St Francis Hospital Inc

Nonprofit profile at a glance

EIN
582504530
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Greenville, SC, USA
Phone
8642551000
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$850,947,341
Expenses
$786,189,761
Assets
$586,802,247
Liabilities
$358,354,805

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

Leadership & pay

27 people listed

Executive titles in this filing

  • MATTHEW CALDWELL (Market President BSSFHS)

Highest reported compensation

  • DAVID A CANNADY (Board Member; Chief Strategy Officer): $2,027,618 total reported compensation
  • MATTHEW CALDWELL (Market President BSSFHS): $1,398,944 total reported compensation
  • Jennifer Vogel (Radiation Oncologist): $968,864 total reported compensation

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

Overview

Mission

The Mission of St. Francis HOspital is to carry out the Bon Secours Mercy Health mission within our community to extend the compassionate ministry of Jesus by improving the health and well-being of the communities it serves and bringing good help to those in need, especially people who are poor, dying and underserved.

What it reported doing in 2024

St. Francis hospital's mission is to extend the compassionate ministry of jesus by improving the health and well-being of the communities it services and bringing good help to those in need, especially people who are poor, dying and underserved. St. Francis hospital provides medical care to patients without regard to their ability to pay. St. Francis hospital provides support for the community services. During 2024 st. Francis hospital provided $23.2m in net community benefits.

Operating model

Revenue model
Other-operating. 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 65
  • Accountability: 73
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.5%; rating input score 88
  • Program expense ratio: 94.5%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 8th 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: 68.4%; rating input score 68; 14th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 61.5%; rating input score 62; 17th 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: Fail
    • 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: 7.6%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.61; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 0.7%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 3.2% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 4.1% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 9th percentile among comparable filings

Details

  • Where the money goes: 87.5% of revenue deployed · 94.5% of spending went to programs
  • Governance: 8 of 13 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $743.3M in reported program spending
  • Leadership: top reported pay $2M · 27 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 30 filed money-flow records
  • Related organizations: 144 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.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.