The Cypress Foundation of Clarendon Memorial Hospital Inc
Nonprofit profile at a glance
- EIN
- 223882388
- IRS 990-EZ coverage
- 2009–2015
- Forms available
- Form 990 2011, Form 990-EZ 2015
- Location
- Manning, SC, USA
- Phone
- 8034358463
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $46,925
- Expenses
- $126,818
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- Travis McIntosh (CHAIRMAN)
- Edward Frye (VICE-CHAIRMAN)
- Betty Coffee (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide clarendon memorial hospital with the funds needed to provide healthcare services and programs for the citizens within the area.
What it reported doing in 2015
Since its inception in 2001, the cypress foundation has defined its mission, approved operating policies, identified and added to a prospective donor base, developed a remembrance giving program, applied for and received multiple grants. The foundation has developed and implemented five annual giving campaigns for areas in clarendon memorial such as, generations women's center, radiology expansion, j dalton dubose medical center and security doors for the hospital nursery for labor and delivery. In addition, a named giving campaign and doctor's day campaign were developed. The foundation developed giving opportunity through a society giving campaign and a grateful patient program. The existing special events, cypress after five concert series cypress golf classic, remained successful thus building friends of the cypress foundation. The cypress foundation hosted several health fairs at the cypress center in partnership with other chs departments, participating in health events outside the wall of clarendon health system. The cypress foundation board of trustees continued to focus on operational and administrative functions. Reviewed and expanded donor cultivation and recognition. The annual giving and doctor's day campaign were continued. Current special events were monitored for success and profitability. Clarendon health systems affiliated with mcleod health in july of 2016; therefore, on july 12, 2016, the cypress foundation was dissolved and all funds were transferred over to mcleod foundation.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 9
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.2%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -170.3%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -0.4% per year; rating input score 0; 49th percentile among comparable filings
- Revenue growth: -25.9% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -15.8% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $125K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2009 to 2015
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Operating margin scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.