GOLD2023

EPHRAIM MCDOWELL HEALTH CARE FOUNDATION INC

aka Ephraim McDowell Health   |   Danville, KY   |  www.emhealth.org
GuideStar Charity Check

EPHRAIM MCDOWELL HEALTH CARE FOUNDATION INC

EIN: 61-1229333


Mission

Ephraim McDowell Health Care Foundation is dedicated to enhancing the healing environment provided by Ephraim McDowell Health through the generation of awareness, philanthropic leadership and support.

Ruling year info

1993

Principal Officer

Laura Donnell Richard

Main address

217 South Third St

Danville, KY 40422 USA

Show more contact info

EIN

61-1229333

Subject area info

Out-patient medical care

Hospital care

Community health care

Population served info

People with disabilities

People with diseases and illnesses

Pregnant people

Substance abusers

Caregivers

Show more populations served

NTEE code info

Hospitals and Primary Medical Care Facilities (E20)

Health Treatment Facilities (Primarily Outpatient) (E30)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Affiliations

See related organizations info

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Ephraim McDowell Health Care Foundation is dedicated to enhancing the healing environment provided by Ephraim McDowell Health through the generation of awareness, philanthropic leadership, and support.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Annual AED Grant

The Annual AED grant is a grant given to an entity in one of our six county region in Kentucky (Boyle, Garrard, Mercer, Washington, Lincoln, and Casey). This grant is for an AED Device and is given to a chosen entity as a part of American Heart Health Month.

Population(s) Served
People with disabilities
People with diseases and illnesses

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our goal is to raise funds for our six county region; to support health care initiatives and keep quality health care close to 'home'.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

Financials

EPHRAIM MCDOWELL HEALTH CARE FOUNDATION INC
Fiscal year: Oct 01 - Sep 30
Financial documents
2022 Ephraim McDowell Health Audited Financial Statements
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

2.25

Average of 2.40 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

27.2

Average of 10.9 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

13%

Average of 13% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

EPHRAIM MCDOWELL HEALTH CARE FOUNDATION INC

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

EPHRAIM MCDOWELL HEALTH CARE FOUNDATION INC

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

EPHRAIM MCDOWELL HEALTH CARE FOUNDATION INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of EPHRAIM MCDOWELL HEALTH CARE FOUNDATION INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $351,490 $401,204 $561,602 $1,590,790 -$1,710,194
As % of expenses 78.6% 67.5% 274.9% 428.7% -720.5%
Unrestricted surplus (deficit) after depreciation $351,490 $401,204 $561,602 $1,590,790 -$1,710,194
As % of expenses 78.6% 67.5% 274.9% 428.7% -720.5%
Revenue composition info
Total revenue (unrestricted & restricted) $695,138 $720,862 $967,159 $1,127,196 $742,298
Total revenue, % change over prior year -3.4% 3.7% 34.2% 16.5% -34.1%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 48.1% 52.1% 36.7% 32.4% 47.7%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 28.6% 50.4% 15.4% 13.8% 24.2%
Other revenue 23.3% -2.6% 47.9% 53.9% 28.2%
Expense composition info
Total expenses before depreciation $447,353 $594,632 $204,265 $371,041 $237,364
Total expenses, % change over prior year -71.7% 32.9% -65.6% 81.6% -36.0%
Personnel 40.3% 25.1% 35.9% 18.7% 33.6%
Professional fees 5.8% 4.0% 12.6% 8.8% 16.5%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 43.3% 61.8% 36.0% 62.7% 37.0%
All other expenses 10.6% 9.1% 15.5% 9.7% 12.9%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $447,353 $594,632 $204,265 $371,041 $237,364
One month of savings $37,279 $49,553 $17,022 $30,920 $19,780
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $484,632 $644,185 $221,287 $401,961 $257,144

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 5.4 4.2 22.9 11.1 27.2
Months of cash and investments 256.1 204.5 638.4 406.4 558.0
Months of estimated liquid unrestricted net assets 144.0 116.4 371.9 256.2 314.0
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $200,852 $207,633 $389,046 $342,909 $537,114
Investments $9,348,184 $9,927,905 $10,477,283 $12,222,462 $10,500,174
Receivables $2,564 $53,923 $55,719 $54,820 $54,820
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 40.4% 40.1% 39.1% 34.7% 41.2%
Unrestricted net assets $5,368,482 $5,769,686 $6,331,288 $7,922,078 $6,211,884
Temporarily restricted net assets $108,658 $110,960 N/A N/A N/A
Permanently restricted net assets $733,208 $752,566 N/A N/A N/A
Total restricted net assets $841,866 $863,526 $853,795 $957,364 $794,552
Total net assets $6,210,348 $6,633,212 $7,185,083 $8,879,442 $7,006,436

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Laura Donnell Richard

Educator with more than 30 years work in higher education, fund raising and community service.

Number of employees

Source: IRS Form 990

EPHRAIM MCDOWELL HEALTH CARE FOUNDATION INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

EPHRAIM MCDOWELL HEALTH CARE FOUNDATION INC

Board of directors
as of 10/03/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Kay Richardson


Board co-chair

Jon Scalf

Johnson & Pohlmann Insurance

Term: 2022 - 2024

Chris Davis

Farmers National Bank

Amanda Kinman

Ephraim McDowell

Jennifer Daniel

Ephraim McDowell

Laura Richard

Ephraim McDowell

Daniel McKay

Ephraim McDowell

Sierra Lande

Jennifer Newby

Damon Thompson

Larry Weathers

Weathers Agency

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 3/21/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 03/21/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.