Prospect Home Care-Hospice Inc
- Assets
- $1.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 1
- Location
- Woodland Park, CO
- Founding
- 12/1985
- Data as of
- 06/2021
- EIN
- 84-0884609
Organization Overview
Prospect Home Care-Hospice Inc, operating under the name Prospect, is located in Woodland Park, CO. The organization was established in 1985. 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. Prospect 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 06/2021, Prospect generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $268.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 7 years. 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
PROVIDING CONNECTIONS TO HEALTH RESOURCES BEREAVEMENT SUPPORT AND END OF LIFE INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY CONNECTIONS BEREAVEMENT AND END OF LIFE INFORMATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary H Barrowman CEO President | OfficerTrustee | 40 | $140,465 |
Carol Parks Chairman | OfficerTrustee | 0.25 | $0 |
Tammie Nogay Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $949,131 |
| Investment income | $112,124 |
| 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 | $1,061,255 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $140,465 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,902 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $30,308 |
| Office expenses | $5,553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,627 |
| 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 | $503 |
| All other expenses | $0 |
| Total functional expenses | $268,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,598 |
| 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 |
| Investments—publicly traded securities | $1,277,389 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,391,987 |
| Accounts payable and accrued expenses | $145,905 |
| 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 | $145,905 |
| 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 |
| Total liabilities and net assets/fund balances | $1,246,082 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Prospect Home Care-Hospice Inc has recieved totaling $53,250.
| Awarding Organization | Amount |
|---|---|
Colorado Springs Health Foundation Colorado Springs, CO PURPOSE: General Operating | $50,000 |
Marson Foundation Colorado Springs, CO PURPOSE: SUPPORT HOSPICE PROGRAMS | $2,000 |
Creative Providers Foundation Divide, CO PURPOSE: CHARITABLE DONATION | $1,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tru Community Care Lafayette, CO | $39,055,482 | $49,921,394 |
Midland Care Connection Inc Topeka, KS | $36,474,875 | $45,340,972 |
Hospice Of Metro Denver Incorporated Denver, CO | $64,633,708 | $38,927,316 |
Vali Division Of Wasatch-Lakecrest Woods Cross, UT | $25,462,783 | $23,742,932 |
Sangre De Cristo Hospice & Palliative Care Pueblo, CO | $16,193,317 | $24,800,628 |
Pathways Hospice Denver, CO | $25,746,800 | $20,933,159 |
Islands Hospice Inc Tulsa, OK | $0 | $18,704,481 |
Harry Hynes Memorial Hospice Inc Wichita, KS | $18,123,578 | $18,414,885 |
Pikes Peak Hospice And Palliative Care Inc Denver, CO | $11,445,812 | $14,838,483 |
Mesilla Valley Hospice Inc Las Cruces, NM | $23,145,054 | $10,360,548 |
Hospice Of Havasu Inc Lake Havasu City, AZ | $15,881,309 | $8,122,758 |
Mount Evans Hospice Inc Evergreen, CO | $7,027,978 | $8,830,994 |