Morselife Home Care Inc
81% goes to programs $0 to raise $100 Growing revenue
Morselife Home Care Inc is a 501(c)(3) organization based in West Palm Bch, Florida, registered in 1987, with $124,679,022 in FY2024 revenue. CharityIndex grades it B+, and it directs about 81% of spending to programs.
4847 David S Mack Dr, West Palm Bch, FL, 33417 EIN 59-2753822 Since 1987
Revenue (FY2024)
$124.7M
▲ 16.1% vs prior year
Health median: $840K
Expenses (FY2024)
$118.5M
Net assets
$10.5M
Employees
801
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating81% to programs · $0 to raise $100
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 Morselife Home Care Inc: 81% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +5% margin
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 Morselife Home Care Inc: 1 mo reserves · +5% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Morselife Home Care Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
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 Morselife Home Care Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To help clients maintain their independence by remaining in their own homes.
What they do
Outpatient - this program provides skilled service including nursing, physical therapy, occupational therapy and speech therapy to medicare recipients who meet the conditions of participation for home bound services. this medicare certified program is strictly monitored by cms (center for medicaid and medicare services) and a fiscal intermediary (in this case palmetto gba) under strict federal guidelines.
Contact & location
- Address
- 4847 David S Mack Dr, West Palm Bch, FL, 33417
- City
- West Palm Bch
- State
- Florida
- Category
- Health Care
- Subcategory
- Nursing & Home Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $8.8M (FY2013) to $124.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $26.8MNet assets $10.5M
Operating margin
5.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$37.3M
Total liabilities
$26.8M
Net assets
$10.5M
Salaries & benefits
$30.2M
25% of expenses
Board members
21
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $124,679,022▲16.1% | $118,480,335▲15.8% | $10,511,682▲144% | $37,316,782▲69.7% | 990 |
| 2023 | $107,375,503▲21.0% | $102,282,770▲22.1% | $4,312,995▼81.1% | $21,990,401▼34.1% | 990 |
| 2022 | $88,741,008▲8.8% | $83,791,814▲8.1% | $22,827,562▲27.0% | $33,370,850▲21.5% | 990 |
| 2021 | $81,547,047▲6.3% | $77,528,092▲7.2% | $17,978,368▲27.9% | $27,463,868▲16.4% | 990 |
| 2020 | $76,696,635▲11.8% | $72,305,411▲14.9% | $14,059,413▲55.5% | $23,599,538▲6.1% | 990 |
| 2019 | $68,570,987▲25.6% | $62,909,743▲24.0% | $9,044,307▲2.5% | $22,249,937▲0.3% | 990 |
| 2018 | $54,593,314▲34.4% | $50,738,688▲35.1% | $8,823,505▲72.0% | $22,178,673▲30.8% | 990 |
| 2017 | $40,605,909▲32.7% | $37,547,971▲26.3% | $5,128,876▲130% | $16,950,760▲232% | 990 |
| 2016 | $30,599,918▲30.2% | $29,734,374▲36.1% | $2,230,938▲47.2% | $5,111,633▼4.6% | 990 |
| 2015 | $23,506,362▲48.7% | $21,853,734▲31.2% | $1,515,396▲612% | $5,355,765▲18.3% | 990 |
| 2014 | $15,810,030▲78.9% | $16,663,006▲73.7% | $212,768▼80.0% | $4,528,120▲48.0% | 990 |
| 2013 | $8,836,454 | $9,590,976▲23.9% | $1,065,744▼56.2% | $3,058,895▲7.2% | 990 |
| 2012 | — | $7,738,795▲2.9% | $2,430,807▲33.2% | $2,853,112▼7.8% | 990 |
| 2010 | — | $7,523,039▲29.0% | $1,825,176▲54.9% | $3,094,610▲70.4% | 990 |
| 2009 | — | $5,832,521 | $1,178,600 | $1,815,584 | 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.
Leadership & compensation (FY2024)
Highest-paid: Ivan Merkelj — $528,553 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ivan Merkelj | Medical Director of Pace | 40 | $528,553 |
| Paola Pouponneau-nisbett | Sr. Vp of Community | 20 | $347,469 |
| Alejandro Robles Torres | Geriatric Physician | 40 | $323,938 |
| Tina Kowalski | Administrator | 40 | $197,205 |
| Jessica Ellis | Executive Director of Palm Beach Pac | 40 | $162,197 |
| Tony Nguyen | Staff Therapist | 40 | $159,606 |
| Peter Goliver | Director of Clinical Service | 40 | $140,651 |
| Andrew Sankin | Director | 2 | — |
| Arthur Loring | Director | 2 | — |
| Beth Goldberg | Director | 2 | — |
| Cynthia Hirsch | Director | 2 | — |
| David Moscow | Director | 2 | — |
| Dean Rosenbach | Director | 2 | — |
| Deborah Robbins | Director | 2 | — |
| Eileen Berman | Director | 2 | — |
| Francine Kittredge | Director | 2 | — |
| Heidi Horowitz | Director | 2 | — |
| John Levin | Director | 2 | — |
| Judith Schlager | Director | 2 | — |
| Keith Myers | Ceo, President | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Morselife Health Systems Inc | Management Services | $10,596,767 |
| Tabula Rasa Healthcare Inc | Healthcare Services | $5,120,155 |
| Innermark Tpa LLC | Tpa For Pace | $455,815 |
| Intus Care Inc | Analytics and New Emr | $320,910 |
| Nations Bus Corporation | Buses | $310,239 |
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Frequently asked questions
- Is Morselife Home Care Inc a legitimate nonprofit?
- Yes. Morselife Home Care Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2753822, based in West Palm Bch, Florida. Donations are tax-deductible.
- What is Morselife Home Care Inc's EIN?
- Morselife Home Care Inc's Employer Identification Number (EIN) is 59-2753822.
- How much revenue does Morselife Home Care Inc report?
- Morselife Home Care Inc reported $124,679,022 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Morselife Home Care Inc's spending goes to programs?
- Morselife Home Care Inc spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Morselife Home Care Inc have?
- CharityIndex grades Morselife Home Care Inc B+, based on program efficiency and fundraising cost.
- How much does Morselife Home Care Inc's highest-paid employee make?
- The highest reported compensation on Morselife Home Care Inc's latest Form 990 is $528,553, paid to Ivan Merkelj (Medical Director of Pace).
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Data for Morselife Home Care Inc (EIN 59-2753822) 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.