Christus Spohn Health System DEVELOPMENT FND

Nonprofit profile at a glance

EIN
741906005
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Corpus Christi, TX, USA
Phone
3618813505
Rating
58
Verdict
MIXED
Rating confidence
Standard
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$4,532,624
Expenses
$1,024,437
Assets
$41,276,005
Liabilities
$104,421

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

Leadership & pay

27 people listed

Highest reported compensation

  • Patricia ACano (Foundation VP Philanthropy): $228,163 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 primary purpose of the christus spohn health system development foundation is to promote philanthropy and charitable giving in order to provide resources to enhance the ability of christus health and christus spohn health system corporation in their mission of extending the healing ministry of jesus christ by providing for the community's health needs. In furtherance of those purposes, the foundation solicits and receives charitable gifts and grants to administer and invest and reinvest the same and to apply the whole or any part of the income and the principal exclusively for the benefit of the health care facilities, services and health community programs supported or operated by christus spohn health system corporation within its service area in south Texas.

What it reported doing in 2024

Christus spohn health system development foundation (the "foundation") is a Texas non-profit organization serving the philanthropic needs of christus spohn health system corporation (the "health system"). It is the foundation's responsibility to encourage and receive contributions from individuals, corporations, associations, and foundations. These contributions are distributed to the health system and its non-profit hospitals, in accordance with the intentions of the donors and within the confines of the foundation's goals and objectives. All contributions assist the health system in continuing to provide high quality health care in areas such as modernization and construction if needed in the hospital facilities, acquisition of hospital equipment, and other special health care needs of the health system. The foundation provided funds to the health system during the fiscal year for capital equipment, mammogram screening, breast cancer awareness, services for the medically indigent and hospital improvements. The foundation's sole corporate member is the health system; the health system's sole corporate member is christus health. Christus spohn health system is part of christus health, which was formed in 1999 to strengthen the 153-year-old, faith-based health care ministries of the congregations of the sisters of charity of the incarnate word of houston and san antonio. Founded on the mission "to extend the healing ministry of jesus christ," christus is challenged to reach out to, and beyond, the more than 60 communities we serve to help those in need. The vision of christus spohn health system corporation, as a catholic, faith-based ministry, is to be a leader and advocate in creating exemplary health care services, processes and structures that improve the health of individuals and of local and global communities so that all may experience god's healing presence and love. Christus spohn health system corporation responds to health care needs through services provided at christus spohn hospital corpus christi with three campuses, the 787-bed shoreline campus, the 33-bed south surgical campus and the 172-bed south campus, as well as christus spohn hospital kleberg with 96 beds in kingsville, christus spohn hospital alice with 135 beds in alice and christus spohn hospital beeville with 69 beds in beeville. Each of the facilities of christus spohn health system corporation share one objective - which is to lead the way to a healthier community. The christus spohn health system corporation is located along the lower Texas coastal area (often called the coastal bend). Its service area stretches throughout south Texas, and it comprises of a population of more than 562,000 individuals.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - 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: 20
  • Transparency & Controls: 78
  • Accountability: 95
  • Sustainability: 93
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 14.4%; rating input score 14
  • Program expense ratio: 31%; rating input score 31
  • Fundraising efficiency: $5.19 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: 77.4%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 40.29; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 3.5%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 1.1% per year; rating input score 100; 18th percentile among comparable filings
  • Revenue growth: -3% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 4.7% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 14.4% of revenue deployed · 31% of spending went to programs
  • Governance: 24 of 24 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $317K in reported program spending
  • Leadership: top reported pay $228K · 27 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 26 of 28 current checks pass · 2 findings to review
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 14/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 31/100.
  • High — Financial Efficiency: Fundraising efficiency scored 18/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • 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.