Baptist Health
Nonprofit profile at a glance
- EIN
- 710236856
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Little Rock, AR, USA
- Phone
- 5012022000
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Hospital, General
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,475,094,828
- Expenses
- $1,417,162,219
- Assets
- $1,997,278,800
- Liabilities
- $757,537,577
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
33 people listed
Executive titles in this filing
- TROY WELLS (PRESIDENT & CEO)
- AARON WALKER (PRESIDENT - NORTH LITTLE ROCK)
- GREG CRAIN (PRESIDENT - CENTRAL REGION)
- JEFFREY CARRIER (PRESIDENT - WESTERN AR / EAST OK)
- MIKE PERKINS (PRESIDENT - LITTLE ROCK)
- WILL RUSHER (CEO/COO AHG/BHS)
Highest reported compensation
- TROY WELLS (PRESIDENT & CEO): $2,295,979 total reported compensation
- DOUGLAS WEEKS (CHIEF OF STRATEGY & INNOVATION): $1,643,102 total reported compensation
- GREG CRAIN (PRESIDENT - CENTRAL REGION): $1,183,141 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Baptist health exists to provide quality patient centered services, promote and protect the voluntary not-for-profit healthcare system, provide quality health education, and respond to the changing health needs of the citizens of Arkansas with christian compassion and personal concern consistent with our charitable purposes.
What it reported doing in 2024
Statement of program service accomplishments - baptist health provides access to a full range of comprehensive health care services to individuals regardless of race, creed, sex, national origin, disability, age, or ability to pay. Although reimbursement for services rendered is essential to baptist health for the continued operation, financial stability, and ability to provide needed new services and technology, it is recognized that not all individuals possess the ability to purchase health care and essential medical services. Further, our mission is to serve this community with respect to providing comprehensive health care services and health education. Therefore, in keeping with baptist health's commitment to serve the residents of its community, we provide: - subsidized education to health care professionals, - free and subsidized care to those who cannot pay, - care to persons covered by governmental programs at reimbursement below our regular rates paid by other third parties, - health education and programs/services to enhance the health status of the community; and - in-kind donations to non-profit community agencies to enhance their services to the community. Such services and programs are provided where the need and/or individual's inability to pay co-exists. These activities include wellness and prevention education programs, community diagnostic screening programs, special programs for the elderly, youth at risk, handicapped, medically under served, medical care for the uninsured, and a variety of broad community support activities. During 2024 baptist health served 47,103 inpatients and 312,703 outpatients, of which 103,633 received care in the emergency room. Baptist health also served 4,069 home health and hospice patients, 85 patients in the community palliative care program, and patients in hospital-based clinics totaling 265,149 clinic visits.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 70
- Accountability: 95
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.2%; rating input score 88
- Program expense ratio: 91%; rating input score 91
- Fundraising efficiency: $839.91 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 70.4%; rating input score 70; 14th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.9%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 1.41; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.38; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 1.1%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: 6.3% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 88.2% of revenue deployed · 91% of spending went to programs
- Governance: 16 of 16 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.3B in reported program spending
- Leadership: top reported pay $2.3M · 33 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $65.4M reported
- Consistency: 37 of 38 current checks pass · 1 finding to review
- Schedules: 13 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 37 filed money-flow records
- Related organizations: 44 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.