Angel Medical Center Auxiliary

Nonprofit profile at a glance

EIN
562133719
IRS 990-EZ coverage
2009–2020
Forms available
Form 990-EZ 2020
Location
Franklin, NC, USA
Phone
8283496688
Rating
33
Verdict
REVIEW
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$3
Expenses
$14,943
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Vacant (President)
  • Vacant (Vice President)

People named in this filing

  • Vacant (President)
  • Vacant (Vice President)
  • Vacant (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Angel Medical Center Auxiliary's primary exempt purpose was to support Angel Medical Center, a 501(c)(3) hospital. However it became part of HCA Healthcare, a for profit health services corporation effective February 1, 2019, leaving us without an exempt purpose. Due to an intervening pandemic, we were unable to complete our termination and dissolution until September 27, 2021, with final disbursement of funds on hand.

What it reported doing in 2020

Our supported organization for over 54 years, Angel Medical Center, was no longer an eligible recipient of our financial support as of the prior tax year and all of the current 2020-2021 tax year. As a result of our liquidation and termination, we distributed all of our remaining funds to Macon Medication Assistance Program which benefits the citizens of Macon County and surrounding area who are unable to afford medications. The program is a life-saver for those who are shut out of much of the healthcare system.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -498,000%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -14.3% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: -14.6% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -14.6% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2009 to 2020
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.