Fishermen's Hospital Inc

Nonprofit profile at a glance

EIN
590914771
IRS 990 coverage
2017–2019
Forms available
Form 990 2019
Location
Marathon, FL, USA
Phone
3057435533
Rating confidence
Limited
Sector
Single Organization Support
Affiliation
Christianity

Official website

Reported finances

Revenue
$0
Expenses
$183,335
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • PETER CHAPMAN (MEMBER)
  • BARBARA WRIGHT (VICE CHAIR)
  • JEFF COLDREN (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide excellence in health care.to promote patient, physician and staff satisfaction and confidence.to ensure patient rights are protected and respected.to improve the quality of medical services consistent with technological and systems development.to seek out the medical needs of the community we serve and to meet those needs in a timely and cost effective manner.to protect our environment in every task we undertake.to provide opportunities to our staff for their personal and professional development.to communicate the positive and effective role played by fishermen's community hospital in our community.to perform our mission at the highest level of ethical expectations.

What it reported doing in 2019

The hospital was licensed during the fiscal year ended june 30, 2017 by the state of Florida to operate 25 beds, including 12 swing beds, as a critical access hospital. The hospital provided acute inpatient care and outpatient services, primarily to patients in the lower and middle Florida keys. The hospital facility was sold to baptist health south Florida on july 1, 2017.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 90
  • Accountability: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -123.2% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -150% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -96.5% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: 6 of 6 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $183K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2017 to 2019
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.