St Francis Home

What it reported doing in 2024

St. Francis home was established in september 1952 as a non-profit, long term care provider. This 120-bed skilled nursing facility specializes in providing an individualized, home-like atmosphere for the residents. Units are divided into 20-bed neighborhoods, with separate kitchens, dining areas, living rooms, laundry facilities, etc. Residents can choose to get up when they want to and can order what they want for breakfast. St. Francis also offers inter-generational activities for the residents and youth in the community. The mission of st. Francis home is to care for the frail elderly members of our community with dignity and to advocate for their health care needs. In fiscal year 2014, st. Francis home put 40 of the 120 licensed beds on lay-away due to difficulties in recruiting adequate staffing to maintain safe quality care. Currently 80 beds are in use.as a tax-exempt 501(c)(3) long term care facility, st. Francis home is committed to serving the needs of community. St. Francis home requires residents to demonstrate the ability to pay the facility fees and charges, which are set by the state of Minnesota, but will assist in locating payer sources the resident may be eligible for. All residents are charged the same rates, based on their care levels, regardless of their payer source. St. Francis home is led by an eight-member governing board, the majority of whom are independent community representatives. Our board is dedicated to promoting the development of healthier communities, with a specific focus on the needs of senior citizens. St. Francis home is proud of its catholic heritage and its ability to provide direct and indirect support to the communities it serves.since the 1980's, st. Francis home has been actively involved with its sister corporation, st. Francis medical center, with community health collaboration. Several times, st. Francis has taken the lead in organizing community teams and focus groups to look at health issues, set priorities and plans for improvement. That commitment continues today with st. Francis' membership on the richland-wilkin healthy communities, inc board of directors, breckenridge active living committee, active task force, violence prevention task force and other community groups.st. Francis community benefit plan has been established in conjunction with its sister corporations of st. Francis medical center, appletree court, and the healthcare and wellness foundation. The plan is based on our understanding of unique communities' needs derived from collaborative needs assessments, focus groups, and surveys conducted with our community partners. St. Francis conducted a community health needs assessment in 2022 in conjunction with the public health departments from both wilkin county, mn and richland county, nd, as well as the two clinics in our community. The three main areas of need identified from the data collected were mental health, substance use, and health-related social needs.

Financial Efficiency

• Mission deployment rate: 85.1%; rating input score 85
• Program expense ratio: 94.9%; rating input score 95
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 13th 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: 75%; rating input score 75; 13th 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: 19.7%; rating input score 76; 76th percentile among comparable filings
• Total-asset coverage ratio: 5.67; rating input score 85; 85th percentile among comparable filings
• Liabilities to assets ratio: 0.24; rating input score 40; 40th percentile among comparable filings
• Officer compensation ratio: 5.7%; rating input score 49; 49th percentile among comparable filings

Growth

• Program expense growth: -1% per year; rating input score 0; 11th percentile among comparable filings
• Revenue growth: -1.5% per year; rating input score 0; 7th percentile among comparable filings
• Asset growth: 5.7% per year; rating input score 100; 38th percentile among comparable filings