Tanner Medical Foundation Inc

What it reported doing in 2024

The foundation is a receptacle for charitable gifts to assist and support tanner medical center, inc., a non-profit, 501(c)(3) hospital. The foundation, by assisting the hospital, helps provide charitable healthcare services and quality medical care to the public. Tanner medical foundation, inc. Partners with the community to raise funds in support of the programs and services of tanner medical center, inc. Our mission is to build and strengthen new and existing philanthropic relationships to support tanner medical center, inc. In its delivery of quality healthcare services. The foundation supports tanner medical center, inc., a nonprofit, regional healthcare provider serving a nine-county area of west Georgia and east Alabama, comprised of more than 300 physicians representing 34 unique medical specialties. Tanner facilities currently include the 181-bed acute care tanner medical center/carrollton, the 67-bed acute care tanner medical center/villa rica, the 25-bed critical access higgins general hospital in bremen, the 15-bed critical access tanner medical center/east Alabama in wedowee, al, and the 92-bed behavioral health facility willowbrooke at tanner in villa rica. Other tanner services include the roy richards, sr. Cancer center, tanner heart and vascular center, tanner breast health, tanner occupational health, tanner urgent care, tanner center for sleep disorders, tanner pain management center, and more. Tanner also operates tanner medical group, one of metro atlanta's largest physician group practices as rated by the atlanta business chronicle. Tanner medical group is comprised of more than 25 medical practices located in carroll, douglas, haralson, heard and paulding counties in Georgia and randolph county in Alabama. As a mission-driven, not-for-profit regional healthcare organization, tanner medical center, inc. Reinvests funds in excess of operating expenses in to healthcare services for the community. Charitable gifts to tanner medical foundation provide assistance to tanner patients who could not otherwise afford their healthcare, allow crucial capital improvements and support of programs and services to meet the community's healthcare needs not covered by tanner medical center, inc.'s annual budget. During fiscal year 2025, tanner medical foundation provided over 1,194,000 in benefits to patients, programs, and services of tanner medical center, inc. And its related entities. Funds donated to tanner medical foundation supported programs and equipment purchases identified as critically necessary, including support of capital improvements, charity care, benevolence needs, and other community healthcare priorities.

Financial Efficiency

• Mission deployment rate: 34.2%; rating input score 34
• Program expense ratio: 50.6%; rating input score 51
• Fundraising efficiency: $7.06 raised per $1 spent on fundraising; rating input score 26; 26th 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; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 87%; rating input score 87; 18th 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: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 58.5%; rating input score 94; 94th percentile among comparable filings
• Total-asset coverage ratio: 28.91; rating input score 98; 98th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 88; 88th percentile among comparable filings
• Officer compensation ratio: 37.3%; rating input score 3; 3rd percentile among comparable filings

Growth

• Program expense growth: -5.3% per year; rating input score 0; 5th percentile among comparable filings
• Revenue growth: 7.1% per year; rating input score 100; 55th percentile among comparable filings
• Asset growth: 12.7% per year; rating input score 100; 68th percentile among comparable filings