Civic Intelligence

St. Bernards Hospital Development Foundation

990 • Fiscal year 2014 • EIN 71-0563245

Oct 01, 2013 to Sep 30, 2014 • Filed on Aug 10, 2015

400 East StreetSuite72401

(870) 207-2500

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

97th percentile

$438,017

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

93rd percentile

61%

Faster asset growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$3,109,849

Up $1,175,740 (+61%) from 2013

Net Assets

Up

$3,070,573

Up $1,181,538 (+63%) from 2013

Liabilities

Down

$39,276

Down $5,798 (-13%) from 2013

Revenue

$3,158,699

No earlier filing loaded for comparison.

Expenses

Down

$1,988,219

Down $454,365 (-19%) from 2013

Net Income

$1,170,480

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,043,316Liabilities 2010: $40,425Net Assets 2010: $2,002,8912010Assets 2011: $1,757,182Liabilities 2011: $271,997Net Assets 2011: $1,485,1852011Assets 2012: $1,589,393Liabilities 2012: $69,403Net Assets 2012: $1,519,9902012Assets 2013: $1,934,109Liabilities 2013: $45,074Net Assets 2013: $1,889,0352013Assets 2014: $3,109,849Liabilities 2014: $39,276Net Assets 2014: $3,070,5732014Assets 2015: $3,972,706Liabilities 2015: $205,476Net Assets 2015: $3,767,2302015Assets 2016: $3,807,706Liabilities 2016: $57,506Net Assets 2016: $3,750,2002016Assets 2017: $3,886,676Liabilities 2017: $76,059Net Assets 2017: $3,810,6172017Assets 2018: $4,923,613Liabilities 2018: $52,793Net Assets 2018: $4,870,8202018Assets 2019: $6,328,888Liabilities 2019: $95,026Net Assets 2019: $6,233,8622019Assets 2020: $5,635,802Liabilities 2020: $0Net Assets 2020: $5,635,8022020Assets 2021: $5,895,793Liabilities 2021: $4,705Net Assets 2021: $5,891,0882021Assets 2022: $4,755,488Liabilities 2022: $177,891Net Assets 2022: $4,577,5972022Assets 2023: $5,933,890Liabilities 2023: $153,913Net Assets 2023: $5,779,9772023Assets 2024: $6,967,901Liabilities 2024: $549,668Net Assets 2024: $6,418,2332024

Highlighted filing

2014

Assets$3,109,849
Liabilities$39,276
Net Assets$3,070,573

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,799,6822010Expenses 2011: $1,744,3262011Expenses 2012: $2,175,7432012Expenses 2013: $2,442,5842013Revenue 2014: $3,158,699Expenses 2014: $1,988,219Net Income 2014: $1,170,4802014Revenue 2015: $2,211,797Expenses 2015: $1,519,334Net Income 2015: $692,4632015Revenue 2016: $4,290,447Expenses 2016: $4,323,039Net Income 2016: -$32,5922016Revenue 2017: $2,318,159Expenses 2017: $2,273,341Net Income 2017: $44,8182017Revenue 2018: $2,967,861Expenses 2018: $1,929,112Net Income 2018: $1,038,7492018Revenue 2019: $4,215,735Expenses 2019: $2,846,746Net Income 2019: $1,368,9892019Revenue 2020: $1,990,887Expenses 2020: $2,588,947Net Income 2020: -$598,0602020Revenue 2021: $1,820,130Expenses 2021: $1,487,756Net Income 2021: $332,3742021Revenue 2022: $1,815,099Expenses 2022: $3,209,515Net Income 2022: -$1,394,4162022Revenue 2023: $3,948,315Expenses 2023: $2,796,385Net Income 2023: $1,151,9302023Revenue 2024: $2,481,722Expenses 2024: $1,843,466Net Income 2024: $638,2562024

Highlighted filing

2014

Revenue$3,158,699
Expenses$1,988,219
Net Income$1,170,480
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Aug 10, 2015
Return Version
2013v4.0
Gross Receipts
$3,382,283
Mission and Program Overview

Mission

To support and enhance the mission of st. Bernards healthcare by providing funding, creating volunteer opportunities, and raising community awareness.

To support and enhance the mission of st. Bernards helathcare through funding, volunteerism and community awareness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,508,066$2,769,750▲ $1,261,684
Land, Buildings, and Equipment, Net$214,266$203,862▼ $10,404
Pledges and Grants Receivable$179,196$120,283▼ $58,913
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,934,109$3,109,849▲ $1,175,740
Other Assets Total$32,581$15,954▼ $16,627
Liabilities
Accounts Payable and Accrued Expenses$45,074$34,784▼ $10,290
Other Liabilities$0$4,492▲ $4,492
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$45,074$39,276▼ $5,798
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,280,183$2,551,381▲ $1,271,198
Unrestricted Net Assets$608,852$519,192▼ $89,660
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,889,035$3,070,573▲ $1,181,538
Total Liabilities and Net Assets / Fund Balance$1,934,109$3,109,849▲ $1,175,740

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$75,000$225,615$300,615
Land$128,794-$128,794
Equipment$68$88,656$88,724
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Marilyn HummelsteinPresidentFT$113,046$113,046

Board Members and Trustees

NameTitle
Leo BaltzChairman
Chris BarberPresident/CEO
Barry LedbetterBoard Member
Brad EdwardsBoard Member
Brant PerkinsBoard Member
Dr Charles E KempBoard Member
Dr Don Vollman JrBoard Member
Elizabeth Sales MdBoard Member
Linda WoffordBoard Member
Rosie YoungBoard Member
Sam HummelsteinBoard Member
Scott DurhamBoard Member
Sister Joann SandovalBoard Member
Sister Pauline Morath OsbBoard Member
Stacy HarralBoard Member
Steve CoxBoard Member
Sister Ann Marie Ferricher OsbCorporate Member
Sister Marilyn Doss OsbCorporate Member
Sister Mary Beth Hackley OsbCorporate Member
Revenue and Support

Revenue Composition

Contributions and Grants
$3,009,974
Program Service Revenue
$4,309
Investment Income
$9,022
Other Revenue
$135,394
All Other Contributions
$2,258,017
Change in Net Assets
$1,170,480

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,158,699
Revenue Not Reported on Form 990
$234,642
Total Revenue per Audited Statements
$3,393,341
Total Revenue per Form 990
$3,158,699
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$955,847
Other Expenses$720,142
Salaries, Compensation, and Employee Benefits$312,230
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$955,847--$955,847
Fees for Services Other$182,273$125,305-$307,578
Other Salaries and Wages$143,434$98,604$0$242,038
Advertising$55,212$37,955-$93,167
Office Expenses$32,665$22,455-$55,120
Other Employee Benefits$30,988$21,302-$52,290
Fees for Services Accounting$14,754$10,143-$24,897
All Other Expenses$14,567$10,015-$24,582
Travel$12,358$8,495-$20,853
Payroll Taxes$10,609$7,293$0$17,902
Conferences and Meetings$7,580$5,211-$12,791
Other Expenses$6,622$4,552-$11,174
Information Technology$6,606$4,541-$11,147
Depreciation Depletion$6,165$4,238-$10,403
Occupancy$5,649$3,884-$9,533
Insurance$1,084$746-$1,830
Interest$45$31-$76
Total Functional Expenses$1,573,151$415,068$0$1,988,219

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,211,803
Expenses per Audited Statements$1,988,219
Total Expenses per Form 990$1,988,219
Expenses Not Reported on Form 990$223,584
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
71-0290019-501(c)(3)Support$549,714
37-1577767-501(c) (6)Support$120,450
71-0835247-501(c)(3)Bioterrorism Grant$21,500
71-0805203-501(c)(3)Support$10,000
71-0236932-501(c)(3)Bioterrorism Grant$9,500
71-0327091-501(c)(3)Bioterrorism Grant$9,500
81-0572898-501(c)(3)Bioterrorism Grant$9,500
75-2976342-501(c)(3)Bioterrorism Grant$9,500
80-0370789-501(c)(3)Bioterrorism Grant$9,500
71-6042625-501(c)(3)Bioterrorism Grant$9,500
26-1948937-501(c)(3)Bioterrorism Grant$9,500
71-0230218-501(c)(3)Bioterrorism Grant$9,500
71-0515881-501(c)(3)Bioterrorism Grant$9,200
71-6000556-501(c)(3)Bioterrorism Grant$7,260
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$342,378
Fundraising Direct Expenses$216,659
Gaming Gross Income$16,600
Gaming Direct Expenses$6,925
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$249,447$249,447$37,635$211,812
Event 2$16,800$16,800$17,903$-1,103
Total Events$373,034$342,378$216,659$125,719
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Sbmc$4,492
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Lines 6, 7A, & 7B

Olivetan benedictine sisters, inc. Is the sole member of st. Bernards development foundation. Olivetan benedictine sisters, inc. Appoints the members of the board. Olivetan benedictine sisters, inc. Must approve any aggregate borrowing of funds in excess of $500,000, any purchase/sale/lease/disposition/exchange/gift/pledge/mortgage of any substantial part of the assets of the corporation, any variance with congregational policy/philosophy/ethics of the member, any amendment/alteration/repeal of the bylaws, merger/consolidation/dissolution of the corporation, and such other matters as may be required by law to be submitted to the governing board or as to which the governing board determines by resolution that such submission is advisable. The diocese of little rock must approve any transaction over $5 million.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the following persons or groups: controller of st bernards healthcare, inc., vice president of internal audit of st bernards healthcare, inc., vice president of finance of st. Bernards healthcare, inc., president/ceo of st bernards healthcare, inc., legal counsel, and the audit committee of st bernards healthcare, inc. Prior to filing.

Form 990, Part VI, Section B, Line 12C

Directors and above annually submit a written statement disclosing any potential conflicts of interest. Management investigates any potential conflicts and takes appropriate action depending on the nature of the conflict. Legal counsel also reviews any potential conflicts of interest and advises management.

Form 990, Part VI, Section B, 15A & B

The board of directors selects directors to serve on the compensation committee. The compensation committee approves the initial salary and any subsequent salary adjustments of all management. The compensation committee obtains an independent salary survey from integrated healthcare strategies on an annual basis for use in determining the appropriate salary ranges for management. The compensation committee presents the information to the board for approval. In 2014, aha and rasco surveys were completed for compensation relating to all management personnel and all other employees of the organization.

Form 990, Part VI, Section C, Line 19

The organization's financial statements, governing documents, and the conflict of interest policy are not made available to the public.

Form 990, Part VI, Section A, Line 2

Marilyn hummelstein and sam hummelstein are family members.

Filing and Contact Details

Filer

EIN
71-0563245
In Care Of
% HARRY HUTCHISON
Phone
8702072500

Signing Officer

Name
Harry Hutchison
Title
CFO
Phone
5013721040
Signed
2015-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marilyn Hummelstein
Formed
1982
Legal Domicile
Ar
Voting Board Members
18
Independent Board Members
17
Employees
0
Volunteers
575

Preparer

Preparer
Amber Sherrill
Phone
5013721040
Supplemental Narrative

Financial Statement Notes

Form 990, Schedule D, Part XII, Line 2D

Special event expenses $216,659 gaming event expenses $6,925 =================================== total $223,584

Form 990, Schedule D, Part XI, Line 2D

Special event expenses $216,659 gaming event expenses $6,925 =================================== total $223,584

Form 990, Schedule D, Part X, Line 2

The foundation is exempt from income taxes under section 501 of the internal revenue code and a similiar provision of state law. However, the foundation is subject to federal income tax on any unrelated business taxable income. The foundation files tax returns in the u.s. Federal jurisdiction. With a few exceptions, the foundation is no longer subject to u.s. Federal examinations by tax authorities for years before 2010.

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IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0AUXILIARY HOUSE INCOME

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.97$0.55$6.42$2.48$1.84$0.64
2023Detailed filing. Detailed filing data is available for this year.$5.93$0.15$5.78$3.95$2.80$1.15
2022Detailed filing. Detailed filing data is available for this year.$4.76$0.18$4.58$1.82$3.21$1.39
2021Detailed filing. Detailed filing data is available for this year.$5.90$0.00$5.89$1.82$1.49$0.33
2020Detailed filing. Detailed filing data is available for this year.$5.64$0.00$5.64$1.99$2.59$0.60
2019Detailed filing. Detailed filing data is available for this year.$6.33$0.10$6.23$4.22$2.85$1.37
2018Detailed filing. Detailed filing data is available for this year.$4.92$0.05$4.87$2.97$1.93$1.04
2017Detailed filing. Detailed filing data is available for this year.$3.89$0.08$3.81$2.32$2.27$0.04
2016Detailed filing. Detailed filing data is available for this year.$3.81$0.06$3.75$4.29$4.32$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.97$0.21$3.77$2.21$1.52$0.69
2014Detailed filing. Detailed filing data is available for this year.$3.11$0.04$3.07$3.16$1.99$1.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.05$1.89$2.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.07$1.52$2.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.27$1.49$1.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.04$2.00$2.80