Windrose Health Network Inc
Nonprofit profile at a glance
- EIN
- 352001054
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Trafalgar, IN, USA
- Phone
- 3177394895
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Ambulatory Health Center, Community Clinic
Reported finances
- Revenue
- $24,546,002
- Expenses
- $23,963,009
- Assets
- $22,748,101
- Liabilities
- $9,135,159
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- SCOTT ROLLETT (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- DERRICK HASENOUR MD (CHIEF MEDICAL OFFICER): $507,878 total reported compensation
- BROCK MCMILLEN MD (STAFF PHYSICIAN): $366,425 total reported compensation
- LOURDES H GEISE MD (STAFF PHYSICIAN): $302,888 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
(see schedule o)the mission of windrose health network, inc., ("whn") is to revolutionize health and wellness by delivering comprehensive, high-quality, and personalized primary health care services. We embrace innovation and evidence-based practices to foster a compassionate, inclusive environment that meets the evolving needs of our diverse community. Guided by a commitment to patient-centered care, we strive to create a sustainable future where every individual can attain their optimal health and well-being.
What it reported doing in 2024
Windrose health network, inc provides primary health care services to the medically underserved residents of franklin, indianapolis, hope, trafalgar, and surrounding communities. In 2024, it delivered 70,265 outpatient medical visits to approximately 21,446 patients at its (5) health centers located in franklin, indianapolis, hope, and trafalgar, Indiana.
Operating model
- Revenue model
- Earned-program. 77% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.4%; rating input score 69
- Program expense ratio: 69.5%; rating input score 70
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- 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: 100%; rating input score 100; 66th 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: 2.4%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.95; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 10.9%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 9.5% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 69.4% of revenue deployed · 69.5% of spending went to programs
- Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $16.7M in reported program spending
- Leadership: top reported pay $508K · 28 people listed · 4 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 44/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Officer compensation ratio scored 17/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.