Thomas Memorial Hospital Auxiliary

Nonprofit profile at a glance

EIN
471795242
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
South Charleston, WV, USA
Phone
3047663788
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$89,089
Expenses
$39,391
Assets
$85,000
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Michael Hueston (President)
  • Margaret Holstein (Vice President)

People named in this filing

  • Michael Hueston (President)
  • Margaret Holstein (Vice President)
  • Linda Nielsen (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Thomas Memorial Hospital Auxiliary's mission is the generation of funds for the support of various hospital departments and specially designated projects.

What it reported doing in 2024

The auxiliary has a scholarship fund for students that have chosen the healthcare field for their profession. The auxiliary makes contributions to the fund, managed by the Thomas Memorial Foundation. Numerous nursing students apply for a grant with the Thomas Memorial hospital Foundation based on the amount of financial need for a semester of schooling. The applications for a grant are screened by the Thomas Memprial hospital Foundation staff and the hospital nursing director. The joint team will select a student from the list of students that qualify. This student is then recommended to the auxiliary for grant sponsorship. The auxiliary sponsors only one student per year. Based on the student's need for the semester the auxiliary grants will vary and the Foundation will fulfill the remaining amount requested. For a nursing student to accept the grant that is offered by this program, they must agree to serve two years of healthcare employment at the Thomas Memorial hospital.

Operating model

Revenue model
Other-operating. 99% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 63% for direct work, and 37% for grants.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 15
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10%; rating input score 10
  • Program expense ratio: 22.6%; rating input score 23

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 55.8%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 2.16; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -35.1% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 22.7% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 10.9% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 10% of revenue deployed · 22.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 5 filed program accomplishments · $9K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • 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 10/100.
  • High — Financial Efficiency: Program expense ratio scored 23/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.