Bhc Foundation EIN 43-1296542 Form 990 (PDF) Claim this org

Bhc Foundation FY2021 filing

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Improves St. Louis healthcare quality and affordability through policy analysis and public education. For fiscal year 2021 it reported $1.9M in revenue, $1.6M in expenses, and $1.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Saint Louis, MO
Website
www.stlbhc.org
Filings
5 on file (2020–2021)
Revenue
$1.9MFY2021
Expenses
$1.6M
Net assets
$1.1M
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  43-1296542 Public charity (501(c)(3)) Saint Louis, MO
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Improves St. Louis healthcare quality and affordability through policy analysis and public education.
Leadership
Louise Probst · Executive Director · $223K
Money in and out
$1.9M revenue, $1.6M expenses
Bottom line
88% program efficiency
Where the money goes · FY2021
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $307K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs
Operating runway
8.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.9M
FY2021▼ -0.8%
Expenses
$1.6M
FY2021▼ -3%
Total assets
$1.1M
FY2021▲ +38%
Total liabilities
$0
FY2021
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$307K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBhc Foundation
EINHdr · item D43-1296542
Principal addressHdr · item CSaint Louis, MO
WebsiteHdr · item Jwww.stlbhc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFAug 1983

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$223,000Pt VII · Sec A
Senior Director Legal & Policy Services
$121,422Pt VII · Sec A
Senior Director Member Engagement & Communications
$106,935Pt VII · Sec A
Product Manager
$103,850Pt VII · Sec A
$0Pt VII · Sec A
Member-At-Large
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Louise Probst$162,231$223,000$223,000$223,000$219,400
Louise Probst$223,000
Laurel Pickering$148,252
Lauren Remspecher$128,577$111,754$106,935$104,286
Michael Hely$121,422$103,192
Kelci Hannan$106,215
Karen Roth$104,824
David Heaton$90,754$103,850

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $1.4M of program spending, described in the organization's own filed words · FY2020.
01

Promoting Well-Being

The BHC foundation provides services aimed at supporting the general public in adopting healthy lifestyles and informed health care decision making. (50%)

$721Kprogram expense
02

Advancing Shared Knowledge

The BHC foundation's primary exempt purpose is to collect, aggregate, analyze and publish information on the region's health care industry with a goal of expanding knowledge of key trends and spurring stronger individual and collective action toward improvements in the safety, quality, equity and affordability of health care.

$577Kprogram expense
03

Representing Purchasers and the Public

The organization brings the purchaser perspective to conversations locally and nationally, such as in local forums, the national quality forum, national alliance, network for regional healthcare improvement, and other health related non-profits. (10%)

$144Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$978K · 50%
Contributions & grants$802K · 41%
Other revenue$161K · 8%
Program service revenue50%$978K
Contributions & grants41%$802K
Other revenue8%$161K
Investment income$1K
Total revenueLn 12$1.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$1.4M
Management & general12%$194K
Total functional expensesLn 25$1.6M

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$1.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.1M
Months of cash on handcomputed8.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $1.6M
8.2 months
Where the money goes
Program services
Program services $1.4M · Total expenses $1.6M
88%
Management & General
Management & general $194K · Total expenses $1.6M
12%
Fundraising
Fundraising $0 · Total expenses $1.6M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $801K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $802K · Total revenue $1.9M
41%
Government reliance
Government grants — · Total revenue $1.9M
Earned-income share
Program service revenue $978K · Total revenue $1.9M
50%
Investment reliance
Investment income $1K · Total revenue $1.9M
+0.05%
Program self-sufficiency
Program service revenue $978K · Total expenses $1.6M
60%
Growth & trend
Revenue growth (YoY)
This year $1.9M · Prior year $2.0M
-0.8%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.9M · Expenses $1.6M
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $1.1M · Total assets $1.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Louise Probst · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $223K · Total expenses $1.6M
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.2M · Total expenses $1.6M
72%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth -0.8%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$20K
Grants paid · 3 grants · $700K · 2019–2021
Midwest Health InitiativeMO · FY2021$250,000
Midwest Health InitiativeMO · FY2020$200,000
Midwest Health InitiativeMO · FY2019$250,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$830K revenue · ⤓ 990 PDF
FY2023$1.8M revenue · ⤓ 990 PDF
FY2022$1.8M revenue · ⤓ 990 PDF
FY2021$1.9M revenue · viewing · ⤓ 990 PDF
FY2020$2.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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