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Foundation Health Services Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581745788 ✦ Baton rouge, LA ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Health Services Inc?

Foundation Health Services Inc, based in Baton Rouge, Louisiana, is a nonprofit organization dedicated to assisting entities that manage skilled nursing facilities. They offer financial and administrative support to these entities. Moreover, Foundation Health Services plays a significant role in the United States Department of Agriculture's (USDA) Child and Adult Care Food Program (CACFP), acting as a pass-through for the Louisiana Department of Education's Family Daycare Home Program. Through this program, they supervise providers of nutritionally sound meals and snacks for approximately 500 children in around 110 homes, ensuring adherence to both USDA and Louisiana guidelines. The organization's mission is to deliver innovative solutions to the programs they support and the professionals they represent.


Official website here: www.fhsinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Stars

Foundation Health Services Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting high standards in accountability and finance. This strong score is indicative of the organization's commitment to maintaining transparency and responsible management of its resources. The evaluation is based entirely on a single beacon score, underscoring its emphasis on fiscal integrity.

The nonprofit demonstrates robust governance practices, with 83% of its board members being independent. This independence plays a crucial role in ensuring that decisions are made in the best interest of the organization and its beneficiaries. Additionally, the organization has put in place comprehensive financial oversight mechanisms, including an audit committee and clearly defined policies to address conflicts of interest and whistleblower protections.

Despite its strengths, the rating data does not provide insights into the organization's programmatic impact or community engagement efforts. While the financial aspects are well managed, the overall effectiveness in achieving its mission and the outcomes of its programs remain less visible in this summary.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation Health Services Inc legitimate?

Foundation Health Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Health Services 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $974,791

For more financial information, click here


Official website here: www.fhsinc.org

What is the mission statement of Foundation Health Services Inc?

Foundation Health Services Inc's mission is centered around providing innovative solutions. They achieve this by delivering services to the programs they support and the professionals they represent. One of their key activities involves supervising providers of nutritionally sound meals and snacks for approximately 500 children in around 110 homes, in collaboration with the USDA's Child and Adult Care Food Program (CACFP). The company adheres to both USDA and LDE program guidelines and regulations, by recruiting, training, and monitoring these providers effectively.


Official website here: www.fhsinc.org

Who is the CEO of Foundation Health Services Inc?

Richard T Daspit Sr is the President of Foundation Health Services Inc.


Official website here: www.fhsinc.org

What is the revenue of Foundation Health Services Inc?

Foundation Health Services Inc's revenue in 2022 was $3,340,365.


Official website here: www.fhsinc.org

Who are the executives of Foundation Health Services Inc and what are their salaries?

The average compensation at Foundation Health Services Inc during 2022 was $36,957. There are 28 employees at Foundation Health Services Inc.


Here are 11 key members and their salaries:


Richard T Daspit Sr (President)
  • Compensation: $222,870
  • Related: $0
  • Other: $5,835
Louis Herrero (Vice President)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
G Stuart Murphy Iii (Treasurer)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Dr Donnie Batie (Chief Medical Officer)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Daniel Hughes (Vice President)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Charlene Smith (Secretary)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Julius Jay Massey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie L Peeler (Chief Operation Officer)
  • Compensation: $190,310
  • Related: $0
  • Other: $5,878
Richard Daspit Jr (Chief Information Officer)
  • Compensation: $109,187
  • Related: $0
  • Other: $6,082
Kimberly L Joyce (Chief Financial Officer)
  • Compensation: $118,207
  • Related: $0
  • Other: $5,908
Rosemary Moran (Director Of Accounts Recei)
  • Compensation: $113,435
  • Related: $0
  • Other: $5,848


Official website here: www.fhsinc.org

Where can I find the form 990 for Foundation Health Services Inc?

Foundation Health Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fhsinc.org

Learn more at the official website: www.fhsinc.org

Mission Statement of Foundation Health Services Inc

Foundation Health Services Inc, committed to innovation, aims to deliver effective solutions through the provision of services to the programs it supports and the professionals it represents. At the heart of its operations, Foundation Health Services Inc oversees providers of nutritionally sound meals and snacks for approximately 500 children across approximately 110 homes. This is accomplished in collaboration with the United States Department of Agriculture's (USDA) Child and Adult Care Food Program (CACFP), which serves as a pass-through program for the LDE Family Daycare Home Program. The company plays a vital role in recruiting, training, and monitoring these providers, ensuring they adhere to both USDA and LDE program guidelines and regulations. This mission of Foundation Health Services Inc is instrumental in promoting the well-being of children by ensuring they receive balanced and nutritious meals, contributing to their overall growth and development.

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Impact




July, 2024

Foundation Health Services Inc's impact is significant in providing financial and management services to entities that own and operate skilled nursing facilities. Additionally, it plays a vital role in supervising providers of nutritionally sound meals and snacks to approximately 500 children in 110 homes through programs like the USDA Child and Adult Care Food Program. By recruiting, training, and monitoring these providers according to program guidelines, Foundation Health Services Inc actively contributes to the well-being of vulnerable populations and the professional representation of its programs.




This information is meant to be a general summary of Foundation Health Services 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.

Revenue
$3,340,365 (2022)
Expenses
$2,933,932 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,181
  • Program Service Revenue: $2,807,459
  • Gross Receipts: $3,340,365

Assets and Liabilities:

  • Total Assets: $5,429,180
  • Total Liabilities: $368,647
  • Net Assets: $5,060,533

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENU

Revenue

$1,526,778

FINANCIAL & MANAGEMENT

Revenue

$1,280,681

Organization Details

Founding Year

1987

Principal Officer

Richard T Daspit Sr

Main Address

PO BOX 40213, BATON ROUGE, LA, 70835

NTEE Category

Code: E21Z - Health

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