Lourdes Hospital Foundation Inc
Overview
Mission
Lourdes hospital foundation solicits contributions to provide funding for our lady of lourdes memorial hospital
Operating model
- Revenue model
- Donor-supported. 60% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
Nonprofit profile at a glance
- EIN
- 161170915
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Headquarters
- Binghamton, NY, USA
- Phone
- 6077985788
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Hospital, General
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 94
- Accountability: 98
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.8%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.7%; rating input score 96; 26th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -67.7%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 5.51; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 0.7% per year; rating input score 100; 14th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 22nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 92.8% of spending went to programs
- Governance: 22 of 23 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $5.6M in reported program spending
- Leadership: top reported pay $0 · 23 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 14 annual filings from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
23 people listed
Source: IRS Form 990. Selected filing: FY2024.