F F Thompson Hospital Foundation Inc
F F Thompson Hospital Foundation: Strong Assets, Inconsistent Revenue
EIN: 222959984 · Canandaigua, NY · Updated: 2026-04-04
Is F F Thompson Hospital Foundation 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 Hospital Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About F F Thompson Hospital Foundation Inc
F F Thompson Hospital Foundation Inc (EIN: 222959984) is a nonprofit organization based in Canandaigua, NY. The organization reported total revenue of $2.0M and total assets of $19.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of F F Thompson Hospital Foundation 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 Hospital Foundation 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 Hospital Foundation 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
The provided data indicates 'c0%' for compensation to officers, directors, trustees, and key employees across all years, suggesting no reported executive compensation, which is unusual for an organization of this size and requires clarification.
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 Hospital Foundation Inc's IRS 990 filings:
- Consistent reporting of 0% compensation for key employees across all years raises a red flag regarding transparency or reporting accuracy.
- Significant fluctuations in reported revenue (e.g., $5,436,643 in 2023 vs. $1,799,105 in 2016) without clear explanation.
Strengths
The following positive indicators were identified for F F Thompson Hospital Foundation Inc:
- Strong and growing asset base, reaching $19,410,627 in 2023.
- Consistent operational history dating back to at least 2016 based on available filings.
- Low reported liabilities relative to assets.
Frequently Asked Questions about F F Thompson Hospital Foundation Inc
Is F F Thompson Hospital Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, F F Thompson Hospital Foundation Inc (EIN: 222959984) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does F F Thompson Hospital Foundation Inc spend its money?
F F Thompson Hospital Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to F F Thompson Hospital Foundation Inc tax-deductible?
F F Thompson Hospital Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222959984). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does F F Thompson Hospital Foundation Inc do?
F F Thompson Hospital Foundation 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 Hospital Foundation Inc have?
F F Thompson Hospital Foundation Inc reported total revenue of $1,981,583. Based on 13 IRS 990 filings on record.
What are F F Thompson Hospital Foundation Inc's total assets?
F F Thompson Hospital Foundation Inc holds total assets of $19,410,627 as reported in IRS 990 filings.
Where is F F Thompson Hospital Foundation Inc located?
F F Thompson Hospital Foundation Inc is based in Canandaigua, New York.
What is F F Thompson Hospital Foundation Inc's EIN?
F F Thompson Hospital Foundation Inc's Employer Identification Number (EIN) is 222959984. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is F F Thompson Hospital Foundation Inc?
F F Thompson Hospital Foundation Inc is classified under NTEE code Unknown (Unknown).
Is F F Thompson Hospital Foundation Inc a registered 501(c)(3)?
F F Thompson Hospital Foundation Inc appears in IRS records (EIN: 222959984). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does F F Thompson Hospital Foundation Inc file IRS Form 990?
Yes, F F Thompson Hospital Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was F F Thompson Hospital Foundation Inc's revenue in 2023?
In the 202312 filing period, F F Thompson Hospital Foundation Inc reported total revenue of $5,436,643, total expenses of $6,636,553, and net assets of $18,000,183.
Is F F Thompson Hospital Foundation Inc's revenue growing or declining?
F F Thompson Hospital Foundation Inc's revenue is growing. Revenue went from $2,212,346 (202212) to $5,436,643 (202312), a +145.7% change. Based on 13 filings on record.
What is F F Thompson Hospital Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for F F Thompson Hospital Foundation Inc covers tax period 202312. It shows revenue of $5,436,643, expenses of $6,636,553, total assets of $18,000,183, and liabilities of $1,495,372.
How much does F F Thompson Hospital Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, F F Thompson Hospital Foundation 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 Hospital Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, F F Thompson Hospital Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for F F Thompson Hospital Foundation Inc?
The following concerns were identified: Consistent reporting of 0% compensation for key employees across all years raises a red flag regarding transparency or reporting accuracy.. Significant fluctuations in reported revenue (e.g., $5,436,643 in 2023 vs. $1,799,105 in 2016) without clear explanation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are F F Thompson Hospital Foundation Inc's strengths?
Positive indicators for F F Thompson Hospital Foundation Inc include: Strong and growing asset base, reaching $19,410,627 in 2023.. Consistent operational history dating back to at least 2016 based on available filings.. Low reported liabilities relative to assets.. These findings are derived from AI analysis of the organization's financial filings.
How does F F Thompson Hospital Foundation Inc compensate executives?
The provided data indicates 'c0%' for compensation to officers, directors, trustees, and key employees across all years, suggesting no reported executive compensation, which is unusual for an organization of this size and requires clarification. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' compensation reported for key employees, how does the foundation manage its leadership and operational oversight?
The consistent reporting of zero compensation for officers, directors, trustees, and key employees across all available filings (2016-2023) suggests either a fully volunteer-led executive structure, or that compensation is reported under a different category not captured in the 'c' field, or a potential reporting anomaly. This warrants direct inquiry to understand the operational model and leadership remuneration practices.
What factors contribute to the significant year-over-year fluctuations in revenue, such as the jump from $2,212,346 in 2022 to $5,436,643 in 2023?
The substantial variations in revenue, like the increase from $2.2M in 2022 to $5.4M in 2023, could be attributed to large one-time donations, successful capital campaigns, or significant investment gains. Understanding the specific drivers behind these fluctuations is crucial for assessing the sustainability and predictability of the foundation's funding model.
Filing History
IRS 990 filing history for F F Thompson Hospital Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), F F Thompson Hospital Foundation Inc's revenue has grown by 73.2%, moving from $3.1M to $5.4M. Total assets increased by 42.3% over the same period, from $12.7M to $18.0M. Total functional expenses fell by 29%, from $9.4M to $6.6M. In its most recent filing year (2023), F F Thompson Hospital Foundation Inc reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $18.0M in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $16.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.4M | $6.6M | $18.0M | $1.5M | — | — |
| 2022 | $2.2M | $2.0M | $18.9M | $1.9M | — | — |
| 2021 | $4.5M | $4.2M | $20.1M | $1.3M | — | View 990 |
| 2020 | $2.8M | $3.0M | $18.4M | $1.7M | — | View 990 |
| 2019 | $4.4M | $5.9M | $16.8M | $1.2M | — | — |
| 2018 | $4.5M | $1.6M | $17.7M | $1.3M | — | View 990 |
| 2017 | $4.0M | $3.0M | $15.4M | $1.5M | — | View 990 |
| 2016 | $1.8M | $1.3M | $14.5M | $836K | — | View 990 |
| 2015 | $1.6M | $3.2M | $13.3M | $119K | — | View 990 |
| 2014 | $2.6M | $1.5M | $15.7M | $137K | — | View 990 |
| 2013 | $2.6M | $1.7M | $14.7M | $67K | — | View 990 |
| 2012 | $2.0M | $2.9M | $12.8M | $175K | — | View 990 |
| 2011 | $3.1M | $9.4M | $12.7M | $200K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.4M, expenses of $6.6M, and assets of $18.0M (revenue +145.7% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $18.9M (revenue -50.8% year-over-year).
- 2021: Revenue of $4.5M, expenses of $4.2M, and assets of $20.1M (revenue +60.3% year-over-year).
- 2020: Revenue of $2.8M, expenses of $3.0M, and assets of $18.4M (revenue -36.1% year-over-year).
- 2019: Revenue of $4.4M, expenses of $5.9M, and assets of $16.8M (revenue -2.2% year-over-year).
- 2018: Revenue of $4.5M, expenses of $1.6M, and assets of $17.7M (revenue +10.9% year-over-year).
- 2017: Revenue of $4.0M, expenses of $3.0M, and assets of $15.4M (revenue +124.8% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.3M, and assets of $14.5M (revenue +10.4% year-over-year).
- 2015: Revenue of $1.6M, expenses of $3.2M, and assets of $13.3M (revenue -38.4% year-over-year).
- 2014: Revenue of $2.6M, expenses of $1.5M, and assets of $15.7M (revenue +2.5% year-over-year).
- 2013: Revenue of $2.6M, expenses of $1.7M, and assets of $14.7M (revenue +30.0% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.9M, and assets of $12.8M (revenue -36.8% year-over-year).
- 2011: Revenue of $3.1M, expenses of $9.4M, and assets of $12.7M.
Data Sources and Methodology
This transparency report for F F Thompson Hospital Foundation 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.