Srhc Foundation

Nonprofit profile at a glance

EIN
341368429
IRS 990 coverage
2010–2012
Forms available
Form 990 2012
Location
Lima, OH, USA
Phone
4192273361
Rating confidence
Limited
Sector
Single Organization Support

Reported finances

Revenue
$2,087,841
Expenses
$412,276
Assets
$21,264,894
Liabilities
$409,277

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

29 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The overall goal of st. Rita's development department is to build a broad base of community and financial support for st. Rita's medical center. This is accomplished by recruiting community leaders to serve on the development council, developing community service programs, strengthening and maintaining strong relationships with businesses and individuals and implementing programs specifically directed at seeking financial support for st. Rita's medical center.

What it reported doing in 2012

The caring committee provides aid to hospital employees in financial distress. The little miracle fund program AIDS families with ill children by providing gas money and other assistance for travel to doctor appointments, hospitals, etc. The nursing education fund assists our nursing staff in furthering their education, thereby increasing patient safety and care through the skills and experience of a well educated nursing staff. Remaining program services include the meridian series - addiction services and pediatric rehab.

Operating model

Revenue model
Donor-supported. 69% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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: 69
  • Accountability: 88
  • Sustainability: 86
  • Growth: 20

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96%; rating input score 96; 28th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 80.3%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 51.58; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 51.5%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -19.2% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 9.6% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 24 of 25 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $341K in reported program spending
  • Leadership: top reported pay $651K · 29 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 14 of 14 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 3 filing years from 2010 to 2012
  • Related organizations: 39 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 1/100.