Henry Ford Health St John Foundation
Overview
Mission
As one of the nation's leading integrated health systems, it is the mission of henry ford health system, a related entity of the filing organization, to improve people's lives through the excellence of the science and art of health care and healing.
What it reported doing in 2024
Henry ford health st. John foundation's purpose is to advance the mission, vision and values of henry ford health st. John hospital by raising funds to enhance the programs and services of the system's east region.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 202961579
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Headquarters
- Detroit, MI, USA
- Phone
- 3138768714
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Single Organization Support
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 72
- Accountability: 77
- Sustainability: 81
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64%; rating input score 64
- Program expense ratio: 71.6%; rating input score 72
- Fundraising efficiency: $3.99 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 94.3%; rating input score 94; 29th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 76%; rating input score 76; 13th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 24.1%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 10.99; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 4.9%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: 10.6% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 8.9% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 64% of revenue deployed · 71.6% of spending went to programs
- Governance: 19 of 25 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5.3M in reported program spending
- Leadership: top reported pay $7.1M · 33 people listed · 0 of 6 pay-setting controls reported
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 16 annual filings from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 418 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
33 people listed
Highest reported compensation
- ROBERT G RINEY (PRESIDENT/CEO (START 10/2024)): $7,081,174 total reported compensation
- ROBIN S DAMSCHRODER (TREASURER/CFO (START 10/2024)): $3,410,191 total reported compensation
- MICHAEL MCCULLOUGH (CFO, MINISTRY MARKET (END 9/2024)): $1,146,026 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.