Civic Intelligence

Bon Secours Inc

990EZ • Fiscal year 2015 • EIN 52-1301091

Sep 01, 2014 to Aug 31, 2015 • Filed on Jul 12, 2016

1505 Marriottsville RoadMarriottsville, MD 21104

(410) 442-5511

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

3.01x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

90th percentile

0.33x

Higher debt load relative to revenue than 90% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

9th percentile

-45%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

3rd percentile

-90%

Faster asset growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-67%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,429

Down $48,651 (-90%) from 2014

Net Assets

Down

-$10,901

Down $22,415 (-195%) from 2014

Liabilities

Down

$16,330

Down $26,236 (-62%) from 2014

Revenue

Down

$50,000

Down $100,000 (-67%) from 2014

Expenses

Up

$72,415

Up $6,681 (+10%) from 2014

Net Income

Down

-$22,415

Down $106,681 (-127%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2014: $54,080Liabilities 2014: $42,566Net Assets 2014: $11,5142014Assets 2015: $5,429Liabilities 2015: $16,330Net Assets 2015: -$10,9012015Assets 2016: $5,296Liabilities 2016: $8,021Net Assets 2016: -$2,7252016Assets 2017: $62,486Liabilities 2017: $76,071Net Assets 2017: -$13,5852017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2015

Assets$5,429
Liabilities$16,330
Net Assets-$10,901

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $150,000Expenses 2014: $65,734Net Income 2014: $84,2662014Revenue 2015: $50,000Expenses 2015: $72,415Net Income 2015: -$22,4152015Revenue 2016: $60,000Expenses 2016: $51,824Net Income 2016: $8,1762016Revenue 2017: $57,431Expenses 2017: $68,291Net Income 2017: -$10,8602017Revenue 2018: $100,000Expenses 2018: $82,545Net Income 2018: $17,4552018

Highlighted filing

2015

Revenue$50,000
Expenses$72,415
Net Income-$22,415
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jul 12, 2016
Return Version
2014v6.0
Gross Receipts
$50,000
Mission and Program Overview

Mission

The organization is formed exclusively for the benefit of, to perform the functions of, and to carry out the purposes of the Sisters of Bon Secours of the United States, Incorporated ("Sisters"),and all other publicly supported organizations in the Bon Secours Health System, by carrying out the health care mission of the Sisters in accordance with the philosophy, mission and policies of the Sisters, and in accordance with, and subject to, the directives and teachings of the Roman Catholic Church.

Program Services

DescriptionGrantsExpenses
Bon Secours, Inc. (BSI) is the sole member of Bon Secours Health System, Inc. (BSHSI). BSI functions as the parent organization to BSHSI and provides overall governance for the organization in keeping with the faith-based mission of the Sisters of Bon Secours of the United States, Inc. (Sisters). BSI's role includes the approval of BSHSI high level policies, the strategic plan, significant transactions such as mergers, joint ventures, dissolutions and governance structures of BSHSI and related organizations.The expenses of the organization relate to the costs of board meetings and education programs such as the Catholic Health Association (CHA).Ecclesiology program and the Public Juridic Person (PJP) Collaborative:These programs provide an opportunity for ministry formation; collaboration with other members of Catholic health care and provides the training needed to better understand the canonical requirements of Catholic sponsorship. Officers and Directors, who are also key staff members of related entities, also participate in pilgrimages to Rome with the Sisters in order to participate in meetings with key Vatican agency that gives both approval and direction to the ministry in order to ensure the organization is fulfilling its purpose and mission.$0$65,173
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sr Patricia Dowling CBSBoard Member-$0--
Sr Nancy Glynn CBSBoard Member (Sep-Dec)-$0--
Chris AllenBoard MemberPT$0--
Charles Brown IIIBoard MemberPT$0--
Regina CliftonBoard Member-$0--
Donald Seitz MDBoard Member (Sep-Dec)PT$0--
Sr Patricia Eck CBSChair/President-$0--
Sr Rose Marie Jasinski CBSVice-Chair-$0--
Sr Anne Lutz CBSTreasurerFT$0--
Laura EllisonAssistant TreasurerFT$0--
Martha Riva EsqAssistant SecretaryFT$0--
Thomas Morris PhDSecretaryFT$0--
Filing and Contact Details

Filer

Filer Name
Bon Secours Inc
EIN
52-1301091
Phone
4104425511
Address
1505 Marriottsville Road, Marriottsville, MD 21104

Signing Officer

Name
Sister Patricia Eck
Title
Chair & President
Phone
4104425511
Signed
2016-07-12
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Occupancy. Amount: 629. Description: Travel. Amount: 64,112. Description: Conferences, Conventions, and Meeetings. Amount: 7,529. Description: Subs, Periodicals, Books. Amount: 145. Total to Form 990-EZ, line 16: 72,415.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Accounts Payable and Accrued Expenses. Beg. of Year Amount: 42,566. End of Year Amount: 16,330.

Form 990-EZ, Part IV, Additional Disclosure:

Board member positions are generally voluntary in nature. Although BSI does not compensate Board members or officers, certain Board members and officers are compensated in relation to their employment by Bon Secours Health System, Inc. and/or related organizations. The hours reported for board members and board officers represent total hours worked in their capacity as board members of this filing entity and in their capacities as board members, officers or employees of Bon Secours Health System, Inc. and/or related entities.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0BSI's articles of incorporation specify that BSI is organized and operated to benefit The Sisters of Bon Secours in the United States, a publicly supported organization that operates, supervises and controls BSI, and also the class of all other publicly supported section 509(a)(1) or 509(a)(2) organizations in, or operating for the benefit of, the Bon Secours Health System in the United States. All of these organizations are closely related in purpose and function in that they carry out the health care mission of the Sisters of Bon Secours in the United States.
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd389
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt30
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Sisters of Bon Secours of the US Incorporated
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1Bon Secours Hospital Baltimore Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2Bon Secours Housing Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3Bon Secours Housing II Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4Bon Secours of Maryland Foundation Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5Unity Properties Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6Bon Secours Charity Health System Medical Group PC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7Bon Secours Community Hospital
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt8Bon Secours Community Hospital Foundation
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt9Good Samaritan Foundation For Better Health Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt10Good Samaritan Hospital of Suffern NY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt11St Anthony Community Hospital Warwick New York
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt12St Francis Center at the Knolls Inc dba Mt Alverno Center
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt13The Bon Secours Warwick Health Foundation
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt14Villa Frances at the Knolls Inc dba Schervier Pavilion
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt15Bon Secours DePaul Health Foundation
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt16Bon Secours DePaul Medical Center Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt17Bon Secours Maryview Foundation
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt18Bon Secours Maryview Nursing Care Center
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt19Maryview Hospital
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt20Mary Immaculate Hospital Incorporated
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt21Mary Immaculate Nursing Center Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt22Bellefonte Physician Services Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt23Bon Secours Kentucky Health System Foundation Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt24Our Lady of Bellefonte Hospital Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt25Frances Schervier Home and Hospital
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt26Schervier Housing Development Fund Corporation
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt27Bon Secours Memorial Regional Medical Center Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt28Bon Secours Richmond Community Hospital Incorporated
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt29Bon Secours Richmond Health Care Foundation
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt30Bon Secours St Francis Medical Center Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt31Bon Secours St Marys Hospital of Richmond Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt32Bon Secours St Francis Health System Foundation Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt33St Francis Hospital Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt34Bon Secours Maria Manor Nursing Care Center Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt35Bon Secours St Petersburg Home Care Services Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt36Bon Secours Health System Foundation Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt37Chesapeake Hospital Corporation
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt38Chesapeake Medical Group
IRS990ScheduleA/SupportingOrganization509a3Ind0X
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IRS990ScheduleA/SupportSumAmt00

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