Civic Intelligence

St. Hope Foundation Inc.

990 • Fiscal year 2023 • EIN 76-0622487

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 16, 2024

6200 SavoyHouston, TX 77036

(713) 778-1300

Siviq Scores

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

Liabilities / Assets

60th percentile

0.36x

Higher debt load relative to assets than 60% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.20x

Higher debt load relative to revenue than 32% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

48th percentile

2.7%

Higher net margin than 48% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

75th percentile

$569,933

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

79th percentile

19%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

25th percentile

-9.5%

Faster revenue growth than 25% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Assets

Up

$34,376,820

Up $5,457,588 (+19%) from 2022

Net Assets

Down

$21,847,642

Down $2,229,350 (-9.3%) from 2022

Liabilities

Up

$12,529,178

Up $7,686,938 (+159%) from 2022

Revenue

Down

$63,306,484

Down $6,678,057 (-9.5%) from 2022

Expenses

Down

$61,613,042

Down $5,747,475 (-8.5%) from 2022

Net Income

Down

$1,693,442

Down $930,582 (-35%) from 2022

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $613,338Liabilities 2011: $181,567Net Assets 2011: $431,7712011Assets 2012: $1,032,806Liabilities 2012: $400,189Net Assets 2012: $632,6172012Assets 2013: $2,301,275Liabilities 2013: $716,178Net Assets 2013: $1,585,0972013Assets 2014: $2,678,942Liabilities 2014: $649,227Net Assets 2014: $2,029,7152014Assets 2015: $5,335,707Liabilities 2015: $1,481,610Net Assets 2015: $3,854,0972015Assets 2016: $6,582,729Liabilities 2016: $1,554,613Net Assets 2016: $5,028,1162016Assets 2017: $7,593,115Liabilities 2017: $1,951,691Net Assets 2017: $5,641,4242017Assets 2018: $8,256,135Liabilities 2018: $2,250,697Net Assets 2018: $6,005,4382018Assets 2019: $12,891,682Liabilities 2019: $4,566,702Net Assets 2019: $8,324,9802019Assets 2020: $18,330,279Liabilities 2020: $4,544,091Net Assets 2020: $13,786,1882020Assets 2021: $24,463,545Liabilities 2021: $2,299,411Net Assets 2021: $22,164,1342021Assets 2022: $28,919,232Liabilities 2022: $4,842,240Net Assets 2022: $24,076,9922022Assets 2023: $34,376,820Liabilities 2023: $12,529,178Net Assets 2023: $21,847,6422023Assets 2024: $27,046,172Liabilities 2024: $14,569,678Net Assets 2024: $12,476,4942024

Highlighted filing

2023

Assets$34,376,820
Liabilities$12,529,178
Net Assets$21,847,642

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2011: $3,914,1122011Expenses 2012: $5,898,8402012Revenue 2013: $9,510,637Expenses 2013: $8,558,157Net Income 2013: $952,4802013Revenue 2014: $12,309,499Expenses 2014: $11,864,881Net Income 2014: $444,6182014Revenue 2015: $17,758,224Expenses 2015: $15,933,843Net Income 2015: $1,824,3812015Revenue 2016: $23,543,119Expenses 2016: $22,369,100Net Income 2016: $1,174,0192016Revenue 2017: $25,503,865Expenses 2017: $24,890,557Net Income 2017: $613,3082017Revenue 2018: $31,609,986Expenses 2018: $31,245,972Net Income 2018: $364,0142018Revenue 2019: $43,719,041Expenses 2019: $41,399,499Net Income 2019: $2,319,5422019Revenue 2020: $50,453,551Expenses 2020: $44,992,343Net Income 2020: $5,461,2082020Revenue 2021: $68,716,621Expenses 2021: $60,247,532Net Income 2021: $8,469,0892021Revenue 2022: $69,984,541Expenses 2022: $67,360,517Net Income 2022: $2,624,0242022Revenue 2023: $63,306,484Expenses 2023: $61,613,042Net Income 2023: $1,693,4422023Revenue 2024: $49,217,811Expenses 2024: $54,972,559Net Income 2024: -$5,754,7482024

Highlighted filing

2023

Revenue$63,306,484
Expenses$61,613,042
Net Income$1,693,442
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 16, 2024
Return Version
2023v5.1
Gross Receipts
$63,306,484
Mission and Program Overview

Mission

The organizations mission is to provide culturally compassionate, high quality healthcare as a patient centered medical home maximizing patient health outcomes for an improved quality of life.

To provide culturally compassionate high quality health care as a patient centered medical home maximizing patient health outcomes for an improved quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,580,412$13,556,620▲ $2,976,208
Accounts Receivable$9,935,269$9,600,211▼ $335,058
Cash and Non-Interest-Bearing Accounts$5,307,483$3,805,553▼ $1,501,930
Inventories for Sale or Use$1,264,450$759,074▼ $505,376
Savings and Temporary Cash Investments$1,831,618$686,011▼ $1,145,607
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$28,919,232$34,376,820▲ $5,457,588
Other Assets Total$0$5,969,351▲ $5,969,351
Liabilities
Other Liabilities$461,622$6,337,195▲ $5,875,573
Accounts Payable and Accrued Expenses$4,356,878$3,784,676▼ $572,202
Mortgage Notes Payable Secured by Investment Property$23,740$2,407,307▲ $2,383,567
Total Liabilities$4,842,240$12,529,178▲ $7,686,938
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,076,992$21,847,642▼ $2,229,350
Total Net Assets Fund Balance$24,076,992$21,847,642▼ $2,229,350
Total Liabilities and Net Assets / Fund Balance$28,919,232$34,376,820▲ $5,457,588

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,192,326$1,137,322$9,329,648
Equipment$3,569,782$600,813$4,170,595
Leasehold Improvements$902,700$610,258$1,512,958
Land$850,775-$850,775
Other Land Buildings$41,037$390,050$431,087
Other Assets Org$131,738--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-CEOFT$404,999$164,934$569,933
-Chief Medical OfficerFT$400,499$103,097$503,596
-Chief Operations OfficerFT$322,499$112,901$435,400
-Chief Nursing OfficerFT$275,507$39,470$314,977
-Sr. Director of FinanceFT$220,500$51,680$272,180
-Chief Dental DirectorFT$228,751$31,919$260,670
-Sr. Director of PCMH & Prevention ServicesFT$228,458$28,444$256,902
-Chief Pharmacy DirectorFT$213,500$31,420$244,920
-Family Medicine, M.d.FT$210,129$15,408$225,537

Board Members and Trustees

NameTitle
-President
-Vice President
-Member
-Secretary
-Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Anchor Commercial BuldersConstruction6300 DIXIE DRIVE, RD STE 208, Houston, TX 77087$1,320,000
LabcorpLaboratory ServicesPO BOX 12140, Burlington, NC 27216$881,000
EclinicalworksEhr Management SvcsTWO TECHNOLOGY DRIVE, Westborough, MA 01581$391,000
Rev77Marketing1438 W BROADWAY, Tempe, AZ 85282$202,000
KhouMarketingPO BOX 637386, Cincinnati, OH 45263$126,000
Revenue and Support

Revenue Composition

Contributions and Grants
$12,377,543
Program Service Revenue
$50,843,876
Investment Income
$25,346
Other Revenue
$59,719
All Other Contributions
$252,008
Change in Net Assets
$1,693,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,210,282
Salaries, Compensation, and Employee Benefits$19,402,760
Total Fundraising Expense$31,621
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,228,920$1,635,170-$13,864,090
Occupancy$1,786,093$132,738-$1,918,831
Payroll Taxes$1,678,197$227,977-$1,906,174
Current Officers, Directors, Trustees, and Key Employees$1,545,074$236,035-$1,781,109
Office Expenses$963,956$477,008-$1,440,964
Other Employee Benefits$1,236,579$167,985-$1,404,564
Information Technology$726,383$193,088-$919,471
Depreciation Depletion$577,722$81,224-$658,946
Pension Plan Contributions$378,209$68,614-$446,823
Advertising-$429,577-$429,577
Insurance$317,498$74,475-$391,973
Travel$99,231$224,117-$323,348
Fees for Services Other$117,320$175,978$0$293,298
Conferences and Meetings$183,542$88,342-$271,884
Interest-$131,498-$131,498
Fees for Services Accounting-$90,993-$90,993
Other Expenses$35,237,729$66,349$31,621$31,621
Fees for Services Legal-$3,800-$3,800
Total Functional Expenses$57,076,453$4,504,968$31,621$61,613,042
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
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
Operating Lease Liabilities$6,337,195
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2

Rodney goodie and latrecia goodie have a family relationship

Form 990, Part VI, Line 11B Review of form 990 by governing body

A draft of form 990 is first reviewed in detail by top management and recommendations for changes are made. Once changes are made, the board of directors reviews and approves the form 990 (with changes, if required). Once final changes are made, the final form 990 is submitted to the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

Conflicts are evaluated monthly during risk management meetings by the risk management committee. Annually, board members are required to review and sign the conflicts of interest agreement. Board members are required to declare when a conflict of interest may be present during any board meeting. The board evaluates the expressed conflict and documents in the minutes its decision regarding the conflict. The board review perceived conflicts during its normal board meetings and document actions taken, if any, within the meeting minutes.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Process to determine ceo compensation: a committee of the board of directors compiles and reviews information from other organization's form 990s, local independent compensation studies, and the chief executive officer's performance of the past twelve months, assisted by a local independent consultant, to set compensation. The assessment is reviewed and approved by the board of directors and a level of compensation is recommended. Board members are not compensated. The compensation is recorded in the board meeting minutes.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

Process to determine other officials and key employees: the ceo and board members review local organization's compensation levels for comparable positions, healthcare industry public data, local independent compensation studies, and job responsibilities to determine compensations levels for key employees. The employee's job performance is reviewed to come to a compensation package for each employee. The compensation information is reviewed by an independent consultant.

Form 990, Part VI, Line 19 Required documents available to the public

All public documents are available upon request.

Form 990, Part VIII, Line 11D Other Miscellaneous Revenue

- Total Revenue: 188, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 188;

Filing and Contact Details

Filer

Filer Name
St Hope Foundation Inc
EIN
76-0622487
Phone
7137781300
Address
6200 SAVOY, HOUSTON, TX 77036

Signing Officer

Name
Rodney Goodie
Title
CEO
Phone
7137781300
Signed
2024-11-16
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
TX
Voting Board Members
13
Independent Board Members
13
Employees
233
Volunteers
13

Preparer

Firm
Forvis Mazars LLP
Address
PO Box 3667, Little Rock, AR 72203-3667
Preparer
Amber Sherrill
Phone
5013721040
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 951,323 including grants of $ 0)(Revenue $ 290,005) CASE MANAGEMENT

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 707,797 including grants of $ 0)(Revenue $ 336,214) VISION

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 668,749 including grants of $ 0)(Revenue $ 660,276) RESEARCH

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 567,508 including grants of $ 0)(Revenue $ 362,880) TRANSPORTATION

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 319,112 including grants of $ 0)(Revenue $ 242,008) PREVENTION

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Adoption of asc 842 - -3922792;

Form 990, Part XII, Line 3B

The organization has not undergone the required audit, however it is scheduled to begin december 2024. The 2022 audit was finished september 2024.

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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1MONICA LLES
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2PHIL THOMAS
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3SHERYL SMITH
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4B DENYSE THIER
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5CHANDRA JONES
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt6DEBORAH JOHNSON
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt7DINORA ARRIAGA
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt9HERBERT FLOWER
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt10IRVIN ROBATUE
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt11MARY MAY
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt12MARY THOMAS
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt13RODNEY GOODIE
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt14JAMES SIMS III
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt15SHARON LYLES
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt16TIMIKA SAM-COOPER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt13CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF MEDICAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15Sr. Director of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17Chief Nursing Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt18Sr. Director of PCMH & Prevention Services
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF DENTAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHIEF PHARMACY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21FAMILY MEDICINE, M.D.
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IRS990/MissionDesc0TO PROVIDE CULTURALLY COMPASSIONATE HIGH QUALITY HEALTH CARE AS A PATIENT CENTERED MEDICAL HOME MAXIMIZING PATIENT HEALTH OUTCOMES FOR AN IMPROVED QUALITY OF LIFE.
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IRS990/OtherExpensesGrp/Desc0MEDICAL/DENTAL/VISION/PHARMA
IRS990/OtherExpensesGrp/Desc1FEES, SURCHARGES FROM VENDORS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$14.6$12.5$49.2$55.0$5.75
2023Detailed filing. Detailed filing data is available for this year.$34.4$12.5$21.8$63.3$61.6$1.69
2022Detailed filing. Detailed filing data is available for this year.$28.9$4.84$24.1$70.0$67.4$2.62
2021Detailed filing. Detailed filing data is available for this year.$24.5$2.30$22.2$68.7$60.2$8.47
2020Detailed filing. Detailed filing data is available for this year.$18.3$4.54$13.8$50.5$45.0$5.46
2019Detailed filing. Detailed filing data is available for this year.$12.9$4.57$8.32$43.7$41.4$2.32
2018Detailed filing. Detailed filing data is available for this year.$8.26$2.25$6.01$31.6$31.2$0.36
2017Detailed filing. Detailed filing data is available for this year.$7.59$1.95$5.64$25.5$24.9$0.61
2016Detailed filing. Detailed filing data is available for this year.$6.58$1.55$5.03$23.5$22.4$1.17
2015Detailed filing. Detailed filing data is available for this year.$5.34$1.48$3.85$17.8$15.9$1.82
2014Detailed filing. Detailed filing data is available for this year.$2.68$0.65$2.03$12.3$11.9$0.44
2013Detailed filing. Detailed filing data is available for this year.$2.30$0.72$1.59$9.51$8.56$0.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.40$0.63$5.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.18$0.43$3.91