Park Nicollet Institute

Nonprofit profile at a glance

EIN
410961862
IRS 990 coverage
2010–2010
Forms available
Form 990 2010, Form 990-N 2009
Location
St Louis Park, MN, USA
Phone
9529933108
Rating confidence
Limited
Sector
Health Treatment Facilities, Primarily Outpatient

Official website

Reported finances

Revenue
$21,046,921
Expenses
$17,296,406
Assets
$49,966,609
Liabilities
$8,970,406

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

45 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Park Nicollet Institute has a mission to care for and support the health, healing, and learning of those served. The focus is on excellent care, delivered in a caring manner, with emphasis on disease prevention and wellness education.

What it reported doing in 2010

Park Nicollet Institute is part of Park Nicollet Health Services, a nonprofit integrated care delivery system, staffed by nationally recognized hospital and clinic doctors at Park Nicollet Methodist Hospital and Park Nicollet Clinic, clinical professionals, nurses, researchers, and other staff. Park Nicollet Institute helps patients stay healthy and take care of them when they are sick. Park Nicollet Institute's mission is to care for and support the health, healing and learning of those served through excellence in research and education. Park Nicollet Institute is the research and education branch of Park Nicollet Health Services. With expertise in learning, Park Nicollet Institute works with Park Nicollet Health Services, donors, government agencies, and the community, reaching thousands of people each year through research studies, professional and patient education, library visits, and publications.The Park Nicollet Institute International Diabetes Center provided diabetes assessment and education for patients and health professionals through consultants, group programs, seminars, and educational materials. Park Nicollet Institute also performs a wide variety of clinical research in the field of diabetes.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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: NotEnoughData
  • Transparency & Controls: 46
  • Accountability: 71
  • Sustainability: 74
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th 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: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 8th 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: 17.8%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 2.89; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 17.5%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 9 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $14.6M in reported program spending
  • Leadership: top reported pay $1.5M · 45 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, and executive pay
  • Related organizations: 10 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.
  • Review — Accountability: Independent voting board scored 50/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.