Overview
What is Franklin General Hospital Foundation?
Franklin General Hospital Foundation, established in 1992, is a dedicated nonprofit organization based in Hampton, Iowa. Its primary mission is to collect and manage contributions and gifts, aiming to enhance the overall wellbeing of Franklin General Hospital. Over the years, the foundation has successfully raised over $4.2 million for various hospital projects. In the recent fiscal year, they provided employee advancement grants and acquired essential equipment for the radiology department, respiratory therapy, and resident entertainment items for the nursing facility. This nonprofit continues to promote and advance programs designed to improve the health of the local community served by Franklin General Hospital.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
The Franklin General Hospital Foundation has achieved a strong score of 80% from Charity Navigator, highlighting its good performance in accountability and finance. This rating is a reflection of the charity's overall commitment to transparency and effective financial management. The foundation has a fully independent board, which demonstrates a commitment to governance and ethical practices.
The organization has excelled in several key areas, scoring full marks for its majority independent board members and its independent board size. Additionally, it maintains a solid liabilities to assets ratio of 0.46%, which indicates a healthy financial position. The foundation also has no material diversion of assets, indicating good stewardship of resources.
However, while the program expense ratio is commendable at 69.83%, there may still be room for improvement in maximizing programmatic spending relative to overall expenses. Overall, the Franklin General Hospital Foundation demonstrates a reliable financial footing and governance structure, making it a trustworthy organization in its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin General Hospital Foundation legitimate?
Franklin General Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin General Hospital Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $34,947
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Franklin General Hospital Foundation?
The Franklin General Hospital Foundation's mission involves soliciting and managing contributions and gifts to enhance the overall well-being of Franklin General Hospital. The primary objective of the foundation is to promote and advance health-related programs aimed at improving the health of the community served by the hospital. Since its establishment in 1992, the foundation has successfully raised over $4.2 million for various hospital projects. Recently, the foundation provided employee advancement grants and procured essential equipment for the radiology department, respiratory therapy, and numerous quality-of-life items for the nursing facility.
Who is the CEO of Franklin General Hospital Foundation?
Kim Price is the President of Franklin General Hospital Foundation. The CEO's salary of Franklin General Hospital Foundation is $0 and their total compensation is $0.
What is the revenue of Franklin General Hospital Foundation?
Franklin General Hospital Foundation's revenue in 2022 was $176,090.
Who are the executives of Franklin General Hospital Foundation and what are their salaries?
There 72 volunteers at Franklin General Hospital Foundation.
Here are 11 key members and their salaries (Franklin General Hospital Foundation's CEO's salary is $0 and their total compensation is $0):
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- Related: $84,212
- Other: $0
Where can I find the form 990 for Franklin General Hospital Foundation?
Franklin General Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Franklin General Hospital Foundation
The Franklin General Hospital Foundation, established in 1992, is primarily dedicated to soliciting and administering contributions and gifts for the betterment of Franklin General Hospital. The organization's mission is more expansive, however, as it also aims to promote and advance programs designed to enhance the health of the communities served by the hospital. Through its initiatives, the Franklin General Hospital Foundation has raised over $4.2 million for various projects within the hospital, including employee advancement grants, necessary equipment for departments such as radiology and respiratory therapy, and quality of life items for the nursing facility. In essence, the Franklin General Hospital Foundation's mission is to support and strengthen Franklin General Hospital, ultimately improving the health and well-being of the community it serves.
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Impact
October, 2024
Franklin General Hospital Foundation has made a significant impact on the community by raising over $4.2 million since its inception in 1992 to support various projects at Franklin General Hospital. This funding has enabled the provision of essential resources and enhancements within the hospital, including equipment purchases for critical departments such as Radiology and Respiratory Therapy.
In the past fiscal year alone, the Foundation awarded two Employee Advancement Grants to promote professional growth among staff members, illustrating its commitment to workforce development. Additionally, the Foundation has invested in the well-being of residents by acquiring entertainment and quality of life items for the nursing facility.
The Foundation’s efforts are focused not only on enhancing hospital services but also on advancing programs that aim to improve the overall health of the communities surrounding Franklin General Hospital, emphasizing a holistic approach to healthcare and community wellness.
This information is meant to be a general summary of Franklin General Hospital Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $16,948
- Gross Receipts: $176,090
Assets and Liabilities:
- Total Assets: $1,434,168
- Total Liabilities: $7,565
- Net Assets: $1,426,603
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Organization Details
Founding Year
1992
Phone
(641) 456-5013Principal Officer
Kim Price
Main Address
1720 CENTRAL AVENUE EAST, HAMPTON, IA, 504411859
NTEE Category
Code: E22I - Health
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