Agrace Hospicecare Incorporated is a 501(c)(3) organization based in Fitchburg, Wisconsin, registered in 1979, with $116,677,915 in FY2024 revenue. CharityIndex grades it B, and it directs about 85% of spending to programs.
Revenue (FY2024)
$116.7M
▲ 8.5% vs prior year
Expenses (FY2024)
$117.9M
Net assets
$7.5M
Employees
1,147
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Agrace Hospicecare Incorporated: 85% to programs · $42 to raise $100 earns a C on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Agrace Hospicecare Incorporated: 1 mo reserves · -1% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Agrace Hospicecare Incorporated: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Agrace Hospicecare Incorporated: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Our mission, "providing personalized care and support, where and when you need it, for life's changing health needs," (continued on schedule o)
Agrace's other programs include the volunteer services program, the food service program and grants to support related organizations. in 2024, 630 specially trained volunteers provided 69,158 hours of service. because of this support, agrace is able to defer some staffing costs and continue to provide compassionate, expert care to patients and families. some of the volunteer positions include in-home and residential patient and family volunteer; grief services, administrative office work, flower room and kitchen volunteer; vigil program; and agrace hospitality volunteer. food service: agrace employs talented chefs to provide our patients and families comforting meals cooked with locally grown, often organic fresh produce, meats and herbs. staff dietitians work with the kitchen staff to prepare meals that provide sustenance and comfort to patients. sometimes a patient will not be able to digest solid foods, but small meals can be prepared for them to enjoy the comforts of the smells that meals provide. in addition to patient and family meals, agrace food services makes nutritious meals and snacks for clients at the agrace adult day center. fresh baked goods, coffee and tea are available for purchase by staff, volunteers and guests at the doc rock cafe at our madison campus. in 2024, agrace, inc. transferred funds totaling $5,700,000 to the risk reserve account held by agrace hospicecare foundation, inc.
Agrace hme, llc is a disregarded entity that was established in 2019 to provide home medical equipment to agrace hospice patients. with a fleet of delivery vans and a caring crew of dme technicians, agrace delivers home medical equipment to our hospice patients. agrace hme has two equipment warehouses, in waunakee and milton, where we use state-of-the-art software and systems to ensure medical equipment is delivered to patients quickly and accurately. in november 2024, agrace health, inc. became the member of agrace hme.
Community education - as the community's nonprofit hospice, agrace is dedicated to increasing awareness and understanding of matters related to serious illness, death, dying, care giving, and grief. with our guidance, our neighbors are better prepared to make decisions about the care they or their loved ones receive. in 2024, 180 nursing and medical students, residents and fellows, pharmacy students and students from other health care professions participated in rotations at agrace. since the initiation of the agrace rotation program in 1995, approximately 3,283 students, interns, residents, fellows and working health care professionals from institutions of higher learning have completed an educational experience at agrace. agrace receives no reimbursement for these rotations with the exception of an annual stipend from the uw-madison school of pharmacy.
Revenue grew from $52.3M (FY2013) to $116.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-1.1%
Spent more than it raised in the latest fiscal year.
Total assets
$16.6M
Total liabilities
$9.1M
Net assets
$7.5M
Salaries & benefits
$76.9M
65% of expenses
Board members
13
12 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $116,677,915▲8.5% | $117,911,656▲9.6% | $7,503,851▼94.1% | $16,569,816▼88.1% | 990 |
| 2023 | $107,515,776▲14.5% | $107,544,084▲17.1% | $126,536,109▲15.0% | $139,445,650▲15.5% | 990 |
| 2022 | $93,932,323▲15.4% | $91,877,393▲9.6% | $110,006,166▼8.4% | $120,771,395▼5.3% | 990 |
| 2021 | $81,380,739▲0.8% | $83,856,559▲2.0% | $120,154,870▲15.9% | $127,559,308▲13.7% | 990 |
| 2020 | $80,732,109▲8.2% | $82,204,893▲10.1% | $103,655,453▲12.0% | $112,172,687▲12.5% | 990 |
| 2019 | $74,634,871▲9.6% | $74,649,790▲10.4% | $92,569,001▲15.1% | $99,700,596▲13.6% | 990 |
| 2018 | $68,116,987▲8.1% | $67,600,299▲3.8% | $80,443,611▲1.1% | $87,780,982▲1.4% | 990 |
| 2017 | $63,033,581▲9.3% | $65,098,360▲5.4% | $79,572,524▲10.0% | $86,599,090▲11.1% | 990 |
| 2016 | $57,647,023▲8.6% | $61,785,616▲17.9% | $72,322,577▲4.2% | $77,971,055▲5.0% | 990 |
| 2015 | $53,058,892▲6.9% | $52,408,798▲8.8% | $69,389,756▲4.0% | $74,276,870▲3.8% | 990 |
| 2014 | $49,631,622▼5.1% | $48,150,441▼2.1% | $66,739,592▲7.0% | $71,535,672▲4.1% | 990 |
| 2013 | $52,313,528 | $49,178,703▲7.2% | $62,359,880▲507% | $68,715,265▲367% | 990 |
| 2012 | — | $45,882,322▼1.5% | $10,275,073▲64.6% | $14,701,028▲32.5% | 990 |
| 2010 | — | $46,575,904 | $6,242,574 | $11,096,941 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Lynne Sexten — $866,820 (0.74% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Lynne Sexten | President & Ceo | 25 | $866,820 |
| Jennifer Maurer | Executive Vp and Chief Financial Officer | 25 | $433,657 |
| Kari Potter | Vp, Human Resources | 35 | $293,371 |
| Dr Geoffrey Smith | Hospice/palliative Physician | 36 | $289,798 |
| Dr Marilyn Sincaban | Hospice Eligibility Physician | 40 | $265,726 |
| Jamie Moen | Chief Operating Officer | 35 | $265,149 |
| Dr Patricia Neuman | Hospice/palliative Physician | 32 | $265,119 |
| Amie Goldman | Chief Growth Officer | 40 | $251,509 |
| Jennifer Flugaur | Chief Quality Officer | 35 | $236,637 |
| Dr Holly Schaefer | Hospice/palliative Physician | 32 | $232,033 |
| Hilary Bingol | Vp, Medical Services | 40 | $214,024 |
| Jennifer Malak | Vp of Customer Access | 40 | $195,036 |
| Carey Gehl | Director - Until 11/2024 | 1 | — |
| Christopher Queram | Past Chair - Until 4/2024 | 1 | — |
| Dr Pamela Wetzel | Director | 1 | — |
| Gabe Doyle | Director - Beginning 4/2024 | 1 | — |
| Jane Wiedenbeck | Vice Chair | 1 | — |
| Jonathan Jaffrey Md | Director | 1 | — |
| Kelly Ritchie | Treasurer | 1 | — |
| Ken Thompson | Chair | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Amergis Healthcare Staffing Inc | Nurse Staffing Services | $860,529 |
| University of Wi Hospitalclinic | Therapies & Imaging Services | $701,284 |
| St Mary's Hospital | Therapies & Lab Services | $429,302 |
| Core Medical Group | Nurse Staffing Services | $422,099 |
| Uw Medical Foundation | Physician Services | $265,755 |
27 grants to Agrace Hospicecare Incorporated totaling $666K, reported by foundations on their Schedule I filings — showing the 15 most recent.
1 grant totaling $5.7M in FY2024. All grants made by Agrace Hospicecare Incorporated →
| Recipient | Purpose | Amount |
|---|---|---|
| Agrace Hospicecare Foundation Incorporated | Intended for agrace hospicecare foundation, inc.'s reserve account to be used as a contingency for future operations. | $5,700,000 |
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Data for Agrace Hospicecare Incorporated (EIN 39-1319537) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.