Baptist Health
Legal name: Baptist Health System Foundation Inc
Nonprofit profile at a glance
- EIN
- 592487135
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Jacksonville, FL, United States
- Phone
- 9042022883
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Affiliation
- Christianity
Reported finances
- Revenue
- $62,633,341
- Expenses
- $21,799,384
- Assets
- $414,933,278
- Liabilities
- $4,491,439
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
32 people listed
Executive titles in this filing
- MICHAEL A MAYO DHA (PRESIDENT)
Highest reported compensation
- MICHAEL A MAYO DHA (PRESIDENT): $2,654,184 total reported compensation
- KEITH A TICKELL (FORMER ASST. TREASURER (AS OF 07.25.22)): $1,301,140 total reported compensation
- G SCOTT BAITY ESQ (ASST. SECRETARY): $1,113,927 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 make hope, healing and well-being accessible to every person as an expression of God's love. As a not-for-profit health care system, philanthropy touches every aspect of Baptist Health and defines us as an organization. The Baptist Health Foundation supports the programs and services of our health system and hospitals, enabling Baptist Health to provide the highest quality care for our patients and our community. A key priority is growing endowments that ensure long-term stability for Baptist Health and Wolfson Children’s Hospital, promising quality care for generations to come. Our Foundation Report shows how these funds support our mission. Learn more here.
What it reported doing in 2024
Baptist heatlh system foundation, inc. Plans, develops and coordinates the fundraising activities for baptist health system, inc. And its licensed hospitals in the northeast Florida region. The proceeds are used to support the exempt charitable activities of these hospitals.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 48% for direct work, and 52% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 75
- Accountability: 84
- Sustainability: 91
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.5%; rating input score 42
- Program expense ratio: 79.6%; rating input score 80
- Fundraising efficiency: $11.82 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th 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: 99.8%; rating input score 100; 44th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 81.5%; rating input score 81; 29th 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: 65.2%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 19.03; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 95; 95th percentile among comparable filings
- Officer compensation ratio: 2.5%; rating input score 46; 46th percentile among comparable filings
Growth
- Program expense growth: 10.2% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 13.5% per year; rating input score 100; 82nd percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 41.5% of revenue deployed · 79.6% of spending went to programs
- Governance: 22 of 27 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $17.3M in reported program spending
- Leadership: top reported pay $2.7M · 32 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed
- Consistency: 47 of 47 current checks pass
- 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: 3 filed money-flow records
- Related organizations: 17 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Officer compensation ratio scored 46/100.