Sihanouk Hospital Corporation C/o Hope Worldwide Ltd

Nonprofit profile at a glance

EIN
232910347
IRS 990 coverage
2018–2020
Forms available
Form 990 2020
Location
San Diego, CA, USA
Phone
6102548800
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$8,524,601
Expenses
$8,147,482
Assets
$2,845,780
Liabilities
$869,200

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

Leadership & pay

6 people listed

Highest reported compensation

  • DR LIM KRUY (CHIEF MEDICAL OFFICER): $60,692 total reported compensation
  • YAN SADIN (INTRM CHIEF ADMINISTRATOR/): $35,186 total reported compensation

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

Overview

Mission

To provide affordable, quality healthcare to those living in cambodia in poverty, while training the nation's top clinicians to further serve the cambodian population.

What it reported doing in 2020

Shch has 14 in-patient medical beds and a full-service outpatient department. With specialists in internal medicine, endocrinology, and emergency medicine, our patient's health is in good hands. Diagnostic services include x-ray, echo, ct and ultrasound. Our internationally recognized lab is on-site to provide fast and accurate results. With a focus on early detection and prompt treatment, our medical department prioritizes evidence-based care according to international standards. The shch medical unit regularly hosts international experts to train and mentor our clinicians and consult on complex patients in the hospital. We believe that just because many of our patients cannot afford to pay for the medical care, there is no reason not to provide the highest-quality care possible to them. Respect is at the heart of our medical department's work. Shch boasts two operating rooms and 14 inpatient surgical beds. Providing a wide range of general surgeries every day, our hospital also hosts international specialists several times per year to provide surgeries in neurology, orthopedics, and plastics among others. With laparoscopic and endoscopic capabilities, our surgeons regularly update their skills and equipment. Staffed by internationally-trained cambodian surgeons and with operating equipment furnished by USAID, shch offers safe, skilled surgical care. For non-trauma emergency needs, shch's 8-bay urgent care unit provides fast triage and intervention. Medicine quality is a hot topic in cambodia, where many unlicensed pharmacies fly under the radar, providing inadequate, inappropriate and unsafe medications. Shch prides itself in being staffed and managed by fully qualified, highly skilled pharmacists with a focus on safety and quality. The pharmacy fills nearly 1200 prescriptions each day, and provides donated medications for free. With reliable stock and impeccable safety standards, our pharmacists take great care to educate patients and clinicians on the proper usage of each medication.

Operating model

Revenue model
Donor-supported. 75% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 77
  • Accountability: 90
  • Sustainability: 33
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.7%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: 4.4%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.35; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0.31; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 1.2%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 14.5% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 15.4% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: -8.9% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.7% of spending went to programs
  • Governance: 3 of 3 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $7.6M in reported program spending
  • Leadership: top reported pay $61K · 6 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors and foreign activity
  • Filing history: 3 filing years from 2018 to 2020
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 35/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.