Northwest Medical Center Foundation Inc
Nonprofit profile at a glance
- EIN
- 473694893
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Albany, MO, USA
- Phone
- 6607263941
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health - General and Rehabilitative N.E.C.
Reported finances
- Revenue
- $415,259
- Expenses
- $433,191
- Assets
- $10,579,905
- Liabilities
- $13,158
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Katie Dias DO (President/CEO)
Highest reported compensation
- Katie Dias DO (President/CEO): $384,970 total reported compensation
- Angelia Martin MD (Director): $319,124 total reported compensation
- Kaitlyn Watson (Secretary/Treasurer): $46,292 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Through acquisition and wise stewardship of assets, the Northwest Medical Center Foundation will ensure that quality medical services are a hallmark of the Northwest Medical Center service area. The Foundation will support the facility and program needs of Northwest Medical Center, seek to improve the health and wellness of area citizens and ensure a perpetually strong organizational foundation for the provision of care.
What it reported doing in 2024
Northwest medical center foundation, inc. Will support the facility and program needs of the northwest medical center association, inc., seek to improve the health and wellness of area citizens and ensure a perpetually strong organizational foundation for the provision of care.
Operating model
- Revenue model
- Donor-supported. 62% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 69% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 73
- Accountability: 81
- Sustainability: 51
- Growth: 40
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: 92.9%; rating input score 93; 25th 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: 97.4%; rating input score 97; 57th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 83.3%; rating input score 83; 22nd 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: -4.3%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 24.42; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 23.6%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 15.1% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: -2.6% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -1% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 5 of 6 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $433K in reported program spending
- Leadership: top reported pay $385K · 11 people listed · 0 of 6 pay-setting controls reported
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 11 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.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 16/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.