St Joseph's Foundation of Savannah Inc

Nonprofit profile at a glance

EIN
581905195
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Savannah, GA, USA
Phone
9128196162
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$741,121
Expenses
$706,068
Assets
$3,472,013
Liabilities
$152,740

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

Leadership & pay

11 people listed

Executive titles in this filing

  • PAUL P HINCHEY (CEO)

Highest reported compensation

  • PAUL P HINCHEY (CEO): $1,820,049 total reported compensation
  • ALLEN BUTCHER (HOSPITAL CFO): $805,807 total reported compensation
  • FRANCES V RACKETT (EXECUTIVE DI): $206,134 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. Joseph's foundation of savannah, inc. Operates exclusively for the benefit and support of st. Joseph's hospital, inc. (sjh) and the other tax-exempt entities of st. Joseph's/candler health system, inc. (system) pursuant to IRS section 501(c)(3).

What it reported doing in 2024

St. Joseph's foundation of savannah, inc. Primarily supports st. Joseph's hospital, inc., a 253-bed, acute care hospital in savannah, Georgia, which serves a metropolitan population base of approximately 379,000 and the surrounding counties. For fiscal year 2024, st. Joseph's foundation raised funds totaling 805,714 and provided grants of 134,856 to further the tax-exempt purpose of st. Joseph's hospital and 248,531 to the related tax-exempt entities of st. Joseph's/candler health system, inc. St. Joseph's hospital furthers its exempt purpose by promoting health in the community by providing medical education to patients in the community, conducting research, and implementing technology that not only provides the latest in treatment, but allows patients to receive high quality of care in their own community and allows the hospital to continually improve patient safety by implementing technology that prevents medication errors, etc.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.

The verdict

STRONG - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 71
  • Accountability: 91
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.5%; rating input score 87
  • Program expense ratio: 84.3%; rating input score 84
  • Fundraising efficiency: $46.64 raised per $1 spent on fundraising; rating input score 77; 77th 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: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: 4.7%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 4.92; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 27.8%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 0.1% per year; rating input score 100; 18th percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 5.3% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 86.5% of revenue deployed · 84.3% of spending went to programs
  • Governance: 8 of 8 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $595K in reported program spending
  • Leadership: top reported pay $1.8M · 11 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 12 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.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.