The Hospice of Chattanooga Foundation

Nonprofit profile at a glance

EIN
203778171
IRS 990 coverage
2010–2020
Forms available
Form 990 2020
Location
Chattanooga, TN, USA
Phone
4238924289
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$912,430
Expenses
$929,865
Assets
$8,826,608
Liabilities
$204,799

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • JASMINE RIPPON (EXECUTIVE DIRECTOR)
  • BRITTON TABOR (INTERIM CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • JASMINE RIPPON (EXECUTIVE DIRECTOR): $128,900 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To encourage and support hospice and palliative care services and facilities in Tennessee and Georgia. The foundation supports the charitable activities of hospice of chattanooga, inc., a Tennessee non-profit organization.

What it reported doing in 2020

The hospice of chattanooga foundation develops community donations, grants and resources to support the charitable activities of hospice of chattanooga, inc., a Tennessee non-profit organization, including support for indigent patients, regionally unique pediatric and perinatal hospice programs and palliative care services, and bereavement counseling programs open to the community at large at no charge. To assess fundraising to program expense, please also see the hospice of chattanooga inc. Form 990.

Operating model

Revenue model
Donor-supported. 75% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 53
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.3%; rating input score 76
  • Program expense ratio: 67.2%; rating input score 67
  • Fundraising efficiency: $2.3 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.9%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 9.49; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 13.1% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: -0.1% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 37th percentile among comparable filings

Details

  • Where the money goes: 76.3% of revenue deployed · 67.2% of spending went to programs
  • Governance: 8 of 8 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $625K in reported program spending
  • Leadership: top reported pay $129K · 11 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 3 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: Fundraising efficiency scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 23/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.