Shs - Wind Down

What it reported doing in 2014

To conduct activities, either directly, through related organizations or in cooperation with organizations exempt from tax under section 501(c)(3) of the internal revenue code of 1986, or comparable provisions of subsequent legislation (the "code"), in order to support and further the purposes of bmh - wind down, western marquette county health foundation and any related organizations exempt from tax under section 501(c)(3) of the code as long as such organizations remain exempt under section 501(c)(3) of the code, subject, however, to all limitations on the nature or extent of such activities applicable, from time to time, to organizations exempt from tax under the code. To acquire, to own, to dispose of, and to deal with real and personal property and interests therein; to loan, borrow, manage, and invest funds; and to apply gifts, grants, bequests and devices, and the proceeds thereof in furtherance of the purposes of the corporation. To do such things and to perform such acts to accomplish its purposes as the board of directors may determine to be appropriate and as are not forbidden by section 501(c)(3) of the code with all the powers conferred on nonprofit corporations by the laws of the state of Michigan.

Financial Efficiency

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

Transparency & Controls

• Consistency checks: 80%; rating input score 80; 1st percentile among comparable filings
• Major donor itemization: Limited

Sustainability

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

Growth

• Program expense growth: Limited
• Revenue growth: -53.6% per year; rating input score 0; 7th percentile among comparable filings
• Asset growth: -30.1% per year; rating input score 0; 10th percentile among comparable filings