Boncrest Resource Group, Inc.
Legal name: Boncrest Bridge City Llc
Nonprofit profile at a glance
- EIN
- 934561866
- IRS 990 coverage
- 2024–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-N 2023
- Location
- Brookhaven, GA, US
- Phone
- (800) 921-3371
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $50,328,918
- Expenses
- $57,109,212
- Assets
- $39,963,358
- Liabilities
- $41,975,171
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MAURICE ROSENBAUM (CEO/CHAIRMAN)
- AUDREY BURGOON (EXECUTIVE DIRECTOR OF ASBURY HEALTH CENTER)
- MARK SKELLY (EXECUTIVE DIRECTOR OF SENECA PLACE)
Highest reported compensation
- MARK SKELLY (EXECUTIVE DIRECTOR OF SENECA PLACE): $122,898 total reported compensation
- HOLLY VILLELLA (SNF ADMINISTRATOR): $114,815 total reported compensation
- AUDREY BURGOON (EXECUTIVE DIRECTOR OF ASBURY HEALTH CENTER): $106,934 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Boncrest is dedicated to charitable operation of its communities in a manner that maximizes reinvestment in programs, services, and people.
What it reported doing in 2024
The specific purposes of the corporation include, without limitation, a broad range of activities and programs that promote the physical health, emotional health, behavioral health, wellness, and social well-being of the individuals, families, communities, and populations served by the corporation, which charitable purposes may be accomplished through various means, including without limitation, the development, construction, ownership, management oversight, operation, and disposition of the following: hospital facilities; skilled-nursing facilities; intermediate-care facilities; pediatric facilities; assisted-living facilities; independent-living facilities; facilities for the developmentally disabled; continuing-care facilities; congregate-care facilities; other types of senior care and housing facilities; innovative healthcare delivery models and systems that can provide services under coordinated care payment models such as accountable care organizations and other entities that promote quality of care for individuals, better health for populations, and containment of healthcare costs; housing for senior, student, or similar living; and other types of inpatient, outpatient, and housing facilities through which such activities and programs may be pursued.
Operating model
- Revenue model
- Other-operating. 90% of the money available for current operations came from other operating 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 100
- Accountability: 90
- Sustainability: 21
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.7%; rating input score 90
- Program expense ratio: 79%; rating input score 79
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th 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; 77th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -13.5%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 1.05; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- What they do: 2 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 89.7% of revenue deployed · 79% of spending went to programs
- Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $45.1M in reported program spending
- Leadership: top reported pay $123K · 7 people listed
- Highest-paid contractors: 5 contractors listed · $9.1M reported
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 16 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 — Sustainability: Operating margin scored 6/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.