Niagara Hospice Alliance Inc
Nonprofit profile at a glance
- EIN
- 261101852
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-EZ 2018
- Location
- Lockport, NY, USA
- Phone
- 7164394417
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Hospices
Reported finances
- Revenue
- $3,407,191
- Expenses
- $3,368,570
- Assets
- $2,603,381
- Liabilities
- $366,994
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Highest reported compensation
- JAY NEWMAN (HOSPICE PHYSICIAN): $321,211 total reported compensation
- RICHARD CASTALDO (MEDICAL DIRECTOR): $300,552 total reported compensation
- EDWARD O'BRIEN (HOSPICE PHYSICIAN): $242,668 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote and provide financial and other support services and related assistance to the programs of the hospice and palliative care group, inc. D/b/a, the homecare partners and its affiliated corporations or their successors. For this purpose, the corporation shall seek, receive, hold, maintain, invest, and reinvest money and other real and personal property.
What it reported doing in 2024
Contracted services arrangement with niagara hospice, inc.
Operating model
- Revenue model
- Earned-program. 99% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.8%; rating input score 88
- Program expense ratio: 89.9%; rating input score 90
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 0; 0th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- 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: 1.1%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 35.6%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 24.7% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 14.1% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 17.8% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 87.8% of revenue deployed · 89.9% of spending went to programs
- Governance: 3 of 3 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3M in reported program spending
- Leadership: top reported pay $321K · 10 people listed · 6 of 6 pay-setting controls reported
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 10 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Fundraising efficiency scored 0/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.