Civic Intelligence

Texas Hospice Organization Inc.

990 • Fiscal year 2016 • EIN 75-1870672

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 06, 2017

1108 LavacaAustin, TX 78701

(512) 454-1247

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.11x

Higher debt load relative to assets than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

0.26x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

77th percentile

$122,867

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 28.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

42nd percentile

-0.6%

Faster asset growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-20%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,032,405

Down $5,962 (-0.6%) from 2015

Net Assets

Down

$919,357

Down $10,255 (-1.1%) from 2015

Liabilities

Up

$113,048

Up $4,293 (+3.9%) from 2015

Revenue

Down

$427,862

Down $106,665 (-20%) from 2015

Expenses

Down

$477,880

Down $22,740 (-4.5%) from 2015

Net Income

Down

-$50,018

Down $83,925 (-248%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $756,497Liabilities 2010: $61,426Net Assets 2010: $695,0712010Assets 2011: $823,586Liabilities 2011: $77,893Net Assets 2011: $745,6932011Assets 2012: $850,456Liabilities 2012: $54,894Net Assets 2012: $795,5622012Assets 2013: $975,043Liabilities 2013: $75,352Net Assets 2013: $899,6912013Assets 2014: $1,024,388Liabilities 2014: $65,790Net Assets 2014: $958,5982014Assets 2015: $1,038,367Liabilities 2015: $108,755Net Assets 2015: $929,6122015Assets 2016: $1,032,405Liabilities 2016: $113,048Net Assets 2016: $919,3572016Assets 2017: $1,156,914Liabilities 2017: $112,953Net Assets 2017: $1,043,9612017Assets 2018: $1,107,761Liabilities 2018: $117,160Net Assets 2018: $990,6012018Assets 2019: $1,340,051Liabilities 2019: $117,696Net Assets 2019: $1,222,3552019Assets 2020: $1,593,398Liabilities 2020: $97,530Net Assets 2020: $1,495,8682020Assets 2021: $1,790,491Liabilities 2021: $136,691Net Assets 2021: $1,653,8002021Assets 2022: $1,750,646Liabilities 2022: $199,417Net Assets 2022: $1,551,2292022Assets 2023: $2,196,066Liabilities 2023: $293,480Net Assets 2023: $1,902,5862023Assets 2024: $2,510,782Liabilities 2024: $267,558Net Assets 2024: $2,243,2242024

Highlighted filing

2016

Assets$1,032,405
Liabilities$113,048
Net Assets$919,357

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $538,332Expenses 2010: $402,125Net Income 2010: $136,2072010Revenue 2011: $597,921Expenses 2011: $510,391Net Income 2011: $87,5302011Revenue 2012: $479,643Expenses 2012: $470,029Net Income 2012: $9,6142012Revenue 2013: $553,730Expenses 2013: $467,678Net Income 2013: $86,0522013Revenue 2014: $595,196Expenses 2014: $502,337Net Income 2014: $92,8592014Revenue 2015: $534,527Expenses 2015: $500,620Net Income 2015: $33,9072015Revenue 2016: $427,862Expenses 2016: $477,880Net Income 2016: -$50,0182016Revenue 2017: $594,813Expenses 2017: $514,438Net Income 2017: $80,3752017Revenue 2018: $593,236Expenses 2018: $537,173Net Income 2018: $56,0632018Revenue 2019: $589,347Expenses 2019: $557,583Net Income 2019: $31,7642019Revenue 2020: $670,384Expenses 2020: $530,042Net Income 2020: $140,3422020Revenue 2021: $745,422Expenses 2021: $554,125Net Income 2021: $191,2972021Revenue 2022: $702,162Expenses 2022: $552,800Net Income 2022: $149,3622022Revenue 2023: $855,439Expenses 2023: $637,750Net Income 2023: $217,6892023Revenue 2024: $954,112Expenses 2024: $753,151Net Income 2024: $200,9612024

Highlighted filing

2016

Revenue$427,862
Expenses$477,880
Net Income-$50,018
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$1,557,613
Mission and Program Overview

Mission

Texas & New Mexico Hospice Organization, grounded in hospice philosophy and standards, advocates excellence in services, promotes ethical practices, and fosters education and research. It assists its membership network to provide care that enhances the quality of life for patients and their families experiencing a life-limiting illness.

The Organization advocates excellence in services, promotes ethical practices, and fosters education and research. It assists its membership network to provide care that enhances the quality of life for patients and their families experiencing a life-limiting illness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$825,284$851,708▲ $26,424
Cash and Non-Interest-Bearing Accounts$173,759$162,792▼ $10,967
Savings and Temporary Cash Investments$38,572$17,555▼ $21,017
Land, Buildings, and Equipment, Net$632$230▼ $402
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,038,367$1,032,405▼ $5,962
Other Assets Total$120$120→ $0
Liabilities
Deferred Revenue$81,134$85,427▲ $4,293
Accounts Payable and Accrued Expenses$27,621$27,621→ $0
Total Liabilities$108,755$113,048▲ $4,293
Net Assets / Fund Balance
Unrestricted Net Assets$929,612$919,357▼ $10,255
Total Net Assets Fund Balance$929,612$919,357▼ $10,255
Total Liabilities and Net Assets / Fund Balance$1,038,367$1,032,405▼ $5,962

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$230$5,792$6,022
Other Land Buildings-$777$777
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry FarrowExec DirectorFT$117,016$5,851$122,867

Board Members and Trustees

NameTitle
Kevin YarrowPresident
Charley WassonVice President
Amber WarnerDirector
Chad HigbeeDirector
Danny MackDirector
Diane DatzDirector
Kathleen HesslerDirector
Rebecca McMinnDirector
Robert FriedmanDirector
Keith BeckerExec COM
Sarah RochesterSecretary
Nancy KernellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$450
Program Service Revenue
$434,542
Investment Income
$-21,852
Other Revenue
$14,722
All Other Contributions
$450
Change in Net Assets
$-50,018

Audited Revenue Reconciliation

Revenue per Audited Statements
$427,862
Revenue Not Reported on Form 990
$39,763
Total Revenue per Audited Statements
$467,625
Total Revenue per Form 990
$427,862
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$264,802
Other Expenses$213,078
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$58,752$58,752-$117,504
Current Officers, Directors, Trustees, and Key Employees$58,508$58,508-$117,016
Conferences and Meetings$50,346--$50,346
All Other Expenses$15,503$16,699-$32,202
Occupancy$6,002$18,007-$24,009
Payroll Taxes$9,031$9,031-$18,062
Fees for Services Accounting-$17,456-$17,456
Travel$14,029--$14,029
Fees for Service Investment Mgmnt Fees-$12,847-$12,847
Pension Plan Contributions$6,110$6,110-$12,220
Other Expenses$7,387$2,427-$7,387
Insurance-$2,884-$2,884
Depreciation Depletion$100$302-$402
Total Functional Expenses$263,049$214,831$0$477,880

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$477,880
Total Expenses per Audited Statements$477,880
Total Expenses per Form 990$477,880
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

*** Membership** Provider Member: To qualify to apply for status as a Provider Member, an applying agency must be an agency licensed or certified as a hospice in Texas, New Mexico or other member state if such licensing or certification is required and/or available and must be actually operating a hospice program of care consistent with the current Standards and Principles of the National Hospice Organization. A provider member is a voting member of the organization and its employees may be elected to office and serve on committees. A provider member receives all publications prepared by T&NMHO and its employees receive member rates for all meetings and educational offerings.** Developing Provider: A Developing Provider is an institution, firm, organization, or other entity which is seeking to develop a hospice program, and is a candidate for eventual Provider status. Developing Provider status maximum is three years and it is a non-voting membership. A Developing Provider member receives all publications prepared by T&NMHO and its employees receive member rates for all meetings and educational offerings.** Patron Member: A Patron Member is an individual, institution, firm, or organization which desires to promote the hospice affiliation with the Texas & New Mexico Hospice Organization. It is a non-voting membership and entitles the patron to a special listing in the Patron Member section of the Directory, a copy of the Directory, newsletters, and member rates for all meetings.** An Individual Member shall be any person with an interest in supporting and promoting hospice. Individual Members are nonvoting members who are entitled to a listing in and a copy of the Membership Directory, newsletter mailings, professional publications and member rates for all meetings and educational offerings.** Associate Member: To qualify to apply for status as an Associate member, an applying agency must be an agency licensed or certified as a hospice in a state other than Texas or New Mexico and must be actually operating a hospice program of care consistent with the current Standards and Principles of National Hospice Organization. An associate member receives all publications prepares by T&NMHO and its employees receive member rates for all meetings and educational offerings.** Governmental Hospice: Any governmental entity operating a hospice within Texas or New Mexico is eligible for an Associate Membership within the organization.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

A Provider Member is a voting member of the Organization and its employees may be elected to office and serve on committees. Each Provider Member has one vote.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The membership must approve Bylaw amendments and formally approve the adopted budget at the Annual Business Meeting.

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft of Form 990 is distributed to the entire Board electronically. The entire Board has an opportunity to comment on the return before it is finalized and filed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Organization's independent Board draws upon other board experience, business experience, discussions with other organizations, and any other sources considered necessary to determine compensation for the Executive Director and any other officers.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Certain other documents available upon request.

Filing and Contact Details

Filer

Filer Name
Texas Hospice Organization Inc
EIN
75-1870672
Phone
5124541247
Address
1108 Lavaca, Austin, TX 78701

Signing Officer

Name
Larry Farrow
Title
Exec Director
Signed
2017-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Farrow
Formed
1983
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
30

Preparer

Firm
Dunagan Jack LLP
Address
3724 Jefferson Street Suite 307, Austin, TX 78731
Preparer
Gary Joseph Jack
Phone
5124208997
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IRS990/Desc0MEMBERSHIP BENEFITSNewsletters:A weekly newsletter, the Update, provides information on what is happening in hospice around the nation as well as provides information specific to Texas and New Mexico. Weekly REGULATORY UPDATE provides information gleaned from the Federal, Texas, and New Mexico Registers, as well as information and analysis developed from meetings and other sources. During each states legislative session, members are also be provided with a weekly LEGISLATIVE UPDATE.Public Policy:TNMHO represents members at both the national and state levels before legislative bodies, as well as before federal and state regulatory agencies. We represent both states on the National Hospice & Palliative Care Organizations Council of States; serve on its Public Policy Committee; and represent both states at the quarterly meetings with Palmetto Government Benefit Administrators (PGBA). TNMHO partners with Texas Academy of Palliative Medicine (TAPM) and, through them, American Academy of Hospice and Palliative Medicine (AAHPM), Texas Hospital Association (THA), National Hospice and Palliative Care Organization (NHPCO), Texas Pain Society, Project Hope, State Hospice Organization Executive Roundtable (SHOER) and many other groups.Annual Conference:TNMHO hosts an annual conference each spring. This three-day conference offers multidisciplinary education for hospice professionals and volunteers. During this meeting, general sessions with nationally recognized experts in hospice and palliative care provide over 50 breakout sessions. Continuing education credits are provided for administrators, physicians, nurses, social workers, and other professionals.Special Topic Conferences:TNMHO offers members a unique opportunity to learn and network with their colleagues in Special Topic Conferences. These conferences are designed to last one to two days and are built around a specific topic or peer group.Online Education:Members have access to over 60 hours of online training programs that are available 24 hours a day.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Exec Com
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.51$0.27$2.24$0.95$0.75$0.20
2023Detailed filing. Detailed filing data is available for this year.$2.20$0.29$1.90$0.86$0.64$0.22
2022Detailed filing. Detailed filing data is available for this year.$1.75$0.20$1.55$0.70$0.55$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.79$0.14$1.65$0.75$0.55$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.59$0.10$1.50$0.67$0.53$0.14
2019Detailed filing. Detailed filing data is available for this year.$1.34$0.12$1.22$0.59$0.56$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.12$0.99$0.59$0.54$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.11$1.04$0.59$0.51$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.03$0.11$0.92$0.43$0.48$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.11$0.93$0.53$0.50$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.02$0.07$0.96$0.60$0.50$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.98$0.08$0.90$0.55$0.47$0.09
2012Summary only. Only limited summary data is available for this year.$0.85$0.05$0.80$0.48$0.47$0.01
2011Summary only. Only limited summary data is available for this year.$0.82$0.08$0.75$0.60$0.51$0.09
2010Summary only. Only limited summary data is available for this year.$0.76$0.06$0.70$0.54$0.40$0.14