — Sustainability: Operating margin scored 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.