Beloit Regional Hospice Inc

Nonprofit profile at a glance

EIN
391420944
IRS 990 coverage
2014–2015
Forms available
Form 990 2015
Location
Beloit, WI, USA
Phone
6083637421
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospices

Official website

Reported finances

Revenue
$3,745,110
Expenses
$4,023,811
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • Bill Sullivan (Past President/Interim Executive Director)
  • Doris Mulder (VICE PRESIDENT)
  • REv Gene Van Galder (President)
  • natasha Weberg (exECUTIVE DIRECTOR)

Highest reported compensation

  • Elizabeth Quinn (Fiscal Director): $90,941 total reported compensation
  • natasha Weberg (exECUTIVE DIRECTOR): $85,080 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Medical care and support to help make each moment of remaining life as full and comfortable as possible.

What it reported doing in 2015

History and Accomplishments Beloit Regional Hospice is an independent hospice organization serving terminally ill patients and their families in a five-county area of the Wisconsin-Illinois stateline. Hospice provides an end-of-life option that supports dying patients and their families with comfort, compassion, and dignity at the end of life. Current Program and ActivitiesBeloit Regional Hospice focuses on providing comfort and dignity to its patients by offering them independence and control during this poignant phase of life's journey. Any person, whose illness has advanced to the point of him/her no longer seeking life-extending care but rather comfort and quality of life, is eligible for services offered by Beloit Regional Hospice, regardless of ability to pay. Patients include people of all ages and a variety of illnesses. Approximately 40% of those who receive care have a cancer diagnosis. Others may include end stage diseases such as heart, lung, Huntington's, and Alzheimer's & other forms of dementia. Emphasis is placed on the alleviation of pain and other symptoms that include the physical, social, and spiritual needs of the dying person as well as the emotional and spiritual needs of family members and caregivers. Hospice care involves a team-oriented approach that includes physicians, nurses, home health aides, social workers, clergy, and volunteers who work together, alongside the patient and their family, to plan and coordinate care. Beloit Regional Hospice offers bereavement services at no charge to family members and the community at large offering a variety of grief support groups for children, teens, and adults.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program 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.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 92
  • Accountability: 86
  • Sustainability: 13
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.4%; rating input score 78
  • Program expense ratio: 73.5%; rating input score 74
  • Fundraising efficiency: $0.71 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.4%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 4.4%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: -3% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: -14.2% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 78.4% of revenue deployed · 73.5% of spending went to programs
  • Governance: 15 of 15 board members independent · 6 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $3M in reported program spending
  • Leadership: top reported pay $91K · 17 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 2 filing years from 2014 to 2015
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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: Fundraising efficiency scored 2/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 52/100.