Boone Hospital Foundation

Nonprofit profile at a glance

EIN
030477306
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Columbia, MO, USA
Phone
5738152800
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$1,834,876
Expenses
$687,054
Assets
$20,637,298
Liabilities
$39,587

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • JAMES ROLLER (PRESIDENT)
  • ARLENE HEINS (VICE PRESIDENT)
  • MONCIA COLLINS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MONCIA COLLINS (EXECUTIVE DIRECTOR): $118,607 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 seek financial resources to support efforts of boone hospital center in its mission to improve the health and wellness of current and future generations in the communities we serve.

What it reported doing in 2024

Current need and friends of the foundation: the current need and friends of the foundation unrestricted funds support enhancements and expansions to a variety of programs and services of the hospital to help improve patient care and community wellness. Below are programs and services supported from these funds: - continuous ambient relaxation environment (care channel): this channel is helpful in reducing pain, stress, restlessness, anxiety and fear in patients. It provides beautiful music and images and supports the patients circadian rhythm with sunrise images in the morning and sunset in the evening and stars at night. This is available on every tv in the facility.- medical heart and lung pillows: these pillows are given to post surgery patients for support while deep breathing, coughing, turning or changing positions when activity is resumed after surgery. They provide help to accelerate healing and aid in pain management, relaxation and sleep.

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 78% for direct work, and 22% for 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 a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 94
  • Accountability: 90
  • Sustainability: 85
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.5%; rating input score 54
  • Program expense ratio: 47.6%; rating input score 48
  • Fundraising efficiency: $5.92 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings

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; 76th 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; 63rd 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 62.6%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 30.04; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 17.3%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: -1.3% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 54.5% of revenue deployed · 47.6% of spending went to programs
  • Governance: 15 of 15 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $327K in reported program spending
  • Leadership: top reported pay $119K · 16 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 48/100.
  • High — Financial Efficiency: Fundraising efficiency scored 22/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.