Hospice of the Twin Cities Inc

Nonprofit profile at a glance

EIN
030464240
IRS 990 coverage
2010–2015
Forms available
Form 990 2015
Location
Minneapolis, MN, USA
Phone
7635312424
Rating
57
Verdict
MIXED
Rating confidence
Moderate
Sector
Hospices

Official website

Reported finances

Revenue
$3,869,837
Expenses
$4,223,679
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • JON PRYOR (BOARD CHAIR/PRESIDENT OF CORPORATION)
  • JEN VAN LIEW (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • JON PRYOR (BOARD CHAIR/PRESIDENT OF CORPORATION): $890,180 total reported compensation
  • LARRY KRYZANIAK (BOARD TREASURER, SECRETARY): $508,289 total reported compensation
  • KATHY WILDE (BOARD VICE CHAIR): $416,779 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hospice of the twin cities strives to enhance the quality of life for our patients, their families and caregivers by providing respectful care based on maintaining dignity, and alleviating physical, psychosocial and spiritual suffering.

What it reported doing in 2015

Hospice of the twin cities AIDS individuals on their human journey through life into death. Hospice helps transition patients and families along this path by offering comprehensive care focused on easing the physical, emotional, and spiritual pain that often accompanies terminal illness. Services are provided wherever the patient calls home, be that a private home, apartment complex, assisted living, group home or long-term care facility. Care offered to residents of long-term care facilities who are facing a terminal illness is carried out in partnership with the facility staff. The hospice team provides state-of-the-art symptom management, as well as emotional and spiritual support for residents and their families. In 2015, they served 378 patients and made 13,106 visits. There were 179 bereavement visits and 32 groups held. Hospice utilized 68 volunteers that provided 1,149 hours. Prior to closing, hospice of the valley served 25 patients and made 873 visits.

Operating model

Revenue model
Earned-program. 94% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 65
  • Accountability: 32
  • Sustainability: 11
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.7%; rating input score 89
  • Program expense ratio: 82.3%; rating input score 82
  • Fundraising efficiency: Limited

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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9.1%; rating input score 12; 12th 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: 5.1%; rating input score 46; 46th percentile among comparable filings

Growth

  • Program expense growth: -16.3% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -13.2% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -11.5% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 88.7% of revenue deployed · 82.3% of spending went to programs
  • Governance: 0 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.5M in reported program spending
  • Leadership: top reported pay $890K · 7 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $303K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 6 filing years from 2010 to 2015
  • Contacts: How to reach this organization
  • 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 — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 46/100.