Franciscan Missionaries of Our Lady Health System Inc
Only 13% goes to programs $0 to raise $100 Strong reserves Growing revenue
Franciscan Missionaries of Our Lady Health System Inc is a 501(c)(3) organization based in Baton Rouge, Louisiana, registered in 1946, with $368,981,146 in FY2023 revenue. CharityIndex grades it C, and it directs about 13% of spending to programs.
4200 Essen Ln, Baton Rouge, LA, 70809 EIN 72-1028323 Since 1946
Revenue (FY2023)
$369.0M
▲ 21.7% vs prior year
Health median: $840K
Expenses (FY2023)
$428.7M
Net assets
$402.4M
Employees
1,999
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
FProgram efficiency40% of the rating13% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Franciscan Missionaries of Our Lady Health System Inc: 13% to programs · $0 to raise $100 earns a F on this criterion. See the exact thresholds →
C+Financial health25% of the rating11 mo reserves · -16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Franciscan Missionaries of Our Lady Health System Inc: 11 mo reserves · -16% margin earns a C+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Franciscan Missionaries of Our Lady Health System Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Franciscan Missionaries of Our Lady Health System Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Manages an integrated health system to make a difference in our communities (see sch o)
What they do
Grants are made to charitable organization in order to support the charitable mission of franciscan missionaries of our lady health system, inc.
Contact & location
- Address
- 4200 Essen Ln, Baton Rouge, LA, 70809
- City
- Baton Rouge
- State
- Louisiana
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $106.2M (FY2013) to $369.0M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.7BNet assets $402.4M
Operating margin
-16.2%
Spent more than it raised in the latest fiscal year.
Total assets
$3.1B
Total liabilities
$2.7B
Net assets
$402.4M
Salaries & benefits
$199.5M
47% of expenses
Board members
13
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $368,981,146▲21.7% | $428,731,737▲12.5% | $402,401,879▼8.3% | $3,061,919,171▲24.8% | 990 |
| 2022 | $303,164,692▲4.2% | $380,953,550▲11.6% | $438,616,849▼6.8% | $2,452,695,794▲0.6% | 990 |
| 2021 | $290,871,746▼4.3% | $341,374,671▲4.6% | $470,496,161▼3.1% | $2,437,460,575▼16.0% | 990 |
| 2020 | $303,834,510▲35.6% | $326,262,859▲12.2% | $485,585,093▲293% | $2,901,002,958▲128% | 990 |
| 2018 | $224,068,859▲1.5% | $290,721,979▲15.2% | $123,464,777▼13.7% | $1,272,880,220▲9.8% | 990 |
| 2017 | $220,699,376▲29.7% | $252,313,316▲28.8% | $143,131,491▲0.7% | $1,159,635,312▲352% | 990 |
| 2016 | $170,118,728 | $195,849,969▼2.2% | $142,124,486▲53.4% | $256,318,146▲69.5% | 990 |
| 2015 | $170,168,970▲38.8% | $200,345,380▲27.2% | $92,665,520▲106% | $151,253,693▲57.5% | 990 |
| 2014 | $122,619,512▲15.5% | $157,458,555▲25.6% | $44,879,342▼3.2% | $96,019,649▲12.4% | 990 |
| 2013 | $106,186,364 | $125,376,057▲13.7% | $46,368,229▲18.9% | $85,402,581▼1.3% | 990 |
| 2012 | — | $110,247,415▼6.8% | $39,010,065▲97.4% | $86,556,648▲19.6% | 990 |
| 2011 | — | $118,231,143▲40.9% | $19,758,547▼18.7% | $72,379,045▲22.3% | 990 |
| 2010 | — | $83,937,839▼1.9% | $24,315,425▲57.2% | $59,169,404▲0.3% | 990 |
| 2009 | — | $85,561,246 | $15,471,644 | $58,991,340 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Richard R Vath Md — $2,873,773 (0.67% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Richard R Vath Md | Ceo & President Thru June 2024 | 50 | $2,873,773 |
| Jolee Bollinger | Former Evp, General Counsel | 0 | $2,064,997 |
| Dr James Craven | Evp Chief Physician Officer | 40 | $1,169,154 |
| Steven Gremillion | Evp Chief Medical Officer | 40 | $1,158,377 |
| Charles L Spicer Jr | President, Lake & Baton Rouge Market | 40 | $926,102 |
| Hunter Richardson | Evp Chief Administrative Officer | 40 | $914,553 |
| Craig Vitrano | Svp Physician Executive | 50 | $801,994 |
| Michael Gleason | Evp Chief Financial Officer | 40 | $796,618 |
| Stephanie Manson | President, Lourdes & Acadiana Market | 40.5 | $758,593 |
| Kristin Wolkart | Former Sfmc Pres/fmolhs Coo | 0 | $740,802 |
| Tara Haney | Evp Chief Strategy Officer | 40 | $711,162 |
| Kenneth Scott Wester | Former President, Lake & Baton Rouge Market | 0 | $703,310 |
| Jennifer Clowers | Svp Reg Chief Financial Officer | 40 | $632,613 |
| Jennifer Decuir | Evp, General Counsel | 40 | $621,169 |
| Thomas Gullatt | President, St Francis & North Market | 40 | $613,673 |
| Kevin Cook | Former Evp, Chief Operating Officer | 0 | $571,554 |
| Kathleen Healy-collier | Former President, Lourdes & Acadiana Market | 0 | $444,995 |
| Robert Ramsey | Former Interim Cfo/board Member | 1 | $331,658 |
| Scott Kashman | President St. Dominic and Jackson Market (end 7/7/ | 40 | $295,199 |
| Ej Kuiper | Ceo & President From May 2024 | 50 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Epic Systems Corporation | Software Services | $25,524,119 |
| Aon Risk Services South Inc | Consulting Services | $16,834,678 |
| Healthrise Solutions LLC | Consulting Services | $11,869,276 |
| Microsoft Corporation | Software Services | $9,284,609 |
| Nordic Consulting Services | Consulting Services | $7,306,096 |
Grants received · $47K total
3 grants to Franciscan Missionaries of Our Lady Health System Inc totaling $47K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| Our Lady of the Lake Hospital Inc | Individual disaster assistance | 2019 | $12,000 |
| Mhm Support Services | Support mission | 2016 | $25,000 |
Grants made · $10K in FY2023
1 grant totaling $10K in FY2023. All grants made by Franciscan Missionaries of Our Lady Health System Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Louisiana Resource and Development Council Inc | General support | $10,000 |
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Frequently asked questions
- Is Franciscan Missionaries of Our Lady Health System Inc a legitimate nonprofit?
- Yes. Franciscan Missionaries of Our Lady Health System Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-1028323, based in Baton Rouge, Louisiana. Donations are tax-deductible.
- What is Franciscan Missionaries of Our Lady Health System Inc's EIN?
- Franciscan Missionaries of Our Lady Health System Inc's Employer Identification Number (EIN) is 72-1028323.
- How much revenue does Franciscan Missionaries of Our Lady Health System Inc report?
- Franciscan Missionaries of Our Lady Health System Inc reported $368,981,146 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Franciscan Missionaries of Our Lady Health System Inc's spending goes to programs?
- Franciscan Missionaries of Our Lady Health System Inc spends about 13% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Franciscan Missionaries of Our Lady Health System Inc have?
- CharityIndex grades Franciscan Missionaries of Our Lady Health System Inc C, based on program efficiency and fundraising cost.
- How much does Franciscan Missionaries of Our Lady Health System Inc's highest-paid employee make?
- The highest reported compensation on Franciscan Missionaries of Our Lady Health System Inc's latest Form 990 is $2,873,773, paid to Richard R Vath Md (Ceo & President Thru June 2024).
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Data for Franciscan Missionaries of Our Lady Health System Inc (EIN 72-1028323) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.