St Mary's Hospital Foundation

Nonprofit profile at a glance

EIN
470707604
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Phoenix, AZ, USA
Phone
4028738929
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$105,768
Expenses
$175,581
Assets
$691,713
Liabilities
$5,856

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

Leadership & pay

20 people listed

Executive titles in this filing

  • DANIEL DEFREECE MD (EX-OFFICIO BM, PRESIDENT, ST. MARY'S HOSPITAL)

Highest reported compensation

  • STACY BLUM MD (FORMER BOARD CHAIR/PHYSICIAN): $527,722 total reported compensation
  • TIM SCHNACK (MARKET CFO): $368,286 total reported compensation
  • DANIEL DEFREECE MD (EX-OFFICIO BM, PRESIDENT, ST. MARY'S HOSPITAL): $353,492 total reported compensation

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

Overview

Mission

As an affiliate of commonspirit health, we make the healing presence of god known in our world by improving the health of the people we serve, especially those who are vulnerable, while we advance social justice for all.

What it reported doing in 2024

St. Mary's hospital foundation (foundation) was incorporated as a 501(c)(3), tax-exempt, charitable foundation in 1987 to serve as the official gift-receiving and gift-administration agency for st. Mary's community hospital in Nebraska city, Nebraska. The foundation's purpose is to engage in fundraising, development and other charitable activities all in support of st. Mary's community hospital.the foundation is focused on improving the quality of life in the communities that we serve by contributing to the hospital so it is able to provide the best health services to our patients. The organization's purpose statement, developed by the foundation's board of directors, is as follows: "st. Mary's hospital foundation is committed to seek, attain and administer funds contributed from various sources that support the mission and services provided by st. Mary's community hospital. Through voluntary leadership we will accomplish this goal with the strength, support and guidance of st. Mary's community hospital as we move toward the creation of healthier communities."st. Mary's hospital foundation's current volunteer board of directors raises funds through employee annual giving, major gifts, and project campaigns to help fund health care equipment, projects and services offered by st. Mary's community hospital.as the foundation continues to grow its donor base and revenue, we aim to lead the effort in continuing the highest quality of health care available. As a non-profit foundation, it is certain that the dollars we earn and the decisions we make benefit the people who live within our community in every way possible.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.

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 a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 71
  • Accountability: 61
  • Sustainability: 29
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 57.1%; rating input score 57; 17th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • 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: -66%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 3.94; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 268.1%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -8.6% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -4% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 8 of 14 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $176K in reported program spending
  • Leadership: top reported pay $528K · 20 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 17 of 17 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 329 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: Independent voting board scored 57/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.