Leo N Levi Memorial Hospital Association
Nonprofit profile at a glance
- EIN
- 710246565
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Hot Springs, AR, USA
- Phone
- 5016241281
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, Specialty
Reported finances
- Revenue
- $9,656,206
- Expenses
- $8,630,820
- Assets
- $15,434,370
- Liabilities
- $1,252,847
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ZANE JEFFERS (CEO)
Highest reported compensation
- ZANE JEFFERS (CEO): $148,499 total reported compensation
- KERI CRENSHAW (COO): $108,555 total reported compensation
- CLINT CRABTREE (PHYSICAL THERPIST): $105,254 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Levi hospital continues to provide specialty care, in a unique tradition of itsjewish service heritage, for the benefit of the residents of hot springs and itssurrounding communities. Levi hospital shall serve all persons without regards torace, religion, creed, national origin, sex, age, disability, or economic means. Asa not-for-profit entity, levi provides service within the resources of its organization.
What it reported doing in 2024
Levi has a great formula for success that uses the latest in therapy equipment and a team of dedicated professionals, both veterans and newly licensed, whose sole purpose is to bring patients to their highest level of functional independence. Levi hospitals inpatient and outpatient psychiatric programs operate with a high standard of care and strive to continue to improve the wellbeing those we serve.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - 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: 51
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.4%; rating input score 53
- Program expense ratio: 64.7%; rating input score 65
- 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 21st percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 10.6%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 1.79; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 4.2%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 0.2% per year; rating input score 100; 14th percentile among comparable filings
- Revenue growth: 1.9% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 13.1% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 53.4% of revenue deployed · 64.7% of spending went to programs
- Governance: 9 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5.6M in reported program spending
- Leadership: top reported pay $148K · 12 people listed
- Highest-paid contractors: 1 contractor listed · $170K reported
- Consistency: 24 of 24 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.