Sharkey Issaquena Medical Foundation

Nonprofit profile at a glance

EIN
273258705
IRS 990-EZ coverage
2017–2020
Forms available
Form 990-EZ 2020, Form 990-N 2016
Location
Rolling Fork, MS, USA
Phone
6628734395
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

Reported finances

Revenue
$11,575
Expenses
$28,375
Assets
$26,789
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JERRY KEEVER (PRESIDENT)
  • MISSY GOODMAN (VICE PRESIDENT)

People named in this filing

  • JERRY KEEVER (PRESIDENT)
  • MISSY GOODMAN (VICE PRESIDENT)
  • LYNNE MOSES (TREASURER)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The specific purpose of sharkey issaquena medical foundation is to raise funds to support projects and other initiatives identified by sharkey issaquena community hospital and to do so based on priorties established by the hospital administration in consultation with medical staff and board of trustees in the context of the long term strategic direction of the hospital.

What it reported doing in 2020

The specific purpose of sharkey issaquena medical foundation is to raise and hold funds to support sharkey issaquena community hospital and its programs and to promote community health.

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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -145.1%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -49% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -48.6% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -33% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $28K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2017 to 2020
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.