Hospice Of Franklin County Inc

Hospice Of Franklin County consistently operates with 0% officer compensation and growing assets.

EIN: 201611913 · Pittsfield, MA · NTEE: P74 · Updated: 2026-03-28

$4.3MRevenue
$1.4MAssets
95/100Mission Score (Excellent)
P74
Hospice Of Franklin County Inc Financial Summary
MetricValue
Total Revenue$4.3M
Total Expenses$3.8M
Program Spending90%
CEO/Top Officer Pay$3
Net Assets$97K
Transparency Score95/100

Is Hospice Of Franklin County Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hospice Of Franklin County Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hospice Of Franklin County Inc

Hospice Of Franklin County Inc (EIN: 201611913) is a nonprofit organization based in Pittsfield, MA, classified under NTEE code P74. The organization reported total revenue of $4.3M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospice Of Franklin County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Hospice Of Franklin County Inc is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.8M
Total Expenses$3.8M
Surplus / Deficit+$69K
Total Assets$1.0M
Total Liabilities$948K
Net Assets$97K
Operating Margin1.8%
Debt-to-Asset Ratio90.7%
Months of Reserves3.3 months

Financial Health Grade: A

In 2023, Hospice Of Franklin County Inc reported a surplus of $69K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 90.7% (high leverage).

Financial Trends

Over 14 years of filings (2011–2023), Hospice Of Franklin County Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+59.9%+33.6%+161.3%
2022-37.6%-19.3%-55.7%
2021+13.1%+4.8%+42.3%
2020-12.5%-9.1%-21.3%
2019+23.1%+16.4%+3.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Hospice Of Franklin County Inc demonstrates consistent financial health, generally operating with revenues exceeding expenses in most recent periods, such as 2023 where revenue was $3,846,190 against expenses of $3,777,404. The organization's assets have shown growth, increasing from $399,924 in 2022 to $1,044,943 in 2023, indicating a strengthening financial position. A notable aspect of their financial management is the reported 0% officer compensation across all available filings, which suggests a commitment to directing funds towards their mission rather than executive salaries. This practice significantly enhances their transparency and public trust. The organization's spending efficiency appears strong, particularly given the absence of reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial trend of managing expenses close to revenue, without significant deficits in most years, points to prudent financial management. The consistent operation as a hospice provider (NTEE Code P74) further suggests a focused approach to their mission. In terms of transparency, the consistent filing of IRS 990s over 14 periods is a positive indicator. The 0% officer compensation is a highly transparent practice that sets them apart. However, without more granular expense data (e.g., specific program vs. administrative costs), a full assessment of spending efficiency is limited. The overall picture, however, is one of a financially stable and responsibly managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hospice Of Franklin County Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Hospice Of Franklin County Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$3.8MTotal Revenue
$3.8MTotal Expenses
$1.0MTotal Assets
$948KTotal Liabilities
$97KNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of this size with revenues often exceeding $3 million annually.

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 Hospice Of Franklin County Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Hospice Of Franklin County Inc:

Frequently Asked Questions about Hospice Of Franklin County Inc

Is Hospice Of Franklin County Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hospice Of Franklin County Inc (EIN: 201611913) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

How does Hospice Of Franklin County Inc spend its money?

Hospice Of Franklin County Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Hospice Of Franklin County Inc tax-deductible?

Hospice Of Franklin County Inc is registered as a tax-exempt nonprofit (EIN: 201611913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Hospice Of Franklin County Inc CEO make?

Hospice Of Franklin County Inc's highest-compensated officer earns $3 annually. The organization reported $4.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Hospice Of Franklin County Inc's spending goes to programs?

Hospice Of Franklin County Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Hospice Of Franklin County Inc compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Hospice Of Franklin County Inc is above average for NTEE category P74 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hospice Of Franklin County Inc located?

Hospice Of Franklin County Inc is headquartered in Pittsfield, Massachusetts and files with the IRS under EIN 201611913. It is classified under NTEE code P74.

How many years of IRS 990 filings does Hospice Of Franklin County Inc have?

Hospice Of Franklin County Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3M in total revenue.

How does Hospice Of Franklin County Inc manage to operate without officer compensation?

The filings consistently show 0% officer compensation, which could imply that executive leadership is either volunteer-based, compensated through a related entity, or that the organization's structure does not include paid officers in the traditional sense. This practice significantly reduces overhead related to executive salaries.

What is the trend in the organization's net assets?

Net assets have shown a positive trend, particularly in recent years. After a dip in 2022 to $399,924, assets rebounded significantly to $1,044,943 in 2023, indicating financial growth and stability.

Is the organization financially stable given its revenue and expense fluctuations?

Yes, despite some fluctuations in revenue and expenses, the organization generally manages to keep expenses in line with or below revenue, as seen in 2023 ($3,846,190 revenue vs. $3,777,404 expenses). The growth in assets also points to increasing financial stability.

Filing History

IRS 990 filing history for Hospice Of Franklin County Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), Hospice Of Franklin County Inc's revenue has grown by 43.4%, moving from $2.7M to $3.8M. Total assets increased by 60.1% over the same period, from $652K to $1.0M. Total functional expenses rose by 45.7%, from $2.6M to $3.8M. In its most recent filing year (2023), Hospice Of Franklin County Inc reported a surplus of $69K, with revenue exceeding expenses. The organization holds $948K in liabilities against $1.0M in assets (debt-to-asset ratio: 90.7%), resulting in net assets of $97K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.8M $3.8M $1.0M $948K
2022 $2.4M $2.8M $400K $372K View 990
2021 $3.9M $3.5M $902K $452K View 990
2020 $3.4M $3.3M $634K $532K View 990
2019 $3.9M $3.7M $806K $766K View 990
2018 $3.2M $3.2M $776K $949K View 990
2017 $3.5M $3.4M $888K $1.1M View 990
2016 $3.4M $3.3M $905K $1.2M View 990
2015 $2.6M $2.8M $781K $1.2M View 990
2014 $428K $570K $493K $622K View 990
2014 $2.2M $2.5M $618K $605K View 990
2013 $2.9M $2.9M $746K $419K View 990
2012 $2.9M $2.9M $637K $305K View 990
2011 $2.7M $2.6M $652K $332K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hospice Of Franklin County Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hospice Of Franklin County 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.

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