Overview
What is Friends Of Fmc Foundation Inc?
Friends of Fmc Foundation Inc is a nonprofit organization, situated in Baker, Montana (specifically at PO Box 820), dedicated to supporting Fallon Medical Complex (FMC), a not-for-profit healthcare corporation. The foundation aims to enhance the medical services in the local community by raising funds via contributions, donations, gifts, or bequests. These funds are primarily used for medical education, equipment upgrades and purchases, facility improvements, personnel programs, and promotional efforts. The foundation's mission, "Friends Helping Friends," reflects its commitment to improving the quality of healthcare services in FMC's service area. In summary, Friends of Fmc Foundation Inc serves as a crucial partner for Fallon Medical Complex by providing financial assistance and coordinating fundraising programs to ensure the continuation of top-notch healthcare services in their community.
Official website here: www.fallonmedical.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (57%)
Friends Of Fmc Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its overall financial health and accountability. While the organization boasts strong governance features, including a fully independent board and well-defined policies for conflicts of interest, whistleblower protections, and document retention, these strengths are overshadowed by a low program expense ratio and a concerning liabilities to assets ratio.
The accountability and finance score of 57 reflects the organization's challenges in effectively allocating funds towards its programs. Specifically, a program expense ratio of 47.81% suggests that less than half of its expenditures are directed towards its mission-related activities, which may raise questions about its operational efficiency and impact on the community it serves. Furthermore, the liabilities to assets ratio of 0.00% indicates a lack of financial leverage but may also point to a need for more strategic financial planning.
Overall, while Friends Of Fmc Foundation Inc demonstrates a commitment to good governance practices, potential donors and stakeholders should critically assess its financial performance and program effectiveness based on the rating provided.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friends Of Fmc Foundation Inc?
Close to home, friendly staff who try to keep us all healthy or fix us when we're sick. Here is a summary of their reviews:
While the foundation currently has only a couple of reviews, the sentiments expressed are positive. Users appreciate the approachable and supportive nature of the staff, highlighting the organization’s commitment to community health and well-being. The friendly atmosphere appears to make a difference in patient experiences.
Overall, there's an encouraging vibe surrounding the organization, suggesting that it effectively meets the health needs of its local community. Those involved seem to feel valued and cared for, fostering a strong sense of connection to their services.
This AI summary has been generated from reviews found on Facebook.
Is Friends Of Fmc Foundation Inc legitimate?
Friends Of Fmc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Fmc Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fallonmedical.org
What is the mission statement of Friends Of Fmc Foundation Inc?
The mission of Friends Of Fmc Foundation Inc is centered around supporting the quality of local healthcare services. This non-profit organization, often referred to as "Friends Helping Friends," primarily focuses on raising funds to assist Fallon Medical Complex, a not-for-profit healthcare corporation, in various aspects. This includes medical education, upgrading and purchasing equipment, improving facilities, supporting personnel programs, and promoting healthcare services within its service area. The foundation achieves this by obtaining and managing contributions, donations, and gifts for the development of endowment funds.
Official website here: www.fallonmedical.org
Who is the CEO of Friends Of Fmc Foundation Inc?
Rosanne Varner is the Secretary/Treasurer of Friends Of Fmc Foundation Inc.
Official website here: www.fallonmedical.org
What is the revenue of Friends Of Fmc Foundation Inc?
Friends Of Fmc Foundation Inc's revenue in 2022 was $55,884.
Official website here: www.fallonmedical.org
Who are the executives of Friends Of Fmc Foundation Inc and what are their salaries?
There 28 volunteers at Friends Of Fmc Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $43,354
- Other: $3,434
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $48,430
- Other: $22,304
Official website here: www.fallonmedical.org
Where can I find the form 990 for Friends Of Fmc Foundation Inc?
Friends Of Fmc Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fallonmedical.org
Learn more at the official website: www.fallonmedical.org
Mission Statement of Friends Of Fmc Foundation Inc
Friends of FMC Foundation Inc is dedicated to supporting Fallon Medical Complex, a not-for-profit healthcare corporation, in its mission to provide high-quality healthcare services to their community. The foundation, with its motto "Friends Helping Friends," aims to achieve this by raising funds and obtaining donations for various purposes. These funds are primarily utilized to establish endowment funds, which in turn support medical education, equipment upgrades and purchases, facility improvements, personnel programs, and marketing initiatives aimed at enhancing healthcare delivery services within FMC's service area. In essence, the Friends of FMC Foundation Inc serves as a vital partner to Fallon Medical Complex, contributing to its mission of ensuring that local communities have access to top-notch healthcare services.
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Impact
August, 2024
Friends Of Fmc Foundation Inc's impact is significant in helping to ensure the continuing quality of local healthcare services for the community. By coordinating fundraising programs for Fallon Medical Complex, the foundation plays a crucial role in supporting FMC's mission of providing healthcare services. Through its activities, the foundation raises funds for medical education, equipment upgrades, physical plant improvements, personnel programs, and various other needs of FMC. This direct support enables FMC to deliver essential health services to the community, thereby enhancing the overall well-being of the residents in the area. "Friends Helping Friends" indeed encapsulates the spirit of philanthropy and community support that drives the foundation's impactful work.
This information is meant to be a general summary of Friends Of Fmc Foundation Inc. 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: $33,585
- Gross Receipts: $58,212
Assets and Liabilities:
- Total Assets: $1,527,456
- Total Liabilities: $0
- Net Assets: $1,527,456
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Organization Details
Founding Year
2002
Phone
(406) 778-3331Principal Officer
Rosanne Varner
Main Address
PO Box 820, Baker, MT, 59313
Website
www.fallonmedical.orgNTEE Category
Code: T20 - Philanthropy
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