St David's Community Health Foundation Initiatives

Nonprofit profile at a glance

EIN
270112979
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Austin, TX, USA
Phone
5128796600
Rating
48
Verdict
MIXED
Rating confidence
Standard
Sector
Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.

Official website

Reported finances

Revenue
$3,208,643
Expenses
$3,487,603
Assets
$28,532,637
Liabilities
$252,950

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

Leadership & pay

4 people listed

Executive titles in this filing

  • CARA ABAZARI (PRESIDENT)
  • AMY VAUGHAN (VICE PRESIDENT OF FINANCE)

Highest reported compensation

  • AMY VAUGHAN (VICE PRESIDENT OF FINANCE): $486,565 total reported compensation
  • JULIAN HUERTA (VP OF COMMUNITY PROGRAMS): $355,151 total reported compensation
  • CARA ABAZARI (PRESIDENT): $300,680 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

St david's community health foundation initiatives ("initiatives") provides support for st. David's foundation, st, david's foundation community fund, and st david's community health foundation holdings.

What it reported doing in 2024

Initatives funds a series of gardens in the community for senior citizens to garden and feel a sense of community. By nurturing connections between the natural environment, meaningful activity, the bounty of work and personal relationships, gardens and gardening enhance the aging experience. Agingwell has forged these connections through our garden program, which has flourished since 2012. To date, we have repurposed spaces around the community for older adults to garden at 11 locations. Each site has a fully functioning produce garden and a garden club that tends them. Our partnership with resolution gardens has enabled agingwell to create a sustainable program that provides joy and nourishment.

Operating model

Revenue model
Other-operating. 71% of the money available for current operations came from other operating revenue.
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

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 37
  • Transparency & Controls: 67
  • Accountability: 37
  • Sustainability: 46
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50%; rating input score 50
  • Program expense ratio: 27%; rating input score 27
  • Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 0; 0th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • 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: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -8.7%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 8.18; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 86; 86th percentile among comparable filings
  • Officer compensation ratio: 15.1%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: -2.3% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 10.8% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 11.4% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 50% of revenue deployed · 27% of spending went to programs
  • Governance: 0 of 3 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $943K in reported program spending
  • Leadership: top reported pay $487K · 4 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $614K reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes executive pay and related organizations
  • Filing history: 12 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 19 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 — Accountability: Independent voting board scored 0/100.
  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 27/100.
  • High — Financial Efficiency: Fundraising efficiency scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Sustainability: Officer compensation ratio scored 19/100.