FMOL Health

Legal name: Franciscan Missionaries of Our Lady Health System Inc

Nonprofit profile at a glance

EIN
721028323
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Baton Rouge, LA, US
Phone
2259232701
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Community Health Systems

Official website

Reported finances

Revenue
$445,304,404
Expenses
$488,558,137
Assets
$3,440,987,973
Liabilities
$3,078,290,136

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

Leadership & pay

28 people listed

Executive titles in this filing

  • Evert Kuiper (CEO & President)
  • Charles Spicer (President, Lake & Baton Rouge Market)
  • Jeremy Tinnerello (President, St. Dominic MS Market)
  • Stephanie Manson (President, Lourdes & Acadiana Market)
  • Thomas J Gullatt MD (President, St Francis & North Market)
  • Kenneth Wester (Former OLOL President)

Highest reported compensation

  • Richard Vath (Former CEO & President): $3,129,537 total reported compensation
  • Hunter Richardson (EVP Chief Administrative Officer): $1,944,829 total reported compensation
  • Michael Gleason (Chief Financial Officer): $1,761,293 total reported compensation

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

Overview

Mission

Inspired by the vision of St. Francis of Assisi and the tradition of the Roman Catholic Church, we extend the healing ministry of Jesus Christ to God’s people, especially those most in need.

What it reported doing in 2024

Franciscan missionaries of our lady health system, inc. Serves as the sole member to the following hospitals across Louisiana and Mississippi: st. Francis medical center in monroe, our lady of the lake regional medical center in baton rouge, our lady of lourdes regional medical center in lafayette, our lady of the angels hospital in bogalusa and st. Dominic jackson memorial hospital in jackson, ms. These hospitals offer a full array of acute care and tertiary services. Franciscan missionaries of our lady health system, inc. Provides for all its subsidiaries strategic planning, leadership services, and business support functions. These services include planning, finance, legal, risk management, materials, and compliance. Additionally, the franciscan missionaries of our lady health system, inc. Provides technology support that makes it easier for doctors to make the right diagnosis, makes healthcare safer and improves the quality of care. Franciscan missionaries of our lady health system, inc. Also provides guidance and resources that support the entire system's efforts in markedly changing how the healthcare system cares for the elderly population. Franciscan missionaries of our lady health system, inc. Coordinates and supports its system-wide mission of reaching those people who are most in need of health care in each of the communities served by its hospitals.

Operating model

Revenue model
Other-operating. 99% of the money available for current operations came from other operating revenue.
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

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: 21
  • Transparency & Controls: 66
  • Accountability: 77
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 25.8%; rating input score 26
  • Program expense ratio: 20%; rating input score 20
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 81.3%; rating input score 81; 18th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 76.9%; rating input score 77; 25th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9.7%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 7.04; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.89; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 4.1%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 11% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 11.5% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 21.3% per year; rating input score 100; 94th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 7 operating locations identified
  • Where the money goes: 25.8% of revenue deployed · 20% of spending went to programs
  • Governance: 10 of 13 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $97.9M in reported program spending
  • Leadership: top reported pay $3.1M · 28 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $76.5M reported
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes foreign activity, grants, executive pay, and related organizations
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 18 filed money-flow records
  • Related organizations: 41 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 26/100.
  • High — Financial Efficiency: Program expense ratio scored 20/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Sustainability: Operating margin scored 8/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.