Guthrie Towanda Memorial Hospital
Nonprofit profile at a glance
- EIN
- 240786657
- IRS 990 coverage
- 2009–2020
- Forms available
- Form 990 2020
- Location
- Towanda, PA, USA
- Phone
- 5702652191
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $13,772,403
- Expenses
- $17,791,319
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- FELISSA B KOERNIG JD (DIRECTOR - PRESIDENT)
Highest reported compensation
- PAUL G VERVALIN (DIRECTOR - EVP/COO TGC): $556,746 total reported compensation
- FRANCIS M MACAFEE (CFO (EFF. 8/9/20)): $286,033 total reported compensation
- FELISSA B KOERNIG JD (DIRECTOR - PRESIDENT): $245,082 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The provision of charitable healthcare services to residents of the surrounding community on an in-patient and out-patient basis in a non-discriminatory manner regardless of race, color, creed, sex, or national origin.
What it reported doing in 2020
Guthrie towanda memorial hospital is a not-for-profit acute care hospital and long term care facility located in towanda, pa. The hospital provides inpatient, outpatient, emergency care, long-term care and home health services to residents of towanda, pa and surrounding communities. Hospital doctors continuously work with qualified specialists and many others within the bradford and sullivan county medical communitites, as well as outside of this area, in order to provide patients with access to quality specialty care. The hospital routinely works with specialists in sayre, pa; elmira, ny; binghamton, ny; williamsport, pa; scranton, pa; danville, pa; and philadelphia, pa, to meet patients' healthcare needs.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 90
- Accountability: 92
- Sustainability: 6
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.2%; rating input score 81
- Program expense ratio: 62.9%; rating input score 63
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 19th 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: -29.2%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 6.4%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: -11.2% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -5.2% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -6.5% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 81.2% of revenue deployed · 62.9% of spending went to programs
- Governance: 12 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $11.2M in reported program spending
- Leadership: top reported pay $557K · 21 people listed · 4 of 6 pay-setting controls reported
- Consistency: 33 of 33 current checks pass
- Schedules: 10 filed schedules · includes major donors and executive pay
- Filing history: 12 filing years from 2009 to 2020
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 16 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 — Sustainability: Operating margin scored 3/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.