Civic Intelligence

St. Bernards Hospital Development Foundation

990 • Fiscal year 2019 • EIN 71-0563245

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 13, 2020

400 East StreetJonesboro, AR 72401

(870) 207-2500

Siviq Scores

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

Liabilities / Assets

21st percentile

0.02x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

16th percentile

0.02x

Higher debt load relative to revenue than 16% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

96th percentile

$636,577

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

88th percentile

29%

Faster asset growth than 88% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

87th percentile

42%

Faster revenue growth than 87% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$6,328,888

Up $1,405,275 (+29%) from 2018

Net Assets

Up

$6,233,862

Up $1,363,042 (+28%) from 2018

Liabilities

Up

$95,026

Up $42,233 (+80%) from 2018

Revenue

Up

$4,215,735

Up $1,247,874 (+42%) from 2018

Expenses

Up

$2,846,746

Up $917,634 (+48%) from 2018

Net Income

Up

$1,368,989

Up $330,240 (+32%) from 2018

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

2019

Assets$6,328,888
Liabilities$95,026
Net Assets$6,233,862

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

2019

Revenue$4,215,735
Expenses$2,846,746
Net Income$1,368,989
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 13, 2020
Return Version
2018v3.3
Gross Receipts
$4,345,306
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,397,760$4,517,885▲ $120,125
Land, Buildings, and Equipment, Net$163,794$1,330,381▲ $1,166,587
Pledges and Grants Receivable$0$466,567▲ $466,567
Accounts Receivable$331,719$0▼ $331,719
Savings and Temporary Cash Investments$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$4,923,613$6,328,888▲ $1,405,275
Other Assets Total$30,340$14,055▼ $16,285
Liabilities
Accounts Payable and Accrued Expenses$35,517$53,001▲ $17,484
Other Liabilities$17,276$42,025▲ $24,749
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$52,793$95,026▲ $42,233
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,431,600$4,726,384▲ $294,784
Unrestricted Net Assets$439,220$1,507,478▲ $1,068,258
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$4,870,820$6,233,862▲ $1,363,042
Total Liabilities and Net Assets / Fund Balance$4,923,613$6,328,888▲ $1,405,275

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,195,088$343,829$1,538,917
Land$128,794-$128,794
Equipment$6,499$88,582$95,081
Compensation and Service Providers

Employees

NameTitleOtherTotal
Marilyn HummelsteinPresident$138,679$138,679
Revenue and Support

Revenue Composition

Contributions and Grants
$4,142,471
Program Service Revenue
$0
Investment Income
$42,345
Other Revenue
$30,919
All Other Contributions
$3,416,269
Change in Net Assets
$1,368,989

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$1,235,000Fair Market Value
Other Non Cash Contri Table518$20,715Fair Market Value
Total Noncash Contributions519$1,255,715-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,215,735
Revenue Not Reported on Form 990
$163,912
Total Revenue per Audited Statements
$4,379,647
Total Revenue per Form 990
$4,215,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,797,130
Other Expenses$726,275
Salaries, Compensation, and Employee Benefits$323,341
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,797,130--$1,797,130
Fees for Services Other$140,748$111,290$0$252,038
Other Salaries and Wages$134,600$106,428-$241,028
All Other Expenses$47,867$37,845-$85,712
Depreciation Depletion$44,747$35,382-$80,129
Other Employee Benefits$36,180$28,607-$64,787
Office Expenses$17,480$13,821-$31,301
Fees for Services Accounting$16,457$13,013-$29,470
Information Technology$15,369$12,152-$27,521
Fees for Services Management$14,857$11,748-$26,605
Payroll Taxes$9,787$7,739-$17,526
Occupancy$8,548$6,759-$15,307
Advertising$6,675$5,278-$11,953
Conferences and Meetings$6,619$5,234-$11,853
Travel$6,472$5,118-$11,590
Insurance$3,135$2,478-$5,613
Fees for Services Legal$1,468$1,161-$2,629
Other Expenses$551$436-$987
Total Functional Expenses$2,405,418$441,328$0$2,846,746

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,016,605
Expenses per Audited Statements$2,846,746
Total Expenses per Form 990$2,846,746
Expenses Not Reported on Form 990$169,859
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Bernards Medical CenterJonesboro, AR501(c)3General Support$1,255,416
St Bernards Medical CenterJonesboro, AR501(c)3General Support$163,006
St Bernards VillageJonesboro, AR501(c)3General Support-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$128,457
Fundraising Gross Income$124,825
Gaming Gross Income$5,810
Gaming Direct Expenses$1,114
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Triple Swing$307,033$98,899$39,022$59,877
Wings & Clays$10,000$10,000-$10,000
Total Events$332,959$124,825$128,457$-3,632
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$42,025
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 B, Lines 15A & 15B

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 arthur gallagher and co. 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. Mariyln hummelstein, president, conducts annual reviews of the employees and compensation is based accordingly. The last review was conducted in 2018 by arthur gallagher and co.

Filing and Contact Details

Filer

Filer Name
St Bernards Development Foundation
EIN
71-0563245
In Care Of
% BEN BARYLSKE
Phone
8702072500
Address
400 EAST STREET, JONESBORO, AR 72401

Signing Officer

Name
Ben Barylske
Title
CFO
Phone
8702072500
Signed
2020-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marilyn Hummelstein
Formed
1982
Legal Domicile
Ar
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
627

Preparer

Firm
Bkd Llp
Address
PO BOX 3667, LITTLE ROCK, AR 72203-3667
Preparer
Amber Sherrill
Phone
5013721040
Supplemental Narrative

Financial Statement Notes

Form 990, Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material tax positions to be recorded or disclosed in the financial statements.

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

Special event expenses $128,457 gaming event expenses $1,114 =================================== total $129,571

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

Special event expenses $128,457 gaming event expenses $1,114 =================================== total $129,571

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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