Healthcare and Wellness Foundation

Nonprofit profile at a glance

EIN
760761782
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2020
Location
Phoenix, AZ, USA
Phone
2186433000
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$76,842
Expenses
$137,659
Assets
$1,568,292
Liabilities
$24,069

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

Leadership & pay

15 people listed

Executive titles in this filing

  • DAVID NELSON (PRESIDENT/CEO (PARTIAL YEAR))
  • TERRY ANDERSON (PRESIDENT, CEO (EFFECTIVE 09/15/2024))

Highest reported compensation

  • DAVID NELSON (PRESIDENT/CEO (PARTIAL YEAR)): $517,225 total reported compensation
  • TIM SCHNACK (MARKET CFO): $368,286 total reported compensation
  • NICK OTOOL (FORMER OFFICER): $346,543 total reported compensation

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

Overview

Mission

As an affiliate of commonspirit health, we make the healing presence of god known in our world by improving the health of the people we serve, especially those who are vulnerable, while we advance social justice for all.

What it reported doing in 2024

The healthcare and wellness foundation was incorporated as a 501(c)(3), tax-exempt charitable foundation in 2004 to serve as the official gift-receiving and gift-administration agency for st. Francis medical center and its subsidiaries, also known as chi st. Francis health, in breckenridge, Minnesota. The healthcare and wellness foundation was established to promote the development of new healthcare related services and public information to increase quality of life through wellness initiatives that emphasize the health of body, mind and spirit and nurture healthier communities.the healthcare and wellness foundation's current 7-member board of directors and executive director raise funds through special events, annual giving, major gifts, planned giving, corporate/foundation grants and capital campaigns to help fund the health care services and community outreach offered by st. Francis healthcare campus. In fy25, the healthcare and wellness foundation received a cumulative total of approximately $9,282 in revenue through gifts and pledges and $1,011 through in-kind donations. The healthcare and wellness foundation gift processing efforts for chi health at home hospice. Funds are used to help defray the non-covered costs of care for hospice patients, as well as to cover bereavement and volunteer expenses. The healthcare and wellness foundation continues to work towards establishing adequate reserve assets to enable funding of its operations into the future.

Operating model

Revenue model
Investment-supported. 62% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 69% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 64
  • Accountability: 83
  • Sustainability: 34
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94.2%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 22nd 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: 96.4%; rating input score 96; 57th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 26th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: -79.1%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 11.39; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 242.3%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 0.2% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: -7.7% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94.2% of spending went to programs
  • Governance: 6 of 7 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $130K in reported program spending
  • Leadership: top reported pay $517K · 15 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 16 of 17 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes grants and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 329 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 — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Operating margin scored 23/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.