Temple East Inc

Nonprofit profile at a glance

EIN
232547305
IRS 990 coverage
2009–2010
Forms available
Form 990 2010
Location
Philadelphia, PA, USA
Phone
2157073802
Rating confidence
Limited
Sector
Hospital, General

Reported finances

Revenue
$15,676,784
Expenses
$2,313,931
Assets
$10,875,215
Liabilities
$13,663,966

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

3 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Temple east, inc., doing business as northeastern hospital, promotes the health of the people in our neighboring communities; provides a variety of services including preventative, diagnostic, therapeutic, rehabilitative, behavioral and home health services in a fiscally sound manner; and is committed to meeting the needs of the communities we serve. As a member of the temple university health system, we offer and facilitate convenient access to tertiary services at temple university hospital

What it reported doing in 2010

Through june 30, 2009, northeastern hospital provided a full range of quality healthcare services to residents in the port richmond section of philadelphia, including preventative, diagnostic, therapeutic and rehabilitative care. The hospital was also the site of the northeastern school of nursing. As of july 01, 2009, northeastern hospital was closed and during fiscal year 2010 and 2011 northeastern hospital was the site of various physician offices/practices. Temple east, inc. Rented these offices to affiliated organizations that provided services to the residents of port richmond and surrounding communities. The remaining activity in fiscal year 2010 and 2011 related to the winding down of activity with the closure of the hospital.

Operating model

Revenue model
Affiliate-supported. 76% of the money available for current operations came from contributions from related organizations.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 74
  • Accountability: 42
  • Sustainability: 76
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • 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: 0%; rating input score 0; 3rd 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: 85.2%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 4.7; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 1.26; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 6%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 171.6% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: -42.6% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 3 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · -$505K in reported program spending
  • Leadership: top reported pay $547K · 3 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2009 to 2010
  • 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 — Accountability: Independent voting board scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.