Navicent Health Foundation Inc
Nonprofit profile at a glance
- EIN
- 237363555
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Macon, GA, USA
- Phone
- 4786337388
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Health Program (Includes General Health and Wellness Promotion Services)
Reported finances
- Revenue
- $11,315,433
- Expenses
- $5,178,440
- Assets
- $114,656,878
- Liabilities
- $2,274,274
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- MACEY TERRELL (PRESIDENT &)
Highest reported compensation
- MACEY TERRELL (PRESIDENT &): $166,316 total reported compensation
- SHAWN KELLY (CFO): $129,930 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Navicent health foundation's mission is to encourage generosity to transform visions into reality. The foundation was chartered in 1973 for solicitation, receipt, investment, and expenditure of bequests, donations, contributions and gifts of every kind and character, including cash and property, both real and personal, all of which shall be used exclusively for chartiable, health, educational, and scientific purposes, including, without limitation, in coneection with the hospitals, pther charitable activities, or any community health initiative within the service region of navicent health, inc. And its affiliates and subsidiaries. Without limiting the generality of the foregoing, the organization may develop and operate scholarship and endowment programs. When the hospital was acquired by atrium health in 2019, navicent health foundation was excluded from the merger and became a legally independent foundation. The mission and charitable purpose of the foundation remain the same.
What it reported doing in 2024
Grants are made to support navicent health, inc. For programmatic service line needs, charitable, medical, educational(health, and scientific purposes. Grants are also awarded to nonprofits in central Georgia with a health care focus and support the mission of navicent health foundation.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 60
- Accountability: 91
- Sustainability: 89
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.8%; rating input score 85
- Program expense ratio: 60.5%; rating input score 61
- Fundraising efficiency: $2.41 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings
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: Scored; rating input score 0
- Grant itemization coverage: 99.9%; rating input score 100; 38th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 54.2%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 22.14; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 90; 90th percentile among comparable filings
- Officer compensation ratio: 5.7%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 0.6% per year; rating input score 100; 13th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 3% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: 84.8% of revenue deployed · 60.5% of spending went to programs
- Governance: 23 of 23 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.1M in reported program spending
- Leadership: top reported pay $166K · 24 people listed · 0 of 6 pay-setting controls reported
- Consistency: 33 of 33 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 12 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 33 filed money-flow records
- Related organizations: 31 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 8/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.