Okefenokee Health Inc

Nonprofit profile at a glance

EIN
581667166
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Waycross, GA, USA
Phone
9123375821
Rating confidence
Limited

Reported finances

Revenue
$0
Expenses
$6,605
Assets
$36,684
Liabilities
$3,750

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

Leadership & pay

4 people listed

Executive titles in this filing

  • P OWEN HERRIN Jr (VICE PRESIDENT)
  • DONALD WATERS (PRESIDENT)

People named in this filing

  • P OWEN HERRIN Jr (VICE PRESIDENT)
  • ZIBIA A MUSIC (TREASURER)
  • DONALD WATERS (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Public charity whose purpose is to promote community health through activities designed to ensure and improve access to healthcare for all individuals in the community and to promote healthcare and wellness in the communities.

What it reported doing in 2024

To continue to monitor the activities of the hospital buyer to ensure that the hospital buyer (I) continues to operate the hospital as an acute care hospital; (II) remains enrolled in the Medicare and Medicaid programs; (III) continues the provision of indigent care services at a minimum consistent with OHIs previous policies; (IV) maintains identified core services for the benefit of the community; and (V) makes capital expenditures to improve the hospital in a minimum amount of $21.6 million. OHI is required to perform these services under the transaction documents relating to the sale of the hospital assets and in a similar manner is charged with monitoring the obligations of the nursing home buyer.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 73
  • Sustainability: 24
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 24th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 5.55; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -32.5% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -19.8% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -23.4% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 3 of 4 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.