Saint Agnes Medical Foundation
Nonprofit profile at a glance
- EIN
- 942839324
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Fresno, CA, USA
- Phone
- 5594503375
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $68,089,101
- Expenses
- $89,040,344
- Assets
- $32,452,124
- Liabilities
- $23,947,589
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- DOUGLAS PENNER (DIRECTOR, PRESIDENT THROUGH 9/24)
- ERIC MCMURTREY (DIRECTOR; VICE PRESIDENT CVHP)
Highest reported compensation
- JENNY HERNANDEZ (TREASURER; SAMC VP FINANCE): $425,235 total reported compensation
- DOUGLAS PENNER (DIRECTOR, PRESIDENT THROUGH 9/24): $410,360 total reported compensation
- RICK WOLF (SEC;SAMC ASSOCIATE COUNSEL;VP): $399,574 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We, saint agnes medical center and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities. Saint agnes medical foundation is a member of saint agnes medical center and trinity health.
What it reported doing in 2024
Saint agnes medical foundation, located in fresno, ca operates multi-specialty outpatient clinics dedicated to providing compassionate, high quality healthcare services and health education to the patients it serves. The wide range of services provided at the clinics include cardiology, cardiothoracic surgery, internal medicine, obstetrics & gynecology, occupational health, orthopedic surgery, surgical services, urgent care, family medicine, bariatric surgery and pulmonology. Saint agnes medical foundation is committed to delivering quality health care access to the communities it serves.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program 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: 87
- Transparency & Controls: 67
- Accountability: 78
- Sustainability: 17
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th 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: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 77.8%; rating input score 78; 26th 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: -30.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.74; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0.4%; rating input score 87; 87th percentile among comparable filings
Growth
- Program expense growth: 18.2% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 19.5% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 25th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95% of spending went to programs
- Governance: 7 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $84.6M in reported program spending
- Leadership: top reported pay $425K · 18 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $10.9M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes executive pay and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: 308 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 2/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.