Ronald Mcdonald House Charities of Northwest Ohio

Nonprofit profile at a glance

EIN
341349742
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Toledo, OH, USA
Phone
4194714663
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Patient Services - Entertainment, Recreation

Official website

Reported finances

Revenue
$1,626,806
Expenses
$2,000,969
Assets
$10,164,951
Liabilities
$1,580,282

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

Leadership & pay

27 people listed

Executive titles in this filing

  • CHAD BRINGMAN (PRESIDENT/EXECUTIVE DIRECTOR)

Highest reported compensation

  • CHAD BRINGMAN (PRESIDENT/EXECUTIVE DIRECTOR): $138,556 total reported compensation

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

Overview

Mission

Ronald mcdonald house charities of northwest Ohio enriches the lives of children by providing comfort care and support to families from northwest Ohio southeast Michigan and beyond!

What it reported doing in 2024

Ronald mcdonald house charities of northwest Ohio offers help and hope to families who travel to toledo to access specialized medical care for their children. The ronald mcdonald house, toledo's home-away-from-home, offers proximity to area hospitals, private sleeping quarters and bathrooms, food, parking, laundry facilities, recreation and relaxation opportunities, and transportation to and from medical facilities. All services are provided free of charge, although guests are encouraged to donate $10 per night. The ronald mcdonald house is always open, staffing around the clock and on holidays, so that families can be near their hospitalized children. Six full-time administrative staff and one full-time programmatic staff, as well as 14 part-time programmatic staff and one part-time maintenance staff, and 200 dedicated volunteers work to create a home-like environment 365 days a year. In 2024, more than 405 families used the ronald mcdonald house for day and/or overnight services with the average length of stay being 12 days. Rmhc depends on financial and in-kind support from individuals, small businesses, corporations, hospitals, social, community, and fraternal organizations, and fundraising proceeds. Please call for information on how you can help: 419-471-4663.

Operating model

Revenue model
Donor-supported. 84% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 92
  • Accountability: 98
  • Sustainability: 39
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93%; rating input score 93
  • Program expense ratio: 75.4%; rating input score 75
  • Fundraising efficiency: $6.86 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96%; rating input score 96; 26th percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -23%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 5.08; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 6.9%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 4.7% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 5.1% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 93% of revenue deployed · 75.4% of spending went to programs
  • Governance: 24 of 25 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.5M in reported program spending
  • Leadership: top reported pay $139K · 27 people listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 26/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.