Heritage Valley Beaver Foundation

Nonprofit profile at a glance

EIN
251441516
IRS 990 coverage
2009–2017
Forms available
Form 990 2017
Location
Moon Township, PA, USA
Phone
4127497121
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$3,756,857
Expenses
$1,054,282
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • NORMAN MITRY (PRESIDENT & CEO)
  • BRYAN RANDALL (VICE-PRESIDENT, FINANCE & CFO)

Highest reported compensation

  • NORMAN MITRY (PRESIDENT & CEO): $951,385 total reported compensation
  • BRYAN RANDALL (VICE-PRESIDENT, FINANCE & CFO): $494,760 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule oheritage valley beaver foundation is a supporting organization and is responsible for carrying out the philanthropic activities for heritage valley beaver, division of valley medical facilities, by providing stewardship for monies raised while working toward enhancement of patient care and programs throughout the community.

What it reported doing in 2017

Heritage valley beaver foundation expended $550,000 from board-designated funds for renovation and equipment costs to fund a community-based six chair dental clinic to serve the dental needs of adults and children in beaver county. Primary health network will assume responsibility for the on-going operations and funding, which will commence operations in january 2018. The dental clinic will provide a community-based dental service for both emergent and routine dental care; will lead to decreased use of emergency room visits for routine dental care which is inefficient and expensive, and will improve access to dental care services for the uninsured and under-insured and for medical assistance recipients.

Operating model

Revenue model
Investment-supported. 72% of the money available for current operations came from recurring investment income.
Distribution model
Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 52
  • Accountability: 84
  • Sustainability: 48
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.8%; rating input score 94
  • Program expense ratio: 92.8%; rating input score 93
  • Fundraising efficiency: $9.21 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

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: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 81.8%; rating input score 82; 15th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 71.9%; rating input score 97; 97th 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: 12.2%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 10.3% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: -3.8% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -3.6% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 93.8% of revenue deployed · 92.8% of spending went to programs
  • Governance: 9 of 11 board members independent · 7 of 8 filing controls reported
  • Programs: 11 filed program accomplishments · $978K in reported program spending
  • Leadership: top reported pay $951K · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 23 of 23 current checks pass
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 9 filing years from 2009 to 2017
  • 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.