Blowing Rock Hospital Inc
Nonprofit profile at a glance
- EIN
- 560513181
- IRS 990 coverage
- 2009–2020
- Forms available
- Form 990 2020
- Location
- Blowing Rock, NC, USA
- Phone
- 8282624100
- Rating confidence
- Limited
- Sector
- Hospital, General
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- CHARLES MANTOOTH (CEO)
Highest reported compensation
- CHARLES MANTOOTH (CEO): $639,248 total reported compensation
- PAUL DAGHER MD (TRUSTEE): $458,925 total reported compensation
- KEVIN MAY (CFO (RESIGNE): $384,080 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support the provision of high quality, compassionate healthcare for the mountain region of northwest North Carolina, northeast Tennessee with a spirit of teamwork based on a set of operating values. Blowing rock hospital has ceased operations and completed the distribution of all remaining assets and liabilities during the fiscal year.
What it reported doing in 2020
The organization sold its operating assets (a 112-bed long-term care facility) to liberty healthcare group on september 30, 2019. The organization completed the liquidation of all remaining assets during the fiscal year.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 50
- Accountability: 60
- Sustainability: NotEnoughData
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 3rd 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: Limited
- Major donor itemization: Limited
- Related-party transparency: No; rating input score 0
Accountability
- Independent voting board: 80%; rating input score 80; 23rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -10.2% per year; rating input score 0; 38th percentile among comparable filings
- Revenue growth: -8.5% per year; rating input score 0; 40th percentile among comparable filings
- Asset growth: -11.4% per year; rating input score 0; 13th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 12 of 15 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $639K · 18 people listed · 0 of 6 pay-setting controls reported
- Consistency: 7 of 9 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 12 filing years from 2009 to 2020
- Contacts: How to reach this organization
- Related organizations: 6 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.
- Moderate — Accountability: Governance controls: 6 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.