Tidewell Hospice Inc

Nonprofit profile at a glance

EIN
591911861
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Lakewood Ranch, FL, USA
Phone
9415525900
Rating
80
Verdict
STRONG
Rating confidence
Standard
Sector
Hospices

Official website

Reported finances

Revenue
$120,756,611
Expenses
$111,106,854
Assets
$58,210,994
Liabilities
$20,662,474

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

Leadership & pay

19 people listed

Executive titles in this filing

  • JONATHAN FLEECE (PRESIDENT/CEO)

Highest reported compensation

  • JONATHAN FLEECE (PRESIDENT/CEO): $792,410 total reported compensation
  • TARRAH L LOWRY (CHIEF OPERATING OFFICER): $671,396 total reported compensation
  • SAIDA BOUHAMID (CFO): $508,497 total reported compensation

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

Overview

Mission

Tidewell hospice's mission is helping people live well by providing care, comfort and compassion. While honoring human dignity and personal choice, tidewell treats the whole person through quality end-of-life programs that fulfill physical, emotional and spiritual needs.

What it reported doing in 2024

Complementary services used together with conventional medicine, these therapies reduce stress, relieve pain and create distraction and opportunities for joy. Programs include: expressive art, a type of art that is not concerned with the end result, but rather with the creative process. It diverts the patient's attention from stressful symptoms. Music therapy brings the body into harmony and encourages a release of endorphins which help stop pain. Horticultural activities uses plants and gardening activities to reduce stress and discomfort, alleviate depression and feelings of boredom and loneliness. Pet therapy brings back memories of favorite pets and triggers discussion. Tidewell's clowns visit area nursing homes and assisted living facilities to bring cheer and laughter. Aromatherapy uses essential oils to benefit the mind, body and spirit. They can be calming, antiseptic, stimulating and meditative. Therapeutic massage, reiki and caring touch contribute to pain and stress management and evoke relaxation.

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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 71
  • Accountability: 100
  • Sustainability: 51
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.6%; rating input score 78
  • Program expense ratio: 84.3%; rating input score 84
  • Fundraising efficiency: $56.21 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th 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: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 77th 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: 8%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0.52; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.35; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 1.5%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 3.4% per year; rating input score 100; 25th percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 11th percentile among comparable filings
  • Asset growth: -11.8% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 77.6% of revenue deployed · 84.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $93.7M in reported program spending
  • Leadership: top reported pay $792K · 19 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $15.4M reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 24 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: Total-asset coverage ratio scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.