The Anmed Health Foundation
Nonprofit profile at a glance
- EIN
- 383886017
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Anderson, SC, USA
- Phone
- 8645121000
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Single Organization Support
Reported finances
- Revenue
- $3,064,619
- Expenses
- $2,811,463
- Assets
- $8,771,200
- Liabilities
- $5,325,256
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- William Kenley (Ex-Officio / CEO AH)
- Tim Self (Executive Director)
Highest reported compensation
- William Kenley (Ex-Officio / CEO AH): $2,115,961 total reported compensation
- Michael Seemuller MD (Director): $421,423 total reported compensation
- Sonya Gould (Chief Financial Officer): $358,631 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of The AnMed Health Foundation is to inspire generous charitable giving that strengthens and sustains excellent healthcare through The AnMed Health System. The vision of The AnMed Health Foundation is to endow the future of The AnMed Health System.
What it reported doing in 2024
The organization directs contributions received to vital programs that assist our community in the following ways: 1. Offer financial assistance to patients discharged from the hospital without ability to pay for needed medications. 2. Bring medical screenings and information to communities throughout our region. 3. Provide preventive and wellness care to promote the overall well-being of people in the AnMed Health service area. 4. Deliver specialized therapy to improve the lives of children developmental delays and disorders. 5. Provide a personal emergency response service for elderly and disabled individuals that cannot afford the service on their own. 6. Provide screening mammograms to uninsured women.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 94% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 96
- Accountability: 81
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.9%; rating input score 88
- Program expense ratio: 94%; rating input score 94
- Fundraising efficiency: $31.29 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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: 83.3%; rating input score 83; 16th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.3%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 3.12; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.61; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 29.7%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 14.2% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 9.5% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 17.2% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 87.9% of revenue deployed · 94% of spending went to programs
- Governance: 15 of 18 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.6M in reported program spending
- Leadership: top reported pay $2.1M · 20 people listed · 5 of 6 pay-setting controls reported
- Consistency: 22 of 22 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 9 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.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Sustainability: Operating margin scored 59/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.