Morningcrest Healthcare Foundation

What it reported doing in 2024

A $400,000 grant was made to sprouts child development initiative for operational support. A $356,000 grant was made to community health connection to fund a new healthcare team. A $300,000 grant was made to gatesway foundation for construction of 4 new group homes on the gatesway campus for individuals with developmental disabilities. A $250,000 grant was made to crossover health services, inc. To fund securing fqhc look-alike status. A $226,765 grant was made to community food bank of eastern ok for the frozen meal program at local schools. A $250,000 grant was made to university of Oklahoma foundation for the food first pharmacy program to ou-tulsa. A $175,000 grant was made to amplify, inc. For funding sexual health educators. A $154,000 grant was made to black wall street business center for support of health memberships and start up equipment of the greenwood health clinic. A $150,000 grant was made to Oklahoma project woman to fund breast health care for uninsured low-income individuals living in tulsa county. A $150,000 grant was made to domestic violence intervention services to support sexual assault nurse exam services. A $150,000 grant was made to tulsa community foundation for the Oklahoma birth equity initiative in tulsa. A $150,000 grant was made to little light house to support the developmental center program. A $125,000 grant was made to tulsa community foundation for the strong tomorrows program. A $100,000 grant was made to ymca for start-up funding for a new location. A $75,000 grant was made to women empowering nations for a leadership development program for 8th & 9th grade students. A $75,000 grant was made to operation aware of Oklahoma for prevention education in area schools. A $68,000 grant was made to good samaritan health services to fund a women's health clinic. A $60,000 grant was made to planned parenthood great plains for equipment at the tulsa clinic. A $60,000 grant was made to new hope Oklahoma, inc. To develop new curriculum for children of justice involved parents. A $55,000 grant was made to family & children's services to support the zero suicide academy. A $50,000 grant was made to hearts for hearing foundation to support the tulsa clinic. A $50,000 grant was made to 1st step male diversion program to assist in acquiring a new building. A $35,000 grant was made to the demand project for prevention education regarding trafficked minors in the tulsa area. A $35,000 grant was made to modus, inc. For an ada compliant van. A $35,000 grant was made to sangha, inc. To equip a new recovery home. A $30,000 grant was made to support an education program on hospice care. A $30,000 grant was made to meals on wheels metro tulsa to support the more than a meal program. A $25,000 grant was made to tulsa community foundation for the 1st step male diversion program fund. A $25,000 grant was made to child advocacy network for operating support. A $21,300 grant was made to palmer addiction recovery services for the mom/kid reunification program. A $15,000 grant was made to ywca tulsa for the refugee health promotion program. A $15,000 grant was made to tulsa metropolitan ministry for the interfaith spiritual counsel program at tulsa family safety center. A $10,000 grant was made to special olympics Oklahoma to upgrade their technology infrastructure.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 86%; rating input score 86
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • 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: 7%; rating input score 56; 56th percentile among comparable filings
• Total-asset coverage ratio: 15.87; rating input score 94; 94th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 81; 81st percentile among comparable filings
• Officer compensation ratio: 3.3%; rating input score 67; 67th percentile among comparable filings

Growth

• Program expense growth: 0.6% per year; rating input score 100; 16th percentile among comparable filings
• Revenue growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
• Asset growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings