Bridgeport Hospital Auxiliary Inc
Nonprofit profile at a glance
- EIN
- 066042500
- IRS 990 coverage
- 2009–2019
- Forms available
- Form 990 2019
- Location
- Bridgeport, CT, USA
- Phone
- 2036880580
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $137,672
- Expenses
- $136,013
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- LINDA ANTIGNANI (PRESIDENT/BOARD MEMBER)
Highest reported compensation
- SUSAN CASTAGNA (VICE PRES./BOARD MEMBER): $98,079 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule oto plan, support, and implement fundraising projects that assist bridgeport hospital in its health and welfare mission. On september 29, 2020, on approval of the board this entity was dissolved and its assets were transferred to its supported organization, bridgeport hospital.
What it reported doing in 2019
See schedule ohistorically, the bridgeport hospital auxiliary, inc. Was incorporated as a not-for-profit non-stock corporation under the non-stock corporation act of the state of Connecticut. The auxiliary's purpose was to supplement bridgeport hospital's internal services and activities to patients and personnel under the supervision of the hospital administration, promote good public relations between the hospital and the community, and initiate fund-raising projects for the benefit of the hospital, subject to approval of the board of directors of the hospital. The auxiliary's primary sources of support were a gift shop operated in the bridgeport hospital and two fund-raising events. Other sources of support included membership fees and donations.on september 29, 2020, on approval of the board this entity was dissolved and its assets were transferred to its supported organization, bridgeport hospital.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 93
- Accountability: 92
- Sustainability: 23
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.9%; rating input score 87
- Program expense ratio: 33.6%; rating input score 34
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 91.3%; rating input score 91; 50th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 95.2%; rating input score 95; 25th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.2%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 20.3%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: -6.7% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: -4% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: -7.1% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 86.9% of revenue deployed · 33.6% of spending went to programs
- Governance: 20 of 21 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $46K in reported program spending
- Leadership: top reported pay $98K · 21 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes grants and related organizations
- Filing history: 11 filing years from 2009 to 2019
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 35 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: Program expense ratio scored 34/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 20/100.