Auxiliary to Laredo Medical Center

Nonprofit profile at a glance

EIN
342002260
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Laredo, TX, USA
Phone
9567638091
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$81,649
Expenses
$46,087
Assets
$186,328
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • SOCORRO GARZA (PRESIDENT)
  • ELIZABETH ALFORD (PRESIDENT ELECT)
  • MARY PREVOST (1ST VICE-PRESIDENT)
  • JOSIE FARIAS (2ND VICE PRESIDENT)
  • EMMA GARCIA (3RD VICE-PRESIDENT)
  • CUQUIS RAMIREZ (3RD VICE-PRESIDENT)

People named in this filing

  • SOCORRO GARZA (PRESIDENT)
  • ELIZABETH ALFORD (PRESIDENT ELECT)
  • MARY PREVOST (1ST VICE-PRESIDENT)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of this organization is charitable and civic. The auxiliary shall promote and advance the welfare of the patients, visitors, and staff of laredo medical center. This is accomplished by operating a gift shop and through fund raising activities. At the end of each fiscal year, the net profit from the gift shop shall be given to a designated charitable project and the net profit of fundraising activities shall be divided between the scholarship fund and the auxiliary general fund. Civic duties are fulfilled by staffing courtesy desks throughout the hospital, by providing escort and information services, tray favors for patients meal trays, and through providing assistance with special projects.

What it reported doing in 2024

Granted scholarships to students at Texas a&m international university, galen college of nursing, laredo community college, ut health science center, and utmb-galveston

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 100
  • Sustainability: 80
  • Growth: 60

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; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 43.6%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 4.04; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -85.7% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: 16.6% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 6% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • 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 — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.