Lake City Healthcare Foundation
Nonprofit profile at a glance
- EIN
- 202902140
- IRS 990 coverage
- 2018–2025
- Forms available
- Form 990 2025, Form 990-N 2014
- Location
- Lake City, SC, USA
- Phone
- 8433746419
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Finance, Taxation, Monetary Policy
Reported finances
- Revenue
- $11,449
- Expenses
- $0
- Assets
- $319,541
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- SCOTTY CAMPBELL (BOARD MEMBER)
- MIKE FAUCETTE (BOARD MEMBER)
- ANNA FRANK (BOARD MEMBER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Lower florence county hospital d/b/a lake city community hospital is a governmental hospital exempt from taxation under irc section 115. Lake city healthcare foundation is organized and operates exclusively for the promotion of social welfare under IRS secton 501 (c) (4). The foundation supports and furthers the purposes and functions of the hospital and promotes, improves, benefits and contributes to the health and wellness of the residents of florence county, South Carolina and surrounding communities. Lake city healthcare foundation sponsors the cancer support group, assists with fundraising efforts and maintains assets on behalf of the hospital. The breast cancer support group meets monthly and allows members of the community to find needed support from others. The goal of such groups is to assist members of the community with coping with the challenges by connecting with others and learning how they worked through steps in the treament process. Group members share what worked for
What it reported doing in 2025
Lower florence county hospital d/b/a lake city community hospital is a governmental hospital exempt from taxation under irc section 115. Lake city healthcare foundation is organized and operates exclusively for the promotion of social welfare under IRS secton 501 (c) (4). The foundation supports and furthers the purposes and functions of the hospital and promotes, improves, benefits and contributes to the health and wellness of the residents of florence county, South Carolina and surrounding communities. Lake city healthcare foundation sponsors the cancer support group, assists with fundraising efforts and maintains assets on behalf of the hospital. The breast cancer support group meets monthly and allows members of the community to find needed support from others. The goal of such groups is to assist members of the community with coping with the challenges by connecting with others and learning how they worked through steps in the treament process. Group members share what worked for them, milestones along their journey, coping with treastments, and other issues related to the illness and recovery. The group also hosts an event during breast cancer awareness month in order to provide education to members of the community and encourage health living.
Operating model
- Revenue model
- Other-operating. 99% of the money available for current operations came from other operating revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 8
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
- Fundraising efficiency: Limited
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: 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: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- 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: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -34.8% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 1.7% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: -21.2% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 10 of 10 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2018 to 2025
- Contacts: How to reach this organization
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.