Good Shepherd Hospice Inc
Good Shepherd Hospice Inc. faces an increasing operational deficit, with 2023 expenses exceeding revenue by over $11 million.
EIN: 205276923 · Temple Terr, FL · NTEE: E90 · Updated: 2026-03-28
Is Good Shepherd Hospice Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Good Shepherd Hospice Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Good Shepherd Hospice Inc
Good Shepherd Hospice Inc (EIN: 205276923) is a nonprofit organization based in Temple Terr, FL, classified under NTEE code E90. The organization reported total revenue of $37.5M and total assets of $16.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Shepherd Hospice Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Good Shepherd Hospice Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Good Shepherd Hospice Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with over $30 million in annual revenue. This either indicates that executive compensation is not reported in this specific field, or that the organization operates with an entirely volunteer executive leadership, which would be highly commendable but requires further verification.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Good Shepherd Hospice Inc's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in most recent years.
- Significant $11.5 million deficit in the 2023 fiscal period.
- Unusual reporting of 0% officer compensation across all filings, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Good Shepherd Hospice Inc:
- Stable asset base, maintaining around $16-18 million in recent years.
- Long history of IRS 990 filings (13 filings), indicating consistent reporting.
- Operates in a critical NTEE code (E90 - Hospice Care), serving a vital community need.
Frequently Asked Questions about Good Shepherd Hospice Inc
Is Good Shepherd Hospice Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Good Shepherd Hospice Inc (EIN: 205276923) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Good Shepherd Hospice Inc spend its money?
Good Shepherd Hospice Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Good Shepherd Hospice Inc tax-deductible?
Good Shepherd Hospice Inc is registered as a tax-exempt nonprofit (EIN: 205276923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Good Shepherd Hospice Inc. financially sustainable given its recent deficits?
The organization has consistently spent more than it earned in most recent years, culminating in an $11.5 million deficit in 2023. While assets are stable, this trend raises concerns about long-term financial sustainability if not addressed.
How does Good Shepherd Hospice Inc. cover its operational deficits?
With expenses frequently exceeding revenue, the organization likely draws from its accumulated assets or relies on other non-operating income sources to cover the difference. Further investigation into their Statement of Functional Expenses and Statement of Activities would clarify this.
What is the true executive compensation for Good Shepherd Hospice Inc.?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It is crucial to examine the full IRS 990 forms for details on compensation for key employees and highly compensated employees to understand the actual executive pay structure.
What is the organization's strategy to reverse the trend of increasing expenses over revenue?
The consistent operational deficits, particularly the significant one in 2023, suggest a need for a clear strategy to either increase revenue or control expenses to ensure financial health.
Filing History
IRS 990 filing history for Good Shepherd Hospice Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Good Shepherd Hospice Inc's revenue has declined by 14.9%, moving from $40.8M to $34.7M. Total assets increased by 113.7% over the same period, from $8.0M to $17.0M. Total functional expenses rose by 10.4%, from $41.9M to $46.2M. In its most recent filing year (2023), Good Shepherd Hospice Inc reported a deficit of $11.5M, with expenses exceeding revenue. The organization holds $3.2M in liabilities against $17.0M in assets (debt-to-asset ratio: 18.9%), resulting in net assets of $13.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $34.7M | $46.2M | $17.0M | $3.2M | — | — |
| 2022 | $36.5M | $38.0M | $17.9M | $3.3M | — | — |
| 2021 | $35.8M | $39.0M | $18.0M | $2.7M | — | View 990 |
| 2020 | $40.0M | $40.0M | $16.3M | $2.8M | — | View 990 |
| 2019 | $36.4M | $38.6M | $17.6M | $3.7M | — | View 990 |
| 2018 | $36.8M | $37.3M | $15.6M | $13.4M | — | View 990 |
| 2017 | $35.6M | $37.1M | $14.9M | $12.9M | — | View 990 |
| 2016 | $32.4M | $33.7M | $12.9M | $10.4M | — | View 990 |
| 2015 | $33.4M | $33.1M | $13.0M | $10.1M | — | View 990 |
| 2014 | $29.7M | $30.4M | $11.5M | $9.8M | — | View 990 |
| 2013 | $35.2M | $37.9M | $8.7M | $7.6M | — | View 990 |
| 2012 | $39.5M | $40.6M | $9.7M | $6.7M | — | View 990 |
| 2011 | $40.8M | $41.9M | $8.0M | $4.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34.7M, expenses of $46.2M, and assets of $17.0M (revenue -4.9% year-over-year).
- 2022: Revenue of $36.5M, expenses of $38.0M, and assets of $17.9M (revenue +1.8% year-over-year).
- 2021: Revenue of $35.8M, expenses of $39.0M, and assets of $18.0M (revenue -10.4% year-over-year).
- 2020: Revenue of $40.0M, expenses of $40.0M, and assets of $16.3M (revenue +10.0% year-over-year).
- 2019: Revenue of $36.4M, expenses of $38.6M, and assets of $17.6M (revenue -1.1% year-over-year).
- 2018: Revenue of $36.8M, expenses of $37.3M, and assets of $15.6M (revenue +3.3% year-over-year).
- 2017: Revenue of $35.6M, expenses of $37.1M, and assets of $14.9M (revenue +9.9% year-over-year).
- 2016: Revenue of $32.4M, expenses of $33.7M, and assets of $12.9M (revenue -2.9% year-over-year).
- 2015: Revenue of $33.4M, expenses of $33.1M, and assets of $13.0M (revenue +12.4% year-over-year).
- 2014: Revenue of $29.7M, expenses of $30.4M, and assets of $11.5M (revenue -15.6% year-over-year).
- 2013: Revenue of $35.2M, expenses of $37.9M, and assets of $8.7M (revenue -10.9% year-over-year).
- 2012: Revenue of $39.5M, expenses of $40.6M, and assets of $9.7M (revenue -3.1% year-over-year).
- 2011: Revenue of $40.8M, expenses of $41.9M, and assets of $8.0M.
Data Sources and Methodology
This transparency report for Good Shepherd Hospice Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.