Mercy Health Foundation

Nonprofit profile at a glance

EIN: 200901499
IRS 990 coverage: 2010–2024
Forms available: Form 990 2024
Location: Chesterfield, MO, USA
Phone: 3145796100
Rating: 70
Verdict: SUPPORTED
Rating confidence: Standard
Affiliation: Christianity

Official website

Reported finances

Revenue: $50,474
Expenses: $128,204
Assets: $923,957
Liabilities: $953

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

BARBER JAMES (PRESIDENT, FOUNDATION (THRU MARCH 2025))

Highest reported compensation

SOCK SHANNON (EVP, CSO & COO & BOARD MEMBER): $8,311,222 total reported compensation
MATEJKA CHERYL L (EVP, CHIEF FINANCIAL OFFICER & TREASURER): $2,345,497 total reported compensation
WHEELER PHILIP (FORMER OFFICER): $1,683,811 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As the sisters of mercy before us, we bring to life the healing ministry of jesus through our compassionate care and exceptional service.

What it reported doing in 2024

The mercy health foundation helps live mercy's mission to provide care to everyone who needs it by supporting charity care and community outreach services. The foundation also is focused on funding mercy's center for innovative care, which will expand mercy's reach beyond the walls of doctors' offices, hospital campuses, and other traditional care facilities. Donations support the provision of charity care at mercy facilities, capital needs, and programs identified to benefit patients cared for at mercy hospitals and outreach locations.

Operating model

Revenue model: Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model: Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

Financial Efficiency: 72
Transparency & Controls: 76
Accountability: 79
Sustainability: 28
Growth: 20

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 41.8%; rating input score 42
Fundraising efficiency: $1.51 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 80th percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Yes; rating input score 100

Accountability

Independent voting board: 87.5%; rating input score 88; 26th percentile among comparable filings
Governance controls: 6 of 9 controls in place; rating input score 67
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Sustainability

Operating margin: -154%; rating input score 15; 15th percentile among comparable filings
Total-asset coverage ratio: 7.21; rating input score 56; 56th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 35; 35th percentile among comparable filings
Officer compensation ratio: 497.2%; rating input score 2; 2nd percentile among comparable filings

Growth

Program expense growth: -13% per year; rating input score 0; 24th percentile among comparable filings
Revenue growth: -15.1% per year; rating input score 0; 24th percentile among comparable filings
Asset growth: 1% per year; rating input score 100; 46th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 41.8% of spending went to programs
Governance: 7 of 8 board members independent · 6 of 9 filing controls reported
Programs: 1 filed program accomplishment · $54K in reported program spending
Leadership: top reported pay $8.3M · 13 people listed · 0 of 6 pay-setting controls reported
Consistency: 17 of 17 current checks pass
Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
Filing history: 15 filing years from 2010 to 2024
Contacts: How to reach this organization
Money network: 1 filed money-flow record
Related organizations: 81 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.

Moderate — Financial Efficiency: Program expense ratio scored 42/100.
High — Transparency & Controls: Pay-setting controls scored 0/100.
High — Financial Efficiency: Fundraising efficiency scored 19/100.
Review — Accountability: Governance controls: 3 of 9 not reported.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 15/100.
Review — Sustainability: Total-asset coverage ratio scored 56/100.
High — Sustainability: Officer compensation ratio scored 2/100.
Moderate — Sustainability: Liabilities to assets ratio scored 35/100.