Sarh Holdings Inc

Nonprofit profile at a glance

EIN
922332099
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
El Dorado, AR, USA
Phone
8708819015
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospitals and Related Primary Medical Care Facilities

Official website

Reported finances

Revenue
$70,795,435
Expenses
$81,446,798
Assets
$44,089,305
Liabilities
$22,589,011

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

Leadership & pay

17 people listed

Executive titles in this filing

  • BRIAN JONES (PRESIDENT/CEO & VICE CHAIR)

Highest reported compensation

  • THOMAS KENNEDY MD (GENERAL SURGERY): $476,319 total reported compensation
  • CHRISTOPHER RILEY MD (PEDIATRICS): $268,692 total reported compensation
  • AMBER ROLLINS (CNO (THROUGH AUGUST 2024)): $213,543 total reported compensation

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

Overview

Mission

The mission of sarh is to improve the health and healing of the people of south Arkansas, and its vision is to be the regional health care provider of choice through the values of "we care": welcoming, excellence, compassion, adaptability, respect, equality.

What it reported doing in 2024

South Arkansas regional hospital (sarh) is a trusted healthcare provider in collaboration with uams that serves the rural communities of south Arkansas. After nearly 60 years of serving the community, it transitioned back to local ownership in 2023 and became a nonprofit hospital empowering local community stakeholders, leaders, and clinicians to guide community-focused healthcare.the sarh team commonly uses the phrase or slogan 'close to home' to express its commitment to community-focused healthcare. This commitment can be seen in recent investments in cutting-edge medical technologies. (continued in schedule o)sarh is accredited by the joint commission and proudly serves as a general acute level iii trauma center licensed by the Arkansas department of health. Its commitment to excellence is reflected in the facility, where sarh offers a comprehensive range of services to meet the diverse healthcare needs of the community. Those services include inpatient, outpatient, telemedicine, and other services.outpatient services at sarh are designed to cater to healthcare needs conveniently by offering a full-service laboratory, speech, physical and occupational therapies, hyperbaric oxygen therapy, wound care, and radiological services including mri, ct, 3d mammography, and more. These services are aimed at promoting preventative care, early diagnosis, and effective treatment options.sarh also offers telemedicine services that bring specialized expertise directly to the community in pulmonology, neurology, and ar saves stroke telemedicine that provides access to comprehensive care without the need to travel long distances. When health emergencies arise, sarh can be a critical lifeline to residents by providing essential emergency services and other specialized care. Sarh is equipped to handle urgent medical needs; however, for patients requiring a higher level of care, sarh collaborates with survival flight's onsite helicopter and crew for expeditious transfers.the future is bright for sarh as it continues to move forward with strategic goals in place for ongoing improvement in local healthcare.

Operating model

Revenue model
Earned-program. 89% 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. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 70
  • Accountability: 89
  • Sustainability: 20
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.6%; rating input score 82
  • Program expense ratio: 71%; rating input score 71
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Pass
    • 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: 90.9%; rating input score 91; 39th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -15%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.51; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 1.6%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 64.8% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -3.5% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -24.3% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 81.6% of revenue deployed · 71% of spending went to programs
  • Governance: 10 of 11 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $57.9M in reported program spending
  • Leadership: top reported pay $476K · 17 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $6.5M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 9 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 2 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 — Sustainability: Operating margin scored 5/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.