Morselife Hospice Institute Inc
Nonprofit profile at a glance
- EIN
- 800730376
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- West Palm Beach, FL, USA
- Phone
- 5614715111
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $15,114,867
- Expenses
- $16,673,594
- Assets
- $9,092,906
- Liabilities
- $6,188,735
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- KEITH MYERS (CEO, PRESIDENT)
Highest reported compensation
- PAOLA POUPONNEAU-NISBETT (SR. VP OF COMMUNITY): $352,669 total reported compensation
- THOMAS SWOPE (HOSPICE OPERATIONS DIRECTOR): $316,642 total reported compensation
- VICTOR ARVIZU BECERRA (NURSE PRACTITIONER): $137,149 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The filing organization's mission is to provide outstanding, dignified care for terminally ill patients by minimizing their suffering, enhancing their comfort, and supporting families while upholding hospice's life celebrating values.
What it reported doing in 2024
Morselife hospice institute, inc. Provides physical, emotional, and spiritual support to terminally ill patients as well as their families and loved ones. The hospice program is certified by cms (centers for medicare and medicaid services). Services include clinical monitoring, compassionate care and medication management, nursing care, bereavement, spiritual counseling, and care coordination. Services are available up to a year after a patient expires.
Operating model
- Revenue model
- Other-operating. 96% 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: 60
- Transparency & Controls: 69
- Accountability: 89
- Sustainability: 17
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.9%; rating input score 70
- Program expense ratio: 63.3%; rating input score 63
- 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: 90.5%; rating input score 90; 23rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: -10.3%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.55; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.68; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 6.5%; rating input score 39; 39th percentile among comparable filings
Growth
- Program expense growth: 28.9% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 29.9% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 22.8% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 69.9% of revenue deployed · 63.3% of spending went to programs
- Governance: 19 of 21 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $10.6M in reported program spending
- Leadership: top reported pay $353K · 29 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.1M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 7 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 10/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- Moderate — Sustainability: Officer compensation ratio scored 39/100.