Franciscan Pace Inc

Nonprofit profile at a glance

EIN
260297860
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-N 2007
Location
Baton Rouge, LA, USA
Phone
2259232701
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$31,473,407
Expenses
$30,294,401
Assets
$27,085,994
Liabilities
$10,695,798

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

Leadership & pay

19 people listed

Executive titles in this filing

  • Karen Allen (Former President)

Highest reported compensation

  • Michael Gleason (Chief Financial Officer): $1,761,293 total reported compensation
  • James Craven MD (Chief Physician Officer): $1,439,657 total reported compensation
  • Jennifer Decuir (EVP, General Counsel): $1,236,257 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 and in the tradition of the roman catholic church, we extend the healing ministry of jesus christ to god's people, especially those most in need. We call forth all who serve in this healthcare ministry, to share their gifts and talents to create a spirit of healing - with reverence and love for all of life, with joyfulness of spirit, and with humility and justice for all those entrusted to our care. We are, with god's help, a healing and spiritual presence for each other and for the communities we are privileged to serve.

What it reported doing in 2024

The pace program is designed to provide programs of all-inclusive care for the elderly. An array of services are provided at the pace center such as recreational therapy, meals, social activities, and a medical clinic. Pace retains an on-staff team of nurses, an online pharmacy network and two physicians who dispense medication, monitor vital signs and tend to the well-being of the participants. During the current year, the program had 252 participants. Participants in the pace program can receive outpatient or inpatient physician visits. Examples of outpatient and inpatient services are hospitalization and specialist visits. During the current year, 8,069 inpatient and 8,600 outpatient visits occurred. Franciscan pace has also established the patient care assistance program. This program offers basic services such as meals, cleaning and restroom assistance for the participants at their homes. During the current year, the program had 121 participants.

Operating model

Revenue model
Other-operating. 97% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 64
  • Accountability: 58
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97%; rating input score 97
  • Program expense ratio: 99.9%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 60%; rating input score 60; 10th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: 3.7%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.89; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 4.1%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 12.9% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 97% of revenue deployed · 99.9% of spending went to programs
  • Governance: 6 of 10 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $30.3M in reported program spending
  • Leadership: top reported pay $1.8M · 19 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $11.1M reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 10 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 34 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.