Mount Nittany Surgical Center Inc

Nonprofit profile at a glance

EIN
251712099
IRS 990 coverage
2009–2014
Forms available
Form 990 2014
Location
State College, PA, USA
Phone
8142317000
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Treatment Facilities, Primarily Outpatient

Official website

Reported finances

Revenue
$9,234,493
Expenses
$5,813,697
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • STEVEN E BROWN FACHE (CEO/OFFICER/DIRECTOR)

Highest reported compensation

  • STEVEN E BROWN FACHE (CEO/OFFICER/DIRECTOR): $907,546 total reported compensation
  • UPENDRA THAKER MD (DIRECTOR): $643,328 total reported compensation
  • RICHARD J WISNIEWSKI (CFO/DIRECTOR): $435,319 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mount nittany surgical center offers a full range of outpatient surgical services, led by a skilled team of surgeons and healthcare professionals who provide caring, exceptional, patient-focused care.

What it reported doing in 2014

A leader in progressive same-day surgical services, the surgery center continually enhances facilities and services to provide the latest advancements in same-day surgery to the communities we serve.our modern surgery center is equipped with today's most sophisticated surgical technology that allows doctors to provide the most progressive services and surgical procedures available.the surgical center furnished $143,560 in charity care and $351,000 in provision for bad debts during the fiscal year. The surgical center performed 9,497 procedures. Of those procedures, 3,386 were performed on medicare-covered patients, 496 were performed on medicaid-covered patients, 67 procedures were performed on self-pay patients, and the remaining were performed on patients with insurance coverage.

Operating model

Revenue model
Earned-program. 100% 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 - 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 a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 60
  • Accountability: 67
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.8%; rating input score 63
  • Program expense ratio: 99.8%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 44.4%; rating input score 44; 7th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 37%; rating input score 91; 91st 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: 6.1%; rating input score 39; 39th percentile among comparable filings

Growth

  • Program expense growth: -67.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -0.5% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -3.7% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 62.8% of revenue deployed · 99.8% of spending went to programs
  • Governance: 4 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $5.8M in reported program spending
  • Leadership: top reported pay $908K · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 7 filed schedules · includes executive pay
  • Filing history: 6 filing years from 2009 to 2014
  • Contacts: How to reach this organization
  • Related organizations: 6 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Independent voting board scored 44/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 39/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.