Shady Grove Adventist Hospital Foundation Inc

Nonprofit profile at a glance

EIN
521216429
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Gaithersburg, MD, USA
Phone
3013153030
Rating confidence
Limited
Sector
Hospital, General
Affiliation
Christianity

Official website

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • DANIEL L COCHRAN (FMR. BD MBR; PRESIDENT, SGMC)

Highest reported compensation

  • PATSY MCNEIL MD (FMR. BD MBR.; EVP, AHC, START 8/2024): $1,020,944 total reported compensation
  • DANIEL L COCHRAN (FMR. BD MBR; PRESIDENT, SGMC): $998,842 total reported compensation
  • JOAN VINCENT (FMR. BD MBR.; VP, NURSING, SGMC): $486,248 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 extend god's care through the ministry of physical, mental and spiritual healing.

What it reported doing in 2024

The purpose of the shady grove adventist hospital foundation, d/b/a adventist healthcare shady grove medical center foundation, is to provide philanthropic support to the work and mission of adventist healthcare, inc., d/b/a/ adventist healthcare shady grove medical center by encouraging the community to support the many services and programs necessary for the hospital to meet the healthcare needs of our community. Donations are generated through the cultivation of major gifts, capital campaigns, an annual giving program that includes employee giving. From the very smallest to the largest, every single gift means the best of care is accessible and available to our community.

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: NotEnoughData
  • Transparency & Controls: 89
  • Accountability: 42
  • Sustainability: NotEnoughData
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -0.2% per year; rating input score 0; 50th percentile among comparable filings
  • Revenue growth: 2.4% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 2.6% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $1M · 3 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 10 of 11 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 16 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 — Growth: Program expense growth scored 0/100.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.