Highline Medical Center Foundation
Nonprofit profile at a glance
- EIN
- 911171170
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Normandy Park, WA, USA
- Phone
- 2067139867
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $71,325
- Expenses
- $3,224,374
- Assets
- $171,039
- Liabilities
- $492
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- GERALDINE L FAIN (PRESIDENT ELECT)
- CAMERON A SMOCK (President)
People named in this filing
- GERALDINE L FAIN (PRESIDENT ELECT)
- LAKEYSHA LAYFIELD (Trustee)
- CAMERON A SMOCK (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Highline Medical Center Foundation brings our community together to support exceptional health care, close to home, for all who need it. Thanks to the generosity of our caring neighbors and friends, we help ensure that St Anne Hospital has the resources it needs to keep people healthy and save lives. The foundation supports the provision of high-quality, leading-edge, compassionate care.
What it reported doing in 2024
Key programs include Highline Health Connections: Care navigation for vulnerable populations a program that bridges gaps in the health-care system to improve the health of the most vulnerable in our community. This program serves over-utilizers of our Emergency Department who have chronic medical conditions, who are low income and who many times, also have mental and behavioral health issues. A care management team address the needs of each Health Connections participant, supporting the participant to eliminate barriers, create a road map to success and achieve the ultimate goal of staying out of the hospital and taking initiative in their own health and well-being. A multi-year program, the program has served hundreds of people and continues to be successful in exceeding expectations, cutting hospital costs and most importantly, it continues to produce positive patient outcomes. Other focus areas of Foundation support for St Anne Hospital include nursing advancement and engagement, medical innovation and emerging and critical need. The Foundation offers scholarships and support for nurses and doctors who are continuing their education or who are looking for professional development. In an effort to hire and retain the best and brightest talent, the Foundation encourages St Anne Hospital staff to apply for annual scholarships and financial aid for certificate programs and continued education. The Foundation supports medical innovation through funding technologically advanced equipment such as a UV cleaning robot, which helps drastically reduce hospital acquired infection rates. And finally, the Highline Medical Center Foundation supports emerging and critical need, such as ongoing support of our award-winning cancer center through the provision of direct patient support such as prescriptions, emergency housing, or gas and food cards in financial emergency situations.
Operating model
- Revenue model
- Investment-supported. 87% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 95% 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 93
- Accountability: 100
- Sustainability: 14
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.6%; rating input score 96
- Fundraising efficiency: $0.34 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: -4,420.7%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 13.1% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 1.4% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.6% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $3.1M in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules · includes grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Fundraising efficiency scored 11/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.