Suburban Health at Home Inc

Nonprofit profile at a glance

EIN
993406368
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Noblesville, IN, USA
Phone
4632980808
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Health, General and Financing

Official website

Reported finances

Revenue
$475,321
Expenses
$699,968
Assets
$804,682
Liabilities
$1,029,329

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

Leadership & pay

7 people listed

Executive titles in this filing

  • STEVE LONG (CEO HANCOCK/BOARD CHAIR)
  • DAVID HYATT (CEO RIVERVIEW/VICE CHAIR)
  • MICHELLE FENOUGHTY (CEO HENDRICKS/SECRETARY-TREASURER)
  • DAVID DUNKLE (CEO JOHNSON)
  • KELLY BREVERMAN (CEO WITHAM)
  • JACK HORNER (CEO MAJOR)

People named in this filing

  • STEVE LONG (CEO HANCOCK/BOARD CHAIR)
  • DAVID HYATT (CEO RIVERVIEW/VICE CHAIR)
  • MICHELLE FENOUGHTY (CEO HENDRICKS/SECRETARY-TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To provide our communities with high quality home care to improve overall health, quality of life, and end-of life care by alleviating suffering through our kindness, our training, and our calling to serve the patients and families we are privileged to know.

What it reported doing in 2024

Suburban health at home is a leading post-acute care provider, delivering seamless, high-quality home health and hospice services in partnership with several suburban health organization (sho) hospitals across central Indiana. Our mission is to create an integrated clinical network that acts as a true "one-stop shop" for patients and families, ensuring continuity of care from hospital to home. By working collaboratively with our hospital partners, we provide smooth care transitions and compassionate, comprehensive support throughout every step of the home healthcare journey.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 24
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 86.8%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -47.3%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 1.15; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 1.28; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 86.8% of spending went to programs
  • Governance: 7 of 7 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $607K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 6/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.