Baptist Health South Florida Foundation Inc

Nonprofit profile at a glance

EIN
591923401
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Coral Gables, FL, USA
Phone
7866627000
Rating
81
Verdict
STRONG
Rating confidence
Standard
Sector
Fund Raising and/or Fund Distribution
Affiliation
Christianity

Official website

Reported finances

Revenue
$84,259,215
Expenses
$78,583,238
Assets
$669,044,056
Liabilities
$141,254,537

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

Leadership & pay

136 people listed

Executive titles in this filing

  • ALEXANDRA VILLOCH (CEO)

Highest reported compensation

  • JOE NATOLI (CHIEF ADMIN OFFICER): $2,182,166 total reported compensation
  • ALEXANDRA VILLOCH (CEO): $1,653,546 total reported compensation
  • JANETTE L SANCHEZ (CORPORATE VP OF FINANCE): $1,029,084 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o

Operating model

Revenue model
Donor-supported. 82% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.
  • 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 70
  • Accountability: 86
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88%; rating input score 88
  • Program expense ratio: 88.7%; rating input score 89
  • Fundraising efficiency: $16.92 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 89.5%; rating input score 89; 4th 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: 100%; rating input score 100; 55th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 99.1%; rating input score 99; 54th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.7%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 8.51; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 3.2%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 14.7% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 14.1% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 15.8% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 88% of revenue deployed · 88.7% of spending went to programs
  • Governance: 116 of 117 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $69.7M in reported program spending
  • Leadership: top reported pay $2.2M · 136 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $1.8M reported
  • Consistency: 34 of 36 current checks pass · 2 findings to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 21 filed money-flow records
  • Related organizations: 51 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.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 54/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule D revenue reconciliation did not reconcile in the filed values.