SACRED HEART FOUNDATION INC

EIN: 592436597 501(c)(3) Health Care

ST LOUIS, MO

Total Revenue
$6,204,526
Total Expenses
$10,673,462
Total Assets
$26,819,187
Net Assets
$26,351,083
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Organization Details

Formation Year
1984
Legal Domicile
FL
Phone
3147338000
Tax Period
2024-07-01 to 2025-06-30

SACRED HEART FOUNDATION INC, founded in 1984, is a community nonprofit in the Health Care sector that reported $6.2M in total revenue in fiscal year 2024. Expenses of $10.7M exceeded revenue, resulting in a 72% operating deficit.

Mission

ROOTED IN THE LOVING MINISTRY OF JESUS AS HEALER, WE COMMIT OURSELVES TO SERVING ALL PERSONS WITH SPECIAL ATTENTION TO THOSE WHO ARE POOR AND VULNERABLE. OUR CATHOLIC HEALTH MINISTRY IS DEDICATED TO SPIRITUALLY-CENTER, HOLISTIC CARE WHICH SUSTAINS THE IMPROVES THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE ARE ADVOCATES FOR A COMPASSIONATE AND JUST SOCIETY THROUGH OUR ACTIONS AND OUR WORDS.

Program Service Accomplishments

Program 1
Expenses: $9,435,281 Revenue: $0

THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO...

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THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO THOSE WHO NEED IT THE MOST. PHILANTHROPY IS AT THE HEART OF ASCENSION SACRED HEART. FOR MORE THAN 100 YEARS, WE HAVE ANSWERED GOD'S CALL TO BRING HEALTH, HEALING, AND HOPE TO ALL-SERVING PATIENTS AND FAMILIES WITH COMPASSION, CLINICAL EXCELLENCE, AND AN UNWAVERING COMMITMENT TO THOSE MOST IN NEED. FOUNDED THROUGH THE GENEROSITY OF OUR COMMUNITY, PHILANTHROPY CONTINUES TO BE THE DRIVING FORCE BEHIND OUR MISSION-ADVANCING LIFESAVING PROGRAMS, EXPANDING ACCESS TO CARE, AND INVESTING IN TECHNOLOGIES THAT CHANGE LIVES. WHEN YOU GIVE TO THE ASCENSION SACRED HEART FOUNDATION, 100% OF YOUR GIFT GOES DIRECTLY TO THE PROGRAMS AND SERVICES YOU CHOOSE-IMPACTING PATIENTS AND FAMILIES AT EVERY STAGE OF LIFE. FROM THE SMALLEST NEWBORN TO THE MOST COMPLEX SURGICAL CASE, YOUR GENEROSITY ENSURES THAT HIGH-QUALITY, FAITH-BASED CARE REMAINS CLOSE TO HOME, FOR ALL WHO NEED IT. KEEPING CARE CLOSE TO HOME IN PENSACOLA THANKS TO DONOR SUPPORT, ASCENSION SACRED HEART PENSACOLA IS A LEADER IN HIGHLY SPECIALIZED CARE, DELIVERING HEALING CLOSE TO HOME WHEN PATIENTS AND THEIR FAMILIES NEED IT MOST. YOUR GIFTS HELP SUSTAIN THE REGION'S ONLY PERINATAL SPECIALTY UNIT FOR HIGH-RISK PREGNANCIES, THE SACRED HEART CANCER CENTER, AND OUR RENOWNED NEUROSURGERY PROGRAM-ALL ESSENTIAL RESOURCES FOR PATIENTS FACING SOME OF LIFE'S MOST SERIOUS HEALTH CHALLENGES. DONOR CONTRIBUTIONS ALSO NURTURE OUR MATERNAL HEALTH PROGRAM, SUPPORTING MOMS TODAY AND GIVING THEIR CHILDREN THE HEALTHIEST START TO TOMORROW. THROUGH OUR BELOVED FACILITY DOG PROGRAM, PHILANTHROPY BRINGS EMOTIONAL HEALING TOO-WHERE SPECIALLY TRAINED DOGS PROVIDE COMFORT AND ENCOURAGEMENT TO PATIENTS OF ALL AGES IN THEIR MOST VULNERABLE MOMENTS. INVESTING IN EVERY CHILD, EVERY FUTURE AT THE HEART OF OUR MISSION IS THE STUDER FAMILY CHILDREN'S HOSPITAL, THE REGION'S ONLY PEDIATRIC HOSPITAL AND A CRITICAL LIFELINE FOR FAMILIES ACROSS THE GULF COAST. SINCE OPENING IN 2019, THIS 155-BED HOSPITAL AND ITS TEAM OF MORE THAN 120 PEDIATRIC SPECIALISTS PROVIDE CARE ACROSS 30+ SPECIALTIES-INCLUDING NICU, PICU, PEDIATRIC CANCER, SURGERY, AND REHABILITATION. PHILANTHROPY HAS POWERED SIGNATURE ADDITIONS LIKE THE BEAR FAMILY FOUNDATION PEDIATRIC ONCOLOGY CENTER FOR HOPE AND A DEDICATED PEDIATRIC OPERATING SUITE. EVERY DAY, MORE THAN 150 CHILDREN RECEIVE CARE-WITH OVER HALF OF THEM BEING UNINSURED OR UNDERINSURED. BECAUSE OF YOU, NO CHILD IS TURNED AWAY, AND EVERY CHILD RECEIVES THE BEST POSSIBLE CARE. SERVING THE EMERALD COAST THROUGH EVERY JOURNEY AT SACRED HEART EMERALD COAST IN MIRAMAR BEACH, PHILANTHROPY SUPPORTS PATIENTS THROUGH EVERY HEALTH JOURNEY-FROM CHILDBIRTH AND NICU STAYS TO HEART DISEASE, CANCER, AND URGENT EMERGENCIES. DONOR GENEROSITY PROVIDES ACCESS TO THE LATEST DIAGNOSTIC IMAGING, LIFE-SAVING TREATMENT OPTIONS, AND COMPASSIONATE CARE THAT HELPS FAMILIES NAVIGATE EVEN THEIR HARDEST DAYS. YOUR SUPPORT ENSURES THAT PATIENTS IN OKALOOSA AND WALTON COUNTIES RECEIVE THE SAME LEVEL OF ADVANCED CARE FOUND IN LARGER CITIES-WITHOUT EVER LEAVING HOME. BUILDING ON 75 YEARS OF FAITHFUL CARE IN BAY COUNTY FOR 75 YEARS, ASCENSION SACRED HEART BAY IN PANAMA CITY HAS REMAINED STEADFAST IN ITS MISSION-SERVING ALL PERSONS WITH SPECIAL ATTENTION TO THOSE WHO ARE POOR AND VULNERABLE. ACROSS FIVE NAMES AND COUNTLESS CHANGES, ONE TRUTH HAS NEVER WAVERED: OUR CARE COMES FROM THE HEART. TODAY, DONOR SUPPORT BRINGS THE LATEST CARDIOVASCULAR TREATMENTS FOR AFIB, INCLUDING PULSE-FIELD ABLATION AND THE WATCHMAN DEVICE, A PRIMARY STROKE CENTER WITH NEUROTHROMBECTOMY CAPABILITIES, AND ROBOTIC SURGICAL OPTIONS FOR MINIMALLY INVASIVE CANCER TREATMENT. A DEDICATED WOMEN'S DIAGNOSTIC CENTER AND ONGOING ONCOLOGY EXPANSIONS ENSURE COMPREHENSIVE CARE IS AVAILABLE ON ONE CAMPUS, FOR EVERY PATIENT AND EVERY NEED. EXPANDING LIFE-SAVING ACCESS IN GULF COUNTY IN PORT ST. JOE, DONOR GENEROSITY IS MAKING A LIFE-SAVING DIFFERENCE THROUGH THE CREATION OF A NEW WOMEN'S DIAGNOSTIC CENTER AT SACRED HEART GULF. WITH THE LATEST 3D MAMMOGRAPHY TECHNOLOGY, PATIENTS HAVE ACCESS TO THE BEST TOOLS FOR EARLY BREAST CANCER DETECTION-RIGHT IN THEIR OWN COMMUNITY. AND WITH 1 IN 8 WOMEN FACING A BREAST CANCER DIAGNOSIS IN THEIR LIFETIME, ACCESS TO TIMELY SCREENING AND CARE SAVES LIVES. DONORS ARE HELPING ENSURE NO WOMAN IS LEFT BEHIND. YOU ARE THE HEART OF SACRED HEART YOU ARE NOT JUST SUPPORTING A CAUSE-YOU ARE TRANSFORMING LIVES. YOUR GENEROSITY FUELS THE VERY HEART OF OUR MISSION: TO BRING HEALTH, HEALING, AND HOPE TO EVERY PERSON WHO WALKS THROUGH OUR DOORS. ROOTED IN FAITH, COMPASSION, AND COMMUNITY, YOUR SUPPORT ENSURES THAT THE HIGHEST QUALITY CARE REMAINS NOT ONLY POSSIBLE-BUT ACCESSIBLE TO ALL, ESPECIALLY THE MOST VULNERABLE. WHEN YOU GIVE TO ASCENSION SACRED HEART FOUNDATION, YOU JOIN SOMETHING GREATER THAN A HEALTHCARE SYSTEM. YOU BECOME PART OF A SACRED LEGACY OF HEALING-A LEGACY BUILT OVER MORE THAN A CENTURY AND NOW CARRIED FORWARD THROUGH YOU. TOGETHER, WE ARE ANSWERING GOD'S CALL TO CARE FOR EVERY PATIENT, EVERY FAMILY, EVERY DAY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,763,370
Program Service Revenue $0
Investment Income $1,876,401
Other Revenue $-435,245
TOTAL REVENUE $6,204,526

Expense Breakdown

Grants Paid $9,349,632
Salaries & Benefits $819,933
Fundraising Expenses $1,062,794
Program Expenses $9,435,281
Other Expenses $503,897
TOTAL EXPENSES $10,673,462

Year-over-Year Comparison

2024 2023 Change
Revenue $6,204,526 $6,003,014 +0.0%
Expenses $10,673,462 $1,497,122 +6.1%
Net Income $-4,468,936 $4,505,892 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
16
Employees
7
Volunteers
108

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
6
$1,297,187
Total Directors
17
$293,457
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADRIENNE MAYGARDEN PRESIDENT, FOUNDATION 50.0
Officer Director
$253,128 $40,329 $293,457
AUTUMN BLACKLEDGE CHAIR 1.0
Officer Director
$0 $0 $0
CYNDI WARREN VICE CHAIR 1.0
Officer Director
$0 $0 $0
JUSTIN T HOLMAN SECRETARY 1.0
Officer Director
$0 $0 $0
RIC NICKELSEN TREASURER 1.0
Officer Director
$0 $0 $0
AARON BALL DIRECTOR 1.0
Director
$0 $0 $0
BELLE Y BEAR DIRECTOR 1.0
Director
$0 $0 $0
DAVID K MAGEE DIRECTOR 1.0
Director
$0 $0 $0
DAVID W PEADEN II DIRECTOR 1.0
Director
$0 $0 $0
DEBBIE RITCHIE DIRECTOR 1.0
Director
$0 $0 $0
JAMES HOSMAN DIRECTOR 1.0
Director
$0 $0 $0
JUSTIN A BECK DIRECTOR 1.0
Director
$0 $0 $0
KERRY ANNE SCHULTZ ESQ DIRECTOR 1.0
Director
$0 $0 $0
MALLORY STUDER DIRECTOR 1.0
Director
$0 $0 $0
PAMELA S HEINOLD DIRECTOR 1.0
Director
$0 $0 $0
RICHARD N SHERRILL DIRECTOR 1.0
Director
$0 $0 $0
THOMAS ROCHE DIRECTOR 1.0
Director
$0 $0 $0
JALIMA TRANK CFO, MINISTRY MARKET 0.0
Officer
$0 $28,859 $1,003,730
JANET PIEPUL DIRECTOR, FOUNDATION DEVELOPMENT 50.0
Highest
$116,971 $17,697 $134,668
COBA SUSAN CORNEJO FORMER OFFICER (END 6/2020) 0.0
$0 $63,669 $1,433,557
STEPHAN F QUIRICONI FORMER OFFICER (END 11/2022) 0.0
$0 $0 $215,092
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 $6,204,526 $10,673,462 $26,819,187 $-4,468,936
2024 $6,003,014 $1,497,122 $31,417,681 $4,505,892
2023 $5,546,984 $1,819,405 $23,437,303 $3,727,579
2022 $6,154,038 $5,639,910 $20,160,877 $514,128
2021 $4,655,246 $5,873,006 $25,464,922 $-1,217,760
2020 $4,999,563 $6,841,996 $26,585,922 $-1,842,433
2019 $10,354,173 $25,986,713 $27,176,643 $-15,632,540
2018 $10,080,926 $3,126,605 $42,030,730 $6,954,321
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