Fairfield Medical Center Foundation

Fairfield Medical Center Foundation shows fluctuating revenue and expenses, with no reported officer compensation.

EIN: 208952945 · Lancaster, OH · NTEE: T30 · Updated: 2026-03-28

$2.0MRevenue

$3.3MAssets

85/100Mission Score (Excellent)

T30

About Fairfield Medical Center Foundation

Fairfield Medical Center Foundation (EIN: 208952945) is a nonprofit organization based in Lancaster, OH, classified under NTEE code T30. The organization reported total revenue of $2.0M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairfield Medical Center Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Fairfield Medical Center Foundation demonstrates a fluctuating financial performance over the past several years. While the organization reported a latest revenue of $1,954,576, its expenses have at times significantly exceeded revenue, such as in 2023 ($1,675,075 expenses vs. $1,103,330 revenue) and 2021 ($1,691,294 expenses vs. $851,501 revenue). This indicates periods of deficit spending, which could draw down reserves if not balanced by future surpluses. The foundation's assets have generally remained stable, hovering around $3-4 million, suggesting a reasonable financial cushion.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent reporting of 0% officer compensation across all available filings is a strong indicator of efficient use of donor funds at the executive level and suggests a volunteer-led or very lean administrative structure. This practice enhances transparency and trust, as it ensures that donations are not being diverted to high executive salaries. The foundation's primary role as a support organization for Fairfield Medical Center implies that its 'program' spending would largely consist of grants or direct support to the medical center, which is a common and efficient model for hospital foundations.

Overall, Fairfield Medical Center Foundation appears to be a transparent organization, particularly regarding executive compensation. Its financial health shows resilience despite periods of deficit spending, maintaining a healthy asset base. The lack of detailed expense breakdowns in the provided data limits a complete assessment of spending efficiency, but the absence of officer compensation is a significant positive factor.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fairfield Medical Center Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Fairfield Medical Center Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Fairfield Medical Center Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is a strong positive for donor confidence and efficient use of funds.

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 Fairfield Medical Center Foundation's IRS 990 filings:

Significant expense over revenue in multiple recent years (e.g., 2023, 2021) could indicate reliance on reserves or unsustainable spending patterns if not balanced over time.

Strengths

The following positive indicators were identified for Fairfield Medical Center Foundation:

Consistent 0% officer compensation demonstrates excellent financial stewardship and dedication to mission.
Maintains a healthy asset base (around $3-4 million) providing financial stability.
Long filing history (13 filings) indicates established operations and consistent reporting.

Frequently Asked Questions about Fairfield Medical Center Foundation

Why does Fairfield Medical Center Foundation have periods where expenses significantly exceed revenue?

The filings show expenses exceeding revenue in multiple years (e.g., 2023: $1,675,075 expenses vs. $1,103,330 revenue; 2021: $1,691,294 expenses vs. $851,501 revenue). This could be due to strategic investments, large one-time grants to the medical center, or using accumulated reserves for specific projects.

What is the primary use of the foundation's funds?

As a hospital foundation (NTEE Code T30), its primary purpose is typically to support the associated medical center. Funds are likely used for equipment purchases, facility upgrades, patient programs, or other initiatives benefiting Fairfield Medical Center.

How does the foundation manage its assets given the revenue fluctuations?

Despite revenue fluctuations, the foundation has maintained a stable asset base of approximately $3-4 million. This suggests prudent financial management, potentially through investment strategies or by drawing on reserves during deficit years and replenishing them during surplus years.

Filing History

IRS 990 filing history for Fairfield Medical Center Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Fairfield Medical Center Foundation's revenue has grown by 48.4%, moving from $743K to $1.1M. Total assets increased by 183.7% over the same period, from $1.1M to $3.0M. Total functional expenses rose by 329.1%, from $390K to $1.7M. In its most recent filing year (2023), Fairfield Medical Center Foundation reported a deficit of $572K, with expenses exceeding revenue. The organization holds $51K in liabilities against $3.0M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $2.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.1M	$1.7M	$3.0M	$51K	—	—
2022	$957K	$612K	$3.3M	$38K	—	View 990
2021	$852K	$1.7M	$3.6M	$41K	—	View 990
2020	$985K	$833K	$4.4M	$31K	—	View 990
2019	$1.0M	$824K	$4.2M	$32K	—	View 990
2018	$956K	$760K	$3.7M	$94K	—	View 990
2017	$1.8M	$838K	$3.7M	$45K	—	View 990
2016	$1.1M	$1.0M	$2.5M	$9K	—	View 990
2015	$949K	$805K	$2.4M	$53K	—	View 990
2014	$925K	$564K	$2.3M	$0	—	View 990
2013	$937K	$676K	$2.0M	$0	—	View 990
2012	$1.0M	$452K	$1.7M	$0	—	View 990
2011	$743K	$390K	$1.1M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.1M, expenses of $1.7M, and assets of $3.0M (revenue +15.3% year-over-year).
2022: Revenue of $957K, expenses of $612K, and assets of $3.3M (revenue +12.4% year-over-year).
2021: Revenue of $852K, expenses of $1.7M, and assets of $3.6M (revenue -13.5% year-over-year).
2020: Revenue of $985K, expenses of $833K, and assets of $4.4M (revenue -5.0% year-over-year).
2019: Revenue of $1.0M, expenses of $824K, and assets of $4.2M (revenue +8.4% year-over-year).
2018: Revenue of $956K, expenses of $760K, and assets of $3.7M (revenue -47.6% year-over-year).
2017: Revenue of $1.8M, expenses of $838K, and assets of $3.7M (revenue +67.6% year-over-year).
2016: Revenue of $1.1M, expenses of $1.0M, and assets of $2.5M (revenue +14.8% year-over-year).
2015: Revenue of $949K, expenses of $805K, and assets of $2.4M (revenue +2.6% year-over-year).
2014: Revenue of $925K, expenses of $564K, and assets of $2.3M (revenue -1.2% year-over-year).
2013: Revenue of $937K, expenses of $676K, and assets of $2.0M (revenue -8.7% year-over-year).
2012: Revenue of $1.0M, expenses of $452K, and assets of $1.7M (revenue +38.0% year-over-year).
2011: Revenue of $743K, expenses of $390K, and assets of $1.1M.

Data Sources and Methodology

This transparency report for Fairfield Medical Center Foundation 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.