Valley Baptist Legacy Foundation
Legal name: Valley Baptist Service Corporation
Nonprofit profile at a glance
- EIN
- 742974396
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Harlingen, TX, United States
- Phone
- (956) 335-3040
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Ambulatory Health Center, Community Clinic
- Affiliation
- Christianity
Reported finances
- Revenue
- $2,265,005
- Expenses
- $1,955,966
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JUDY QUISENBERRY (EXECUTIVE DIRECTOR)
People named in this filing
- ARNIE GONZALEZ (VICE CHAIRMAN)
- BOB SHEPARD (CHAIRMAN)
- JACK ABBOTT (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Improve the health and well-being of all communities in the Rio Grande Valley of Texas by investing and serving as a catalyst for ideas, partnerships, medical education, research and programs. The Foundation defines health as a state of complete physical, mental, spiritual and social well-being. The mission was to raise funds to support the infrastructure of the Valley Baptist Health System. For more than 30 years, the Foundation successfully raised millions of dollars through events, capital campaigns, grant writing and planned giving programs that enhanced the infrastructure of our hospitals and educational offerings for employees and the community as a whole. Exterior shot of Valley Baptist Medical Center. On September 1, 2011, Valley Baptist Health System and Vanguard Health Systems entered into a joint venture, and in 2015, Valley Baptist Legacy Foundation sold the remaining 49%...
What it reported doing in 2024
To govern all activities of supported organization, specifically oversight of contract management.
Operating model
- Revenue model
- Investment-supported. 90% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 97% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 94
- Accountability: 88
- Sustainability: 43
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.2%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 7th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 13.6%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: -2.7% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -33.5% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -28% per year; rating input score 0; 0th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 100% of revenue deployed · 99.2% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.9M in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants
- Filing history: 12 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.