Norton King's Daughters' Health

Nonprofit profile at a glance

EIN
350895832
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Louisville, KY, USA
Phone
5026298263
Rating
77
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Hospital, General

Official website

Reported finances

Revenue
$151,111,335
Expenses
$188,158,858
Assets
$348,966,799
Liabilities
$427,736,413

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • Carol Dozier (President/CEO)

Highest reported compensation

  • Adam Kempf (Board Treasurer): $1,659,943 total reported compensation
  • Nathan Polley MD (Physician): $1,484,374 total reported compensation
  • Robert B Azar (Board Secretary): $1,302,529 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide quality health care to all those it serves.

What it reported doing in 2024

Norton-king's daughters' health, inc. (nkdh) is a not-for-profit, acute care hospital located in madison, Indiana. Nkdh is organized for the purpose of providing health care services to the residents of jefferson county and the surrounding area. Nkdh includes an 86-licensed bed acute care hospital, physician practice groups, and home health/hospice services. During 2024, nkdh served 2,311 inpatients, 75,169 outpatients, and saw 19,429 emergency department room visits and 1,483 observation cases. In addition, nkdh's operating rooms cared for 601 inpatient surgical patients and 2,099 surgical outpatients. Additionally, 365 deliveries were performed at nkdh. Nkdh's physician practice groups saw 130,488 visits. Nkdh's home care services saw 7,859 visits. Under its charity program, nkdh provided free care to 446 patients totaling $1,378,777. Also, nkdh grants a discount from billed charges to any patients that have no access to private health insurance or do not qualify for government assistance or charity care. Under this program, 4,223 patients were provided care at discounted rates totaling $8,196,974 in discounts.

Operating model

Revenue model
Other-operating. 97% of the money available for current operations came from other operating 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 69
  • Accountability: 73
  • Sustainability: 22
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 83.1%; rating input score 83
  • Fundraising efficiency: $19.22 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 21st 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: 86.4%; rating input score 86; 20th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 61.5%; rating input score 62; 17th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -24.5%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 1.85; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 1.23; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 2.8% per year; rating input score 100; 20th percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 15th percentile among comparable filings
  • Asset growth: 3.5% per year; rating input score 100; 24th percentile among comparable filings

Details

  • What they do: 4 operating locations identified
  • Where the money goes: 100% of revenue deployed · 83.1% of spending went to programs
  • Governance: 8 of 13 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $156.4M in reported program spending
  • Leadership: top reported pay $1.7M · 20 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $12.6M reported
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 9 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 — Sustainability: Operating margin scored 3/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.