Bowler-bartlett Foundation

Nonprofit profile at a glance

EIN
237425858
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-N 2012
Location
Concord, NH, USA
Phone
6032241909
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$86,501
Expenses
$59,065
Assets
$1,136,020
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • CATHRYN STRATTON (CEO, NHMS)
  • PATRICK HO (PRESIDENT,NH)
  • MARIE RAMAS (PRESIDENT EL)

Highest reported compensation

  • CATHRYN STRATTON (CEO, NHMS): $61,974 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The bowler-bartlett foundation is organized for charitable, educational and scientific purposes, including the advancement of the practice of medicine, enhancement of the quality of medical care, and the betterment of the health of New Hampshire citizens, as well as promotion and preservation of the history of medicine in the granite state.

What it reported doing in 2024

The bowler-bartlett foundation is organized for charitable, educational and scientific purposes, including the advancement of the practice of medicine, enhancement of the quality of medical care, and the betterment of the health of New Hampshire citizens, as well as promotion and preservation of the history of medicine in the granite state. The foundation also may render pecuniary aid to members who are needy, sick, disabled or aged, or to needy widows and/or widowers and children of decesed members. The discription of the foundation's funds shall be vested in a committee whose members shall consist of the trustees of the New Hampshire medical society.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Hybrid. The nonprofit split its reported program spending across 60% for direct work, 8% for grants, and 31% for affiliated organizations.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.4%; rating input score 84
  • Program expense ratio: 100%; rating input score 100
  • 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th 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: Fail
    • CEO compensation review process: Fail
    • 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: Pass

Sustainability

  • Operating margin: 31.7%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 19.23; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 10.2%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 25.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 12.8% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 8.6% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 84.4% of revenue deployed · 100% of spending went to programs
  • Governance: 6 of 6 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $59K in reported program spending
  • Leadership: top reported pay $62K · 6 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 8 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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 — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 16/100.