Lifepath Hospice Inc
Lifepath Hospice Inc. maintains stable operations with revenues around $80M, experiencing minor deficits in recent years.
EIN: 205276870 · Temple Terr, FL · NTEE: E92 · Updated: 2026-03-28
Is Lifepath Hospice Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lifepath Hospice Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lifepath Hospice Inc
Lifepath Hospice Inc (EIN: 205276870) is a nonprofit organization based in Temple Terr, FL, classified under NTEE code E92. The organization reported total revenue of $82.1M and total assets of $27.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifepath 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 Lifepath Hospice Inc with a Mission Score of 80 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
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lifepath 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 ($80M+ revenue). This suggests executive compensation may be reported under different categories or is not directly paid to officers in a way that triggers this specific reporting field, warranting further investigation for complete transparency.
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 Lifepath Hospice Inc's IRS 990 filings:
- Consistent 0% officer compensation reported despite large organizational size, raising transparency questions.
- Significant operational deficit in 2022 ($12.5M) and a minor deficit in 2023, indicating potential spending challenges.
Strengths
The following positive indicators were identified for Lifepath Hospice Inc:
- Consistent high revenue generation, averaging around $80 million annually.
- Strong asset base relative to liabilities, indicating financial stability.
- Long history of IRS 990 filings (13 filings), demonstrating consistent compliance and transparency in reporting.
Frequently Asked Questions about Lifepath Hospice Inc
Is Lifepath Hospice Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lifepath Hospice Inc (EIN: 205276870) some concerns. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
How does Lifepath Hospice Inc spend its money?
Lifepath Hospice Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lifepath Hospice Inc tax-deductible?
Lifepath Hospice Inc is registered as a tax-exempt nonprofit (EIN: 205276870). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Lifepath Hospice Inc. manage executive compensation given the 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all available filings for an organization with over $80 million in annual revenue is highly unusual. This suggests that executive compensation might be reported under different expense categories, paid through a related entity, or structured in a way that doesn't appear as direct officer compensation on this specific line item. Further investigation into their detailed expense breakdowns and related party transactions would be necessary to understand their executive compensation practices.
What caused the significant expense increase in 2022 leading to a $12.5 million deficit?
In 2022, Lifepath Hospice Inc. reported expenses of $86,230,275 against revenues of $73,709,271, resulting in a deficit of over $12.5 million. This significant increase in expenses compared to revenue warrants a deeper look into the detailed expense categories for that year to identify the primary drivers, such as increased program costs, administrative overhead, or one-time expenditures.
Is the organization's asset base sufficient to cover its liabilities, especially given recent deficits?
As of 2023, Lifepath Hospice Inc. reported assets of $33,559,097 and liabilities of $7,492,812. This indicates a healthy asset-to-liability ratio, suggesting the organization has sufficient financial resources to cover its obligations despite recent operational deficits. The asset base has generally remained strong over the past decade.
Filing History
IRS 990 filing history for Lifepath Hospice Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lifepath Hospice Inc's revenue has grown by 5.3%, moving from $76.5M to $80.6M. Total assets increased by 143.8% over the same period, from $13.8M to $33.6M. Total functional expenses rose by 6%, from $76.1M to $80.7M. In its most recent filing year (2023), Lifepath Hospice Inc reported a deficit of $166K, with expenses exceeding revenue. The organization holds $7.5M in liabilities against $33.6M in assets (debt-to-asset ratio: 22.3%), resulting in net assets of $26.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $80.6M | $80.7M | $33.6M | $7.5M | — | — |
| 2022 | $73.7M | $86.2M | $28.9M | $6.9M | — | — |
| 2021 | $78.3M | $77.2M | $26.7M | $4.1M | — | View 990 |
| 2020 | $81.9M | $78.4M | $25.7M | $4.5M | — | View 990 |
| 2019 | $78.3M | $82.9M | $24.5M | $6.0M | — | View 990 |
| 2018 | $88.0M | $86.1M | $34.9M | $7.0M | — | View 990 |
| 2017 | $86.1M | $81.6M | $36.2M | $11.6M | — | View 990 |
| 2016 | $79.9M | $85.0M | $29.6M | $11.6M | — | View 990 |
| 2015 | $86.4M | $81.8M | $29.6M | $8.3M | — | View 990 |
| 2014 | $80.4M | $83.0M | $22.5M | $6.6M | — | View 990 |
| 2013 | $86.3M | $84.5M | $24.7M | $7.6M | — | View 990 |
| 2012 | $86.5M | $81.7M | $21.2M | $7.3M | — | View 990 |
| 2011 | $76.5M | $76.1M | $13.8M | $6.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80.6M, expenses of $80.7M, and assets of $33.6M (revenue +9.3% year-over-year).
- 2022: Revenue of $73.7M, expenses of $86.2M, and assets of $28.9M (revenue -5.8% year-over-year).
- 2021: Revenue of $78.3M, expenses of $77.2M, and assets of $26.7M (revenue -4.5% year-over-year).
- 2020: Revenue of $81.9M, expenses of $78.4M, and assets of $25.7M (revenue +4.6% year-over-year).
- 2019: Revenue of $78.3M, expenses of $82.9M, and assets of $24.5M (revenue -11.0% year-over-year).
- 2018: Revenue of $88.0M, expenses of $86.1M, and assets of $34.9M (revenue +2.2% year-over-year).
- 2017: Revenue of $86.1M, expenses of $81.6M, and assets of $36.2M (revenue +7.8% year-over-year).
- 2016: Revenue of $79.9M, expenses of $85.0M, and assets of $29.6M (revenue -7.5% year-over-year).
- 2015: Revenue of $86.4M, expenses of $81.8M, and assets of $29.6M (revenue +7.5% year-over-year).
- 2014: Revenue of $80.4M, expenses of $83.0M, and assets of $22.5M (revenue -6.9% year-over-year).
- 2013: Revenue of $86.3M, expenses of $84.5M, and assets of $24.7M (revenue -0.2% year-over-year).
- 2012: Revenue of $86.5M, expenses of $81.7M, and assets of $21.2M (revenue +13.1% year-over-year).
- 2011: Revenue of $76.5M, expenses of $76.1M, and assets of $13.8M.
Data Sources and Methodology
This transparency report for Lifepath 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.