Vna Health Foundation
Nonprofit profile at a glance
- EIN
- 770342043
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-T 2022
- Location
- Santa Barbara, CA, USA
- Phone
- 8059655555
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $5,571,865
- Expenses
- $4,872,030
- Assets
- $52,634,305
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- KIERAN A SHAH (PRESIDENT & CEO)
Highest reported compensation
- KIERAN A SHAH (PRESIDENT & CEO): $472,307 total reported compensation
- JO ANN MACK (CHIEF OPERATING OFFICER): $305,949 total reported compensation
- KAREN WALLACE (CFO): $272,623 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fundraising to support the charitable mission of vna health.
What it reported doing in 2024
The vna health foundation funds vna health charitable programs for the santa barbara community. These programs include pet therapy, music services, the we honor veterans program, and the loan closet, which is the only community resource offering free short-term loans of basic medical equipment. The vna health foundation also funds community education for residents and local healthcare workers through in-services and continuing education workshops. In an effort to empower santa barbara county residents to live with health and dignity, the vna health foundation provides charitable subsidized care through home health care, palliative care, hospice care, and in-patient hospice care at serenity house, an 18-bed hospice residential facility owned and operated by vna health.
Operating model
- Revenue model
- Donor-supported. 62% of the money available for current operations came from contributions and gifts.
- Distribution model
- Affiliate network. The nonprofit sent 100% of its reported program spending through affiliated organizations.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. 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: 46
- Transparency & Controls: 81
- Accountability: 96
- Sustainability: 77
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.4%; rating input score 49
- Program expense ratio: 46.6%; rating input score 47
- Fundraising efficiency: $7.19 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.9%; rating input score 93; 23rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.6%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 10.8; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: -3.6% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 12th percentile among comparable filings
- Asset growth: -1.7% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 49.4% of revenue deployed · 46.6% of spending went to programs
- Governance: 13 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.3M in reported program spending
- Leadership: top reported pay $472K · 22 people listed · 4 of 6 pay-setting controls reported
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 8 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Moderate — Financial Efficiency: Program expense ratio scored 47/100.
- High — Financial Efficiency: Fundraising efficiency scored 27/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.