Sfh Wind Down Inc Fka St Francis Hospital Inc

Nonprofit profile at a glance

EIN
580641240
IRS 990 coverage
2010–2017
Forms available
Form 990 2017
Location
Columbus, GA, USA
Phone
4045047605
Rating confidence
Limited
Sector
Hospital, General

Reported finances

Revenue
$0
Expenses
$97,144
Assets
$64,865
Liabilities
$23,367

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • R LARRY CARDIN (CHAIRMAN)
  • ROBERT M GILSON JR (TRUSTEE)
  • MICHAEL SIMS MD (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Sfh wind down, inc. F/k/a st. Francis hospital, inc. Is currently winding down after sale of hospital assets and operations. See schedule o for additional detail. Previously, st. Francis hospital was a community-owned healing ministry, existing to provide exceptional health care services, in partnership with physicians, for all those in need.

What it reported doing in 2017

The following program service accomplishments applied to st. Francis hospital, inc. While it operated as a hospital prior to the sale of its assets and the cessation of operations. "the hospital is a 292-licensed bed general acute care hospital with a hospital-based 84-licensed bed behavioral health center serving southwest Georgia and east central Alabama. Additionally, the hospital provides assisted living for 60 licensed residential units. St. Francis is home to 300 physicians offering a full range of inpatient, outpatient and emergency room services, including the area's only open heart surgery program."as of december 31, 2017, sfh wind down, inc. F/k/a st. Francis hospital, inc. Has several unliquidated claims relating to the sale of the hospital assets, relating to the disposition of excluded assets, and asserted in pending litigation. Such claims may be disputed or otherwise contested.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

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: 0
  • Transparency & Controls: 91
  • Accountability: 82
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 15th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0.67; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.36; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -27.2% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: -7.4% per year; rating input score 0; 41st percentile among comparable filings
  • Asset growth: -8% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 5 of 5 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.