Ferrell Hospital Community Foundation
Ferrell Hospital Community Foundation shows strong revenue and asset growth, with consistent 0% reported officer compensation.
EIN: 201244058 · Eldorado, IL · NTEE: E202 · Updated: 2026-03-28
Is Ferrell Hospital Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ferrell Hospital Community Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ferrell Hospital Community Foundation
Ferrell Hospital Community Foundation (EIN: 201244058) is a nonprofit organization based in Eldorado, IL, classified under NTEE code E202. The organization reported total revenue of $68.8M and total assets of $57.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ferrell Hospital Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ferrell Hospital Community Foundation is a major nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46.5M |
| Total Expenses | $47.6M |
| Surplus / Deficit | $-1,151,480 |
| Total Assets | $51.7M |
| Total Liabilities | $44.6M |
| Net Assets | $7.1M |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 86.3% |
| Months of Reserves | 13.0 months |
Financial Health Grade: C
In 2023, Ferrell Hospital Community Foundation reported a deficit of $1.2M with expenses exceeding revenue, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 86.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ferrell Hospital Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.9% | +20.8% | -6.2% |
| 2022 | +27.1% | +33.7% | +3.6% |
| 2021 | +16.5% | +8.2% | +104.6% |
| 2020 | +13.3% | +15.1% | +97.8% |
| 2019 | +10.9% | +17.6% | +24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ferrell Hospital Community 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ferrell Hospital Community Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 86.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either a volunteer leadership structure or compensation being handled through an affiliated entity, which is a notable point for a large organization with over $46 million in annual revenue.
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 Ferrell Hospital Community Foundation's IRS 990 filings:
- Expenses exceeded revenue in the latest fiscal period (202303), indicating a net operating deficit for that year.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary data makes a precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for Ferrell Hospital Community Foundation:
- Consistent and significant revenue growth over the past decade, from $18.4M in 2014 to $46.4M in 2023.
- Strong asset growth, increasing from $7.3M in 2014 to $51.6M in 2023, indicating robust financial health.
- Consistent reporting of 0% officer compensation across all filings, suggesting efficient use of funds or alternative compensation structures.
- Long history of IRS 990 filings (13 periods), demonstrating consistent compliance and transparency.
- Positive net assets, with assets significantly exceeding liabilities in most periods, indicating financial stability.
Frequently Asked Questions about Ferrell Hospital Community Foundation
Is Ferrell Hospital Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ferrell Hospital Community Foundation (EIN: 201244058) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Ferrell Hospital Community Foundation spend its money?
Ferrell Hospital Community Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ferrell Hospital Community Foundation tax-deductible?
Ferrell Hospital Community Foundation is registered as a tax-exempt nonprofit (EIN: 201244058). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ferrell Hospital Community Foundation manage to report 0% officer compensation with such significant revenue and assets?
The consistent reporting of 0% officer compensation across all 13 filings suggests that either the organization's leadership is entirely volunteer-based, or compensation for key executives is paid by an affiliated entity (e.g., Ferrell Hospital itself) and not directly by the foundation, thus not appearing on the foundation's 990 as direct officer compensation.
What caused the deficit in the 2023 fiscal period?
In the 2023 fiscal period, expenses ($47,649,963) exceeded revenue ($46,498,483) by over $1.1 million. This could be due to increased operational costs, significant one-time investments, or a temporary dip in revenue, but without more detailed financial statements, the exact cause cannot be determined from the 990 summary data alone.
What is the primary use of the foundation's growing assets?
Given the NTEE code E202 (General Hospitals), it is highly probable that the foundation's growing assets are primarily used to support the operations, expansion, and services of Ferrell Hospital, including capital improvements, equipment purchases, and potentially subsidizing patient care or community health initiatives.
Filing History
IRS 990 filing history for Ferrell Hospital Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ferrell Hospital Community Foundation's revenue has grown by 180.1%, moving from $16.6M to $46.5M. Total assets increased by 586.4% over the same period, from $7.5M to $51.7M. Total functional expenses rose by 184.3%, from $16.8M to $47.6M. In its most recent filing year (2023), Ferrell Hospital Community Foundation reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $44.6M in liabilities against $51.7M in assets (debt-to-asset ratio: 86.3%), resulting in net assets of $7.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46.5M | $47.6M | $51.7M | $44.6M | — | View 990 |
| 2022 | $40.1M | $39.4M | $55.1M | $46.9M | — | View 990 |
| 2021 | $31.5M | $29.5M | $53.2M | $47.5M | — | View 990 |
| 2020 | $27.1M | $27.3M | $26.0M | $21.1M | — | View 990 |
| 2019 | $23.9M | $23.7M | $13.1M | $8.0M | — | View 990 |
| 2018 | $21.5M | $20.2M | $10.6M | $5.7M | — | View 990 |
| 2017 | $20.9M | $19.8M | $10.3M | $6.8M | — | View 990 |
| 2016 | $19.0M | $17.5M | $8.1M | $5.7M | — | View 990 |
| 2015 | $17.0M | $16.2M | $7.2M | $6.2M | — | View 990 |
| 2014 | $18.5M | $16.9M | $7.4M | $7.2M | — | View 990 |
| 2013 | $18.2M | $18.4M | $7.5M | $9.0M | — | View 990 |
| 2012 | $18.2M | $18.4M | $8.4M | $9.6M | — | View 990 |
| 2011 | $16.6M | $16.8M | $7.5M | $8.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46.5M, expenses of $47.6M, and assets of $51.7M (revenue +15.9% year-over-year).
- 2022: Revenue of $40.1M, expenses of $39.4M, and assets of $55.1M (revenue +27.1% year-over-year).
- 2021: Revenue of $31.5M, expenses of $29.5M, and assets of $53.2M (revenue +16.5% year-over-year).
- 2020: Revenue of $27.1M, expenses of $27.3M, and assets of $26.0M (revenue +13.3% year-over-year).
- 2019: Revenue of $23.9M, expenses of $23.7M, and assets of $13.1M (revenue +10.9% year-over-year).
- 2018: Revenue of $21.5M, expenses of $20.2M, and assets of $10.6M (revenue +2.9% year-over-year).
- 2017: Revenue of $20.9M, expenses of $19.8M, and assets of $10.3M (revenue +10.4% year-over-year).
- 2016: Revenue of $19.0M, expenses of $17.5M, and assets of $8.1M (revenue +11.4% year-over-year).
- 2015: Revenue of $17.0M, expenses of $16.2M, and assets of $7.2M (revenue -7.9% year-over-year).
- 2014: Revenue of $18.5M, expenses of $16.9M, and assets of $7.4M (revenue +1.6% year-over-year).
- 2013: Revenue of $18.2M, expenses of $18.4M, and assets of $7.5M (revenue -0.3% year-over-year).
- 2012: Revenue of $18.2M, expenses of $18.4M, and assets of $8.4M (revenue +9.9% year-over-year).
- 2011: Revenue of $16.6M, expenses of $16.8M, and assets of $7.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ferrell Hospital Community Foundation:
Data Sources and Methodology
This transparency report for Ferrell Hospital Community 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.