Valor Health

Legal name: Walter Knox Memorial Hospital

Nonprofit profile at a glance

EIN
826000422
IRS 990 coverage
2009–2020
Official website data refreshed
Jul 2026
Forms available
Form 990 2020
Location
Emmett, ID, US
Phone
(208) 365-3561
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospitals and Related Primary Medical Care Facilities

Official website

Reported finances

Revenue
$27,505,375
Expenses
$22,302,533
Assets
$15,728,920
Liabilities
$4,146,171

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

Leadership & pay

17 people listed

Executive titles in this filing

  • BRAD TURPEN (CEO)

Highest reported compensation

  • JEROD HINES (SURGEON): $495,337 total reported compensation
  • HAROLD THOMPSON (PHYSICIAN): $373,278 total reported compensation
  • ZACHARY BASTIAN (PHYSICIAN): $371,045 total reported compensation

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

Overview

Mission

Valor Health’s mission is to improve the wellness and health of all generations in our region today and into the future.

What it reported doing in 2020

Walter knox memorial hospital is a 16-bed critical access hospital that offers acute care, emergency care, general surgery, laboratory, diagnostic imaging, obstetrics, physical, occupational, and speech therapy, visiting specialty provider clinics, and a variety of outpatient services. Emergency services are offered regardless of the patient's ability to pay. The facility provided 1,307 days of patient services which includes 80 nursery days. The facility also provided 9,881 rural health clinic visits as well as 5,141 emergency room visits. See continuation at schedule o.

Operating model

Revenue model
Earned-program. 79% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 70
  • Accountability: 91
  • Sustainability: 52
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.9%; rating input score 67
  • Program expense ratio: 82.6%; rating input score 83
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • 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: 100%; rating input score 100; 67th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 18.9%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 53; 53rd percentile among comparable filings
  • Officer compensation ratio: 10.6%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 8.4% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 9.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: -2% per year; rating input score 0; 8th percentile among comparable filings

Details

  • What they do: 2 operating locations identified
  • Where the money goes: 66.9% of revenue deployed · 82.6% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $18.4M in reported program spending
  • Leadership: top reported pay $495K · 17 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $841K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 12 filing years from 2009 to 2020
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • Review — Sustainability: Liabilities to assets ratio scored 53/100.