Good Shepherd Foundation Inc

Nonprofit profile at a glance

EIN
752056700
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Longview, TX, USA
Phone
9033155294
Rating
85
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$1,162,821
Expenses
$2,125,773
Assets
$5,994,274
Liabilities
$287,092

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

Leadership & pay

12 people listed

Executive titles in this filing

  • TODD HANCOCK (PRESIDENT/CEO)

Highest reported compensation

  • TODD HANCOCK (PRESIDENT/CEO): $907,014 total reported compensation
  • MICHAEL CHEEK (CFO): $639,834 total reported compensation
  • SUSAN WARD (EXECUTIVE DIR.): $144,739 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 good shepherd foundation's primary exempt purpose is to support the expansion and ongoing operations of the not-for-profit good shepherd medical center in its service to the community.

What it reported doing in 2024

The board's mission, in a partnership with good shepherd medical center, is to promote and provide philanthropic support to fund programs and services, provide community education and ensure that access to quality healthcare services remains available to all persons regardless of ability to pay. Our roots began in 1984 under the leadership of the good shepherd guild, a volunteer group of 60 women. The guild volunteers their time and talents in support of good shepherd medical center throughout the year. Gold rush has netted more than $8 million dollars in support of such projects. Over 450 businesses and individuals support gold rush through underwriting tables, auction items, and various necessities that make the event a huge success. Another part of that success is attributed to the 165 good shepherd employees who volunteer their time as greeters, food and beverage servers, valet parking attendants, cashiers and silent auction monitors throughout the evening.

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

STRONG - 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 76
  • Accountability: 94
  • Sustainability: 33
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.7%; rating input score 91
  • Fundraising efficiency: $72.62 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 99.8%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 88.9%; rating input score 89; 22nd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: -82.8%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 2.82; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 9%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: 19.8% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 0.1% per year; rating input score 100; 15th percentile among comparable filings
  • Asset growth: -0.1% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.7% of spending went to programs
  • Governance: 8 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.9M in reported program spending
  • Leadership: top reported pay $907K · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 18 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.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.