Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $259,628

• 2a · Program service revenue: PATIENT CARE

  total $42,387,737 · related or exempt $42,387,737

• 2b · Program service revenue: PALLIATIVE CARE

  total $703,720 · related or exempt $703,720

• 2c · Program service revenue: PRIMARY CARE

  total $67,531 · related or exempt $67,531

• 3 · Investment income

  total $786,099 · excluded $786,099

• 6a · Gross rents

  real property $5,390

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $5,390

• 6d · Net rental income or loss

  total $5,390 · excluded $5,390

• 7a · Gross sales of assets other than inventory

  securities $16,982,829

• 7b · Less cost or other basis and sales expenses

  securities $15,072,987 · other assets $29,224

• 7c · Gain or loss

  securities $1,909,842 · other assets -$29,224

• 7d · Net gain or loss

  total $1,880,618 · excluded $1,880,618

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $809,800 · related or exempt $809,800

• 11e · Other revenue, total

  $809,800

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,379,521 · management and general $1,379,521

• 7 · Other salaries and wages

  total $23,296,389 · program services $15,086,924 · management and general $8,209,465

• 9 · Other employee benefits

  total $4,178,125 · program services $2,314,746 · management and general $1,863,379

• 11b · Fees: legal

  total $360,357 · program services $39,359 · management and general $320,998

• 11c · Fees: accounting

  total $789,634 · program services $86,245 · management and general $703,389

• 11f · Fees: investment management

  total $63,526 · program services $6,938 · management and general $56,588

• 12 · Advertising and promotion

  total $592,806 · program services $64,747 · management and general $528,059

• 13 · Office expenses

  total $162,337 · program services $17,731 · management and general $144,606

• 14 · Information technology

  total $631,264 · program services $68,948 · management and general $562,316

• 16 · Occupancy

  total $723,383 · program services $115,740 · management and general $607,643

• 19 · Conferences, conventions and meetings

  total $29,064 · program services $3,174 · management and general $25,890

• 20 · Interest

  total $70,482 · management and general $70,482

• 22 · Depreciation, depletion and amortization

  total $410,427 · program services $62,364 · management and general $348,063

• 23 · Insurance

  total $370,994 · program services $40,521 · management and general $330,473

• 24a · Other expenses: FACILITY INPATIENT & RE

  total $1,607,794 · program services $1,607,794

• 24b · Other expenses: DURABLE MEDICAL EQUIPME

  total $1,381,746 · program services $1,381,746

• 24c · Other expenses: MEDICATIONS

  total $1,239,528 · program services $1,239,528

• 24d · Other expenses: PATIENT-RELATED EXPENSE

  total $1,207,588 · program services $1,207,588

• 24e · All other expenses

  total $3,916,778 · program services $2,882,952 · management and general $1,033,826

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $9,030 · end of year $1,350

• 2 · Savings and temporary cash investments

  beginning of year $7,590,529 · end of year $10,529,287

• 4 · Accounts receivable

  beginning of year $5,459,535 · end of year $5,219,263

• 8 · Inventories for sale or use

  beginning of year $264,452 · end of year $229,755

• 9 · Prepaid expenses and deferred charges

  beginning of year $402,017 · end of year $378,784

• 10a · Land, buildings and equipment: cost or other basis

  $8,235,108

• 10b · Land, buildings and equipment: accumulated depreciation

  $6,034,975

• 10c · Land, buildings and equipment, net

  beginning of year $3,677,045 · end of year $2,200,133

• 12 · Investments: other securities

  beginning of year $14,082,944 · end of year $16,074,742

• 14 · Intangible assets

  beginning of year $3,974,795 · end of year $3,974,795

• 15 · Other assets

  beginning of year $1,987,198 · end of year $3,119,105

• 17 · Accounts payable and accrued expenses

  beginning of year $5,196,446 · end of year $5,757,460

• 20 · Tax-exempt bond liabilities

  beginning of year $2,708,434 · end of year $1,239,132

• 25 · Other liabilities

  beginning of year $1,657,258 · end of year $1,538,558

• 27 · Net assets without donor restrictions

  beginning of year $27,885,407 · end of year $33,192,064

The filer's explanations (Part III)

PART I, LINE 7

CHIEF MEDICAL OFFICER AND PHYSICIANS ARE PAID BONUSES BASED ON PRE-DETERMINED QUALITY MEASURES.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• ARKANSAS PALLIATVIE CARE LLC

  PAL CARE · AR · income $2,177,590 · assets $775,051

  Directly controlled by AR HOSPICE

• ARKANSAS ADVANCED CARE LLC

  PRIMARY CARE · AR · income $327,756 · assets $37,622

  Directly controlled by AR HOSPICE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CENTRAL ARKANSAS SENIOR CARE LLC

  C · PRIVATE DUTY · AR · 100% owned · share of income $1,107,568 · share of assets $1,154,094 · controlled entity

  Directly controlled by AR HOSPICE