Civic Intelligence

Hospice by the Bay

990 • Fiscal year 2016 • EIN 94-2890791

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 02, 2017

17 E Sir Francis Drake BlvdLarkspur, CA 94939

(415) 526-5500

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.08x

Higher debt load relative to assets than 23% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.09x

Higher debt load relative to revenue than 14% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

82nd percentile

19%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

54th percentile

$366,903

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

89th percentile

21%

Faster asset growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

27%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Assets

Up

$57,175,038

Up $9,871,053 (+21%) from 2015

Net Assets

Up

$52,488,509

Up $8,972,301 (+21%) from 2015

Liabilities

Up

$4,686,529

Up $898,752 (+24%) from 2015

Revenue

Up

$52,810,054

Up $11,085,090 (+27%) from 2015

Expenses

Up

$42,710,186

Up $7,045,041 (+20%) from 2015

Net Income

Up

$10,099,868

Up $4,040,049 (+67%) from 2015

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $23,796,906Liabilities 2010: $6,418,307Net Assets 2010: $17,378,5992010Assets 2011: $23,924,170Liabilities 2011: $2,185,017Net Assets 2011: $21,739,1532011Assets 2012: $30,181,851Liabilities 2012: $2,370,906Net Assets 2012: $27,810,9452012Assets 2013: $35,418,010Liabilities 2013: $2,271,488Net Assets 2013: $33,146,5222013Assets 2014: $40,975,784Liabilities 2014: $2,712,309Net Assets 2014: $38,263,4752014Assets 2015: $47,303,985Liabilities 2015: $3,787,777Net Assets 2015: $43,516,2082015Assets 2016: $57,175,038Liabilities 2016: $4,686,529Net Assets 2016: $52,488,5092016Assets 2017: $70,317,808Liabilities 2017: $4,445,454Net Assets 2017: $65,872,3542017Assets 2018: $72,609,704Liabilities 2018: $5,186,240Net Assets 2018: $67,423,4642018Assets 2019: $77,451,582Liabilities 2019: $5,812,925Net Assets 2019: $71,638,6572019Assets 2020: $91,663,179Liabilities 2020: $15,015,014Net Assets 2020: $76,648,1652020Assets 2021: $106,336,388Liabilities 2021: $13,782,914Net Assets 2021: $92,553,4742021Assets 2022: $93,189,192Liabilities 2022: $7,101,145Net Assets 2022: $86,088,0472022Assets 2023: $106,187,104Liabilities 2023: $8,589,053Net Assets 2023: $97,598,0512023Assets 2024: $115,923,815Liabilities 2024: $7,755,454Net Assets 2024: $108,168,3612024

Highlighted filing

2016

Assets$57,175,038
Liabilities$4,686,529
Net Assets$52,488,509

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $25,623,0542010Expenses 2011: $25,234,6562011Expenses 2012: $28,596,2382012Expenses 2013: $31,375,1732013Revenue 2014: $37,314,916Expenses 2014: $34,041,680Net Income 2014: $3,273,2362014Revenue 2015: $41,724,964Expenses 2015: $35,665,145Net Income 2015: $6,059,8192015Revenue 2016: $52,810,054Expenses 2016: $42,710,186Net Income 2016: $10,099,8682016Revenue 2017: $61,401,161Expenses 2017: $51,537,352Net Income 2017: $9,863,8092017Revenue 2018: $61,165,088Expenses 2018: $61,438,489Net Income 2018: -$273,4012018Revenue 2019: $63,551,365Expenses 2019: $60,383,600Net Income 2019: $3,167,7652019Revenue 2020: $64,655,917Expenses 2020: $59,341,645Net Income 2020: $5,314,2722020Revenue 2021: $72,540,224Expenses 2021: $68,390,177Net Income 2021: $4,150,0472021Revenue 2022: $71,785,749Expenses 2022: $68,182,744Net Income 2022: $3,603,0052022Revenue 2023: $70,907,648Expenses 2023: $63,711,158Net Income 2023: $7,196,4902023Revenue 2024: $74,710,260Expenses 2024: $72,277,071Net Income 2024: $2,433,1892024

Highlighted filing

2016

Revenue$52,810,054
Expenses$42,710,186
Net Income$10,099,868
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 2, 2017
Return Version
2015v3.0
Gross Receipts
$52,937,905
Mission and Program Overview

Mission

Hospice By The Bay's mission is to be the premier provider of quality palliative and hospice services for patients and their caregivers needing care and support during the final stages of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$27,589,964$34,398,953▲ $6,808,989
Land, Buildings, and Equipment, Net$10,127,465$10,123,605▼ $3,860
Savings and Temporary Cash Investments$4,010,674$6,599,550▲ $2,588,876
Accounts Receivable$4,543,034$4,574,889▲ $31,855
Cash and Non-Interest-Bearing Accounts$420,172$894,947▲ $474,775
Prepaid Expenses and Deferred Charges$357,352$410,263▲ $52,911
Pledges and Grants Receivable$211,485$151,063▼ $60,422
Other Notes and Loans Receivable, Net-$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-
Total Assets$47,303,985$57,175,038▲ $9,871,053
Other Assets Total$43,839$21,768▼ $22,071
Liabilities
Other Liabilities$2,746,694$3,203,188▲ $456,494
Accounts Payable and Accrued Expenses$1,041,083$1,473,715▲ $432,632
Deferred Revenue-$9,626-
Total Liabilities$3,787,777$4,686,529▲ $898,752
Net Assets / Fund Balance
Unrestricted Net Assets$42,223,126$51,444,930▲ $9,221,804
Temporarily Rstr Net Assets$934,558$685,055▼ $249,503
Permanently Rstr Net Assets$358,524$358,524→ $0
Total Net Assets Fund Balance$43,516,208$52,488,509▲ $8,972,301
Total Liabilities and Net Assets / Fund Balance$47,303,985$57,175,038▲ $9,871,053

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,338,578$4,103,229$10,441,807
Land$3,587,925-$3,587,925
Equipment$197,102$1,785,075$1,982,177

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$358,524---$358,524
2014$358,524---$358,524
2013$358,524---$358,524
2012$358,524---$358,524
2011$357,024$1,500--$358,524
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kitty C WhitakerC.e.o.FT$343,220$23,683$366,903
Wendy RanzauC.o.o.FT$198,209$4,643$202,852
Denis ViscekC.f.o.FT$183,364$4,165$187,529
Robertina SzolarovaDirector Quality Mgmt.FT$166,962$3,913$170,875
Sandra WishonDirector OutreachFT$152,645$3,010$155,655
Joan HunterNurse Case Mgr.FT$151,827$3,456$155,283
David ZwickyDirector Bus. StrategyFT$151,358$3,544$154,902
Anne EmmerichDirector Patient CareFT$149,232-$149,232

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Margaret Bourne MdMedical Director17 E SIR FRANCIS DRAKE, Larkspur, CA 94939$381,580
Alan Margolin MdMedical Director17 E SIR FRANCIS DRAKE, Larkspur, CA 94939$248,672
Marsha Nunley MdMedical Director17 E SIR FRANCIS DRAKE, Larkspur, CA 94939$217,800
Jessica Keane MdMedical Director17 E SIR FRANCIS DRAKE, Larkspur, CA 94939$158,091
Corby Kessler MdMedical Director17 E SIR FRANCIS DRAKE, Larkspur, CA 94939$103,125
Revenue and Support

Revenue Composition

Contributions and Grants
$3,352,732
Program Service Revenue
$46,640,778
Investment Income
$1,171,779
Other Revenue
$1,644,765
All Other Contributions
$3,352,732
Change in Net Assets
$10,099,868

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
Securities Publicly Traded4$29,201Fair Market Value (FMV)
Total Noncash Contributions4$29,201-

Audited Revenue Reconciliation

Revenue per Audited Statements
$52,810,054
Revenue Not Reported on Form 990
$-924,661
Total Revenue per Audited Statements
$51,885,393
Total Revenue per Form 990
$52,810,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$27,316,904
Other Expenses$15,393,282
Total Fundraising Expense$817,444
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,302,762$1,914,429$486,856$21,704,047
Fees for Services Other$2,365,669$289,729$1,701$2,657,099
Payroll Taxes$2,134,546$261,065$62,768$2,458,379
Other Employee Benefits$1,903,194$232,770$55,965$2,191,929
Occupancy$1,011,156$123,669$726$1,135,551
Current Officers, Directors, Trustees, and Key Employees$183,452$482,107$91,725$757,284
Depreciation Depletion$488,120$59,699$350$548,169
Information Technology$445,733$54,515$320$500,568
Office Expenses$386,021$47,212$277$433,510
Advertising$310,352$37,957$223$348,532
Pension Plan Contributions$194,597$10,519$149$205,265
Insurance$176,708$21,612$127$198,447
Conferences and Meetings$162,616$19,889$117$182,622
Travel$79,806$40,303$56$120,165
Other Expenses$101,022$12,356$73$113,451
Fees for Services Legal$62,912$7,694$45$70,651
Total Functional Expenses$37,842,903$4,049,839$817,444$42,710,186

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$42,913,092
Expenses per Audited Statements$42,710,186
Total Expenses per Form 990$42,710,186
Expenses Not Reported on Form 990$202,906
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$252,219
Fundraising Direct Expenses$127,851
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various Events$252,219$252,219$127,851$124,368
Total Events$252,219$252,219$127,851$124,368
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Compensation$3,159,130
Security Deposits$37,053
Deferred Liability Life Income Gift$7,005
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
No
Management duties delegated
No

Governance Explanations

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

Form 990 is initially reviewed by finance staff including the Controller AND THE CFO. THE CEO reviews it AND THEN IT IS reviewED by the audit and FINANCE COMMITTEEs.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

SIGN STATEMENTS ANNUALLY

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

Executive committee of the board determines compensation

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Executive committee of the board determines compensation

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

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Hospice by the Bay
EIN
94-2890791
Phone
4155265500
Address
17 E SIR FRANCIS DRAKE BLVD, LARKSPUR, CA 94939

Signing Officer

Name
Kitty Whitaker
Title
CEO
Signed
2017-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kitty C Whitaker
Formed
1975
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
15
Employees
392
Volunteers
450

Preparer

Firm
Bunker & Company LLP
Address
4340 Redwood Hwy Suite 117, San Rafael, CA 94903-2123
Preparer
Joseph C Bunker
Phone
4154997661
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Income from the endowment is used to support program expenses

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

EVENT EXPENSES $202906

Part XII, Line 2D: Other expenses and losses per audited F/S

EVENT EXPENSES $202906

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$116$7.76$108$74.7$72.3$2.43
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$106$8.59$97.6$70.9$63.7$7.20
2022Detailed filing. Detailed filing data is available for this year.$93.2$7.10$86.1$71.8$68.2$3.60
2021Detailed filing. Detailed filing data is available for this year.$106$13.8$92.6$72.5$68.4$4.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.7$15.0$76.6$64.7$59.3$5.31
2019Detailed filing. Detailed filing data is available for this year.$77.5$5.81$71.6$63.6$60.4$3.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.6$5.19$67.4$61.2$61.4$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$70.3$4.45$65.9$61.4$51.5$9.86
2016Detailed filing. Detailed filing data is available for this year.$57.2$4.69$52.5$52.8$42.7$10.1
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.3$3.79$43.5$41.7$35.7$6.06
2014Detailed filing. Detailed filing data is available for this year.$41.0$2.71$38.3$37.3$34.0$3.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.4$2.27$33.1$31.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.2$2.37$27.8$28.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$2.19$21.7$25.2
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$6.42$17.4$25.6
Peer Organizations

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