Jpchc Foundation Inc

Nonprofit profile at a glance

EIN
994394913
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Indianapolis, IN, USA
Phone
3179345662
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$1,896
Expenses
$1
Assets
$10,331
Liabilities
$8,436

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

Leadership & pay

5 people listed

Highest reported compensation

  • MARC HACKETT (DIRECTOR): $330,851 total reported compensation
  • MICHAEL DALE (DIRECTOR): $198,396 total reported compensation
  • PATRICK WOOTEN (DIRECTOR): $185,046 total reported compensation

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

Overview

Mission

To provide philanthropic support to enhance healthcare in our serviced communities.

What it reported doing in 2024

Jpchc foundation, incorporated in august 2024, conducts fundraising to support jane pauley community health center, inc. (jpchc). Oversight will be provided by a board of trustees, the director of foundation development, and staff hired as needed. Funds raised will enhance the foundation's ability to serve jpchc patients, employees, and the community. The foundation runs a year-long "greatest need annual fund" to raise money for the diverse needs of jpchc patients. Overseen by the foundation director and board, it will require about 30% of the foundation's time and expenses, mainly funded through donations from individuals, corporations, and private foundations. This fund supports jpchc's charitable mission to assist patients and healthcare practices. The foundation director and board oversees fundraising for the jpchc food pantry, which operates across 12 Indiana clinics in cities such as indianapolis, kokomo, shelbyville, greenfield, greenwood, alexandria, and anderson. Approximately 30% of the foundation's efforts and expenses are allocated to this program, which is funded by donations from individuals, corporations, and private foundations. This aligns with the foundation's goal of supporting jpchc's patients by providing those in need with fresh produce, canned goods, and other essential items. The foundation oversees a "field of interest fund" providing philanthropic support for jpchc's service programs, including the dental clinic, optometry clinic, and jpchc pharmacy. This will account for approximately 30% of the foundation's time, managed by the director of foundation development, who will oversee donations and disbursements aligned with the annual fundraising goals. The program aims to help jpchc patients by expanding available services. The foundation oversees an "emergency hardship fund," which provides employee-donated funds and paid time off (pto) to staff and their families during crises. An independent committee, not influenced by jpchc leadership, will select and award grants. About 10% of the foundation's resources will support this program. The foundation manages a "pay it forward patient giving fund," an optional donation program for jpchc patients. Facilitated by the foundation director and the board, it will accept and disburse donations in accordance with foundation policy. Funded mainly by patient contributions, it will require less than 5% of the foundation's time, supporting patients' opportunity to contribute to the organization's success.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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.

The verdict

MIXED - The filed numbers largely add up and most filed governance safeguards are in place. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 33
  • Transparency & Controls: 60
  • Accountability: 60
  • Sustainability: 77
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.1%; rating input score 0
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 40%; rating input score 40; 19th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Limited
    • 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: 99.9%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 10,331; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0.82; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 11,081,000%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0.1% of revenue deployed · 100% of spending went to programs
  • Governance: 2 of 5 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1 in reported program spending
  • Leadership: top reported pay $331K · 5 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 12 of 13 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Contacts: How to reach this organization
  • Related organizations: 4 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Independent voting board scored 40/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.