Mercy Healthcare Foundation
Nonprofit profile at a glance
- EIN
- 450435338
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2020
- Location
- Phoenix, AZ, USA
- Phone
- 7018456400
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health - General and Rehabilitative N.E.C.
Reported finances
- Revenue
- $397,535
- Expenses
- $712,558
- Assets
- $5,765,818
- Liabilities
- $59,166
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- D RYAN FOWLER (PRESIDENT MHVC)
Highest reported compensation
- TIM SCHNACK (MARKET CFO): $368,286 total reported compensation
- NICK O'TOOL (FORMER OFFICER): $346,543 total reported compensation
- REBECCA BLEESE (FORMER OFFICER): $308,255 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mercy healthcare foundation is a non-profit organization conceived with the sole purpose of helping our community through our community hospital. We are dedicated to the support of programs and projects that will expand and enhance healthcare, education, and other health-related services throughout the area. By providing support to mercy hospital with supplemental funding for capital and program needs essential to the hospital's growth and development, we are striving to build and maintain a high quality of life in our community by providing the finest healthcare possible, at the most affordable cost possible. This will be done by: 1. Receiving, holding, investing, and dispensing the assets donated and raised for health care and charitable activities. 2. Providing a return on investment that ensures growth to the funds.
What it reported doing in 2024
See schedule o
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 71
- Accountability: 75
- Sustainability: 33
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 21st 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: Fail
- CEO compensation review process: Fail
- 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: -79.2%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 8.09; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 39.3%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: -1.2% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 4 of 5 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $713K in reported program spending
- Leadership: top reported pay $368K · 11 people listed · 0 of 6 pay-setting controls reported
- Consistency: 21 of 21 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 329 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.