St. Mary's Kids

What it reported doing in 2024

Facility-based programs and services: st. Mary's hospital for children operates an on-site early education program and a medical day health care (mdhc)program. The early education program is focused on and dedicated to providing children with the opportunity to interact, share ideas, and learn. A wide range of educational programs and opportunities, from birth to high school, helps children with special needs maximize their potential by promoting growth, confidence, and independence. St. Mary's hospital offers an on-campus public school for inpatients, allowing them to have a continuity of education during their stay at the hospital. For younger children, st. Mary's hospital offers an inclusive early education/preschool program with special needs and inpatients. The st. Mary's hospital team is committed to the achievement of both educational and development milestones. The medical day healthcare (mdhc) program is a medical program that offers therapeutic and medical after-school, weekend, and summer camp programs for children 5-18 years of age and young adults from 18-25 years of age who have cognitive and physical disabilities. Using therapeutic, rehabilitative and recreational techniques and tools, mdhc staff help each child with special healthcare needs develop every capability to his or her fullest. Children and young adults who attend the mdhc program participate in indoor and outdoor activities, receive a hot meal, are provided with round-trip transportation, and also have the opportunity to interact with other children and young adults with special needs. Educational activities are led by a licensed special edcuation teacher. Caregivers work with participants to promote skills, confidence, and independence in a nurturing and fun environment. Family members are also educated on the critical roles they play in the participants' success. During the calender year, smh provided approximately 23,200 mdhc visits.

Financial Efficiency

• Mission deployment rate: 83.4%; rating input score 83
• Program expense ratio: 88.7%; rating input score 89
• 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: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 83.3%; rating input score 83; 31st percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • 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: 4.9%; rating input score 56; 56th percentile among comparable filings
• Total-asset coverage ratio: 1.44; rating input score 52; 52nd percentile among comparable filings
• Liabilities to assets ratio: 0.65; rating input score 25; 25th percentile among comparable filings
• Officer compensation ratio: 1.9%; rating input score 58; 58th percentile among comparable filings

Growth

• Program expense growth: 8.2% per year; rating input score 100; 65th percentile among comparable filings
• Revenue growth: 3.5% per year; rating input score 100; 27th percentile among comparable filings
• Asset growth: 1.9% per year; rating input score 100; 14th percentile among comparable filings