Holy Family Surgery Center Foundation

Nonprofit profile at a glance

EIN
474546833
IRS 990 coverage
2015–2020
Forms available
Form 990 2020
Location
Deerfield, IL, USA
Phone
8472673539
Rating confidence
Limited
Sector
Surgery Specialties

Official website

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DR PETER DALY (PRESIDENT)
  • CLAIRE CUNNINGHAM (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • CLAIRE CUNNINGHAM (CHIEF EXECUTIVE OFFICER): $200,607 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the availability, quality and education of healthcare provided to the honduran nuestros pequenos hermanos community and surrounding population in need.

What it reported doing in 2020

In prior years, holy family surgery center foundation (hfscf) conducted medical mission trips and provided high quality surgical solutions to honduran citizens. Hfscf also partnered with sca medical missions (now one world surgery)that coordinated the volunteer trips to honduras. During 2017, the boards of directors of hfscf and sca medical missions determined that it was in the best interest of both organizations to combine their operations. Effective january 1, 2017, hfscf transferred all of its assets, liabilities, and its operations to sca medical missions (now one world surgery). Consideration for the transfer was the assumption of hfsc liabilities by sca medical missions. Hfscf had no further activities during 2017 and the corporation remained dormant through 2020. The board of directors voted to dissolve hfscf and a final form 990 return will be filed for 2021.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 50
  • Accountability: 69
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 83.3%; rating input score 83; 3rd 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -52.8% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -56.7% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -60.7% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 6 of 6 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $201K · 7 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 6 filing years from 2015 to 2020
  • Contacts: How to reach this organization
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.