MorseLife Health System

Legal name: Joseph L Morse Health Center Inc

Nonprofit profile at a glance

EIN
592120896
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
West Palm Beach, FL, US
Phone
(561) 570-2820
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nursing, Convalescent Facilities
Affiliation
Judaism

Official website

Reported finances

Revenue
$39,596,070
Expenses
$45,270,685
Assets
$54,523,573
Liabilities
$43,622,977

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

Leadership & pay

19 people listed

Executive titles in this filing

  • KEITH MYERS (CEO, PRESIDENT)

Highest reported compensation

  • KARL DHANA (SENIOR VP OF MEDICAL AFFAIRS): $706,283 total reported compensation
  • TRISHA HEWES (SENIOR VP OF MARKETING): $463,453 total reported compensation
  • LEENA GEEVARGHESE (SENIOR VP OF CLINICAL SERVICES): $323,868 total reported compensation

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

Overview

Mission

Dedicated to providing the most enlightened and compassionate continuum of care to seniors on our campus and throughout Palm Beach County in the spirit of Jewish traditions.

What it reported doing in 2024

The institute for geriatric research has a formal academic relationship with the university of miami school of geriatric medicine, Florida atlantic university (fau) and nova southeastern university. Post-doctoral medical students from the university of miami rotate through the facility each month. Medical students from fau, and nova are placed at the morse geriatric campus for clinical rotations. The institute has field work and preceptor relations in all the allied health professions including nursing, social work, physical therapy, occupational therapy, nutrition, and counseling. The institute has completed original research on topics ranging from enhancing nutrition, remote wireless monitoring, and workforce recruitment and retention strategies. See schedule o for additional information. The institute has written and/or collaborated to write grants demonstrating best practices with both private and public foundations. The morselife learning institute was developed to provide training to residents, family members, and professionals.

Operating model

Revenue model
Other-operating. 97% 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

SUPPORTED - 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 69
  • Accountability: 90
  • Sustainability: 23
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.3%; rating input score 95
  • Program expense ratio: 83.4%; rating input score 83
  • 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: 81.8%; rating input score 82; 16th 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: NotApplicable
    • 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: -14.3%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 1.2; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 5.3%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 1.7% per year; rating input score 100; 18th percentile among comparable filings
  • Revenue growth: 0.7% per year; rating input score 100; 11th percentile among comparable filings
  • Asset growth: 2.3% per year; rating input score 100; 19th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 95.3% of revenue deployed · 83.4% of spending went to programs
  • Governance: 9 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $37.7M in reported program spending
  • Leadership: top reported pay $706K · 19 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $7.5M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 9 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 — Sustainability: Operating margin scored 7/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.