ST FRANCIS MEDICAL CENTER FOUNDATION INC

EIN: 454595226 501(c)(3)

BATON ROUGE, LA

Total Revenue
$484,950
Total Expenses
$178,510
Total Assets
$1,632,589
Net Assets
$1,444,078
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
LA
Principal Officer
JEREMY ROGERS
Phone
2259232701
Tax Period
2022-07-01 to 2023-06-30

ST FRANCIS MEDICAL CENTER FOUNDATION INC, founded in 2012, is a small nonprofit that reported $485K in total revenue in fiscal year 2022. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $306K, a strong 63% operating margin.

Mission

THE FOUNDATION SUPPORTS THE RELIGIOUS, HEALTH, AND CHARITABLE ACTIVITIES OF ST. FRANCIS MEDICAL CENTER. THE FOUNDATION IS A SUPPORTING ORGANIZATION OF SFMC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $342,837
Program Service Revenue $0
Investment Income $0
Other Revenue $142,113
TOTAL REVENUE $484,950

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $0
Fundraising Expenses $13,983
Program Expenses $1,000
Other Expenses $177,510
TOTAL EXPENSES $178,510

Year-over-Year Comparison

2022 2021 Change
Revenue $484,950 $739,497 -0.3%
Expenses $178,510 $330,052 -0.5%
Net Income $306,440 $409,445 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
25
Independent Members
21
Employees
N/A
Volunteers
27

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$3,029,424
Total Directors
27
$2,753,007
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTIAN CREED BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN DAVIS MD BOARD MEMBER 1.00
Director
$0 $0 $0
TORI FISHER BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS GULLATT MD SFMC CEO/PRESIDENT 1.00
Officer Director
$0 $47,183 $585,863
TERRI HICKS SFMC VP FINANCE (UNTIL 9/22) 1.00
Officer Director
$0 $19,725 $202,153
EVELYN JOHNSON BOARD CHAIR 1.00
Officer Director
$0 $0 $0
ASHANTI JONES BOARD MEMBER 1.00
Director
$0 $0 $0
AIMEE KANE SFMC FDN PRESIDENT 1.00
Director
$0 $29,465 $238,924
STUART W KEYES BOARD MEMBER 1.00
Director
$0 $0 $0
DEBBIE LUFFEY BOARD MEMBER 1.00
Director
$0 $0 $0
DAMON MARSALA BOARD MEMBER 1.00
Director
$0 $0 $0
ROLF MORSTEAD MD BOARD MEMBER/PHYSICIAN 1.00
Director
$0 $31,801 $619,713
JESSICA NUGENT BOARD MEMBER 1.00
Director
$0 $0 $0
ALISE OLIVER BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN PERRY BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY ROGERS TREASURER / VP, COO SFMC 1.00
Officer Director
$0 $40,156 $414,930
SR MARY ANN SEPULVADO OSF BOARD MEMBER 1.00
Director
$0 $0 $0
AMBER SHEMWELL BOARD MEMBER 1.00
Director
$0 $0 $0
HILLARY SIRMON BOARD MEMBER 1.00
Director
$0 $0 $0
REV CLARENCE SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM SPARKS BOARD MEMBER 1.00
Director
$0 $0 $0
MARK SUTTON BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE TAYLOR SECRETARY 1.00
Officer Director
$0 $0 $0
COLBY WEAVER WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
ASHLEY WEST BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTIN WOLKART CEO/ PRESIDENT SFMC (UNTIL 7/22) 1.00
Officer Director
$0 $115,578 $691,424
CYNTHIA WOODARD BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL GLEASON CFO FMOLHS (FROM 4/23) 1.00
Officer
$0 $0 $0
JEFF LIMBOCKER FMOLHS EVP, CFO (UNTIL 9/22) 1.00
Officer
$0 $20,489 $875,663
ROBERT RAMSEY FMOLHS INTERIM CFO (9/22 - 5/23) 1.00
Officer
$0 $755 $259,391
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $484,950 $178,510 $1,632,589 $306,440
2022 $739,497 $330,052 $1,182,853 $409,445
2021 $583,648 $996,974 $1,205,655 $-413,326
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