Texas Health Harris Methodist Foundation

Nonprofit profile at a glance

EIN
752401033
IRS 990 coverage
2011–2013
Forms available
Form 990 2013
Location
Arlington, TX, USA
Phone
6822367900
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution
Affiliation
Christianity

Reported finances

Revenue
$2,863,041
Expenses
$2,114,660
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

36 people listed

Executive titles in this filing

  • HawthorneDouglas D (CEO)
  • WhiteDouglas A (PRESIDENT THHMF)

Highest reported compensation

  • HawthorneDouglas D (CEO): $2,217,439 total reported compensation
  • BoesCharles (Assistant Sec): $739,313 total reported compensation
  • WhiteDouglas A (PRESIDENT THHMF): $690,536 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Develop and cultivate philanthropy and collaborative relationships within the community to support the programs and services offered by Texas health resources related entities.

What it reported doing in 2013

The primary activities of Texas Health Harris Methodist Health Foundation is to develop and cultivate philanthropy and collaborative relationships within the healthcare community to foster the programs and services offered by Texas Health Resources related entities and to improve the communities it serves. Most grants made by the Foundation are made to support the activities of members of the Texas Health Resources hospital system. Supported organizations are as follows: Texas Health Arlington Memorial, Texas Health Azle, Texas Health Cleburne, Texas Health Fort Worth, Texas Health HEB, Texas Health Southwest, Texas Health Stephenville, Texas Health Specialty Hospital, and Texas Health Research & Education Institute. Activities undertaken during the current years included: Building of a permanent endowment fund to provide ongoing financial support to the supported organizations. Solicitation of current gifts of cash or property to meet specific needs of the supported organizations. Solicitation of planned gifts through vehicles such as charitable gifts annuities, charitable remainder lead trusts, life insurance, testamentary bequests, testamentary trusts, etc. Maintenance and preservation of gifts, devises and bequests in accordance with donor restrictions. Texas Health Harris Methodist Hospital Cleburne Annual Gala which raises funds in support of the immunization and cancer screening activities for Johnson County. A golf tournament supporting the Bernard Alger Cancer Fund for Cancer Education. Texas Health Harris Methodist Hospital HEB Gala, which raises funds in support of nursing education. Texas Health Harris Methodist Hospital Fort Worth Annual Fundraiser and Fashion Show in support of mobile health outreach to underserved women. Texas Health Harris Methodist Fort Worth Annual Breakfast supporting Neonatal Intensive Care Unit needs. Support the THR nursing excellence programs.

Operating model

Revenue model
Donor-supported. 75% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 66
  • Accountability: 95
  • Sustainability: 42
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.1%; rating input score 64
  • Program expense ratio: 38.1%; rating input score 38
  • Fundraising efficiency: $1.88 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.2%; rating input score 88; 2nd 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: 98.8%; rating input score 99; 33rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 26.1%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 48.8%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -24.5% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -68.7% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 64.1% of revenue deployed · 38.1% of spending went to programs
  • Governance: 29 of 29 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $805K in reported program spending
  • Leadership: top reported pay $2.2M · 36 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $1.1M reported
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2011 to 2013
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 64 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 38/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 6/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.