Kaitlyn's Cottage Inc

What it reported doing in 2024

Kaitlyn's cottage, inc. (kaitlyn's) is a member of promedica health system, inc. (promedica), a mission-based, locally owned, nonprofit healthcare organization highly focused on achieving core values. Headquartered in toledo, Ohio, promedica serves 28 states across the country and is one of the nation's leading health systems. Our stewardship of resources has enabled us to wisely invest in patient-centered care, advanced technology, innovative programs, and family-oriented facilities that help to ensure patients and area residents have equal access to high-quality, safe care in the most appropriate setting, regardless of a patient's ability to pay.with strong philanthropic support, kaitlyn's opened on the campus of defiance hospital, inc. In 2012 for daytime and overnight respite care for individuals with intellectual and physical disabilities. At the time, it was thought to be the first of its kind in the united states. The 8,000-square-foot facility has four private bedrooms for overnight guests, a library, sensory room, art room, activity center and dining areas. There is also a fenced-in sensory playground outback. Guests are offered activities such as arts and crafts, cooking, gardening, playing music, playing games, or many other activities of their choosing. Five, three-day summer camps also are available, with scheduling based upon each campers' needs for full or partial days. Special events such as dances, karaoke nights, holiday parties, and monthly social events are designed to provide additional social interaction for guests throughout the year. Since 2019, kaitlyn's cottage also hosted night to shine. Sponsored by the tim tebow foundation for people with special needs ages 14 and older, the prom event included a red carpet, a catered dinner, dancing, singing, limo rides, and massages. This all cumulated into crowning all honored guests prom king and queen. Staff provide family and caregiver support groups, education sessions on a variety of caregiver topics, and other types of support. Further, there is a sliding-scale fee (starting at a nominal amount) for payments, and an endowment has been established to help assist those who cannot afford services.at kaitlyn's, all staff members are trained in medication administration (including topicl, oral, g/j tube, and diabetes care), cpr/first aid certified, and cpi (non-violent crisis intervention) trained. To help ensure that care and services are provided appropriately, kaitlyn's has a professional advisory council that can be consulted; members include a a hospital administrator, a social worker, local professionals, and participant family members.in summary, kaitlyn's demonstrates promedica's mission and core values by providing family education, fostering continued excellence in programs and services, and offering high-quality respite care for the benefit of all its guests and family caregivers, regardless of their race, creed, sex, national origin, disability, or age. Promedica recognizes that not all individuals possess the ability to purchase essential medical care. Therefore, we provide these services; recruit and train healthcare professionals to serve the broader community; provide appropriate financial assistance; offer services and contributions to other nonprofit organizations that allow them to provide key services to their constituents; and present free educational offerings and other outreach activities to our local community to help ensure all members have equal access to care.

Financial Efficiency

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

Transparency & Controls

• Consistency checks: 91.7%; rating input score 92; 19th 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: Yes; rating input score 100
• Related-party transparency: No; rating input score 0

Accountability

• Independent voting board: 62.5%; rating input score 62; 17th 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: -30.7%; rating input score 9; 9th percentile among comparable filings
• Total-asset coverage ratio: 5.04; rating input score 79; 79th percentile among comparable filings
• Liabilities to assets ratio: 0.47; rating input score 11; 11th percentile among comparable filings
• Officer compensation ratio: 13.1%; rating input score 26; 26th percentile among comparable filings

Growth

• Program expense growth: 10.7% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: 4.8% per year; rating input score 100; 52nd percentile among comparable filings
• Asset growth: 5% per year; rating input score 100; 47th percentile among comparable filings