Civic Intelligence

Infirmary Foundation Inc.

990 • Fiscal year 2016 • EIN 63-0870620

Apr 01, 2015 to Mar 31, 2016 • Filed on Sep 28, 2016

PO Box 2226Mobile, AL 36652

(251) 435-3030

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

6th percentile

0.02x

Higher debt load relative to revenue than 6% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

93rd percentile

52%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

97th percentile

$1,608,626

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 43.3% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

41st percentile

0.5%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

70th percentile

9.8%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$40,295,418

Up $199,304 (+0.5%) from 2015

Net Assets

Up

$40,229,234

Up $133,120 (+0.3%) from 2015

Liabilities

Up

$66,184

Up $66,184 from 2015

Revenue

Up

$3,716,607

Up $332,481 (+9.8%) from 2015

Expenses

Up

$1,800,919

Up $142,638 (+8.6%) from 2015

Net Income

Up

$1,915,688

Up $189,843 (+11%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $28,761,031Liabilities 2010: $80,395Net Assets 2010: $28,680,6362010Assets 2011: $31,640,202Liabilities 2011: $64,300Net Assets 2011: $31,575,9022011Assets 2012: $32,292,148Liabilities 2012: $281,346Net Assets 2012: $32,010,8022012Assets 2013: $36,614,750Liabilities 2013: $215,837Net Assets 2013: $36,398,9132013Assets 2014: $38,463,932Liabilities 2014: $229,891Net Assets 2014: $38,234,0412014Assets 2015: $40,096,114Liabilities 2015: $0Net Assets 2015: $40,096,1142015Assets 2016: $40,295,418Liabilities 2016: $66,184Net Assets 2016: $40,229,2342016Assets 2017: $42,399,263Liabilities 2017: $95,803Net Assets 2017: $42,303,4602017Assets 2018: $43,547,180Liabilities 2018: $102,849Net Assets 2018: $43,444,3312018Assets 2019: $40,534,556Liabilities 2019: $432,478Net Assets 2019: $40,102,0782019Assets 2020: $34,217,881Liabilities 2020: $363,843Net Assets 2020: $33,854,0382020Assets 2021: $41,667,601Liabilities 2021: $30,313Net Assets 2021: $41,637,2882021Assets 2022: $43,006,744Liabilities 2022: $282,901Net Assets 2022: $42,723,8432022Assets 2023: $38,374,600Liabilities 2023: $282,900Net Assets 2023: $38,091,7002023Assets 2024: $42,861,392Liabilities 2024: $10Net Assets 2024: $42,861,3822024Assets 2025: $46,336,880Liabilities 2025: $212,671Net Assets 2025: $46,124,2092025

Highlighted filing

2016

Assets$40,295,418
Liabilities$66,184
Net Assets$40,229,234

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,454,5712010Revenue 2011: $1,813,591Expenses 2011: $1,328,516Net Income 2011: $485,0752011Expenses 2012: $3,417,4472012Expenses 2013: $1,431,7052013Revenue 2014: $2,350,484Expenses 2014: $1,469,603Net Income 2014: $880,8812014Revenue 2015: $3,384,126Expenses 2015: $1,658,281Net Income 2015: $1,725,8452015Revenue 2016: $3,716,607Expenses 2016: $1,800,919Net Income 2016: $1,915,6882016Revenue 2017: $3,193,363Expenses 2017: $4,542,903Net Income 2017: -$1,349,5402017Revenue 2018: $3,854,885Expenses 2018: $1,090,080Net Income 2018: $2,764,8052018Revenue 2019: $2,965,534Expenses 2019: $3,166,009Net Income 2019: -$200,4752019Revenue 2020: $2,647,117Expenses 2020: $3,178,977Net Income 2020: -$531,8602020Revenue 2021: $2,852,659Expenses 2021: $4,426,803Net Income 2021: -$1,574,1442021Revenue 2022: $2,813,006Expenses 2022: $1,784,643Net Income 2022: $1,028,3632022Revenue 2023: $2,223,960Expenses 2023: $1,518,045Net Income 2023: $705,9152023Revenue 2024: $5,728,545Expenses 2024: $2,588,391Net Income 2024: $3,140,1542024Revenue 2025: $4,289,960Expenses 2025: $1,988,196Net Income 2025: $2,301,7642025

Highlighted filing

2016

Revenue$3,716,607
Expenses$1,800,919
Net Income$1,915,688
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Sep 28, 2016
Return Version
2015v2.1
Gross Receipts
$8,962,956
Mission and Program Overview

Mission

Infirmary foundation's purpose is to advance the promotiion of health, support the purposes of mobile infirmary association and other 501(c)(3) affiliates, and encourage public support of such organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$36,149,005$34,785,073▼ $1,363,932
Cash and Non-Interest-Bearing Accounts$1,404,462$3,240,766▲ $1,836,304
Land, Buildings, and Equipment, Net$2,195,433$1,928,573▼ $266,860
Investments Other Securities$337,031$337,031→ $0
Prepaid Expenses and Deferred Charges$3,433$3,959▲ $526
Accounts Receivable$6,750$16▼ $6,734
Total Assets$40,096,114$40,295,418▲ $199,304
Liabilities
Accounts Payable and Accrued Expenses-$66,184-
Total Liabilities$0$66,184▲ $66,184
Net Assets / Fund Balance
Unrestricted Net Assets$35,526,800$35,179,448▼ $347,352
Temporarily Rstr Net Assets$4,569,314$5,049,786▲ $480,472
Total Net Assets Fund Balance$40,096,114$40,229,234▲ $133,120
Total Liabilities and Net Assets / Fund Balance$40,096,114$40,295,418▲ $199,304

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$679,254$65,134$744,388
Land$1,156,169-$275,000
Equipment$93,150--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Scott BrowningAssistant TrPT$455,159$455,159
Robison Mcclure JrVice PresideFT$177,616$177,616
Revenue and Support

Revenue Composition

Contributions and Grants
$1,437,115
Program Service Revenue
$0
Investment Income
$2,411,393
Other Revenue
$-131,901
All Other Contributions
$537,066
Change in Net Assets
$1,915,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,199,321
Other Expenses$411,612
Salaries, Compensation, and Employee Benefits$189,986
Total Fundraising Expense$5,187
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,086,844--$1,086,844
Fees for Service Investment Mgmnt Fees-$218,381-$218,381
Other Salaries and Wages-$189,986-$189,986
Grants to Domestic Individuals$112,477--$112,477
Advertising-$23,927-$23,927
Office Expenses$6,306$9,734$5,187$21,227
Depreciation Depletion$18,610--$18,610
Occupancy-$6,548-$6,548
Fees for Services Legal-$980-$980
Other Expenses$95,198$500-$500
Insurance-$310-$310
Total Functional Expenses$1,319,435$476,297$5,187$1,800,919
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mobile Infirmary AssociationMobile, AL3Hospital Equipment$681,738
The ExploreumMobile, AL3Health Education$275,000
Camp Rap-a-hope Foundation IncMobile, AL3Health Support$30,000
G H Hospitals Inc Dba Thomas HospMobile, AL3Health Education$24,584
Waterfront Rescue MissionMobile, AL3Community Health$20,000
Infirmary Health System IncMobile, AL3Education$12,231
Infirmary Medical Clinic IncMobile, AL3Health Education$9,655
G H Hospitals Inc Dba North BaldwinMobile, AL-Health Education$5,089
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$211,612
Fundraising Gross Income$79,711
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Crystal Ball$74,130-$51,028-
Golf Tournament$229,566$42,316$86,575$-44,259
Total Events$405,116$79,711$211,612$-131,901
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Clifton inge, sr clinfton inge, jr director director family relationship clifton inge, sr mrs. H. Taylor morrissette director director family relationship g. Russell ladd, iii mrs. Edward b. Ladd director director family relationship mrs. H. Taylor morrissette mrs. Laura clark director director family relationship

Form 990, Page 6, Part VI, Line 7A

Infirmary foundation bylaws provide that the directors will be elected by the board of infirmary health system.

Form 990, Page 6, Part VI, Line 11B

Warren averett prepared the form 990 from information provided by the infirmary foundation. The tax return is then reviewed by the accounting department with the assistance from knowledgeable employees of the reporting organization and is then reviewed by senior management.

Form 990, Page 6, Part VI, Line 12C

Officers are requred annually to review the conflict of interest policy which defines conflicts of interest and advises that all such conflicts should be avoided if possible. All officers are required to report any conflicts of interest as they become aware. It is the responisbility of the directors to disclose potential conflicts of interest at the earliest possible meeting of the board of directors.

Form 990, Page 6, Part VI, Line 15A

As an affiliate of infirmary health system, inc., the foundation follows the system-wide compensation philosophy. The system employees designated as officers, directors and key employees are participants in the organization's performance plan that is reviewed annually for merit increases. The annual review covers the employee's performance for the fiscal year of april 1st though march 31st of the following year. The amount of individual merits/salary increases are determined based on the compa-ratio (hourly rate relative to salary range midpoint), the number of months since their last increase and performance score (rating) and the organization's annual merit guidelines. Each position is assigned a salary range based on market data, internal equity, and evaluation factors such as accountability, know how, and problem solving ability. Salary range midpoints (representing 100% of the market) increase each year based on external data. The organization participates in numerous salary surveys. Depending on the position, the survey data may be industry specific (e.g. Healthcare) or from other industries. Currently, executive position data comes from watson wyatt, integrated healthcare strategies, and sullivan cotter. The annual merit guidelines proved a merit increase percentage range based on the individual employee's performance rating and compa-ratio. For executives, the ceo and vp-human resources review the suggested merit increase and make recommendations to the compensation committee before final recommendations are presented to the board of directors for approval. The organization had an external review of compensation practices performed by sullivan cotter in 2013, 2014, and 2015.

Form 990, Page 6, Part VI, Line 19

The corporate charter of infirmary foundation, inc., is a matter of public record in the probate court of mobile county, al. The organization's form 990 are available upon request from the organization and for inspection at the corporate offices. The corporate bylaws, the conflict of interest policy and financial statements are not routinely made available to the public at this time.

Filing and Contact Details

Filer

Filer Name
Infirmary Foundation Inc
EIN
63-0870620
Phone
2514353030
Address
PO BOX 2226, MOBILE, AL 36652

Signing Officer

Name
Robison Mcclure Jr
Title
Vice President
Phone
2514353030
Signed
2016-09-28

Organization Details

Principal Officer
D Mark Nix
Formed
1983
Legal Domicile
Al
Voting Board Members
40
Independent Board Members
39
Employees
0
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Well as, team work and communication skills that are all targeted in reducing serious safety events. Simulation has the potential to recreate high-risk scenarios that are rarely experienced in real-life and test professionals in these challenging situations. It is a powerful learning tool to help the modern healthcare professional achieve higher levels of competence and safer care. -new computers for the alzheimer's center as well as exercise classes for patients -purchase of glidescopes for the intensive care units and the emergency department. These are used to evaluate airways and are used daily to help patients with cardiac arrest, respiratory arrest or a traumatic event that requires airway management. These are also portable in order to have a faster response time. -updating furniture in the neuro intensive care unit and furniture and carpeting the atrium the foundation also funded mimc's prohealth operation bounce back which offers medically supervised exercise, education and counseling to patients with cardiovascular diseases. It is one of the ten largest cardiac rehabilitation programs in the united states and the first cardiac rehabilitation program in alabama. Funding was also provided for continuing and leadership education for mimc staff and health related tuition reimbursement was provided to employees.

Form 990, Page 2, Part III, Line 4B

World of opportunity and church festivals. The main goal of the website is to make our program available to schools outside of our traveling area. Anyone can access our site. Schools and other organizations are using the site to go over drug education in their classes. The website averages over 5,000 hits per month. Www.debakeydrugeducation.com

Form 990, Page 2, Part III, Line 4C

School foundation, livestrong foundation, covenant hospice, gentiva hospice foundation and the alzheimer's foundation.

Form 990, Page 2, Part III, Line 4D

Infirmary foundation maintains the my bodyworks exhibit at the gulf coast exploreum science center. My bodyworks is one of the most advanced health galleries in the nation and features more than 50 custom designed exhibits and professionally equipped health and biology labs. Each exhibit reveals information about anatomy, nutrition or exercise in a fun and inner-active environment. Children and adults can learn more about living life to its fullest with healthy choices. The exhibit should raise awareness of careers in the healthcare industry.

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IRS990/ActivityOrMissionDesc0INFIRMARY FOUNDATION'S PURPOSE IS TO ADVANCE THE PROMOTIION OF HEALTH, SUPPORT THE PURPOSES OF MOBILE INFIRMARY ASSOCIATION AND OTHER 501(C)(3) AFFILIATES, AND ENCOURAGE PUBLIC SUPPORT OF SUCH ORGANIZATIONS.
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IRS990/Desc0PROVIDED FUNDING TO MOBILE INFIRMARY MEDICAL CENTER, A 501(C)(3) HOSPITAL FOR PURCHASE OF STATE OF THE ART HEALTHCARE EQUIPMENT AS THE HOSPITAL MEETS THE HEALTHCARE NEEDS OF MANY CLIENTS WITHIN THE COMMUNITY THROUGH INPATIENT/OUTPATIENT CARE REHABILITATION, THERAPY AND EDUCATION. THIS YEAR'S FUNDING INCLUDED: -PURCHASE OF A SURGICAL CHLOE - AN ADVANCED FULL-BODY SURGICAL SIMULATOR DESIGNED TO ADDRESS COMPETENCY IN SIX AREAS (PATIENT CARE, MEDICAL KNOWLEDGE, PRACTICE BASED KNOWLEDGE AND IMPROVEMENT, SYSTEMS BASED PRACTICE, COMMUNICATION AND PROFESSIONALISM). THE PURPOSE OF THE SURGICAL CHLOE IS TO PROVIDE A REAL-LIFE, IMMEDIATE FEEDBACK EXPERIENCE TO THE LEARNERS THAT WILL INCREASE SKILL-BASED/KNOWLEDGE BASED COMPETENCIES, AS WELL AS, TEAM WORK AND COMMUNICATION SKILLS THAT ARE ALL TARGETED IN REDUCING SERIOUS SAFETY EVENTS. SIMULATION HAS THE POTENTIAL TO RECREATE HIGH-RISK SCENARIOS THAT ARE RARELY EXPERIENCED IN REAL-LIFE AND TEST PROFESSIONALS IN THESE CHALLENGING SITUATIONS. IT IS A POWERFUL LEARNING TOOL TO HELP THE MODERN HEALTHCARE PROFESSIONAL ACHIEVE HIGHER LEVELS OF COMPETENCE AND SAFER CARE. -NEW COMPUTERS FOR THE ALZHEIMER'S CENTER AS WELL AS EXERCISE CLASSES FOR PATIENTS -PURCHASE OF GLIDESCOPES FOR THE INTENSIVE CARE UNITS AND THE EMERGENCY DEPARTMENT. THESE ARE USED TO EVALUATE AIRWAYS AND ARE USED DAILY TO HELP PATIENTS WITH CARDIAC ARREST, RESPIRATORY ARREST OR A TRAUMATIC EVENT THAT REQUIRES AIRWAY MANAGEMENT. THESE ARE ALSO PORTABLE IN ORDER TO HAVE A FASTER RESPONSE TIME. -UPDATING FURNITURE IN THE NEURO INTENSIVE CARE UNIT AND FURNITURE AND CARPETING THE ATRIUM THE FOUNDATION ALSO FUNDED MIMC'S PROHEALTH OPERATION BOUNCE BACK WHICH OFFERS MEDICALLY SUPERVISED EXERCISE, EDUCATION AND COUNSELING TO PATIENTS WITH CARDIOVASCULAR DISEASES. IT IS ONE OF THE TEN LARGEST CARDIAC REHABILITATION PROGRAMS IN THE UNITED STATES AND THE FIRST CARDIAC REHABILITATION PROGRAM IN ALABAMA. FUNDING WAS ALSO PROVIDED FOR CONTINUING AND LEADERSHIP EDUCATION FOR MIMC STAFF AND HEALTH RELATED TUITION REIMBURSEMENT WAS PROVIDED TO EMPLOYEES.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.3$0.21$46.1$4.29$1.99$2.30
2024Detailed filing. Detailed filing data is available for this year.$42.9$0.00$42.9$5.73$2.59$3.14
2023Detailed filing. Detailed filing data is available for this year.$38.4$0.28$38.1$2.22$1.52$0.71
2022Detailed filing. Detailed filing data is available for this year.$43.0$0.28$42.7$2.81$1.78$1.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.7$0.03$41.6$2.85$4.43$1.57
2020Detailed filing. Detailed filing data is available for this year.$34.2$0.36$33.9$2.65$3.18$0.53
2019Detailed filing. Detailed filing data is available for this year.$40.5$0.43$40.1$2.97$3.17$0.20
2018Detailed filing. Detailed filing data is available for this year.$43.5$0.10$43.4$3.85$1.09$2.76
2017Detailed filing. Detailed filing data is available for this year.$42.4$0.10$42.3$3.19$4.54$1.35
2016Detailed filing. Detailed filing data is available for this year.$40.3$0.07$40.2$3.72$1.80$1.92
2015Detailed filing. Detailed filing data is available for this year.$40.1$0.00$40.1$3.38$1.66$1.73
2014Detailed filing. Detailed filing data is available for this year.$38.5$0.23$38.2$2.35$1.47$0.88
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.6$0.22$36.4$1.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.3$0.28$32.0$3.42
2011Summary only. Only limited summary data is available for this year.$31.6$0.06$31.6$1.81$1.33$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$0.08$28.7$3.45