The Christ Hospital Foundation

Nonprofit profile at a glance

EIN
264165492
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Cincinnati, OH, USA
Phone
3128793655
Rating
61
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Single Organization Support
Affiliation
Christianity

Official website

Reported finances

Revenue
$33,250,594
Expenses
$6,992,324
Assets
$120,019,101
Liabilities
$3,436

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

Leadership & pay

3 people listed

Executive titles in this filing

  • DEBORAH HAYES (VICE-PRESIDENT)
  • STEPHEN ROSFELD (PRESIDENT)

Highest reported compensation

  • DEBORAH HAYES (VICE-PRESIDENT): $1,872,912 total reported compensation
  • THEODORE SCHERPENBERG (TREASURER): $961,575 total reported compensation
  • STEPHEN ROSFELD (PRESIDENT): $305,305 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 christ hospital foundation ('tch fdn') is to support the mission of the christ hospital ('tch'). Tch's mission is to improve the health of our community and create patient value by providing exceptional outcomes and the finest experiences, all in an affordable way.

What it reported doing in 2024

The mission of the christ hospital foundation ('tch fdn') is to conduct and support activities exclusively for the benefit of tch. The mission of tch is to improve the health of our community and create patient value by providing exceptional outcomes and the finest experiences, all in an affordable way. Tch fdn was created to continue and foster the philanthropic legacy of tch. Tch fdn supports the health care programs, medical education, community programs and capital projects of tch, its outpatient and physician locations and the christ college of nursing and health sciences. Tch fdn's goal is to make a lasting impact on healthcare in the greater cincinnati region through contributions from individuals, corporations, and foundations to tch.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 76
  • Accountability: 28
  • Sustainability: 89
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.3%; rating input score 24
  • Program expense ratio: 98.7%; rating input score 99
  • Fundraising efficiency: $17,673.92 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: Yes; rating input score 100

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd 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: 79%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 17.16; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
  • Officer compensation ratio: 8.7%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 12.5% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 13.5% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 0.8% per year; rating input score 100; 13th percentile among comparable filings

Details

  • Where the money goes: 24.3% of revenue deployed · 98.7% of spending went to programs
  • Governance: 0 of 3 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6.9M in reported program spending
  • Leadership: top reported pay $1.9M · 3 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 24/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 26/100.