Children's Hospital Employees Foundation Council
Nonprofit profile at a glance
- EIN
- 346610801
- IRS 990 coverage
- 2014–2019
- Forms available
- Form 990 2019
- Location
- Akron, OH, USA
- Phone
- 3305438171
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $196,789
- Expenses
- $238,552
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
5 people listed
Highest reported compensation
- SUSAN GARDNER-HILL (CHAIRMAN): $71,945 total reported compensation
- TAMARA MULKEY (SECRETARY): $59,996 total reported compensation
- MELISSA KRAGER (CO-CHAIR): $56,764 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the children's hospital employee foundation ("efc") is to collect and distribute funds in the name of the employees of children's hospital medical center of akron and its affiliated companies to not for profit organizations.
What it reported doing in 2019
Children's hospital employees foundation is a not for profit organization organized, run and supported by the employees of children's hospital medical center of akron ("children's"). The foundation solicits and raises funds from children's employees. The funds raised are then distributed to the not for profit organizations that children's serves based on the recommendations of children's employees. Funds raised are also used to award scholarships to deserving dependent children of children's employees to aide them in achieving their career goals through higher education programs. The grants paid by the foundation provided support to over 200 various local and not-for-profit charities. Members of the board are employees of children's hospital medical center of akron. Members of the board are employees of children's and receive no additional compensation for their services on the foundation board.
Operating model
- Revenue model
- Donor-supported. 100% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 62
- Accountability: 21
- Sustainability: 8
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.8%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 1st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 31.7%; rating input score 32; 36th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -21.2%; rating input score 14; 14th 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: 35.4%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: -0.2% per year; rating input score 0; 38th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: -21.6% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.8% of spending went to programs
- Governance: 0 of 5 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $238K in reported program spending
- Leadership: top reported pay $72K · 5 people listed
- Consistency: 15 of 17 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes grants
- Filing history: 5 filing years from 2014 to 2019
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 4 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 — Accountability: Independent voting board scored 0/100.
- Moderate — Transparency & Controls: Grant itemization coverage scored 32/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Operating margin scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 8/100.