Weeks Medical Center
Overview
Mission
Weeks medical center's compassionate staff is committed to providing high quality and efficient health care services to ensure the well-being of our patients, families and communities.
What it reported doing in 2023
Health care services to individuals in the surrounding region on an inpatient & outpatient basis, which includes hospital services as well as physician office services.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 020222242
- IRS 990 coverage
- 2009–2023
- Forms available
- Form 990 2023
- Headquarters
- Lancaster, NH, USA
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospitals
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 61
- Accountability: 87
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.6%; rating input score 77
- Program expense ratio: 80%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 14th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Foreign activity oversight: Limited
- Grant itemization coverage: 40.5%; rating input score 40; 9th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 77.8%; rating input score 78; 26th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 2.5%; rating input score 49; 49th percentile among comparable filings
- Operating reserve ratio: 0.75; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 4.3%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 8.1% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 6.4% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 76.6% of revenue deployed · 80% of spending went to programs
- Governance: 7 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $74.5M in reported program spending
- Leadership: top reported pay $725K · 23 people listed · 0 of 6 pay-setting controls reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 15 annual filings from 2009 to 2023
- Money network: 9 filed money-flow records
- Related organizations: 9 filed related-organization links