Parkview Dekalb Hospital Foundation Inc

Nonprofit profile at a glance

EIN
356047817
IRS 990 coverage
2014–2023
Forms available
Form 990 2023
Location
Auburn, IN, USA
Phone
2603738429
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$42,933
Expenses
$4,269
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • NATASHA EICHER (DIRECTOR/MARKET PRESIDENT)
  • MICHAEL PACKNETT (FORMER OFFICER/RETIRED PH CEO)

Highest reported compensation

  • MICHAEL PACKNETT (FORMER OFFICER/RETIRED PH CEO): $5,063,462 total reported compensation
  • JEANNE' WICKENS (PH CHIEF FINANCIAL OFFICER): $2,443,396 total reported compensation
  • DENA JACQUAY (DIRECTOR/PH CHIEF ADMIN OFFICER): $1,926,311 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve as the primary fundraising entity for dekalb memorial hospital, inc. Funds are used for the continued improvement of the hospital's facilities, equipment, programs & services in accordance with the needs of the community where the hospital is located.

What it reported doing in 2023

The mission of the parkview foundations is to inspire the generous spirit of our community that brings gifts of healing and comfort to everyone parkview serves.parkview dekalb hospital foundation, inc. Adheres to this mission. The foundation raises funds to support new programs and services, educational needs, and innovative technology for the dekalb memorial hospital inc., d.b.a. Parkview dekalb hospital, with the goal of enabling this community hospital to provide the excellent care and services that would not be possible without the support of parkview dekalb hospital foundation, inc. Donors.(see schedule o for continuation)parkview health system, inc. Maintains foundations for each of its hospitals. These nonprofit organizations provide philanthropic support for parkview's mission of providing quality health services to all who entrust their care to parkview and improving the health of the communities parkview serves.the gifts received by parkview dekalb hospital foundation, inc. Were designated to temporarily restricted or unrestricted funds, according to donor wishes, and were used for several mission-driven purposes that touched the lives of parkview dekalb hospital patients and their families in numerous ways.the following is an example of parkview dekalb hospital foundation, inc. Providing funding to parkview dekalb hospital for various hospital programs, services, equipment, and improvements: medication assistance program:-parkview dekalb hospital's medication assistance program (map) serves qualified patients who need assistance in procuring medications needed for acute illnesses, long-term assistance or to be released from the hospital. The program provides emergency medications or vouchers to qualified patients for essential, non-opioid prescriptions. Not only does this assist in reducing re-admission rates at the hospital, but it also addresses a critical area of parkview's mission to improve the health of our community.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.

The verdict

REVIEW - The filed numbers largely add up and most filed governance safeguards are in place. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 9
  • Transparency & Controls: 65
  • Accountability: 66
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.4%; rating input score 0
  • Program expense ratio: 4.1%; rating input score 4
  • Fundraising efficiency: $20.61 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 57.1%; rating input score 57; 21st 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: 90.1%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 17,389.3%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -24.1% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -14.6% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -23.2% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 0.4% of revenue deployed · 4.1% of spending went to programs
  • Governance: 4 of 7 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $175 in reported program spending
  • Leadership: top reported pay $5.1M · 9 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2014 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 39 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 4/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Independent voting board scored 57/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.