Baptist Health Foundation Inc
Nonprofit profile at a glance
- EIN
- 237169407
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Little Rock, AR, USA
- Phone
- 5012022000
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
- Affiliation
- Christianity
Reported finances
- Revenue
- $9,507,811
- Expenses
- $4,219,215
- Assets
- $46,057,891
- Liabilities
- $2,093,524
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Highest reported compensation
- TROY WELLS (TRUSTEE): $2,295,979 total reported compensation
- BRENT BEAULIEU (TREASURER): $1,168,978 total reported compensation
- LENA HAYES (CHIEF DEVELOPMENT OFFICER (THRU 9/6/2024)): $207,380 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide funds in the form of gifts, grants, and services to baptist health and other charitable organizations in furtherance of their scientific, literary, and educational purposes.
What it reported doing in 2024
To provide funds in the form of gifts, grants, and services to baptist health hospitals & other charitable organizations in furtherance of their scientific, literary, and educational purposes.
Operating model
- Revenue model
- Donor-supported. 68% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 57
- Accountability: 91
- Sustainability: 83
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.9%; rating input score 61
- Program expense ratio: 72.1%; rating input score 72
- Fundraising efficiency: $11.3 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 95%; rating input score 95; 25th 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: Scored; rating input score 0
- Grant itemization coverage: 65.8%; rating input score 66; 18th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 92.3%; rating input score 92; 23rd 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: 55.6%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 10.92; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 9.9%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: -9% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: -2.2% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 60.9% of revenue deployed · 72.1% of spending went to programs
- Governance: 24 of 26 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3M in reported program spending
- Leadership: top reported pay $2.3M · 28 people listed · 0 of 6 pay-setting controls reported
- Consistency: 38 of 39 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 25 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.