Kentucky Easter Seal Society Inc Group Return

What it reported doing in 2014

The organization provided rehabilitation services and speech therapy for handicapped individuals. For the current fiscal year, the activity has been reported on the final, short tax year return for cardinal hill rehabilitation hospital, which was the last affiliate of the group return. This is a final return for the group.cardinal hill rehabilitation hospitallexington, kycardinal hill began as a hospital for children with polio in 1950. Since that time, it evolved into one of the premier post acute providers of physical rehabilitation services with 158 inpatient beds and 74 licensed skilled beds. The hospital specialized in the treatment of spinal cord injury, brain injury, stroke, orthopedic and neurological conditions, amputation and other disabling or traumatic conditions. Cardinal hill served more than 9,000 children and adults annually from all over Kentucky and nationwide. Cardinal hill provided physical rehabilitation for people needing inpatient, outpatient and home health care services. Cardinal hill also provided pediatric services for children from birth through adulthood by offering child care services, and therapy for any disabling and/or traumatic condition.the cardinal hill healthcare system was a 501(c)3 organization governed by the Kentucky easter seal society, inc., an affiliate of national easter seals society. Services included inpatient hospital care for physical rehabilitation needs and medically complex clients. In addition to the three inpatient programs, outpatient therapy, childcare, adult day health, and recreational programs were also available. The healthcare system was one of the commonwealth's largest providers of physical rehabilitation services, with corporate headquarters located in lexington, ky.

Financial Efficiency

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

Transparency & Controls

• Consistency checks: 86.7%; rating input score 87; 4th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• 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; 64th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

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

Growth

• Program expense growth: -200% per year; rating input score 0; 2nd percentile among comparable filings
• Revenue growth: -18.4% per year; rating input score 0; 30th percentile among comparable filings
• Asset growth: -14.2% per year; rating input score 0; 17th percentile among comparable filings