Hospice Promise Foundation
- Assets
- $2.4m
- Revenue
- $830.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, LA
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-3961250
Organization Overview
Hospice Promise Foundation is located in Lafayette, LA. The organization was established in 2014. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospice Promise Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hospice Promise Foundation generated $830.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $437.3k during the year ending 12/2021. While expenses have increased by 20.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST PERSONS IN HOSPICE CARE AND THEIR FAMILIES WITH ESSENTIAL, NON-HOSPICE RELATED EXPENSES THAT THEY ARE UNABLE TO AFFORD THEMSELVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOSPICE PROMISE FOUNDATION IS DESIGNED TO PROVIDE LIMITED FINANCIAL ASSISTANCE TO LHC GROUP PATIENTS AND RELATIVES WHO ARE EXPERIENCING ECONOMIC HARDSHIP DUE TO A RELATIVE IN HOSPICE CARE. THE FOUNDATION WILL PROVIDE GOODS, SERVICES, OR FUNDS TO QUALIFYING INDIVIDUALS. PAYMENT OF RENT/EMERGENCY REPAIRS, FOOD ASSISTANCE, LAST WISHES, AND BURIAL ASSITANCE ARE ALL CIRCUMSTANCES THAT QUALIFY FOR RELIEF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Stagg Vice President/director | OfficerTrustee | 5 | $0 |
Carllene Macmillan President/director | OfficerTrustee | 5 | $0 |
Sarah Trahan Treasurer/director | OfficerTrustee | 5 | $0 |
Joanne Little Secretary/director | OfficerTrustee | 5 | $0 |
Teri Fontenot Director | Trustee | 5 | $0 |
Keith Derouen Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $830,452 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $830,452 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $830,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $403,025 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $437,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,386,339 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,390 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,394,729 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,394,729 |
| Total liabilities and net assets/fund balances | $2,394,729 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Hospice Promise Foundation has recieved totaling $35,936.
| Awarding Organization | Amount |
|---|---|
Chouinard Charitable Irrv Tr Ua Hereford, AZ PURPOSE: SUPPORT FOR HOSPICE PATIENTS | $20,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $10,705 |
Dutch Bros Foundation Grants Pass, OR PURPOSE: TO ASSIST PERSONS IN HOSPICE CARE AND THEIR FAMILIES WITH ESSENTIAL, NON-HOSPICE RELATED EXPENSES | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $231 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas Hospice Inc N Little Rock, AR | $39,856,969 | $45,259,501 |
Hospice Austin Austin, TX | $19,743,929 | $32,556,661 |
Community Healthcare Of Texas Fort Worth, TX | $63,222,299 | $32,451,529 |
Hospice Of East Texas Tyler, TX | $31,283,873 | $20,152,774 |
Houston Hospice Houston, TX | $21,446,997 | $23,650,371 |
Hospice Of Wichita Falls Inc Wichita Falls, TX | $37,472,093 | $19,733,054 |
Hope Hospice New Braunfels, TX | $12,855,625 | $16,030,204 |
Hospice Foundation Of Greater Baton Rouge Baton Rouge, LA | $20,299,831 | $14,655,611 |
Hospice Brazos Valley Inc Bryan, TX | $6,137,232 | $11,890,863 |
Hospice Of Acadiana Inc Lafayette, LA | $8,863,327 | $13,405,339 |
Hospice Of El Paso Inc El Paso, TX | $7,411,983 | $8,431,455 |
Hendrick Hospice Care Inc Abilene, TX | $17,668,988 | $10,226,617 |