Bluestem Regional Medical Development Foundation Inc
Nonprofit profile at a glance
- EIN
- 731081013
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-EZ 2021
- Location
- Bartlesville, OK, USA
- Phone
- 9183337200
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $84,717
- Expenses
- $25,383
- Assets
- $648,561
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- Kenneth Adams (Vice Chairman)
- Kaleb Potter (Trustee)
- Dr Bruce Brookby (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bluestem Regional Medical Development Foundation, Inc (The "Foundation") is a not-for-profit organization whose mission and principal activities are to solicit contributions for Jane Phillips Medical Center (The "Hospital") and other affiliated health care institutions. The Foundation makes donations for capital needs of the Hospital and other affiliated health care institutions based on recommendations of joint studies of the medial staff and management of the Hospital. The Foundation is related to the Hospital by common management and certain common trustees. The Foundation's revenues and other support are derived principally from contributions and fund raising events and it activities are conducted principally in the Washington County, Oklahoma area.
What it reported doing in 2024
Bluestem Regional Medical Development Foundation, Inc (The "Foundation") is a not-for-profit organization whose mission and principal activities are to solicit contributions for Jane Phillips Medical Center (The "Hospital") and other affiliated health care institutions. The Foundation makes donations for capital needs of the Hospital and other affiliated health care institutions based on recommendations of joint studies of the medical staff and management of the Hospital. The Foundation is related to the Hospital by common management and certain common trustees. The Foundation's revenues and other support are derived principally from contributions and fund raising events and its activities are conducted principally in the Washington County, Oklahoma area.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 94
- Accountability: 94
- Sustainability: 84
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42.6%; rating input score 43
- Program expense ratio: 96.7%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 70%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 25.55; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -8.4% per year; rating input score 0; 31st percentile among comparable filings
- Revenue growth: -9.6% per year; rating input score 0; 33rd percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 42.6% of revenue deployed · 96.7% of spending went to programs
- Governance: 7 of 7 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $25K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 12 of 12 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 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 43/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.