Civic Intelligence

Gulfside Hospice Inc

EIN 59-2911669 • 501(c)3 • Land Olakes, FL

Profile

Gulfside hospice, inc. Provides quality hospice care to terminally ill patients and their families who are in need of the services regardless of race, color, creed, gender or national origin.

2061 Collier ParkwayLand Olakes, FL 34639

www.gulfside.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.09x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

21st percentile

0.10x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

70th percentile

14%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

17th percentile

-3.1%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-2.1%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$54,630,178

Down $1,775,636 (-3.1%) from 2023

Liabilities

Down

$5,169,782

Down $997,888 (-16%) from 2023

Net Assets

Down

$49,460,396

Down $777,748 (-1.5%) from 2023

Revenue

Down

$49,296,286

Down $1,068,559 (-2.1%) from 2023

Expenses

Down

$42,321,354

Down $2,757,527 (-6.1%) from 2023

Net Income

Up

$6,974,932

Up $1,688,968 (+32%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $10,863,889Liabilities 2011: $6,795,091Net Assets 2011: $4,068,7982011Assets 2012: $12,552,827Liabilities 2012: $6,361,346Net Assets 2012: $6,191,4812012Assets 2013: $13,936,595Liabilities 2013: $5,805,972Net Assets 2013: $8,130,6232013Assets 2014: $14,100,269Liabilities 2014: $5,793,001Net Assets 2014: $8,307,2682014Assets 2015: $14,557,776Liabilities 2015: $6,674,068Net Assets 2015: $7,883,7082015Assets 2016: $13,571,699Liabilities 2016: $6,107,842Net Assets 2016: $7,463,8572016Assets 2017: $14,668,970Liabilities 2017: $6,296,356Net Assets 2017: $8,372,6142017Assets 2018: $15,259,451Liabilities 2018: $5,834,827Net Assets 2018: $9,424,6242018Assets 2019: $17,733,137Liabilities 2019: $6,766,284Net Assets 2019: $10,966,8532019Assets 2020: $24,975,583Liabilities 2020: $12,299,546Net Assets 2020: $12,676,0372020Assets 2021: $48,698,055Liabilities 2021: $5,748,653Net Assets 2021: $42,949,4022021Assets 2022: $56,821,285Liabilities 2022: $3,642,416Net Assets 2022: $53,178,8692022Assets 2023: $56,405,814Liabilities 2023: $6,167,670Net Assets 2023: $50,238,1442023Assets 2024: $54,630,178Liabilities 2024: $5,169,782Net Assets 2024: $49,460,3962024

Highlighted filing

2024

Assets$54,630,178
Liabilities$5,169,782
Net Assets$49,460,396

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $20,902,7222011Expenses 2012: $21,424,3312012Revenue 2013: $29,013,893Expenses 2013: $27,074,750Net Income 2013: $1,939,1432013Revenue 2014: $27,134,773Expenses 2014: $26,958,128Net Income 2014: $176,6452014Revenue 2015: $27,342,903Expenses 2015: $27,766,463Net Income 2015: -$423,5602015Revenue 2016: $25,821,953Expenses 2016: $26,241,804Net Income 2016: -$419,8512016Revenue 2017: $28,541,411Expenses 2017: $27,632,654Net Income 2017: $908,7572017Revenue 2018: $29,705,154Expenses 2018: $28,652,969Net Income 2018: $1,052,1852018Revenue 2019: $35,229,855Expenses 2019: $33,687,626Net Income 2019: $1,542,2292019Revenue 2020: $42,757,987Expenses 2020: $41,048,803Net Income 2020: $1,709,1842020Revenue 2021: $52,434,247Expenses 2021: $33,709,556Net Income 2021: $18,724,6912021Revenue 2022: $50,896,842Expenses 2022: $33,068,369Net Income 2022: $17,828,4732022Revenue 2023: $50,364,845Expenses 2023: $45,078,881Net Income 2023: $5,285,9642023Revenue 2024: $49,296,286Expenses 2024: $42,321,354Net Income 2024: $6,974,9322024

Highlighted filing

2024

Revenue$49,296,286
Expenses$42,321,354
Net Income$6,974,932

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.6$5.17$49.5$49.3$42.3$6.97
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.4$6.17$50.2$50.4$45.1$5.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.8$3.64$53.2$50.9$33.1$17.8
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.7$5.75$42.9$52.4$33.7$18.7
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.0$12.3$12.7$42.8$41.0$1.71
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.7$6.77$11.0$35.2$33.7$1.54
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.3$5.83$9.42$29.7$28.7$1.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$6.30$8.37$28.5$27.6$0.91
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.6$6.11$7.46$25.8$26.2$0.42
2015Detailed filing. Detailed filing data is available for this year.$14.6$6.67$7.88$27.3$27.8$0.42
2014Summary only. Only limited summary data is available for this year.$14.1$5.79$8.31$27.1$27.0$0.18
2013Summary only. Only limited summary data is available for this year.$13.9$5.81$8.13$29.0$27.1$1.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$6.36$6.19$21.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$6.80$4.07$20.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$51,595,696
Mission and Program Overview

Mission

See schedule o.it is the mission of gulfside hospice & pasco palliative care toprovide compassionate, quality care to individuals and their lovedones as they face life-limiting illnesses. We will help our patientsto find relief from pain and suffering, so they may live each day with dignity, peace and comfort.

To provide quality end-of-life care to residents in need of the services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,992,903$11,442,652▲ $4,449,749
Accounts Receivable$4,267,663$6,083,208▲ $1,815,545
Cash and Non-Interest-Bearing Accounts$7,511,591$1,957,080▼ $5,554,511
Prepaid Expenses and Deferred Charges$324,305--
Intangible Assets$240,221$224,966▼ $15,255
Pledges and Grants Receivable$59,745$33,683▼ $26,062
Total Assets$56,405,814$54,630,178▼ $1,775,636
Other Assets Total$37,009,386$34,888,589▼ $2,120,797
Liabilities
Other Liabilities$3,213,651$2,146,011▼ $1,067,640
Accounts Payable and Accrued Expenses$1,319,371$1,167,395▼ $151,976
Tax Exempt Bond Liabilities-$958,169-
Mortgage Notes Payable Secured by Investment Property$1,634,648$898,207▼ $736,441
Total Liabilities$6,167,670$5,169,782▼ $997,888
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$50,101,071$49,318,736▼ $782,335
Net Assets With Donor Restrictions$137,073$141,660▲ $4,587
Total Net Assets Fund Balance$50,238,144$49,460,396▼ $777,748
Total Liabilities and Net Assets / Fund Balance$56,405,814$54,630,178▼ $1,775,636

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,621,518$4,375,106$6,996,624
Equipment$1,004,119$3,871,724$4,875,843
Other Land Buildings$4,826,614-$4,826,614
Land$2,697,945-$2,697,945
Leasehold Improvements$292,456$1,619,338$1,911,794
Other Assets Org$2,165,459--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel Heinig MdBoard Chair
Linda WardPresident/CEO
Allen CrumbleyFirst Vice Chair
Sola Adewunmi Ccma AmsSecond Vice Chair
Judith KoutsosDirector
Leigh MassengillDirector
Skip SkairusDirector
Stan Giannet PhdDirector Emeritus
Allison E MaughnChief Financial Officer
Lisa BarkerChief Medical Officer
Kathleen PostiglioneCOO/sr. VP Business Develo
Joan Nelson Hook EsqSecretary
Patricia Jones CPATreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Optum Hospice Pharmacy Services LLCPharmacy Supplies9900 BREN RD E, Minnetonka, MN 55343$1,866,311
Integra Healthcare Equipment Of TampaMedical Equipment321 WEST LAKE STREET SUITE C, Elmhurst, IL 60126$1,607,044
Dade City Health & Rehabilitation CenterNursing Home37135 COLEMAN AVENUE, Dade City, FL 33525$936,950
Heartland Of ZephyrhillsNursing Home38220 HENRY DR, Zephyrhills, FL 33542-7535$726,749
Avesta Healthcare LLC Dba Florida MedicaNon-emergency Patient Transportation1030 SPRING VILLAS POINT 1000, Winter Springs, FL 32708$614,945
Revenue and Support

Revenue Composition

Contributions and Grants
$2,850,391
Program Service Revenue
$46,423,954
Investment Income
$0
Other Revenue
$21,941
All Other Contributions
$2,777,566
Change in Net Assets
$6,974,932

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$2,272,125Fair Market Value
Other Non Cash Contri Table1$116,847Cost
Other Non Cash Contri Table1$15,172Cost
Total Noncash Contributions2$2,404,144-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,321,354
Total Fundraising Expense$359,482
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$28,808,443-$316,824$29,125,267
Occupancy$1,385,205--$1,385,205
Travel$372,613-$3,663$376,276
Depreciation Depletion$373,252--$373,252
Office Expenses$92,470-$14,521$106,991
Interest$71,985-$10,864$82,849
Information Technology$14,290--$14,290
Other Expenses$7,859-$719$8,578
All Other Expenses$7,991--$7,991
Conferences and Meetings$3,730-$596$4,326
Total Functional Expenses$41,961,872$0$359,482$42,321,354
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$49,226
Fundraising Direct Expenses$27,285
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fashion Show$35,274$13,774$10,335$3,439
Paulie Palooza$22,972$9,297$1,190$8,107
Total Events$122,051$49,226$27,285$21,941
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Lease Obligations$2,146,011

Bond Issues

BondIssuerIssuedIssue PricePurpose
APasco County Florida2023-12-14$12,009,200To fund the construction of new healthcare facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A--$310,426$251,143

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole member of gulfside hospice, inc. Is gulfside healthcare services, inc., a related tax-exempt organization.

Form 990, Part VI, Section A, Line 7A

The board of directors of gulfside healthcare services, inc., a related 501(c)(3) organization, has the authority to elect and remove members of the board of directors of the filing organization.

Form 990, Part VI, Section B, Line 11B

Gulfside healthcare services, inc.'s, a related tax-exempt organization, board treasurer and finance committee review the form 990 before recommending a vote to the board of directors to submit the return to the irs. After a majority vote of approval, the form 990 is submitted to the irs.

Form 990, Part VI, Section B, Line 12C

Directors, officers, and all employees of the filing organization sign a conflict of interest document. The board of directors along with management are watchful for any potential conflicts and when identified, will take action as necessary.

Form 990, Part VI, Section B, Line 15A

An appraisal of the ceo's performance is performed annually by the board of directors of gulfside healthcare services, inc., a related tax-exempt organization, who vote on the compensation amount. An appraisal of the officers and key employees' performance is performed annually by their immediate supervisor. Any pay increases are based on written policy guidelines.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Gulfside Hospice Inc
EIN
59-2911669
Phone
7278455707
Address
2061 COLLIER PARKWAY, LAND OLAKES, FL 34639

Signing Officer

Name
Linda L Ward
Title
Chief Executive Officer
Phone
7278455707
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda L Ward
Formed
1988
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
9
Employees
0
Volunteers
213

Preparer

Firm
Forvis Mazars Llp
Address
255 S ORANGE AVENUE SUITE 600, ORLANDO, FL 32801
Preparer
Peter C Gubler
Phone
4077405400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Salaries and benefits allocation: program service expenses 15,063,524. Management and general expenses 0. Fundraising expenses 245,695. Total expenses 15,309,219. Contract services: program service expenses 948,967. Management and general expenses 0. Fundraising expenses 41,319. Total expenses 990,286. Consulting fees: program service expenses 66,771. Management and general expenses 0. Fundraising expenses 29,810. Total expenses 96,581. Patient care services: program service expenses 12,729,181. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,729,181.

FORM 990, PART XI, LINE 9:

Net assets transfer to related tax-exempt organization -7,752,680.

Form 990, Part XII, Line 2C

The board of directors is responsible for the oversight of the audit and selection of an independent accountant. This process has not changed in any way from the prior year.

Financial Statement Notes

PART X, LINE 2:

Gulfside hospice, inc. Is included in consolidated financial statements. The consolidated financial statements contain the following footnote: gulfside healthcare services and gulfside hospice have been recognized by the internal revenue service as tax-exempt organizations under section 501(c)(3) of the internal revenue code. Gulfside home health and gulfside palliative care are disregarded entities for federal income tax purposes. Accordingly, income earned in furtherance of the organization's tax-exempt purpose is exempt from federal and state income taxes and, therefore, these consolidated financial statements include no provision or liability for income taxes.

Raw XML AppendixShowing 400 of 703 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE FILING ORGANIZATION PROVIDES COMPASSIONATE, QUALITY CARE TO INDIVIDUALS AND THEIR LOVED ONES AS THEY FACE LIFE-LIMITING ILLNESSES. THE ORGANIZATION ASSISTS PATIENTS IN FINDING RELIEF FROM PAIN AND SUFFERING TO ENSURE THEY LIVE EACH DAY WITH DIGNITY, PEACE, AND COMFORT.
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