Lancaster Heart and Stroke Foundation

Nonprofit profile at a glance

EIN
232714718
IRS 990 coverage
2009–2012
Forms available
Form 990 2012
Location
Lancaster, PA, USA
Phone
7172906681
Rating confidence
Limited
Sector
Heart, Circulatory Research

Official website

Reported finances

Revenue
$535,420
Expenses
$496,997
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

13 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the organization is to: 1) bring advanced cardiovascular and neurological care to the community via participation in clinical trials involving new drugs and devices for diagnosis and treatment of cardiovascular disease and stroke. 2)offer cardiovascular and stroke educational resources and material both for physicians and for the lay public in lancaster county. 3)expand community-wide programs for the treatment of heart disease and stroke. 4)direct charitable funds raised in the community to the community-oriented programs for diagnosis and treatment of heart disease and stroke. 5)establish programs for advanced cardiovascular and stroke care which link the community's hospitals in joint rather than competitive efforts.

What it reported doing in 2012

Community programs: during the 6 months covered by this filing, about 20 new patients were added to the organization's patient assistance program. No new aed's were purchased. Planning was begun for an aed location program (to allow 911 operators to direct callers to aeds in the community), which will continue to be developed under lancaster general hospital, the non-profit organization into which the foundation then merged.

Operating model

Revenue model
Earned-program. 87% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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: 86
  • Accountability: 74
  • Sustainability: 31
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • 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: 7.2%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 25.5%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -9.2% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: -41.8% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 12 board members independent · 3 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $399K in reported program spending
  • Leadership: top reported pay $127K · 13 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 4 filing years from 2009 to 2012
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.