F F Thompson Health System Inc
F F Thompson Health System: Stable Finances, Room for Transparency
EIN: 222959987 · Canandaigua, NY · Updated: 2026-04-04
Is F F Thompson Health System Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
F F Thompson Health System Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About F F Thompson Health System Inc
F F Thompson Health System Inc (EIN: 222959987) is a nonprofit organization based in Canandaigua, NY. The organization reported total revenue of $6.3M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of F F Thompson Health System Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates F F Thompson Health System Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, F F Thompson Health System Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Without specific compensation figures for key executives, a comprehensive assessment of executive compensation practices cannot be made.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of F F Thompson Health System Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it challenging to fully assess operational efficiency and resource allocation.
- Absence of executive compensation figures prevents evaluation of pay fairness and alignment with organizational performance.
Strengths
The following positive indicators were identified for F F Thompson Health System Inc:
- Consistently positive net revenue (revenue minus expenses) across all years provided, indicating financial stability.
- Total assets have remained robust, suggesting a strong financial foundation.
- The organization has maintained a healthy financial position with total liabilities consistently lower than total assets.
Frequently Asked Questions about F F Thompson Health System Inc
Is F F Thompson Health System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, F F Thompson Health System Inc (EIN: 222959987) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does F F Thompson Health System Inc spend its money?
F F Thompson Health System Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to F F Thompson Health System Inc tax-deductible?
F F Thompson Health System Inc is registered as a tax-exempt nonprofit (EIN: 222959987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does F F Thompson Health System Inc do?
F F Thompson Health System Inc is a nonprofit organization in the Unknown sector, located in Canandaigua, New York. It is classified under NTEE code Unknown.
How much revenue does F F Thompson Health System Inc have?
F F Thompson Health System Inc reported total revenue of $6,284,386. Based on 13 IRS 990 filings on record.
What are F F Thompson Health System Inc's total assets?
F F Thompson Health System Inc holds total assets of $6,275,967 as reported in IRS 990 filings.
Where is F F Thompson Health System Inc located?
F F Thompson Health System Inc is based in Canandaigua, New York.
What is F F Thompson Health System Inc's EIN?
F F Thompson Health System Inc's Employer Identification Number (EIN) is 222959987. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is F F Thompson Health System Inc?
F F Thompson Health System Inc is classified under NTEE code Unknown (Unknown).
Is F F Thompson Health System Inc a registered 501(c)(3)?
F F Thompson Health System Inc appears in IRS records (EIN: 222959987). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does F F Thompson Health System Inc file IRS Form 990?
Yes, F F Thompson Health System Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was F F Thompson Health System Inc's revenue in 2023?
In the 202312 filing period, F F Thompson Health System Inc reported total revenue of $5,264,504, total expenses of $5,169,249, and net assets of $6,382,762.
Is F F Thompson Health System Inc's revenue growing or declining?
F F Thompson Health System Inc's revenue is relatively stable. Revenue went from $5,026,543 (202212) to $5,264,504 (202312), a +4.7% change. Based on 13 filings on record.
What is F F Thompson Health System Inc's most recent 990 filing?
The most recent IRS Form 990 filing for F F Thompson Health System Inc covers tax period 202312. It shows revenue of $5,264,504, expenses of $5,169,249, total assets of $6,382,762, and liabilities of $3,264,697.
How much does F F Thompson Health System Inc spend on programs vs administration?
Based on IRS 990 analysis, F F Thompson Health System Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is F F Thompson Health System Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, F F Thompson Health System Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for F F Thompson Health System Inc?
The following concerns were identified: Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it challenging to fully assess operational efficiency and resource allocation.. Absence of executive compensation figures prevents evaluation of pay fairness and alignment with organizational performance.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are F F Thompson Health System Inc's strengths?
Positive indicators for F F Thompson Health System Inc include: Consistently positive net revenue (revenue minus expenses) across all years provided, indicating financial stability.. Total assets have remained robust, suggesting a strong financial foundation.. The organization has maintained a healthy financial position with total liabilities consistently lower than total assets.. These findings are derived from AI analysis of the organization's financial filings.
How does F F Thompson Health System Inc compensate executives?
Without specific compensation figures for key executives, a comprehensive assessment of executive compensation practices cannot be made. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has F F Thompson Health System managed to maintain consistent net revenue despite varying economic conditions over the past several years?
The data shows consistent positive net revenue (revenue minus expenses) ranging from $73,091 in 2017 to $143,054 in 2022, suggesting effective financial management and potentially stable demand for services, even without detailed operational insights.
What is the trend in the organization's asset growth versus liability growth, and what does this imply about its long-term financial health?
While total assets have fluctuated (e.g., $6,664,047 in 2016 to $6,382,762 in 2023), total liabilities have generally decreased from $4,934,401 in 2016 to $3,264,697 in 2023. This trend of decreasing liabilities relative to assets indicates an improving long-term financial health and reduced financial risk.
Filing History
IRS 990 filing history for F F Thompson Health System Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), F F Thompson Health System Inc's revenue has grown by 14.6%, moving from $4.6M to $5.3M. Total assets decreased by 14.3% over the same period, from $7.4M to $6.4M. Total functional expenses rose by 6.3%, from $4.9M to $5.2M. In its most recent filing year (2023), F F Thompson Health System Inc reported a surplus of $95K, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $6.4M in assets (debt-to-asset ratio: 51.1%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $5.2M | $6.4M | $3.3M | — | — |
| 2022 | $5.0M | $4.9M | $6.3M | $3.4M | — | View 990 |
| 2021 | $5.2M | $5.0M | $6.6M | $3.9M | — | View 990 |
| 2020 | $4.9M | $4.6M | $6.8M | $4.5M | — | View 990 |
| 2019 | $4.7M | $4.6M | $6.4M | $4.5M | — | View 990 |
| 2018 | $4.7M | $4.6M | $6.4M | $4.6M | — | View 990 |
| 2017 | $4.7M | $4.7M | $6.5M | $4.8M | — | — |
| 2016 | $4.6M | $4.5M | $6.7M | $4.9M | — | View 990 |
| 2015 | $4.2M | $4.2M | $6.1M | $4.4M | — | View 990 |
| 2014 | $4.6M | $4.8M | $6.7M | $4.8M | — | View 990 |
| 2013 | $4.4M | $4.5M | $7.2M | $4.7M | — | View 990 |
| 2012 | $5.2M | $5.3M | $7.3M | $5.1M | — | View 990 |
| 2011 | $4.6M | $4.9M | $7.4M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $5.2M, and assets of $6.4M (revenue +4.7% year-over-year).
- 2022: Revenue of $5.0M, expenses of $4.9M, and assets of $6.3M (revenue -2.8% year-over-year).
- 2021: Revenue of $5.2M, expenses of $5.0M, and assets of $6.6M (revenue +6.4% year-over-year).
- 2020: Revenue of $4.9M, expenses of $4.6M, and assets of $6.8M (revenue +3.2% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.6M, and assets of $6.4M (revenue -0.8% year-over-year).
- 2018: Revenue of $4.7M, expenses of $4.6M, and assets of $6.4M (revenue +0.7% year-over-year).
- 2017: Revenue of $4.7M, expenses of $4.7M, and assets of $6.5M (revenue +3.2% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.5M, and assets of $6.7M (revenue +7.6% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.2M, and assets of $6.1M (revenue -7.6% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.8M, and assets of $6.7M (revenue +3.8% year-over-year).
- 2013: Revenue of $4.4M, expenses of $4.5M, and assets of $7.2M (revenue -14.6% year-over-year).
- 2012: Revenue of $5.2M, expenses of $5.3M, and assets of $7.3M (revenue +12.7% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.9M, and assets of $7.4M.
Data Sources and Methodology
This transparency report for F F Thompson Health System Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.