St Francis Foundation
Nonprofit profile at a glance
- EIN
- 510374158
- IRS 990 coverage
- 2010–2019
- Forms available
- Form 990 2019
- Location
- Wilmington, DE, USA
- Phone
- 3024214100
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $384,302
- Expenses
- $72,943
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- JAMES WOODWARD (DIR; CEO TRINITY HEALTH MID-ATLANTIC)
- DANIEL SINNOTT (DIRECTOR; PRESIDENT & CEO)
Highest reported compensation
- JAMES WOODWARD (DIR; CEO TRINITY HEALTH MID-ATLANTIC): $1,028,300 total reported compensation
- DANIEL SINNOTT (DIRECTOR; PRESIDENT & CEO): $683,820 total reported compensation
- MICHAEL HAMMOND (TREAS THR 1/20; THMA REGIONAL CFO): $604,282 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We, st. Francis foundation and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities.st. Francis foundation is a member of st. Francis healthcare and trinity health.
What it reported doing in 2019
From 1997 - 2019, st. Francis foundation (the foundation) served as the fund-raising arm of st. Francis hospital. Over the years, these contributions helped st. Francis hospital to bring state-of-the-art medical services to the region, while remaining true to the mission of caring for the people in our community who need our help the most: the uninsured and the underinsured. On december 31, 2019, the foundation merged into st. Francis hospital.for more information visit the website atwww.trinityhealthma.org/location/saint-francis-healthcare
Operating model
- Revenue model
- Investment-supported. 63% of the money available for current operations came from recurring investment income.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 71
- Accountability: 74
- Sustainability: 46
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: $2.01 raised per $1 spent on fundraising; rating input score 9; 9th 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: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 70.6%; rating input score 71; 17th 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: 81%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 715.1%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -1.7% per year; rating input score 0; 32nd percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: -8% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 12 of 17 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $1M · 23 people listed · 0 of 6 pay-setting controls reported
- Consistency: 20 of 20 current checks pass
- Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 10 filing years from 2010 to 2019
- Contacts: How to reach this organization
- Related organizations: 313 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 0/100.