Hospice Of Stanly County Inc

Albemarle, North Carolina - EIN 56-1312621 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 27, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 27, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

Hospice Of Stanly County Inc reported $7,833,362 in revenue and $6,875,755 in expenses in fiscal 2025, a surplus of $957,607 for the year. Program services took $5,127,303 of expenses, or 74.6%. The organization closed the year with $7,105,674 in net assets - about 12.4 months of expenses at the fiscal-2025 spending level.

At a Glance - Fiscal 2025

All values are fiscal 2025 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2025
$7,833,362

Down 7.1% from $8,429,907 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$6,875,755

Revenue minus expenses: $957,607 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
74.6%

$5,127,303 of $6,875,755 went to program services.

NET ASSETS - END OF FISCAL 2025
$7,105,674

Total assets $7,624,476 minus total liabilities $518,802.

TOP EXECUTIVE PAY - FISCAL 2025
$165,484

Lori Thayer, Executive Director, as reported on the fiscal-2025 Form 990, filed May 27, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
55 Employees

Plus 56 volunteers reported on the fiscal-2025 Form 990.

Money In, Money Out - Fiscal 2025

Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 27, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$5,127,303 (74.6%)
Fundraising$18,295 (0.3%)
Management and General$1,730,157 (25.2%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.03 - $18,295 in fundraising expenses divided by $638,365 in total contributions.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$638,365
All Other Contributions$638,365
Program Service Revenue$6,728,587
Investment Income$249,477
Other Revenue$216,933
Total Revenue (All Sources)$7,833,362
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

12.4 Months

of reserves - $7,105,674 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $572,979 in fiscal 2025.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2025

Total Assets$7,624,476
Total Liabilities$518,802
Liabilities as Share of Assets6.8%
Net Assets$7,105,674

Leadership Pay - Fiscal 2025

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 27, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Lori Thayer - Executive Director$165,4842.41%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2025

Board and policy answers as reported on the fiscal-2025 Form 990, filed May 27, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

9 voting members, 9 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Lori ThayerExecutive Director
Kayren BrantleyChairman
Joan EudyVice Chairman
Dale PattersonSecretary
Stephen AldridgeTreasurer
Larry HatleyDirector
Lauren HarkinsDirector
John ReidDirector
David FordDirector
Easton WestDirector

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyNo
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence9 voting / 9 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2025

Grants Made - Fiscal 2025

This organization reported $0 in grants paid and filed no Schedule I for fiscal 2025. The page states that directly instead of leaving a blank grants section. Grantmaking organizations show a full recipient list in this section - recipient name, amount and stated purpose, as reported.

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$8,429,907-
Fiscal 2025$7,833,362-7.1%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jan 1, 2025 - Dec 31, 2025Form 990In Force - Filed May 27, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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